“After 81 years of funneling taxpayer dollars to favored companies, projects, and geopolitical outcomes under the guise of advancing some vague conception of the ‘U.S. economic interest,’ the Export-Import Bank of the United States will end its financing operations at midnight tonight. Proponents of the Bank have been regrouping and strategizing to move legislation to reauthorize the Bank at the soonest possible chance. In fact the White House is hosting a conference call for the purpose of advancing that outcome. The battle may be over but the war continues.”
http://fee.org/anythingpeaceful/detail/the-ex-im-bank-is-dead-but-watch-out-for-subsidy-zombie
(Visited 50 times, 1 visits today)
Related posts:
California Governor Calls for Legislation that will Increase Unemployment
Upturn Millionaires: How to Play the Turning Tides in Precious Metals
Inside TimeSpace, the New York Times’ new startup accelerator
DEA Seized $3.2 Billion From People Since 2007 Without Charging Any Crime
U.S. Banks Buy Gold Futures in Dramatic Position Change
Need Bitcoins? This ATM takes dollars and funds your account
Five Scientific Conclusions About Cannabis That The Mainstream Media Doesn’t Want You To Know
U.S. court grants Nigerian asylum-seeker the right to testify about his own torture
WWW inventor: Government surveillance worse than outright censorship
'Don't Shoot My Dog' Laws Proposed
Media Begin Orchestrating the Celebration: the FED’s 100th Birthday
Court sides with lovers of boobies: School cannot ban breast cancer awareness bracelets
Jaron Lukasiewicz Talks About Coinsetter
Pulp Fiction: The Broken Promises of Biofuels
7 Homeschool Children Taken Away For Unapproved Supplement