Export-Import Bank: Let it Die!

Watch House Financial Services Committee Chairman Hensarling deliver the opening statement on whether or not the Export-Import Bank is necessary.

insidejbs

Export-Import Bank: Let it Die!
by JBS President John F. McManus

Congressman Jeb Hensarling (R-Texas) is leading the campaign to let the Export-Import Bank expire. If Congress doesn’t formally reauthorize its existence by June 30, it will no longer be providing loans to foreign firms and governments who buy products from Boeing, General Electric, John Deere, and numerous other establishment-favored U.S. firms. Hensarling chairs the House Financial Services Committee where he has become a determined foe of the Bank.


Watch House Financial Services Committee Chairman Hensarling deliver the opening statement on whether or not the Export-Import Bank is necessary.

The Ex-Im Bank began courtesy of an executive order signed by President Roosevelt in 1934. (Unconstitutionally making law with the stroke of a pen isn’t something new!) Originally, its chief beneficiary was the murderous cabal running the Soviet Union. During the emergence of Communist China as an economic powerhouse in the 1980s…

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Ten Atrocities that would not exist without Usury

Working towards a Global Government, A grandiose Despotism that will finally externalize the Usurer’s Hierarchy.

Real Currencies

30 million people starve per year, poor countries pay up to ten times more interest on their foreign debts than they receive in development aid. 30 million people starve per year, poor countries pay up to ten times more interest on their foreign debts than they receive in development aid.

Poverty amid plenty. Mainly a result of money scarcity through Usury Poverty amid plenty. Mainly a result of money scarcity through Usury

We have relegated our children to indentured servitude. Without a second thought. We have relegated our children to indentured servitude. Without a second thought.

All the Usury ultimately ends up with people already owning Trillions. It feeds their avarice, burning away their souls. All the Usury ultimately ends up with people already owning Trillions. It feeds their avarice, burning away their souls.

They are poisoning our food because there are too many of us. We are buying it, because we need to cut cost to pay off the Usurer. Transnationals would not exist if the many had exist to interest-free capital. They are poisoning our food because there are too many of us. We are buying it, because we need to cut cost to pay off the Usurer. Transnationals would not exist if the many had exist to interest-free capital.

More and more needs to be monetized to pay off ever higher cost for capital. We are rapaciously plundering Mother Nature, destroying our own habitat. More and more needs to be monetized to pay off ever higher cost for capital. We are rapaciously plundering Mother Nature, destroying our own habitat.

While we are working harder and harder to pay off the interest on our escalating debts (calling it 'independence' and 'self-realization'), we are deserting those that need care, our elders and children. While we are working harder and harder to pay off the interest on our escalating debts (calling it ‘independence’…

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