I read this the other day on FaceBook:
Sarah wrote the above soon after I spotted this on HotAir:
On HotAir I go back and read the comments to follow-up and found this:
Posted: 10:42 PM CST on Thursday, December 27, 2007
DALLAS – A News 8 investigation has found that a little known government agency may have unwittingly wasted taxpayers money on top of using the funds to support criminal activity.
The probe originally revealed that small business loans sponsored by the Export-Import Bank of the United States were made to non-existing companies for equipment that wasn’t even real.
Now, New 8 has discovered that some of the people who got the Ex-Im Bank loans may have drug connections. The $243 million worth of bad loans were originally made to help trade with Mexico.
The loans have been linked to the Juarez drug cartel, which is known for its brutal murders. The cartel killed one dozen people and buried them in a suburban backyard across the border fro El Paso.
“They have drug connections, which is very disheartening to think that the U.S. government is lending money to documented traffickers in the drug trade that are tied into the cartels in Mexico,” said Phil Jordan, the former head of the El Paso Intelligence Center for the DEA and Border Patrol in El Paso.
Jordan ran background checks of the borrowers with two federal sources and found borrowers from Juarez and Sinaloa with criminal ties to money laundering, organized crime or drugs in Mexico. Jordan said he was surprised to find that the Ex-Im Bank didn’t do similar checks before guaranteeing the loans.
“To lend them millions of dollars and then to not be a fail safe system of checks and balances is just throwing money away,” he said.
Dallas Congressman Jeb Hensarling, who is a long-time opponent of the Ex-Im Bank, said he is ready for a probe.
“Certainly there’s enough evidence to warrant an investigation to see if American taxpayers’ dollars are funneled into phony Mexican companies that end up in the hands of phony drug cartels,” he said. “It’s almost the stuff of a spy novel.”
Out of $243 million in the medium-sized loans the Ex-Im Bank backed in Mexico from 2003 through 2005, less than $25 million was ever repaid. The bank, a federal agency, declined to be interviewed on camera by News 8.
That story about the Ex-Im Bank is disturbing enough that I posted the link on FaceBook and within one minute the post was gone. People on Sarah’s facebook page have been saying other posts are getting deleted as well. I re-posted another two times and each time the post was deleted. I even posted the links in some comments and the comment was deleted. FaceBook is a private company and can do what they want. They cannot hide the truth by deleting this lowly bloggers postings.
The story is out there – it does not matter if they delete all posts that shed light on political corruption from either side. The irony is: all of the Ex-Im bank activity mentioned in the above article took place during the Bush administration.
Why would FaceBook care enough about certain postings to delete them?