Ted Cruz concluded Mitch McConnell is a liar in 2015, now Ron Johnson appears to be doing the same

The Ted Cruz incident with McConnell involved the Export-Import Bank (story here).

Now, Ron Johnson is reportedly concluding McConnell committed a breach of trust by privately telling moderate senators that the Medicaid cuts in the healthcare bill won't actually occur, as reported here.

The current Republican bill in the Senate appears dead as four senators in the Republican caucus have said they don't support it. With a 2-seat majority, only 3 defections are tolerable (the tie-breaker vote is cast by the Vice President, Mike Pence).

When all is said and done we might find out that the loss of support is all intentional and orchestrated in order to save the Senate from having to vote on the issue again at all. The nay-sayers may be handsomely rewarded at some future date while getting to please their constituencies.

Remember, Republicans generally don't believe in anything except for what is. In other words, maintaining the status quo is their objective. They are pragmatists who are willing to accept progressive creations once passed, like the income tax, Social Security, Medicare and now Obamacare, and will defend those programs no matter how they became law.

Lighting their hair on fire for anything is completely out of the question, including for the constitution.

The only thing that will save us now is a meteor strike on the Senate chamber while they are all in session.

Trump flips on Ex-Im Bank

Reported here:

His budget chief Mick Mulvaney said on CNBC (transcript via Reason) Wednesday that Trump was now pro-Ex-Im, and the president himself professed his love for Boeing's bank to the Wall Street Journal:

The president said he planned to fill two vacancies on the bank's board, which has been effectively paralyzed with three open seats on its five-member board.

"It turns out that, first of all, lots of small companies are really helped, the vendor companies," Mr. Trump said. "But also, maybe more important, other countries give [assistance]. When other countries give it we lose a tremendous amount of business." ...

"Instinctively, you would say, 'Isn't that a ridiculous thing,'" Mr. Trump said of the Ex-Im Bank. "But actually, it's a very good thing. And it actually makes money, it could make a lot of money."

Flashback Trump August 2015: Ex-Im Bank is unnecessary, I don't like it, It's not free enterprise, I'd be against it

Quoted in Bloomberg, here:

"I don't like it because I don't think it's necessary," the real estate mogul said. "It's a one-way street also. It's sort of a featherbedding for politicians and others, and a few companies. And these are companies that can do very well without it. So I don't like it. I think it's a lot of excess baggage. I think it's unnecessary. And when you think about free enterprise it's really not free enterprise. I'd be against it."

To Tim Carney, the soul of the Republican Party in 2015 and beyond boils down to (mere) materialism

Here, without the mere:

"More broadly, the rising tide against Ex-Im exemplified a nascent Republican move away from corporate welfare. Marco Rubio led the fight to block an insurer bailout through Obamacare. Ted Cruz is leading in Iowa polls while unambiguously pledging to kill the ethanol mandate. Jeb Bush, Carly Fiorina and most of the rest of the field also feel compelled to inveigh against corporate welfare, even if they don't oppose it in every specific instance. There's a long way for the party to go, but they're at least marching in the right direction, because they're no longer always marching to K Street's tune. ... Dole, Lott, subsidized exporters and ethanol executives will have all the material blessings they need at Christmas. But conservatives will have a much stronger hold on the soul of the Republican Party than they did just 10 years ago, and that's something they can be happy about."

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"Whereas Socialism, and even capitalism in a more grudging way, have said to people 'I offer you a good time,' Hitler has said to them 'I offer you struggle, danger and death,' and as a result a whole nation flings itself at his feet." -- George Orwell, 1940

To pay for highway bill, US House relies on selling strategic oil reserve and privatizing IRS employment instead of raising gasoline taxes

From the story here:

"The bill is in fact financed with a collection of offsets that many lawmakers find objectionable, such as raising $9 billion by selling oil from the country’s emergency oil reserves. Roughly $2.5 billion comes from requiring the Internal Revenue Service to use private debt collectors, reviving a controversial program opposed by many Democrats, consumer groups and the union that represents agency employees."

George Will confuses self-defense with imitation

Here:

When Fred P. Hochberg, the [Export-Import] bank’s chairman and president, defends it, an old joke comes to mind: A pastor officiating at a man’s funeral asks if anyone in the congregation would like to say something about the deceased. After a long, awkward silence, a voice shouts: “His brother was even worse.” South Korea, Hochberg says, provides “four to five times more export support than we do.” Thus does sound policy get defined down: Others are even worse, supposedly forcing us to emulate them.

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Nice try, George. War is evil, but when we are attacked, that we fight back doesn't mean that we are evil, too.

In this case a paraprosdokian aptly applies: We dispense with so-called free-trade in order to defend free-market principles.

Obama To Expand American-Style Fascism Into All Corners Of The Economy

The partnership between government and business gets ever closer under Obama, whose socialism still routinely lacks the qualifier "National" in the popular press, as Tim Carney reports here:

Obama plans to use the Export-Import Bank -- a federal agency that gives taxpayer-backed loans and loan guarantees to foreign buyers who buy American goods -- to subsidize U.S. manufacturers even when they are selling to other American companies.

This would be a significant step in the federal government's transformation into a venture capital firm and investment bank involved in all corners of the economy. It's private profit and public risk. Conservative Sen. Jim DeMint calls it "venture socialism." ...

Big Business loves all these forays into venture socialism. The Chamber of Commerce lapped up the Troubled Asset Relief Program, the Detroit bailout, the stimulus, the infrastructure bank and Build America Bonds. The chamber also was the key lobbying force to win over Republicans during Ex-Im's reauthorization earlier this year.

Banks, of course, enjoy the opportunity to reap profits while taxpayers bear the risk.

This broad support from the manufacturing and finance sectors makes government underwriting very popular in Washington. Politicians get to steer the flow of money to the sectors they like while making their lobbyist friends and campaign donors happy.