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Five Reasons Ex-Im Bank Reauthorization Is Important To National Security

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posted on Oct, 24 2014 @ 06:14 PM
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Over the last several years, the U.S. Export-Import Bank has become controversial for the first time in its 80-year history. The controversy doesn’t make much sense since Ex-Im is a small, self-sustaining agency that does nothing more than what export-credit agencies in dozens of other nations do. In fact, its operations are dwarfed by the export-promotion activities of countries like China. Nonetheless, a handful of ideologues in the House Republican Conference have sought to block reauthorization of the bank despite large majorities in both chambers favoring its continuation.


Forbes

Why would they block this? Doesn't this actually help the economy?




posted on Oct, 25 2014 @ 01:26 AM
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a reply to: onequestion
Maybe somebody wants it dead so they can pick up the slack after....its probably a good money maker.....
That's my guess....political payoff for some bribe....



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