The GOP, The Ex-Im Bank And Stupidity

suyts space


I’ve probably had too many beers tonight to properly write about this. And, I will write about this on more than one occasion.

But, for tonight, let me state this clearly and unambiguously. The closing of the Ex-Im bank is horribly un-American.

For those who do not know, the charter for the Export/Import bank was not renewed. It expired last night. It is a governmental agency which facilitated loans which allow some of our businesses to sell to foreign entities. There are 59 other nations which have a similar governmental bank, operating to do the same thing the Ex/Im bank does.

Don’t get me wrong, I’m all for shutting it down. But, before one does, one must set in place a vehicle to supplant it through the private sector. This was not done.

People have become so wedded to ideology that they’ve failed to know or understand why such ideology…

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