As a candidate trying to burnish his pragmatic and populist credentials, President Obama called the Export-Import Bank “little more than a slush fund for corporate welfare.”
He was correct.
As a president trying to increase government’s role in the economy and burnish his credentials as the No. 2 Boeing salesman in the world, Obama has become the champion for this slush fund.
Today, as the Export-Import Bank enters liquidation, Obama is hosting a conference call to rally the troops to bail out the “bank.”
Here’s an email from the White House:
Dear Friend,
Please join us for a conference call on Tuesday, June 30th, at 2:35 PM with President Barack Obama, Senior Advisor to the President, Valerie Jarrett, and Director of the National Economic Council, Jeff Zients, to discuss the importance of reauthorizing the Export-Import Bank of the United States. The Export-Import Bank is a critical tool to help U.S. businesses and workers succeed in global markets and grow their exports – it supports high-quality jobs, is a vital tool for small businesses, and doesn’t cost taxpayers a penny. Its reauthorization is vital to U.S. competitiveness and leveling the playing field for American small business owners and workers.
To participate in this conversation, please find details below:
Date: Tuesday, June 30th, 2015
Time: 2:35PM EDT
To receive the call-in information, please RSVP here.
For those who wish to access live captioning of our call, please access the link here.
This call is off the record and is not for press purposes nor amplification on social media.
Thank you,
The White House Business Council
