DCPolitics

Joe Wilson Votes To Revive Crony Capitalist Slush Fund

LIBERAL “REPUBLICAN” AT IT AGAIN …  Last time we checked in with U.S. Rep. Joe Wilson he was doing a little taxpayer-funded vacationing … err, “fact-finding” … in Hawaii. Must be nice … Anyway, Wilson is back in Washington, D.C.  How do we know?  Because this week was the only…

LIBERAL “REPUBLICAN” AT IT AGAIN … 

Last time we checked in with U.S. Rep. Joe Wilson he was doing a little taxpayer-funded vacationing … err, “fact-finding” … in Hawaii.

Must be nice …

Anyway, Wilson is back in Washington, D.C.  How do we know?  Because this week was the only “Republican” member of the “conservative” South Carolina congressional delegation voting to consider reviving the crony capitalist U.S. Export-Import bank.

The rest of the Palmetto State’s GOP delegation – including notorious Ex-Im flip-flopper Mark Sanford – voted against the measure (although we’re sure Sanford got permission from his corporate masters first).

For those of you not hip to this debate (or in need of a refresher), the Ex-Im bank is an ethically challenged, market-distorting slush fund that doles out low interest loans to foreign entities – which turn around and make purchases from select American companies.  That arrangement works out very well for executives at Boeing and General Electric – the fund’s top two beneficiaries – but very poorly for other U.S. companies.

It’s also a bad deal for American consumers, who are basically subsidizing higher consumer prices …

Earlier this year, the U.S. House of Representatives allowed the fund’s authorization to lapse … but now 62 “Republicans” (including Wilson) have voted (with 184 Democrats) to revive the issue.

Sad …

Someone remind us: Why did voters put the GOP in charge again? 

Because this is more bought and paid for government “of, by and for the special interests.”

Wilson represents one of the most “conservative” congressional districts in America.  When is someone going to step up and challenge him?

***

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18 comments

9" October 27, 2015 at 11:59 am

What’s wrong with that ?

Reply
Rocky Verdad October 27, 2015 at 12:07 pm

His phone conversation with that smile is going something like this – “Yeah, those people down there, rubes. Complete hayseeds. Took the wife and some friends to Hawaii, totally free of charge, thanks to Uncle Sam. Told the local rubes it was a fact findin’ tour and a visit to honor those who died at Pearl Harbor. Hee, hee, hey, they fell for again. Again!!!! God they’re so dumb, I love em’, I really do. Hell, we didn’t even go to Pearl Harbor. Yeah, Peaches got her one of them nice one-piece bathing suits and a nice trip to, what’s its called, Victoria Secrets. And we had dinner at that Benny Hanahana, or whatever it’s called, there in Wie-Kee-Key. Great fun……Oh sure, I’ll vote for that, would love to. Dinner tonight? Three Forks, sure. But you’re payin’ you Boeing bastard. Ok, yeah, say Hi to the wife, see you at 8.”

Reply
shifty henry October 27, 2015 at 1:17 pm

Rocky, the last few days seem that you’ve transferred to a different bus. What’s happened to your happy-go-lucky style? Are you on a bender? Has Mrs. Rocky not returned from visiting her Mom?

Reply
Rocky Verdad October 27, 2015 at 1:32 pm

No, been swamped with work. Wifey’s back home with her Mom – which surely means I’m headed on a diet. That won’t help much either – as far as morale is concerned. Looks like it’s cabbage soup for me for a few months.

Reply
shifty henry October 27, 2015 at 1:48 pm

Hey there, Rocky, I was only joking about Mrs. Rocky! I swear that she never told me..!! Hang in there, though……

Reply
Rocky Verdad October 27, 2015 at 2:01 pm

She had to go down to Orlando to pick her up – easiest flights. Was afraid she’d run into Flip.

shifty henry October 27, 2015 at 2:27 pm

I’m still trying to remember the guy’s name, and where we met, whose name was similar to “Flip” – it was a Hispanic name, and sort of a tongue-twister to pronounce ( something like ‘Filintino’ ?) — not important but it’s buggin’ me…..

Rocky Verdad October 27, 2015 at 2:43 pm

OK, I’m smilin’ now.

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Reply
CNSYD October 27, 2015 at 12:27 pm

Still waiting for Folks to identify the US competitor to Boeing. So far crickets.

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exhausted in Columbia October 27, 2015 at 12:45 pm

Wilson made a laughing stock out of himself @ one of the last flood politician news conferences. Spoke “political speak” – truly Shameful how he’s become “Repub Washingtonized”. Could not say a humble sentence if his life depended on it …

Reply
shifty henry October 27, 2015 at 1:13 pm

interesting…..

Reply
Lex. Co Voter October 27, 2015 at 1:27 pm

Joe needs to GO!!
Too close to Frazier and the Lex illegal Gambling Ring.
Besides the fact, he is a dumb ass.

Reply
ThreePalms October 27, 2015 at 2:03 pm

Joe Wilson is a complete waste of a congressman. That is NO LIE!
However, FITS is sadly mistaken about the Export-Import Bank. It does not matter now, anyway. Boehner is shoving that, and everything else, through today so all the rest of the worthless republicans can have their public tantrums about how it is such a bad process.
The Republicans control both houses of the congress, yet they still can’t take care of the country’s business. What a laughing stock that party has sunk to.

Reply
Superfly October 27, 2015 at 4:21 pm

GE is a global company, that competes for projects and manufactures expensive components for infrastructure all across the world. Many of the entities that purchase what GE manufactures require the participation of a government sponsored Ex-Im Bank, and so by sucking up to the Koch brothers, you’re costing Americans jobs. Without the bank, GE will have to move production out of the US to foreign countries where they also do business. This as an example of corporate welfare is much ado about nothing. Killing it off serves as merely a rhetorical carcass to stuff, hang on the wall, for the Freedom Caucus to dance around the room in a circle jerk beating their chest claiming a body in their ideological war against common sense. It returns money to the Treasury!

Reply
Superfascist October 27, 2015 at 8:53 pm

I think it’s common sense to not tax everyone to preserve a few jobs for a very few number of corporations to be able to get loan guarantees. The money returned to the Treasury is done so under non-GAAP accounting.

That fallacy has been debunked by both Forbes & Cato.

Reply
Superfly October 28, 2015 at 9:31 am

The tax savings to eliminate the Ex-Im Bank are far less than what is gained by utilization of the Ex-Im Bank. Try as you might to build a fortress around America, it is impossible, the economy is global. To compete on projects outside of the U.S., companies are often required to utilize an Ex-Im Bank for those that purchase the products manufactured by the likes of GE, and others. As if Forbes & Cato are…

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Lone Ranger October 27, 2015 at 5:29 pm

As arrogant I-Lie-To-Conservatives-Joe Wilson ripped down
the flag without YOUR vote

He ALSO stuck himself up Dimwit Boehner and RINO Ryan—making
YOU the goat

Then he gave Obama—most corrupt prez in history—fast-track—now
we’ve Joe to thank

For crossing the aisle like FELLOW Dimwit Grahamnesty to
revive the thug Ex Im Bank

So hey…RINO Joe—hope you enjoyed that Hawaii vacation WE
paid for without a vote

Because that Tea Train IS rolling into 2016 when Floyd
Spence voters make YOU the goat !!!

Reply

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