Classic Dem Hypocrisy

[hortysir]

The U.S. Export-Import Bank, an independent agency of the federal government, is now planning a $2.84-billion loan for a massive project to expand and upgrade an oil refinery--in Cartagena, Colombia. The money would go to Reficar, a wholly owned subsidiary of Ecopetrol, the Colombian national oil company.
“This is part of a$5.18 billion refinery and upgrade project in Cartagena, Colombia supplying petroleum products to the domestic and export markets,” the Export-Import Bank said

U.S. Gov't Agency Plans $2.84 Billion Loan for Oil Refinery

They really don't think we're paying attention.
They think we're stupid.
or
They just plain out don't see the hypocrisy.

Which is it libtards?

 

[hortysir]

(videos have been tripping me up lately, sorry)

 

[Seawytch]

The export Import Bank is an independent agency not under executive control and an agency that is self sustaining and turns a profit (revenue for the government).

“The transaction will help create or sustain over 15,000 American jobs for a total of four years,” says the bank’s statement about the loan.

 

[hortysir]

The export Import Bank is an independent agency not under executive control and an agency that is self sustaining and turns a profit (revenue for the government).

“The transaction will help create or sustain over 15,000 American jobs for a total of four years,” says the bank’s statement about the loan.

So do they or do they not answer to congress???

In its ordinary procedure for financing projects of this magnitude, the board of the Export-Import Bank votes its preliminary approval, notifies Congress of that preliminary approval, then waits five weeks before voting final approval of the deal. This allows members of Congress to comment on the planned financing project.
“The Reficar transaction is subject to congressional notification, with a final vote anticipated approximately 35 days following the expiration of the notification period,” says the bank’s press release on the loan.
When asked if Congress can veto the loan, Ex-Im Spokesman Cogan said, “No.”

Whose money is it, then? The bank's or the gov't?