The Other McCain

"One should either write ruthlessly what one believes to be the truth, or else shut up." — Arthur Koestler

Silly AFP, Thinking BHO Will Hold To Any Prior View

Posted on | May 10, 2012 | 4 Comments

by Smitty

Watch this ad:

Here is the WaPoo with some background:

The House voted Wednesday to reauthorize the Export-Import Bank for another three years, permitting the agency to continue providing hundreds of millions of dollars in trade assistance to U.S. firms.
Lawmakers approved the plan 330 to 93, easily surpassing the two-thirds majority needed to pass the measure under a suspension of the normal House rules. All 183 Democrats voted for the bill, along with 147 Republicans, but 93 GOP lawmakers voted against it.
Signaling how quickly Congress hopes to resolve a weeks-long dispute on the agency, Senate Majority Leader Harry M. Reid (D-Nev.) has said that the Senate likely will move quickly to approve the measure.
The agency’s charter expires this month, and the bank is on the verge of hitting a $100 billion borrowing limit. The proposal approved Wednesday would raise the bank’s borrowing limit to $140 billion over the next three years. The limit would jump to $120 billion immediately, and then by $10 billion the next two years, so long as the bank’s default rates stay below 2 percent. As part of the deal, the Treasury Department will have to submit regular reports on the status of negotiations with other countries to cut or reduce import and export subsidies.

Because nothing says ‘reform’ quite like business as usual.

In this Breitbart audio excerpt from “Dream From My Father”, #OccupyResoluteDesk admits both to #Occupying a corner of the playground, and bullying a girl. No word on whether Coretta grew up to be a feminist or not.

Category: Barack Obama, Economics

Comments

4 Responses to “Silly AFP, Thinking BHO Will Hold To Any Prior View”

  1. M. Thompson
    May 10th, 2012 @ 8:24 pm

    My 2008 question:  How can a Chicago Democrat be the standard bearer of Reform, when his local party is synonymous with  graft and ballot box stuffing?

  2. Charles
    May 10th, 2012 @ 10:03 pm

    The real question, did she grow up to be a lesbian? Because bullying and then shunning a fat black gay girl, that would be a story.

  3. Adjoran
    May 11th, 2012 @ 12:35 am

    Disappointing news.  I was robo-call surveyed on this issue a couple of weeks ago and of course voted NOT to reauthorize it.  This program gave McDonald’s millions of dollars to help develop advertising for the Russian market back a couple decades!  Come on!

    If there is one thing McDonald’s does well and needs NO help with, it’s advertising.  They do it so successfully they sell tons of their crappy food and have people waiting in lines for it.

    I believe the I-EB was conceived to help small businesses learn the ropes of importing and exporting, but quickly devolved into pure corporate welfare.  No reason for it, and we cannot afford it.

  4. Republican Crony Capitalism is Just as Bad as Democrat Crony Capitalism | The Lonely Conservative
    May 11th, 2012 @ 11:10 am

    […] the whole thing.Crony capitalism lives. Thanks, Obama. Thanks, Republicans.Via Hit and Run and The Other McCaingoogle_ad_client = "ca-pub-1395656889568144"; /* 300×250, created 8/11/08 */ google_ad_slot = […]