tsai3904
07-23-2015, 09:53 AM
Keep Export-Import Bank in its corporate-welfare grave
By U.S. Rep. Justin Amash
July 23, 2015
If a man swipes your wallet, he's a thief. We don't ask whether the pickpocket ultimately spent the cash on a worthy cause. Yet, supporters of corporate welfare would have you believe that as long as the companies receiving welfare prosper, you shouldn't care that the government snatched your money to make it happen.
In fact, some people pushing corporate welfare are so dedicated to the ideology of political cronyism that they'll euphemistically describe wealth redistribution from regular Americans to politically connected businesses as "economic development."
On June 30, regular Americans won a big victory with the expiration of a particularly egregious example of cronyism, the Export-Import Bank, also known as Ex-Im. Recently, President Barack Obama and congressional Democrats have been cheerleading for Ex-Im. But in 2008, then-Senator Obama called Ex-Im "little more than a fund for corporate welfare." He was right.
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More:
http://www.mlive.com/opinion/index.ssf/2015/07/keep_export-import_bank_in_its.html
By U.S. Rep. Justin Amash
July 23, 2015
If a man swipes your wallet, he's a thief. We don't ask whether the pickpocket ultimately spent the cash on a worthy cause. Yet, supporters of corporate welfare would have you believe that as long as the companies receiving welfare prosper, you shouldn't care that the government snatched your money to make it happen.
In fact, some people pushing corporate welfare are so dedicated to the ideology of political cronyism that they'll euphemistically describe wealth redistribution from regular Americans to politically connected businesses as "economic development."
On June 30, regular Americans won a big victory with the expiration of a particularly egregious example of cronyism, the Export-Import Bank, also known as Ex-Im. Recently, President Barack Obama and congressional Democrats have been cheerleading for Ex-Im. But in 2008, then-Senator Obama called Ex-Im "little more than a fund for corporate welfare." He was right.
...
More:
http://www.mlive.com/opinion/index.ssf/2015/07/keep_export-import_bank_in_its.html