tag:blogger.com,1999:blog-10911751.post8646299764923753083..comments2024-03-07T02:00:01.582-05:00Comments on NEI Nuclear Notes: Top 5 Reasons to Support Ex-Im Bank ReauthorizationUnknownnoreply@blogger.comBlogger4125tag:blogger.com,1999:blog-10911751.post-49638533439777643452015-03-24T16:49:02.208-04:002015-03-24T16:49:02.208-04:00I would agree that the EX-IM Bank provides the sam...I would agree that the EX-IM Bank provides the same service as private financial institutions. In other words, it competes directly with private-sector institutions. Why would any entity choose to use the EX-IM Bank over a private-sector bank? I'd suspect it's because the EX-IM Bank offers superior terms, and why not? After all, private-sector banks hazard their own money and the money of their depositors, and their risks are governed by the hazard tolerance of their shareholders. The EX-IM Bank is loaning taxpayer money, and if they lose it, it does not affect the bottom line of the individuals making the loan.Barney Haddennoreply@blogger.comtag:blogger.com,1999:blog-10911751.post-33610788773116789502014-06-27T12:22:19.498-04:002014-06-27T12:22:19.498-04:00Following up on TJs reply, if "the bank"...Following up on TJs reply, if "the bank" is paying for itself, why is it being called corporate welfare and why wont our too big to fail banks get involved in these investments? Is the risk the possibility of an overseas project not being completed and the taxpayer making up the shortfall to keep the suppliers whole?37ndonehttps://www.blogger.com/profile/10248167915906022741noreply@blogger.comtag:blogger.com,1999:blog-10911751.post-39597541114697780232014-04-18T13:52:45.165-04:002014-04-18T13:52:45.165-04:00Ex-Im Bank does not provide subsidies or grants to...Ex-Im Bank does not provide subsidies or grants to any companies, governments or financial institutions. Rather, just like in the private sector, Ex-Im Bank charges fees or interest to its customers for the loans, credit insurance and loan guarantees that they receive. The fees (and interest payments in the case of direct loans) pay all of the Bank's cost of operations and establish the reserve accounts from which the Bank pays claims and recoups bad loans.TJhttps://www.blogger.com/profile/09786301092981785764noreply@blogger.comtag:blogger.com,1999:blog-10911751.post-71692907135120338232014-04-14T11:01:05.844-04:002014-04-14T11:01:05.844-04:00I am an enthusiastic supporter of nuclear power, b...I am an enthusiastic supporter of nuclear power, but I believe it should be able to stand on its merits. When the government subsidizes nuclear power it undermines the economic arguments in its favor. It's a shame that other governments subsidize their nuclear industries, forcing us to do the same in order to compete.Anonymoushttps://www.blogger.com/profile/04534390692709378776noreply@blogger.com