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Owain #142623 12/26/17 02:57 PM
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Originally Posted by Owain
Based upon... hurf dur dur.


So it is perfectly OK for you to freely throw insults, but when some come back around you clutch your pearls?

I'd ask if you had any self-respect left if I didn't already knew the answer.


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Sini #142630 12/26/17 06:30 PM
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The charter of the EX IM Bank specifies that they can only offer loans that do not interfere with public markets. They make loans that other lenders cannot make, or do not want to make.

For example, Citibank may not have the means to offer loans for billions of dollars to a single client. Or they not want to be involved in weapons acquisition, as it would cause them to lose customers in other markets.

The government still needs companies to provide weapons acquisition, which is why the Ex Im Bank was created with bipartisan support. It isn't a liberal/conservative issue. Companies found that they were unable to get necessary financing, so the government stepped in to provide financing that the private sector was unwilling or unable to provide.

Last edited by Owain; 12/26/17 06:30 PM.

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Sini #142651 12/30/17 07:12 AM
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I am sure there were many good intentions for EX IM Bank, but do you think private businesses should have this kind of government support? That is, should ACME INC have access to Uncle Sam's unlimited credit card?


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Sini #142652 12/30/17 09:06 AM
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Under the limitations imposed by the charter of the Ex Im Bank as authorized by the bipartisan legislation authorizing its operation, sure. It serves the function I describe, which is both necessary and useful. If you object, contact your elected representatives and let them know if your displeasure.


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Owain #142653 12/30/17 09:17 AM
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Originally Posted by Owain
It serves the function I describe, which is both necessary and useful.


So you think Ex Im Bank is "both necessary and useful".

This view is inconsistent with your cheering for Trump's attempted deregulation. Your position was that laws that result in regulations are bad because they interfere with commerce. Now you are saying that laws that take shape as direct monetary interference with commerce, as with Ex Im Bank and Boeing subsidies, are good.

So please explain to me, why regulations are bad and subsidies and taxpayers underwriting loans are good? How are these different?


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Sini #142654 12/30/17 09:26 AM
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Originally Posted by Sini
Lets start with naming some of your conservative values. You do have values, don't you?


I am still waiting for your answer.

From your recent posts in this thread we know that you support Trump without reservations, you support deregulation of any kind, you support subsidies, underwriting loans, and cutting taxes on multinational corporations.

How do you map these positions to conservative values ?


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Sini #142655 12/30/17 10:06 AM
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Originally Posted by Sini
Originally Posted by Owain
It serves the function I describe, which is both necessary and useful.

So you think Ex Im Bank is "both necessary and useful".

This view is inconsistent with your cheering for Trump's attempted deregulation.

No, it isn't. I never say that all regulation is bad, but even so, this is not a regulatory act.

Quote
Your position was that laws that result in regulations are bad because they interfere with commerce. Now you are saying that laws that take shape as direct monetary interference with commerce, as with Ex Im Bank and Boeing subsidies, are good.

As stated previously, the charter of the Ex Im Bank states that loans are made on a non interference basis when the private sector is unable or unwilling to provide financing.
Quote
So please explain to me, why regulations are bad and subsidies and taxpayers underwriting loans are good? How are these different?

Not all regulations are bad, but the operations of the Ex Im Bank are not regulatory in nature. Your basic premise is flawed.


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Sini #142656 12/30/17 11:01 AM
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Originally Posted by Sini
Originally Posted by Sini
Lets start with naming some of your conservative values. You do have values, don't you?


I am still waiting for your answer.

From your recent posts in this thread we know that you support Trump without reservations, you support deregulation of any kind, you support subsidies, underwriting loans, and cutting taxes on multinational corporations.

You make several statements contrary to fact.

I do not support Trump without Reservation.

I do not support deregulation of any kind.

Loans from the Ex Im bank are not subsidies, but they are financing offered on a non interference basis when the private sector is unable or unwilling to offer loans to companies like Boeing who are doing work that supports United States national policies, such as national defense and necessary weapons acquisition.

I do support cutting taxes, not only for corporations, but also for individuals for money that they have earned. It is their money. It is not the government's money.

Quote
How do you map these positions to conservative values ?

I support the deregulation undertaken by Trump in cases where regulation has overstepped the bounds of the legislation that authorizes the regulatory agency, such as the EPA, and where regulation becomes excessive and counterproductive.

The operation of the Ex Im Bank is not a conservative/liberal issue, so your question is a non sequitur.



Last edited by Owain; 12/30/17 11:37 AM.

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Sini #142657 12/30/17 05:45 PM
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So Owain, after you sent me deranged private messages, you actually expect me to engage with you?


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Sini #142658 12/30/17 06:43 PM
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I'm not particularly interested in what you do, other than when you post things contrary to fact, I will still point that out.


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Owain ab Arawn
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