Huge Highway Bill Includes Safety, Trucking, Rail, Ex-Im Bank Provisions

December 3, 2015

  • December 3, 2015 at 2:15 pm
    Dave says:
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    Corporate welfare survives in the form of the Ex-Im Bank. And I say this as a shareholder of Boeing who benefits more than anybody from this bank.

  • December 3, 2015 at 5:40 pm
    Credit Insurance specialist says:
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    So what is so wrong with “corporate welfare?” The government helps business win sales, resulting in employment and taxes, and Exim is profitable and has been so for years. Is this not the function of government? Sure beats paying farmers not to grow corn, or defense contractors to make weapons that the military doesn’t want, or subsidizing flood insurance so folks can build seaside mansions.

    We represent about 60 Exim policyholders, nearly all small businesses. We have been trying to market their policies to the private sector, with minimal success. Insureds whose policies have lapsed are simply not giving credit terms to their customers, which means they are losing some sales. This results in job losses and lower tax revenue. The private sector is just not an option for these companies.

    • December 3, 2015 at 10:54 pm
      Dave says:
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      Private enterprise, survival of the fittest. I suppose you supported the bank bailouts too. Not a big fan of Socialism or Communism myself.



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