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They say the Export Import Bank is a tiny agency that creates jobs for small business while producing a profit for the Treasury. And rescues baby rabbits from dangerous predators. And it’s gluten free.
Call us skeptics.
We saw the news that Goldman Sachs used the Export Import Bank to secure funding for a financially unstable buyer—after paying the Secretary of State’s husband $200,000 for a fifteen-minute speech.
Read more →Every six months.
Just when you can you least afford it.
It’s Herpes Ex-Im, a cronyism disease that can make the prettiest economic system look sick.
Herpes Ex-Im is a virus that attacks your economy’s competitive system, resulting ugly blemishes. Even your lover won’t want to kiss you.
But there’s a cure.
Left untreated by Congress, Herpes Ex-Im will die.
The free-market system has built-in defenses against crony diseases like Herpes Ex-Im.
Read more →There is a tide in the affairs of men. Which, taken at the flood, leads on to fortune; Omitted, all the voyage of their life Is bound in shallows and in miseries. On such a full sea are we now afloat, And we must take the current when it serves, Or lose our ventures.
Julius Caesar Act 4, scene 3, 218–224
The problem the Republican Party has, too many people are sitting around, waiting for a wave to take them across the election.
Read more →Rep. Ann Wagner’s Heritage Action Score is a disappointing 59. It’s about to drop even lower.
Last week, the Republican from Missouri’s 2nd Congressional District came out strongly in support of cronyism by endorsing and vowing to fight for extending the Export-Import Bank.
From Wagner’s interview with National Public Radio:
“There is some talk about a short-term reauthorization, perhaps six or seven months on Ex-Im,” she said. “I’d like it to be longer than that.
Read more →CORRECTION: My sincerest apologies for an inexcusable error in this post earlier. I erroneously congratulated my friend Martin Baker in the US House 1st District primary. I understand that Martin was about 500 votes short. I failed to verify information I received on the race, and I apologize for my irresponsibility.
Well, this got people talking. (See the comments.)
Yesterday was the Missouri Primary. Congratulations to Rick Stream and Jay Ashcrofton their wins in contested races for St.
Read more →“Shellacked!”
That was the word that stuck out to me.
Eric Cantor, the Republican House Majority Leader led by 34 points according to his pollster. He lost by 10. That’s a shellacking.
Eric Cantor was the first sitting House Majority Leader ever knocked off in a primary. Cantor was also one of Wall Street’s best friends and the embodiment of crony capitalism—the disease eating the heart out of the GOP.
Read more →I’ll give Business Insider some credit. After Tea Party-backed candidates came up empty across the board in Tuesday’s Republican primaries, the website that has spent years maligning our rule-of-law movement could have taken the low road.
Instead, blogger Brett Logiurato wrote a fair assessment of what’s happened to the GOP since February 27, 2009.
The much-talked about Republican “civil war” is over, at least for the people who thought it even existed in the first place.
Read more →