Print Stephen DeMaura Read Full Bio Don’t Let Ex-Im Bank's PR Campaign Fool You The fact is that the bank doles mega-loans out to huge companies that do not deserve or need subsidies. One of these corporations is the Boeing Company, which received almost 90% of all the Ex-Im’s loans in 2009. Columnist Howard Rich also noted that Boeing has “benefited from $8.4 billion in Ex-Im loans in 2009, $6.4 billion in 2010 and $11.4 billion in 2011 – gobbling up the overwhelming majority of the bank’s lending capacity.” 17 Jul 2012 Airline union efforts threatening jobs, consumers With the summer travel season heating up and ticket prices continuing to rise, the last thing the airline industry needs is internal politics threatening to disrupt operations. Yet that is exactly what is happening to American Airlines. The company, currently in Chapter 11 bankruptcy, is on the verge of imploding from within because of an attempted power grab by unions representing pilots, flight attendants and ground workers. 2 Jul 2012 Congress Should Reform or Eliminate the Ex-Im Bank, Not Give It More Money In spite of The Export-Import Bank's steep budget, its effect on the export of American goods has proven negligible. And as with all government subsidies, the necessary condition of market distortion has taken its toll: While these federal loans have seen prices of U.S.-made goods drop for a handful of foreign buyers, it’s seen increases for domestic purchasers and with it, job losses. 19 Mar 2012 Obama's War On America's Domestic Aircraft Industry 8 Oct 2011
Don’t Let Ex-Im Bank's PR Campaign Fool You The fact is that the bank doles mega-loans out to huge companies that do not deserve or need subsidies. One of these corporations is the Boeing Company, which received almost 90% of all the Ex-Im’s loans in 2009. Columnist Howard Rich also noted that Boeing has “benefited from $8.4 billion in Ex-Im loans in 2009, $6.4 billion in 2010 and $11.4 billion in 2011 – gobbling up the overwhelming majority of the bank’s lending capacity.” 17 Jul 2012
Airline union efforts threatening jobs, consumers With the summer travel season heating up and ticket prices continuing to rise, the last thing the airline industry needs is internal politics threatening to disrupt operations. Yet that is exactly what is happening to American Airlines. The company, currently in Chapter 11 bankruptcy, is on the verge of imploding from within because of an attempted power grab by unions representing pilots, flight attendants and ground workers. 2 Jul 2012
Congress Should Reform or Eliminate the Ex-Im Bank, Not Give It More Money In spite of The Export-Import Bank's steep budget, its effect on the export of American goods has proven negligible. And as with all government subsidies, the necessary condition of market distortion has taken its toll: While these federal loans have seen prices of U.S.-made goods drop for a handful of foreign buyers, it’s seen increases for domestic purchasers and with it, job losses. 19 Mar 2012
IRS worker claims Tea Party scrutiny originated in Ohio office, according to transcript released by Dem18 Jun 2013, 3:00 PM PDT
Walter Reed plans to furlough thousands; soldier advocacy groups worry about care despite assurances18 Jun 2013, 1:34 PM PDT
'Unbridled Pork': Money for Brazilian cotton growers, sushi rice farmers tucked into massive farm bill18 Jun 2013, 12:44 PM PDT
IRS worker claims Tea Party scrutiny originated in Ohio office, according to transcript released by Dem18 Jun 2013, 3:00 PM PDT
Walter Reed plans to furlough thousands; soldier advocacy groups worry about care despite assurances18 Jun 2013, 1:34 PM PDT
'Unbridled Pork': Money for Brazilian cotton growers, sushi rice farmers tucked into massive farm bill18 Jun 2013, 12:44 PM PDT