Obama on the ExIm Bank

“The Export-Import Bank that’s become little more than a fund for corporate welfare.”

Barack Obama  2008

 

“That’s why it’s so important for Congress to reauthorize the Export-Import Bank.  This Bank is led by — this Bank is led by Fred Hochberg, who is right here.  He’s out there working with Jay all the time, selling on behalf of Boeing.  And the Export-Import Bank helps companies like this one sell its products.  It also helps thousands of small businesses.”

Barack Obama  February 17, 2012

 

“So last November, when I was in Indonesia, Boeing announced a deal – with the help of the Export-Import Bank – to sell more than 200 planes to one of the fastest growing airlines in the world. Boeing is one of the largest exporters in the world. This is one of the biggest deals Boeing had ever done.”

Barack Obama   February 17, 2012