Your Tax Dollars Went to China, Saudi Arabia and WHERE? Adam Andrzejewski
Posted By Ruth King on August 5th, 2022
BILLIONS SPENT ON PRIVATE BUSINESS DEALS IN HOSTILE NATIONS
| Ever heard of the Export-Import Bank? It’s little-known, but it’s not like your local credit union. It’s part of the federal government and it spends BILLIONS of your tax dollars!
The bank is meant to finance deals that boost exports and small businesses when private capital can’t be found. But most of the money goes to huge corporations like Boeing and General Electric – or to countries that are openly hostile to the United States!
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Since 2007, Chinese companies have received more than $6.4 billion even though the nation has the second largest GDP in the world – AND even though they’re threatening us over Taiwan!
Russian companies, which often line the pockets of oligarchs, received $1.9 billion – even though Russia is fighting a land war in Europe and could be responsible for food and fuel shortages worldwide!
Saudi Arabian companies took over $6.9 billion in financing – even though President Biden called them a pariah over the murder of journalist Jamal Khashoggi.
Read all the facts and figures in our report HERE.
The icing on this awful cake? These deals and capital assurances are guaranteed by YOU, the American taxpayer. If any of this cash is lost in a country that’s economically or politically unstable, that’s tax dollars down the drain.
With widespread turmoil around the world, we need to take a SERIOUS look at where we fund private business deals. |
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| Remember, It’s Your Money! |
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