export-import bank

Attack on Ted Cruz: Can the GOP’s Capitol Hill “Leaders” Get Any Lower?

What really got Ted Cruz in trouble was not calling Mitch McConnell a liar – everyone in Washington already knows McConnell is a liar – what got Cruz in trouble with DC’s inside operators was telling the truth about how Capitol Hill works.

Ex-Im Bank Dead – Or Is It?

The Export – Import Bank’s charter officially expired at midnight last night and those opposed to its cronyism and corruption rightly celebrated its demise. But the celebration may be just a little premature as the corporate vampires who have gotten fat sucking the taxpayers dry through Ex-Im and other crony government deals haven’t given up on maintaining their subsidized loans and insider deals.

Export-Import Bank ends operations as Congress failed to reauthorize

Andrew V. Pestano, UPI

The Export-Import Bank of the United States will end operations tonight as Congress failed to reauthorize its charter before the July 4 recess. The bank will not be able to arrange new loans for the first time since it was implemented 81 years ago. Democrats and a few Republicans are attempting to renew the bank's charter, which could see the bank's rebirth by late July.

Can Obama's Powerful Cronies Save Ex-Im Bank?

Club for Growth Spokesman Barney Keller said this about President Obama's 180 on reauthorizing the Export-Import Bank, "2014 Obama should follow the lead of 2008 Obama, who called the Export-Import Bank a ‘fund for corporate welfare.’ While reauthorizing the Export-Import Bank may mean millions in profits for the President's golfing buddies, it also means billions in taxpayer exposure to just a few politically connected companies.”

Lee: An Issue That Should Bring Libs & Conservatives Together: Fighting Cronyism

Sen.Mike Lee, Heritage Foundation Blog

An artifact of the New Deal, the Ex-Im Bank now exists to dole out taxpayer-backed loan guarantees to foreign buyers of American goods. Anti-cronyist reform is at once pro-growth, principled, and popular. It's essential to transforming our movement into a majority.