Better is the poor that walketh in his uprightness, than he that is perverse in his ways, though he be rich. ~Proverbs 28:6

Ex-Im Cronies Lining Their Pockets

Posted: 2015-03-28

AFP 3-28-15

afp wide

 

Exim Cronyism

 

Since the start of the Obama administration, the Export-Import bank has been a vehicle for the President's expensive "green energy" agenda, costing taxpayers millions while padding the pockets of the politically well-connected.

 

ex-im bank crony v2

 

Whenever the government is allowed to pick winners and losers in private industry, cronyism can run rampant. Lawmakers should get taxpayers out of the business of propping up international corporations. It's time to end the Ex-Im Bank and stop the tax dollar giveaways.

The bank's charter ends in June; if Congress simply does nothing, they can end Ex-Im.
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