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Old 04-23-2012 | 11:35 AM
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Originally Posted by alfaromeo
That guy in the article was all over the place. First he asserts that the Ex-Im bank only gives loans to companies that have no access to credit but then claims Delta pays higher interest because they have a poor credit rating. Do these other carriers have high credit ratings or do they not have access to credit, you have to pick one or the other.

Second, he claims that there is no subsidy in the Ex-Im bank. Then he claims if we end the Ex-Im then carriers will all go to Airbus because they have subsidies. Which is it, are there subsidies or not?

This was probably written by a Boeing PR guy and handed off to Forbes along with a large advertisement buy.
You beat me to it. Just another Keynesian corporatist raging that someone is exposing the insanity of one of his little "public private" experiments giving government mandated welfare to select businesses. I bet the lobby money and flat out bribery is gushing into Congress over this.