Bankers and Bailouts

An investigation by The Associated Press found that banks receiving the biggest bailouts requested visas for thousands of foreign workers while laying off American employees. Legislation by Senators Bernie Sanders (I-Vt.) and Charles Grassley (R-Iowa) would require the bailed-out banks to hire only Americans for one year. "It is obscene and vulgar for these huge banks getting taxpayer bailouts to use the bailouts to throw American workers on the street and bring in foreign workers," Sanders told AP. Banks accepting taxpayer bailouts should first hire laid-off American banking workers, he said. The legislation, Sanders added, was in response to the investigation which revealed that the dozen banks now receiving more than $150 billion in bailouts requested visas for more than 21,800 foreign workers over the past six years for high-paying jobs.

In a speech on the Senate floor, Sanders said the American people are furious that a handful of Wall Street executives through their greed, recklessness and possible illegal behavior have plunged us into the worst financial crisis since the Great Depression.

Category:

News & Politics

Tags:

• Bankers
• and
• Bailouts
• senator
• sanders
• vermont

[prairiepeteohio]

The bankers know what they're doing... Robbing Americans.

We are on the brink of total revolt.

[tlfettled]

Thank you Mr. Sanders for your fight for honesty in the system. Good Luck

[tlfettled]

Think about the word--collusion-- then think about secrete meetings. Then think why would someone get paid so much money, i would think they get paid big bucks to keep their mouth shut while they steal us blind........ Its a DAM SHAME.

[USAWeThePeople]

These Central Banking Systems are Thieves so is the Federal Reserve Bank...

[NiTrain00]

Can everyone all across America say "Financial Fraud"

All those crooked bankers committed crimes put them in jail.

Make them all pay restitution!!!

Come on America say it:

Financial Fraud!!!

[JohnStumpfWF]

Right on man - thanks for posting!

[prairiepeteohio]

We are sleeping and awaiting for an incident to wake us up,,,

By then, I believe, it may be too late!

[mpp1000]

I find it amazing that they can't see far enough ahead to see that they are shooting themselves in the foot. They are crashing the system that is giving them the money.

Don't kill the goose that lays the golden egg.

[JCSY44]

In the broad daylight and America is apathetic. What a shame.

[timelesstruths]

And if they did not support the motion than who are they supporting.

best wishes

[combatvetdoc]

Amen prairie!! I took ALL my 401k out of the bank just before the crash and bought GOLD! I took a hit , but not as much as I would have if I hadn't! WE THE PEOPLE are NO LONGER represented by our so called leaders! Time for a 5 million AMERICANS march on Washington!!