USA banks and industry are sitting on 19 million jobs to make Obama look bad

[merrill]

If America's largest banks and non-financial companies would just loosen their death-grip on a chunk of the $3.6 trillion in cash they're hoarding and move it into productive investments instead, the report estimates that about 19 million jobs would be created in the next three years, lowering the unemployment rate to under 5 percent.

Corporate America Is Sitting On The Solution To The Jobs Crisis: Report

 

[percysunshine]

USA banks and industry are sitting on 19 million jobs to make Obama look bad

Why would they do that? He doesn't need their help.

 

[The T]

WHY should any hiring go on with the uncertainty that Obama has introduced regarding Obamacare, Taxes, and all the rest of it?

Employment will NOT rise signifigantly until Obama is gone, and the Anti-capitalist Statists in the Congress are shown the door.

What do you propose? These people be forced to hire when they know they won't profit and thier capital will be wasted?

YOU are one of these freaks that think companies exist just to hand out jobs.

 

[occupied]

Banks are scared shitless and reluctant to loan anything short of a sure thing, why would they risk all that cash they worked so hard to swindle on the poor saps they took it from?

 

[WillowTree]

If America's largest banks and non-financial companies would just loosen their death-grip on a chunk of the $3.6 trillion in cash they're hoarding and move it into productive investments instead, the report estimates that about 19 million jobs would be created in the next three years, lowering the unemployment rate to under 5 percent.

Corporate America Is Sitting On The Solution To The Jobs Crisis: Report

that's what happens when obummer and you libtards demonize a business or a whole group of people.. they don't wanna play wit you no mo.. deal with it.

 

[percysunshine]

Banks are scared shitless and reluctant to loan anything short of a sure thing, why would they risk all that cash they worked so hard to swindle on the poor saps they took it from?

It seems that your butt has occupied your head again.

 

[merrill]

How can having RINO's in the white house be more important than the nations economy?

 

[The T]

How can having RINO's in the white house be more important than the nations economy?

How can having an avowed Marxist there now help it?

 

[merrill]

Even as the nation continues to confront massive unemployment, the nation's biggest companies have been hoarding cash. Banks have been able to borrow the money essentially for free from the Federal Reserve, so why not?

In fact, according to the Federal Reserve (Table L.109, line 28), banks are sitting on $1.6 trillion in reserves -- about 80 times the $20 billion they held in 2007.

Meanwhile, non-financial companies are keeping their profits liquid, rather than plowing them back into investments, to the tune of about $2 trillion.

 

[WillowTree]

poor old merrill whining incessantly cause he can't steal someone else's money..









makes my friggin day.

 

[The T]

Even as the nation continues to confront massive unemployment, the nation's biggest companies have been hoarding cash. Banks have been able to borrow the money essentially for free from the Federal Reserve, so why not?

In fact, according to the Federal Reserve (Table L.109, line 28), banks are sitting on $1.6 trillion in reserves -- about 80 times the $20 billion they held in 2007.

Meanwhile, non-financial companies are keeping their profits liquid, rather than plowing them back into investments, to the tune of about $2 trillion.

Again...it's thier money. WHY do you wish to steal it from them?

 

[Trajan]

so the evil rich should just spend, invest etc.? I thought they were just greedy bastards who didn't want to do anything but make money? hummmmm.....

and what if say the bush tax structure gets axed in Jan? do you care? becasue they sure do, and, they, unlike say you don't make decisions based on an 11 month window, get it?

 

[GoneBezerk]

Yes, those evil bank ATMs are worse than Dr Evil....they are now hiding all the money from Obamination, while preventing union workers from making $20/hr as a bank teller.

 

[merrill]

Taxpayers are forced to insure financial institutions and bail them out.

Yes they owe USA citizens a means for employment over and above their lavish spending on bonus packages and golden parachutes

 

[kaz]

If America's largest banks and non-financial companies would just loosen their death-grip on a chunk of the $3.6 trillion in cash they're hoarding and move it into productive investments instead, the report estimates that about 19 million jobs would be created in the next three years

If government and the Left would just loosen their death-grip on a chuck of the $15 trillion economy, then America's largest banks and financial companies would move the $3.6 trillion in cash they're hoarding and move it into productive investments instead.

 

[merrill]

If America's largest banks and non-financial companies would just loosen their death-grip on a chunk of the $3.6 trillion in cash they're hoarding and move it into productive investments instead, the report estimates that about 19 million jobs would be created in the next three years

If government and the Left would just loosen their death-grip on a chuck of the $15 trillion economy, then America's largest banks and financial companies would move the $3.6 trillion in cash they're hoarding and move it into productive investments instead.

Taxpayers are forced to insure financial institutions and bail them out.

Yes they owe USA citizens a means for employment over and above their lavish spending on bonus packages and golden parachutes

 

[kaz]

Taxpayers are forced to insure financial institutions and bail them out

Capitalists didn't want government mandates on banks, like sub prime loans, to institute government political policy

Capitalists didn't want government to bail banks out when they failed

But it's our fault...

 

[rdean]

I don't believe this. Corporations don't "make jobs" to improve the country. They only care about profits. That's their job.

Were they laying off at the rate of 750,000 a month to make Bush and the Republicans look bad? Of course not. They had simply built up the infrastructure in China with help from the Chamber of Commerce and the Republicans and everything was finally in place to end the jobs here and transfer them there. Even the training was complete.

The truth is, they moved millions of jobs to China from 2001 to 2008 to try to squeeze out every cent of profit in the shortest amount of time. They only sit on the money and don't create jobs because there is no demand. Their polices have ruined their largest market. It's short sighted capitalism. Not "grow the economy" capitalism like we had under Republican President Dwight D. Eisenhower.

 

[GoneBezerk]

The banks and rich are not going to invest in an economy under Obamination where his EPA will come in and shut down their operations (loss of investment money) or just drive up the costs of operating (loss of investement money) OR some other Admin goon squad like the Labor Department will invent some crime for doing criminal background checks on employees which will end up with fines and money to the lawyers (loss of investment money).

So it is pathetic libs go on the internet to whine about the rich and banks not supporting the socialist messiah. Those people with money feel it is better to hang on to their money than to give it away via some scam invented by Obamination and his army of left-wing lawyers out for wealth distribution.

 

[The T]

The banks and rich are not going to invest in an economy under Obamination where his EPA will come in and shut down their operations (loss of investment money) or just drive up the costs of operating (loss of investement money) OR some other Admin goon squad like the Labor Department will invent some crime for doing criminal background checks on employees which will end up with fines and money to the lawyers (loss of investment money).

So it is pathetic libs go on the internet to whine about the rich and banks not supporting the socialist messiah. Those people with money feel it is better to hang on to their money than to give it away via some scam invented by Obamination and his army of left-wing lawyers out for wealth distribution.

It's simple. Statists belive all wealth belongs to the State.