The Export-Import Bank transformed the role of Government from a disinterested referee in the economy into a biased actor that uses your taxpayer dollars to tilt the scales in favor of its friends.
Scott Garrett: “The Export-Import Bank transformed the role of Government from a disinterested referee in the economy into a biased…”
Editor's note · Context
Garrett argues the Export-Import Bank favors certain corporations over others, undermining fair competition.
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Ex-Im has transformed the role of Government from a disinterested referee that guarantees a free and open marketplace into a biased actor that tilts the scales in favor of its friends and businesses.
something we can agree on is that the Fair Housing Act makes it unlawful to refuse to sell or rent a dwelling to any person because of race, color, religion, sex, or national origin.
Designating more private companies as too-big-to-fail and turning their regulation over to the Federal Reserve and its ever-growing safety net, if you will, is not going to solve the problems of taxpayer exposure to the financial system.
I agree with the testimony of Professor Coffee that this committee seems to be rushing from the first Jobs Act to kind of a 'Jobs Act II,' without fully understanding the consequences of the first law.





