“In passing today’s continuing resolution that includes extending operations for the U.S. Export-Import Bank through June 2015, the U.S. House of Representatives has set the stage for final action, which will then provide ample time to work through critical issues and develop targeted, meaningful reform.
“We hope this additional time will allow members of Congress the opportunity to find common ground in a manner that both improves the Bank’s business practices and protects all U.S. jobs.
Read the story here...
Why is Airline Pilot's Union supporting the elite bankkers? The Export Import Bank is nothing more than the ruling elite picking winners and losers. It is centralized planning. Think Enron. They subsidize exports and provide loans too risky for other banks to finance. It's monopoly money. We the people would rather you guys not provide funding to businesses who can't find that funding in the free market. There' s a reason they can't get the funding.
Why does this Union support the Export import bank?