Saturday, May 4, 2013

Fred Hochberg and the Ex-Im Bank (again) « Hot Air

Fred Hochberg and the Ex-Im Bank (again) « Hot Air: "If Ex-Im is supposed to be helping grow American companies and assist them in expanding into overseas markets, why is almost all the money going to a single company? Of $14.7 billion in loan guarantees for 2012, $12.2 billion went to subsidize Boeing sales. Granted, Boeing does a lot of exporting, but aren’t there a lot more companies who could use some help competing in other markets? If that’s all Ex-Im is going to do, maybe the government should just set up a new law specifically to bail out Boeing."

'via Blog this'

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