Must Read... Take Delta Airlines, which pays full price for the - TopicsExpress

Must Read... Take Delta Airlines, which pays full price for the planes it purchases from Boeing, yet has to compete with Air China, which buys planes from Boeing with subsidized loans through the Ex-Im Bank. Airlines for America estimates the Ex-Im loans to foreign airlines have killed 7,500 jobs at domestic airlines in the U.S. And Ex-Im even subsidizes loans to companies in nations hostile to the U.S., such as Russia and Venezuela. But there’s an additional problem: If a foreign company defaults on its loan, it is American taxpayers who are on the hook. Remember Fannie Mae and Freddie Mac?

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