If you’re joining us late, there turns out to be an impressively passionate range of views on the future of the Export-Import Bank. For background reading: No. 1 in the series is “Idiocracy: It’s Not Just a Movie Any More,” my initial broadside against the effort to defund the bank; No. 2 is “When Is It Fair to Call a Policy Position Idiotic?,” a response from readers flustered by No. 1’s harsh tone; and No. 3 is “Another Thing to Blame the Boomers For?” which is self-explanatory.
This next installment is meant to represent the range of incoming sentiment. We begin with someone in the insurance business, who addresses the point of whether ExIm is for giant corporations only:
This reader appreciates your use of the cautionary Mike Judge film to call out the anti-Ex-Im Bank extremists.
My company brokers over 500 Ex-Im Bank export credit insurance policies, more than any other insurance broker in the country. Most of our trade finance business is underwritten in the private sector, but small business exporters find the support they need only at Ex-Im Bank.