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qfingers - Obama to ban bullets by executive action, threatens top-selling AR-15 rifle - Quincy, IL News - Quin
Let's see -- states band lead bullets....manufactures use other materials...feds ban those bullets as they aren't made of lead. Basically kills the market for handguns that are rifle calibers...223....5.56mm... The Fed logic is if the ammo can be used in a handgun then ban it....purportedly for officer safety...not that we have any officers being killed by armor piercing rounds. Of course...next…
Sv3 - Obama to ban bullets by executive action, threatens top-selling AR-15 rifle - Quincy, IL News - Quin
No free man shall ever be debarred the use of arms. The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government" -- Thomas Jefferson, 1 Thomas Jefferson Papers, 334
pjohnf - Quinn advocates consumer rights, blasts Rauner\'s budget - Quincy, IL News - QuincyJournal.com
Quinn complains about the Rauner budget after he and his liberal cohorts ran Illinois into the ground spending money we don't have and giving away the farm to public unions. You had your chance Quinn and with a democrat legislature behind you. Between Madigan, Cullerton and Quinn we may never get out of the fiscal hole the democrats created.
pjohnf - Jay Nixon names longtime aide to temporarily replace Tom Schweich as Missouri Auditor - Quincy, IL N
And this guy is qualified to be Missouri auditor because? The good old boys club is alive and well in Nixon's administration. All you have to be is a friend of Jay's and you're qualified to be an auditor.
Righty1 - Obama to ban bullets by executive action, threatens top-selling AR-15 rifle - Quincy, IL News - Quin
If you don't think this muslim supporter isn't from another country you had better think again! It's 1939 all over again. Don't sit and wait for the next guy to do something, get involved now!

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U.S. small businesses lobby for survival of embattled Ex-Im Bank

8 months ago by Bryan Nichols

Rep. Adam Kinzinger says he's worried about "libertarian theology"

If the battle over the U.S. Export-Import Bank is Washington's latest political tempest, then Don Nelson from Bakersfield, California is aiming at the eye of the storm.

Nelson's small oilfield equipment company is part of new House Majority Leader Kevin McCarthy's district, and he wants the suddenly powerful politician to know that the Republican right's war on what it sees as "crony capitalism" at the export credit agency could claim hometown casualties.

"It would be a disaster for our company," if the Ex-Im Bank is shuttered as McCarthy and a faction of House Republicans hope, said Nelson, president of ProGauge Technologies, Inc., who said he voted for McCarthy.

With two-thirds of his business and perhaps half of his company's 100 jobs dependent on deals Ex-Im helps finance, "I need to meet with Kevin McCarthy and let him know, this is not a good thing for America."

The 80-year-old bank provides about $37 billion a year in direct loans to foreign buyers of U.S. products, credit guarantees to American companies and credit insurance to aid exports. Critics, including the House Tea Party caucus, say it unduly benefits insiders who know how the system works.

Ex-Im's fate may hinge on the success Nelson and other small entrepreneurs have in convincing their lawmakers that the agency isn't just a sink where tax money disappears into global companies like Boeing, Corp. It aids the very small businesses that Republican critics say are being put at a competitive disadvantage by the program.

The bank has had mixed success on that front. It has missed its own internal targets for small business lending and much of its activity does support mega-companies like Boeing Co and Caterpillar Inc that would arguably fare just fine on their own.

But the bank reaches further than just financing airplanes and mining trucks, and hundreds of businesses and groups from across the country have been mobilized in what is probably Ex-Im's best chance of survival.

Steered by Washington's corporate and lobbying elite, the campaign has reached far into the countryside.

The 90,000 folks in Idaho's rural Bannock County aren't big exporters -- yet. But Pocatello-Chubbuck Chamber of Commerce President Matt Hunter said they are trying to lure firms to set up operations in the county that would likely want access to the export financing that Ex-Im Bank provides.

"I have already sent the emails," to Idaho's all-Republican congressional delegation, Hunter said.

 

"MADE IN THE USA"

As Washington agencies go, the Ex-Im Bank is small potatoes.

The most unfavorable interpretation of its finances is that it costs taxpayers a net of around $200 million a year, and its deals cover only 2 percent of U.S. exports. It does charge for its services -- helping overseas buyers acquire U.S. exports or aiding companies like Nelson's post collateral for deals -- and by its own accounting turns a profit.

While much of the lobbying is being led by movers and shakers at the U.S. Chamber of Commerce, the Aerospace Industries Association, the Financial Services Roundtable, the Nuclear Energy Institute, and a host of other major industrial groups others are also pushing back hard.

There are divisions within the Republican party over whether to allow the bank to live on. The U.S. Congress is debating whether to reauthorize it, and some congressional leaders like McCarthy want to let the authorization expire this fall.

Republican Representative Adam Kinzinger from northern Illinois said he worried about "a libertarian theology that's really starting to creep in." If the bank disappears, he said, it could damage U.S. competitiveness as well as small businesses in his district.

"We're for limited government, we're not for no government."


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