The Export-Import Bank Nightmare: "Investment gimmicks subject to endless political pressure by central-planners are dubious and inherently inefficient ways to invest money. The unintended consequences of government-backed loans have been disastrous and continue to encourage companies to lobby Congress for special perks and privileges at your expense. This is a form of European-style socialism, and it is time to stop repeating failed policies.
Fiscal conservatives in Congress must make the Ex-Im bank an “ex-bank.”"
'via Blog this'
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