Terminate The Ex-Im Bank’s Charter

    Last week, Senator Mike Lee and Representative Justin Amash proposed legislation that would repeal the Export-Import Bank in its entirety. As Senator Lee stated, “The Ex-Im Bank has outlived its usefulness … It’s time to end the Bank’s market distortion and political cronyism.” This is a smart observation from the Utah Senator – one that many of his colleagues and predecessors have pointed out as | Read More »

    The Hypocrisy Of The Export Import Bank

    The Hypocrisy Of The Export Import Bank

    Fred Hochberg, chairman and president of the Export-Import Bank, would like you to think that his organization provides assistance to a broad range of American companies for the good of our nation’s economy.  In reality, the Export-Import Bank directly finances foreign companies at the expense of domestic U.S. industries. It is an organization that harms the United States’ ability to compete in foreign markets and | Read More »

    Detox: Creating a business environment where companies can grow

    While Obama’s creative rhetoric promised economic recovery and job creation, the President has neglected the Jobs Council, wasted $1 trillion on a failed stimulus, awarded foreign countries job-creating military contracts and “invested” in renewable energy that created jobs overseas.  The results? This morning, the U.S. Department of Labor announced just 163,000 jobs were created in the U.S. this July, pushing the unemployment rate to 8.3 | Read More »