Old 12-09-2016 | 05:04 AM
  #229  
METO Guido
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Originally Posted by DFWAviatior
Ex-Im Bank is a two way street.
The Ex-Im bank (Boeing's Bank) for those unfamiliar, is a gov't credit guarantee program offering below market rate terms to foreign companies buying U.S. product. Even though intended by charter to benefit exporters regardless of size, 75% of the portfolio is consistently soaked up by the top 10 recipients. The subsidies make foreign manufacturers stronger in the global market place. The credit risk to U.S. taxpayers for non-performing loans is staggering.

Originally Posted by Flytolive
The fact of the matter is that right wing deregulation is what got us into this mess and we are heading back for more.
There are many, many reasons for this outcome. Not the least of which, an electorate addicted to voting itself benefits & wars solvent GDP can't support.
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