The Bank is a good idea and I’d rather see it reformed than eliminated.
But I’d rather it be eliminated than continue to operate so corruptly.
Yes, it’s a comparatively good idea considering all the other slush funds, assuming they worked as intended to give US exporters who had no access to the funds needed through normal channels a chance to compete, but that never happened.
IMO, government should not be about picking winners and losers or helping one or the other ....period.
Any leeway you give government, they will corrupt.
40% of the bank’s money subsidizes Boeing, 10% subsidizes GE...Both are huge doners to the Clinton cartel.
Here again is the great divide in the GOP.
I am a Main St Republican - and you appear to be a Big Business/Corporate Republican. Before you get all huffy, there may be a better distinction but for now, I want to get to my point.
Main St Republicans are sick of hearing multi nationals tell us they have to offshore our jobs to be competitive - plus, they need taxpayers to subsidize their sales by way of the Import Export Bank.
Then they argue that they need to keep the profits offshore because they don’t want to pay taxes on the money they made, using taxpayer subsidies, and foreign labor.
NOBODY is giving me anything. My small business hasn’t got the clout to get anything from anyone. I pay it all. And my poor kids, they make just enough for Washington to take 40% of their paycheck... and they get no favors either.
This is why so many conservatives stay home at election time.
Both parties take care of specific interests... Dems love their gays, illegals, pubic employees and welfare mothers.
Republicans look after the BIG boys, the banks, corporations, Wall St... and now gays, illegals, public employees and welfare mothers because they don’t think they can win the MIDDLE without the Democratic special interests.
AND AGAIN... nothing and nobody for the vanishing Middle Class