Saturday, February 18, 2012

Obama Perverts Ex-Im Bank into Competitor for Domestic Banks

"This administration is making a habit of directing government agencies to change their very jobs without congressional authority. The military isn't there to fight wars, but perhaps to help with disaster assistance. The Department of Education is to issue guidelines on children's diets. NASA is to stop flying into outer space, and instead is to propagandize about the scientific contributions of Islam through the ages. The Department of Energy is to thwart energy independence by denying permits that would produce domestic energy.

And now the Export-Import Bank is to loan money to domestic customers engaging in domestic transactions.

This administration is abusing government, by using agencies for purposes other than their constitutional or statutory functions. This government by executive fiat grows ever more random, ever more disconnected from the reality of the legislation that chartered these departments and agencies as they wander ever farther afield." [American Thinker]

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