May 9, 2012, Fairfax, VA—Americans for Limited Government President Bill Wilson issued the following statement blasting the House of Representatives' passage of the $140 billion re-authorization for the Export Import Bank of the United States:
"The House had an opportunity to show that corporate welfare in any form is unacceptable, and yet again blew it by not only reauthorizing the Ex-Im Bank, but by adding $40 billion to its lending capacity. Every member who voted yes now must explain to their constituents why they support a bank that gave millions to bankrupt Solyndra. Why they support a bank that gives foreign companies an edge over U.S. companies in the global economy. And why they support a bank that has wasted billions manipulating markets rather than allowing market forces to determine demand."
"No place for Republican crony capitalism," By Rick Manning, Director of Communications, Americans for Limited Government, May 8, 2012 at http://netrightdaily.com/2012/05/no-place-for-republican-crony-capitalism/
"Axe the Ex-Im Bank," By Howard Rich, Chairman, Americans for Limited Government, March 21, 2012 at http://netrightdaily.com/2012/03/axe-the-ex-im-bank/
"Big Government is Making Boeing a Bad Actor," By Howard Rich, Chairman, Americans for Limited Government, April 9, 2012 at http://netrightdaily.com/2012/04/big-government-is-making-boeing-a-bad-actor/
Americans for Limited Government is a non-partisan, nationwide network committed to advancing free market reforms, private property rights and core American liberties. For more information on ALG please call us at 703-383-0880 or visit our website at www.GetLiberty.org.