Are Venezuela's oligarchs living large on our tax dollars?

Last week the House of Representatives passed a bill that would resurrect the currently expired Export-Import Bank for four years. Fortunately, a bipartisan group of 118 congressmen took a principled stand against cronyism, corporate welfare and corruption. Unfortunately, 313 congressmen stood up for their K Street allies at the expense of the American people. Perhaps the only outcome less surprising than last week's vote is another incidence of corruption related to the Ex-Im Bank. But Ex-Im's history of questionable foreign recipients should come as no surprise when you consider that the antique bank was initially established to support Stalin's Soviet Union. More…