Explain the Import/Export Bank to me (1 Viewer)

[Plorfu]

I get these emails from the Libertarian Party and today's featured something I've never heard of:

http://www.lp.org/news/press-releases/libertarians-say-get-rid-of-ex-im-bank?utm_source=iContact&utm_medium=email&utm_campaign=Libertarian%20Party&utm_content=20140806+ex-im+release

Can someone provide a Synopsis for Dummies followed by pages of partisain bickering? I could just use the Internets but I wanted to see if any of you guys happened to already be familiar with it. Obviously the email release linked is slanted.

 

[Slapdash]

Subsidize Boeing

 

[Long Ball Larry]

I was an importer/exporter for a while, but I had to get out of it. I wanted to quit the exporting and just focus on the importing. But that was a problem for my girlfriend who thought the importing was just as important as the exporting. Big mess.

 

[johnnycakes]

Pretty sure there's a wiki article on this. I never heard of it before, either.

 

[eoMMan]

Import is when you bring something in. Export is when you send something out.

Hope that helps.

 

[shadyridr]

lol knew the Seinfeld joke wouldnt take long