Andrew Cuomo Wants NY to Have Its Own Export-Import Bank

As Congress seems about to end the Export-Import Bank, Governor Cuomo wants NY Taxpayers to Fund Corporate Welfare. In one of the rare triumphs of reason over corruption in the Federal government, it looks as if a government office of crony corruption might finally be put down. Left and Right agree that the Export-Import Bank needs to end. But a group of politicos are horrified by the end of the taxpayer-finance corporate welfare. One of them is Governor Andrew Cuomo of New York. According Read more […]

Elizabeth Warren Comes Out in Favor of Wall Street Loot

The U.S. government’s Export-Import bank is being condemned both by liberals and by conservatives right now. You would think with liberal critics like Ralph Nader and others, Elizabeth Warren would be leading the charge. But no. Far from condemning the mechanism for giving public subsidies to businesses, Elizabeth Warren says it is a great idea. Bloomberg reports: The Tea Party-aligned group sent a letter today to Sen. Elizabeth Warren, a Massachusetts Democrat known for taking populist stands Read more […]

The Corporate Welfare Export-Import Bank is Opposed by Everyone But the Politicians and the Cronies

Candidate Barack Obama, according to Patrick Brennan at the National Review, Corner blog, “decried the bank on the 2008 campaign trail as wasteful and ‘little more than a fund for corporate welfare.’” He was referring to the “Ex-Im Bank.” Now, Ralph Nader is calling for the end of that bank. So is Larry Kudlow of CNBC, extolling the Tea Party for attacking the Export-Import Bank. John Stossel of Fox Business spoke at George Mason University with economist John Boudreaux. Stossel Read more […]