We're paying banks to FIRE American workers! The Banker Bailout & Skyrocketing Unemployment

[bweazel]

Nope, no limit. Cause we like it when they rape us, cause we like all the things they "own". ;)

[going4u2]

This is all about Sharia law dominating the world folks. England bends to it's law now as do many other European countries. The bank of islam and the Elitist bankers of the world know to control the world their laws must be strict, they chose the muslim sharia law to dominate. AIG and many other corporations accept Sharia law now when dealing with muslim clients. Sharia law courts exist in Texas, Minnesota and a few other states now. You fail to notice, but it's here. Now off with our heads.....

[whiskerchild]

It's infuriating, but thanks for telling us.

You do a good job.

[gr8wg]

Employers select/hire employees.

Union/organized labor does not !

loss of empoyment is never the employers preference... workers walk away from jobs to select another.

minimum wage or unemployeed is a function of government. without unemployment benefits, more workers would be employeed.

feed a fish, or learn to fish ?

[MonteCristoRecords]

William Greider predicted all of this back in 1997 (One World Ready or Not - The Manic Logic of Global Capitalism). One of his basic premises was that when there is a large imbalance of Finance activity to that of the Real Economy disaster will follow. It is the job of the government to keep this balance which includes mediating Union demands and those of environmentalists. This is their true calling but unfortunately there is a lot of room for corruption in our "Roman" based system.

James

[buzzz1213]

Reminds me when they had a smoking section in restaurants or airlines the cut-off was aisle 36 or table 6.

[meka4996]

WE are all but slaves, conquest or obedience/slavery is to be measured by the degree/level of TAX[Forced Submission]

[Beingreal40]

Please talk in a natural normal tone. I'm finding this too hard to follow.

[DW8814]

Just sitting there and saying banks are being bailed out is bad and "axe's" American jobs is a joke. American jobs are being axed because of many other reasons, not just banks. Cost of labor, greedy unions like the UAW, AFL-CIO, some unionized blue sector jobs. Some of these factors drive up the cost of making products to the point that going out of the country is the only option. So tell me how do you make a profit even if you are a bank or private sector business. Tell me a real solution?

[buzzz1213]

We can start by creating an equal playing field with the rest of the world economically and ecologically. Its hypocritical how OSHA and EPA give US Companies impossible standards to protect the ecology, So they move offshore or lose to the competition in Asia, Mexico, etc

End Result- we lose jobs and the pollution is still dumped into the eco-sphere anyway.

[StupidEarthlings]

This isn't anything new.

Do you have suggestions on how it can be fixed.(realistic suggestions)

[DW8814]

No he will not, because the basic fact is unions are greedy, government restrictions, and cost of doing business drives so many jobs out of the country, caused a huge loss of jobs since 2006. The loss of jobs, means less money going into banks and economy, people fall back in the mortgage and other bills. This crisis has been coming on since 2006, and Republicans Democrats sat and did nothing. You can't throw money at a problem and wish it to go away, and you will see many like this guy!

[marypoppins2009]

Thanks Growby10...I will be happy to assist in creating a new GOVT... I will also plan to pull all funds out of Wells Fargo...as I just saw the foreigners working there just yesterday...some Indian guy with a black bun wrap on his head...looks ridiculous! I may confront the Bank Mgr. on Tuesday...watch out...Americans have had enough...the smart ones that is..

[nota2cdtime]

oh, no,no,no,no....you don't have anything to say about it. According to John Perkins, a self-defined Economic Hit Man in the 70's and 80's, there is a charade of investigation. But the "laws" continue to be passed in the banks favor.

[RonRepublican]

One of the work Visas is called H1B, but there are many more. In 1996 I lost my job to 5 H1B workers. We have millions of these works and many millions of Americas out of work including me and my friends. EBay just laid off a friend of mine, the only America worker in his group, all the rest were H1B workers, which is suppose to be a temporary visa when not enough America worker are available.

[akhtaradil]

All earnings should be derived from labor, not from the interest on capital. This is what Islamic banking teaches. If you have interest-free banking, the capitalist would share in the profit and loss of the business. People would put more money in businesses than banks and bonds. This would revive the economy. Sadly, the world is suffering the consequence of handing over its wealth to a small community of usurers who are fattening at its expense. Don't vilify Islam. Understand it.

[Eggy0]

Giving someone else the use of your capital for a price makes sense, as long as the interest is not excessive (usurous).

But a fundamental flaw in the current western system is the way interest is earned by banks on newly created money based on fractional reserves. A charter based on institutional corruption. The economic crisis is prompting a lot of people to look hard at the prevailing financial setup. The whole can of worms should get cleaned out as a result.

[akhtaradil]

Please tell me how can banks make money if they do away with the fractional reserves. Would they have to keep customer deposits with them all the time and only charge rent for safe custody and pay interest to depositors. Modern banking operates just like Madoff's giant ponzi scheme. The only difference is that they have a central bank and the government backing them. The government can always tax the people to stop bankers from wrecking the economy.

[Eggy0]

Remove excessive profits and unfair rules in banks favour. Dilution of money supply via money creation is theft and immoral. Banks should make money by lending money from depositors. Profits become modest, bank runs become impossible, ability to corrupt government is reduced.

[Growby10]

informed post. thanks!

[WhiteNacho]

I hate to say it but the middle class is S.O.L. Also here's some food for thought... "Green" is the new "Red"

[dieinhellutube]

lier