The Wenatchee World

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Winter Weather Advisory issued November 21 at 4:51PM PST until November 22 at 6:00AM PST by NWS

...HEAVY MOUNTAIN SNOW THIS AFTERNOON THROUGH SATURDAY... .A STRONG AND MOIST PACIFIC STORM SYSTEM WILL PASS THROUGH THE REGION FROM THIS AFTERNOON THROUGH SATURDAY. SNOW WILL GENERALLY BE A MOUNTAIN OCCURRENCE EXCEPT FOR LOCATIONS WEST OF A LINE FROM REPUBLIC TO WENATCHEE. COLD AIR WILL REMAIN TRAPPED IN THESE AREAS LEADING TO PRIMARILY A SNOW AND FREEZING RAIN EVENT. A COLD

Tonight

Lo34° Wintry Mix

Saturday

Hi43° Partly Sunny

Saturday Night

Lo33° Slight Chc Rain/Snow

Sunday

Hi42° Chance Rain/Snow

Sunday Night

Lo32° Slight Chc Showers

Monday

Hi42° Slight Chc Showers

Monday Night

Lo33° Slight Chc Rain

Tuesday

Hi44° Slight Chc Rain

Tuesday Night

Lo35° Mostly Cloudy

Wednesday

Hi43° Partly Sunny

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You may never have heard of the Export-Import Bank of the United States, but some would-be populists in Congress are trying to kill it. They will do it, supposedly, in your name, to protect your tax dollars and public credit and keep the greedy international corporations at bay. But they won’t really. They will kill jobs, hurt business large and small, erode American competitiveness, reduce vital U.S. exports, and then pose as slayers of crony capitalists.

They will be wrong. The Export-Import Bank is not capitalism in a pure state, but it facilitates U.S. exports and secures the benefits of overseas trade for the U.S. economy. The 75-year-old Export-Import Bank makes and guarantees loans for U.S. goods purchased by foreign companies that could not otherwise obtain credit. The largest user of the bank is Boeing, which exported $43 billion in goods last year alone. Washington is the greatest trading state, and the largest beneficiary of Export-Import Bank services, affecting hundreds of exporters, from the very small to the very large. It supported tens of thousands of jobs, and returned more than $1 billion to the Treasury in the process.

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