So one of the stranger things that have happened recently is an outburst of fairly random conservative opposition to the renewal of the charter of the Export-Import Bank. Well, not so random, points out the
Washington Post:
The curiosity of this is that well, there's no real reason for not renewing the Bank's charter. The Exim Bank accounted for
1.2 million jobs over the past few years, so we're talking wanton job destruction here. As if the faux-populism over "crony capitalism" from the right was not blood pressure-raising enough, the real source of this "controversy" are the airlines, who have felt the financing the Exim Bank provides for Boeing's (by far the Bank's largest client) customers provides an unfair advantage to foreign competitors. Which should give any thinking person a stroke, because the utterly terrible, poor-quality, over-priced, over-unionised airlines don't need any kind of protection whatsoever. The fact a lot of this outrage stems from their desire to impose their horrendousness even further on Americans to drive us all mad.
