The Export-Import Bank

[bobabode]

Why care if this FDR creation dies? It's only American jobs and small businesses being lost and it makes the big banks stronger if they fold up their tent over at the Ex-Im.

This shaping up to be a serious bone of contention between the uber libertarian nihilistic Tea Party wing and the Chamberpot of Commerce wing of the 'publican party as it comes up this summer for re-authorization, it expires in September. If they duke it out, as it looks like they will (if the raging right stays true to form) it'll be a nice gift to the Dems heading into midterms.

http://www.washingtonpost.com/blogs/...tates/?hpid=z2

http://en.wikipedia.org/wiki/Export-..._United_States