FORMER TEXAS GOVERNOR MOVES TO THE RIGHT OF … MARK SANFORD?
|| By FITSNEWS || Former Texas governor Rick Perry – a notorious crony capitalist – has reversed course on one of the federal governments most insidious corporate handouts.
In a column published in The Wall Street Journal, Perry announced his opposition to reauthorizing the controversial U.S. Export-Import Bank (a.k.a. “Boeing’s Bank”). As recently as last June, Perry supported reauthorizing this slush fund – which doles out taxpayer-guaranteed low-interest loans to foreign companies looking to buy (mostly) Boeing jets.
Sound scandalous? It is … very scandalous.
Not only that, it’s a flagrant distortion of the free market … one which accrues almost exclusively to the benefit of Boeing brass.
Who does it hurt? U.S.-based airlines – and passengers who are forced to pay higher ticket prices because these airlines can no longer compete with their foreign competitors on price.
Perry’s conversion now means that every announced “Republican” presidential candidate is on the record opposing reauthorization of this slush fund – as are most major candidates contemplating bids.
“We already had Jeb Bush, Marco Rubio, Ted Cruz, Carly Fiorina, Scott Walker, Rand Paul, Bobby Jindal, and John Kasich on the record against the Export-Import Bank,” noted Tim Carney of The Washington Examiner. “The only 2016 presidential candidate on the record supporting the agency … was Rick Perry.”
Not anymore …
“The time has come to end the Export-Import Bank,” Perry wrote in his column. “We can’t let Ex-Im get in the way of reforms that would expand opportunity for all Americans.”
Good for Perry.
Unfortunately, not all “Republicans” flip-flopping on this issue are moving in the right direction …
U.S. Rep. Mark Sanford – who previously opposed reauthorizing the bank – flip-flopped last month and agreed to support it. Sanford even refused to reconsider his position after it was revealed that bureaucrats at the bank were facing a flood of criminal charges related to corruption and fraud in the doling out of its shady ”loans.”
Sad …
Contrary to perception, we have no real beef with Boeing. We want the company – like all U.S. companies – to be successful. And we want its South Carolina manufacturing facility to thrive.
All we ask is for the company to compete in the market without putting its hand in our pockets …
8 comments
Is it really true that sharks can smell blood in the water from a wounded fish?
That’s nothing, irrelevant politicians don’t even need to smell the blood. Instead, they try to swim in every direction at once and try to bite onto what few votes they can. Sadly this isn’t enough to keep them alive for long so they die out pretty quickly.
Those Airbus checks must now exceed the voucher scam checks.
The Morty Seinfeld glasses are working for RP.
Very Del Boca Vista, indeed.
Wasn’t he also in favor of instate tuition for illegals? Said it was “heartless” if you didn’t agree with him?
Quck, before Grand Tango comes and tells us all how Perry is going to win it all – everyone – hide!!!
Perry is just wasting time and money (both ours and his) on this campaign. He’ll never get elected president.
Rather than a serious pursuit towards higher office, what we get is a mash up of people who want their 15 minutes and then when it’s over get a job on Fox or write a book.