Would killing Export-Import Bank really harm businesses?

Not according to this statement from Boeing’s most recent 10-Q filing with the Securities and Exchange Commission:

“…we may fund additional commitments and/or enter into new financing arrangements with customers. Certain of our non-U.S. customers also may seek to delay aircraft purchases if they cannot obtain financing at reasonable costs. We continue to work with our customers to mitigate risks to the timing of future deliveries and are assisting with alternative third party financing sources.”

Maybe Kostya Zolotusky, Boeing’s director for capital markets and leasing, should have read the 10-Q filling before telling Bloomberg that Boeing’s preparation for a possible shutdown of Export-Import Bank was the equivalent of preparing for “Armageddon.”

For more on Boeing’s contradictory statements on Export-Import Bank see this article from Breitbart.

In other Export-Import Bank news, Representatives Gary Miller and Maxine Waters have unveiled a “bipartisan” proposal to “reform” Export-Import Bank. Under the leadership of our Chairman Ron Paul, who has always been an outspoken opponent of the Export-Import Bank, Campaign for Liberty will not settle for anything less than shutting down this corporate welfare monstrosity.