But many that are first shall be last; and the last shall be first. ~Matthew 19:30
Ex-Im Cronies Lining Their Pockets
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.
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.