The US Export-Import Bank is set to expire on June 30th. As expected, Barack Obama wants Congress to re-authorize this taxpayer-funded bank which operates as a slush fund for corrupt politicians.
It has even been shown that the so-called ExIm Bank (which is actually a federal agency, not a bank) was used by Obama to send at least $500 million to ISIS fighters in Syria last September!
Now we have an opportunity to abolish this FDR-era "bank" that is frequently used by multi-national corporations to bribe politicians with taxpayer-funded campaign contributions.
Send your FaxGrams to the House Budget Committee today and tell them to let the ExIm Bank expire on June 30th!
Here is how the ExIm Bank is used as a slush fund by Obama and other corrupt politicians.
The ExIm Bank loans extra money to giant multinational mega-corporations that do not need the money. This money is 100% insured by YOU.
Therefore if a Russian or Chinese multinational were to default on an ExIm loan the American taxpayers pay back the bank.
In return these multinational corporations make campaign contributions to Obama and Members of Congress to buy influence. This corporate welfare system is the highest form of corruption in America and YOU are paying for it!
The ExIm Bank was supposed to expire last September but House Speaker John Boehner and Senator John McCain (R-AZ) threw a fit and stated that they would not be able to fund Syrian "rebels" if the bank was not reauthorized.
That reauthorization bill included a $500 million payment that Obama made to the Syrian "rebels" -- who turned out to be members of the terror group ISIS!
Stop Obama's slush fund for terrorists! Tell Congress to let the ExIm Bank expire on June 30th!
We are opposed to the reauthorization of the ExIm Bank because bribery of officials in authority is repulsive to God as shown in Exodus 23:8, "And you shall take no bribe: for a bribe blinds the wise, and perverts the words of the righteous."
Crony capitalism is about the most generous term we can think of to describe the ExIm Bank. This federal agency gives your tax dollars to multinational corporations that turn around and give bribes (campaign contributions) right back to the politicians who keep reauthorizing ExIm!
Christian Representative Jim Jordan of Ohio is considered THE most conservative Member of the House and he is leading the fight to let the corrupt ExIm Bank expire. We will be supporting Mr. Jordan's future reelection efforts and we hope you will too!
Send your Faxgrams to Congress TODAY and tell them to let the ExIm Bank expire at the end of this month!
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City, State Zip
100 Cannon House Office Building
Washington, D.C. 20515
Dear Chairman Price:
The US Export-Import Bank is nothing more than a slush fund for terrorist organizations and corrupt politicians. It is time to let this FDR-era federal agency expire.
The so-called ExIm Bank loans my tax dollars to multi-national corporations. Fortunately there is no risk to the "bank" for this loan because the loans are likewise insured by more of my tax dollars! Then the multi-national corporations turn around make campaign contributions (bribes) to the very politicians who keep voting to reauthorize the ExIm slush fund. This is quite a scam if you are on the inside of it but for the taxpayers I fail to see the benefit after all these years.
Just a few months ago in 2014 several elected officials were hyperventilating when the ExIm Bank was about to expire. We were told that if the ExIm Bank expired then Obama would not be able to arm and train Syrian "rebels" who were working to overthrow our ally in Syria, Bashar al-Assad. Somehow the sky was going to fall if al-Assad remained in power and did not allow the terrorist group ISIS to take over another country. Not to worry, Congress reauthorized the ExIm Bank and Obama sent $500 million to the Syrian rebels who turned out to actually be ISIS. Way to go!
Only a fool or a corrupt career politician would fall for that one again. The ExIm Bank has outlived its usefulness and is now functioning as a revolving door to funnel my tax dollars to companies and terror groups that I do not want to financially support. This corporate welfare, crony capitalism and corruption at its worst.
I demand that you let the ExIm Bank expire when its current term ends on June 30th! You do not have my permission to continue to allow this federal agency to throw my tax dollars away! Let ExIm expire!
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