All aboard the GOPe train!
Destination nowhere.
Posted on 05/20/2015 10:37:17 AM PDT by ghost of stonewall jackson
House conservatives are declaring victory in their yearslong quest to kill an obscure government bank — and Speaker John Boehner may soon face a choice whether to team up with Democrats to save it.
Republican hard-liners predicted Tuesday they have the votes to stop a reauthorization of the Export-Import Bank — a government agency that has come under fire from conservatives who argue it amounts to a free market-distorting handout — over the protest of powerful Republican business interests. The bank’s charter is set to expire at the end of June.
The emphatic statements of Hensarling and other House conservatives set the stage for yet another potential showdown between Boehner, an Ohio Republican, and his right flank. Democrats want to reauthorize the bank and say it would pass if the speaker allowed a vote, but that would mean defying the wishes of a majority of the GOP conference.
Conservatives have attacked the bank for “crony capitalism.” They argue that the bank picks economic winners and losers by giving loans to corporations like Boeing and General Motors — and runs counter to the small-government principles the hard-line Republicans were elected on.
(Excerpt) Read more at politico.com ...
What kind of question is that?
Of course he will.
Export-Import Bank......where multi-billion dollar companies go to get free money, and lucrative contracts.
Boehner will stab caucus in the back. Boehner is the Democrat in charge of House Republicans. He is Hussein’s House whip.
What do they Import-Export? Diapers?
Depends on how much they “donate” to him.
In 2012 82% of the ExIm Bank’s loans went to Boeing alone! Eighty-two per cent!
The democrats are too evil to rule.
And the Republicans are too stupid to rule.
Do something about imports not exports. Duh!!!
Yup, of course he will!
..been running ads for two weeks in the Houston area.
crony capitalism at its worst. tell boeing to obtain financing on the open market, not from the taxpayers
Thanks for the info. I knew it was a lot, but not this high of a percentage.
CoC is for it, I’m agin it.
TRAITORS
Expect a few token opposition types to stomp their feet in futility though, for posterity of course.
“over the protest of powerful Republican business interests”
So you know revoking it is a good thing.
That must be rhetorical
the bank picks economic winners and losers by giving loans to corporations like Boeing and General Motors
Bulls%$^, they Give TAXPAYER MONEY TO THEM, not Loans. Pure WELFARE
“the hard-line Republicans”
Hey, Lauren: watch out, dearie; you’re about to fall off the left end of the earth.
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