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Thursday, June 26, 2014

No. 000035 Jealously and Envy of Rep. Hensarling in Opposition to the EXIM, Tea Party Username and Password

Americans love to fight. All real Americans love the sting and clash of battle. When you were kids, you all admired the champion marble shooter, the fastest runner, the big-league ball players and the toughest boxers. Americans love a winner and will not tolerate a loser.

Not the Tea Party. They are jealous of our fastest runners, our big-league ball players, and our toughest boxers, our corporations that battle overseas to sell American manufactured products in competition with foreign manufacturers bearing foreign country EXIM finance for potential customers.

The lens of these words show the Tea Party as a party motivated only by the hatred of jealously and envy.


Jealousy and Envy


Jealousy is a complex emotion that encompasses many different kinds of feelings that range from fear of abandonment to rage to humiliation. 


A standout example of jealously and envy: opposition to the EXIM because they cannot have government help in selling abroad because I don't have government help in selling in the US.


Rep. Jeb Hensarling, R-Dallas, continuing his campaign to convince the rest of Congress to put the Export-Import Bank out of business, yesterday during a hearing before the House Financial Services Committee targeted the bank as an example of cronyism and the outsized influence in Washington giant corporations and big banks. 
“Who benefits?” he asked as he began his opening statement at today’s hearing. “Some of the largest, richest, most politically connected companies in the world. So if you are a politically connected bank or company that benefits from EX IM, you want it to continue. It’s a sweetheart deal.” 


It gets worse. Within 5 minutes a bank with an 80 year history of creating jobs based on exports is charged with “IDEOLOGICAL AND CRONY-BASED LENDING PRACTICES.”


It isn't fair that if you sell to hard working Americans the Government won't subsidize you, if the Government helps other sell overseas.


But the real jealously and envy emerges at 56:21. Let's go to the transcript.
LET ME THEN ASK YOU THIS QUESTION. FAIRNESS IS A VERY SUBJECTIVE TERM. I UNDERSTAND THAT. >> RIGHT. >> BUT WE SEEM TO HAVE A FEDERAL POLICY THAT SAYS, YOU KNOW, IF YOU CREATE A PRODUCT, AND YOU WANT TO SELL IT TO FOREIGNERS, IF YOU WANT TO SELL IT TO THE CHINESE, THE FEDERAL GOVERNMENT WILL STEP IN IN AND SUBSIDIZE YOU. BUT IF YOU WANT TO SELL YOUR PRODUCT TO HARD-WORKING AMERICANS, THEN, NO. NO SUBSIDIES FOR YOU. AND SO, I'M THINKING ABOUT, YOU KNOW, SMALL BUSINESSES, MY OWN DISTRICT, A NEXUS PERSONNEL BUSINESS SERVICES IN MAESQUITE. THE OWNER SAID MY MOTHER AND STEP FATHER OPENED UP THE BUSINESS THEY USED THEIR 401(K), OTHER RESOURCES TO PAY FOR RENT....WE HAD TO GO TO AUCTIONS TO BUY OFFICE FURNITURE. YOU KNOW, SMALL BUSINESSES LIKE OURS QUOTE/UNQUOTE...CAN'T RELY ON THE GOVERNMENT. AGAIN, I GUESS BY DEFINITION, YOU RECEIVED THE SUBSIDY, YOU BELIEVE IT'S NECESSARY TO YOUR BUSINESS MODEL, I ACCEPT THAT. BUT HOW IS THAT FAIR TO THE OTHER MILLIONS AND MILLIONS OF SMALL BUSINESSES WHO SELL TO AMERICANS WHO DON'T GET THEIR PRODUCTS SUBSIDIZED TO THE FEDERAL GOVERNMENT?
When one lacks the ability to see the difference between an American firm competing in Africa to sell mining equipment against a Chinese manufacturing firm financed by the China EXIM Bank (or German or Japanese or Korean) and opening a new restaurant on Manchester Road where the competitors, like you, have branches of 25 different banks or savings and loans offering loans from funds raised by FDIC insurance this a a total detachment from reality showing only jealousy and envy.

The firm (or its Congressional Representative) complaining that it lacks the diligence, skill, and moxie to compete globally and thus that those who do are not entitled to government help that puts an American firm on a level playing field with foreign firms is showing only resentment, discontent or covetousness.