US to offer $2B in clean energy loans to S. Africa

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  • freedomingood provo, Utah
    Aug. 8, 2012 6:06 p.m.

    Wow, didn't make it very far into the article before making up your minds huh?

    This Bank is self funded and has been in operation since 1934 to promote US exports.

    In recent years, Ex-Im Bank authorized between $12-$14 billion in financing to support US exports worldwide. During the first term of the Bush administration, the bank was reportedly pressured by the White House to help finance the completion of a controversial gas pipeline project in Peru which stood to benefit two US energy companies. Also, Ex-Im officials came under scrutiny from members of Congress for approving large loans to foreign companies that are aiding US enemies, such as Iran.

  • worf Mcallen, TX
    Aug. 6, 2012 4:54 p.m.

    Looks like more out sourcing to me.

    Will some of the Obama supporters please explain this?

    We've given billions to Finland, Mexico, Brazil,China, Japan, Australia, Pakistan, Muslim Brotherhood, Libya, Australia, Egypt, plus many others.

    I thought the Commander (annointed one), was going to cut the deficit in half?

    What happened to the six trillion added to the debt? That would pay for all our healthcare needs! Where did the stumulus money go?

    Instaed of Romney's tax returns, the president is hiding something.

  • don17 Temecula, CA
    Aug. 6, 2012 12:41 p.m.

    So another Administration payoff to Obama's G.E. supporter and job Czar Jeffrey R. Immelt! Out sourcing U.S. jobs to South Africa in another Administration Pay to Play plan? Corruption abounds in this administration and here is another example of Obama HELPING HIS SUPPORTERS ONLY!

    Fellow Citizens we need to complain about this! 2 Billion in wasted dollars!