ExIm Bank: Corporate Welfare? Or Extraordinary?

President Obama apparently thinks that it is both. A new video from the Republican Study Committee shows the hypocrisy of the President, who in 2008 called the Export-Import (ExIm) Bank “little more than a fund for corporate welfare” but in 2012 called it an “extraordinary mission.”

Which is it? Could it be that the President just wanted to seem pro-business in an election year when everything he’s done thus far has created a frosty relationship with the business community? Nah, not our President, he wouldn’t be so transparently political.

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