Will Republicans Vote to Raise the Debt Limit for the Fannie Mae of Corporate Welfare?
“Click here to call your Congressman and make your voice heard. Tell him to let the Export-Import Bank charter expire.” The Export-Import Bank is a federal agency whose sole reason for existence is to use your tax dollars to subsidize sales of American manufactured goods to foreign buyers. It is nothing short of corporate welfare, and its business model (providing loans and loan guarantees at | Read More »
Turns Out Grover Norquist Lobbied For Fannie Mae and Freddie Mac
While heading Americans for Tax Reform, Grover Norquist founded the lobbying firm of Janus-Meritt Strategies with David Safavian, the former Chief of Staff of the General Services Administration (GSA) who was convicted of lying to prosecutors during the Abramoff scandal and sentenced to prison. Safavian’s conviction was recently upheld. One of the more interesting clients for Mr. Norquist was Fannie Mae. In 2000, Janus Merit | Read More »