15 Apr 2016 Ex-Im Bank, Scorned as Wasteful, Spends $75,000 to Lease a Car
Looks like the leadership of the Import-Export Bank is exceedingly sensitive to the fact that little more than a quarter of the public wanted the U.S. Import-Export Bank to be reauthorized.
Yes, I’m being sarcastic.
If I ran Boeing, General Electric, Exxon Mobil, Caterpillar or any of the other firms benefiting from Ex-Im bank loans for foreign businesses and governments,* I’d tell the Ex-Im Bank leadership not to do things like spend $75,000 in taxpayers’ money leasing a luxury vehicle.
Because, you know, Ex-Im Bank backers’ rhetoric about how they wanted the bank reauthorized just to help the little guy might seem a bit more sincere if they don’t screw the same little guys by using their tax dollars on fancy cars.