Thursday, July 10, 2014

No, pro-business really is not the same as pro-markets

Just like crony capitalism isn't the same as well, capitalism - Export-Import Bank edition (WashingtonExaminer):

Sen. Chuck Schumer explained: “The Tea Party is moving the Republican Party so far to the right on important issues like the Export-Import Bank, that the business community is now farther from the Republican Party and closer to Democrats.”

[...]Politico’s MJ Lee explains what these two are up to: “Democrats have formed a united front in support of the bank, seizing on an opening to appeal to the hearts and wallets of the business community ahead of the November elections.”

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