The Wenatchee World

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Cronies, renew the Ex-Im Bank

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As I sit here, very close to the middle of the bustling state of Washington, the yields of crony capitalism flow all around me, and I am grateful. It’s the critics who call it crony capitalism. Others beg to differ, but the fundamentals are understood — it is international commerce, enabled by the federal government’s selective use of public credit. Whatever you call it, we in the most successful trading state in the nation benefit enormously. It allows our companies…

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