Export-Import Bank Quotes
The Tea Party, having had little success at the polls, tended to pick one element of government with most members and friends bashing that element blindly, like the blind-folded children at a Piñata Party. In this case it was the Export Import Bank that enabled over 250,000 jobs last year. The Tea Party which is always complaining about government spending, surprised most observers when they attacked the Export-Import Bank. It is one of the very few government agencies that costs the taxpayer nothing. As a matter of fact, it actually produces a profit for the taxpayer and reduces the deficit. See {640781}.
The Export-Import Bank lends money at good interest rates to foreign businesses to buy goods manufactured in the United States. It creates hundreds of thousands of American jobs each year, and costs the American taxpayer nothing; the bank actually makes money, None the less, it has been the policy of the extremist conservative Republicans like the Tea Party to oppose the bank’s charter renewal.
