Saturday, March 31, 2012

Let the Ex IM Bank Die

Listen to a beneficiary of the Ex Im Bank:

“There’s not a bank in the United States that’s going to loan money to that customer of mine in Argentina to buy my airplane,” said David Ickert, vice president of finance at Air Tractor, which makes crop-dusting and firefighting airplanes in Olney, Texas “There is not a free-market system that operates like that. It does not exist. We need the Ex-Im Bank, period.”


This is another example of the lesson that Republicans are incapable of doing business without subsidies.  And like most government programs, rip-offs are common and charged off to the taxpayers.  Here a scam artist got 5 months in jail and 5 months in home detention for a million dollar heist.  (Kinda worth it, eh?)

I understand that it is sad Republicans do not know how to do business.  But welfare is not the way for anyone.  And no one should claim to be enamored of the "free market" as they take taxpayers subsidies to make their businesses work.

Feel free to forward this by email to three of your friends.


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