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

[FireFly]

We need higher paying jobs in this country. Low paying jobs should be shunned and not applied for by anyone. Force the hand.

I am sick of government employees forcing the hand on the rest of us who are struggling & have been impacted the most as a result of these government employees bad decisions.

When I bought my house 15 years ago the property taxes were $450. For that I got all essential city services including trash pick-up & had a large city park outside my back door.

Now the city sold the park to an industrial park developer, we must provide our own trash service because we no longer have city trash service & my property taxes increased 5 fold to $2,300. All that money now goes to the pension funds of ex-city employees. We get shafted. I am tired of this shit.

 

[initforme]

I'm not talking about gov't employees. I'm talking about when a PRIVATE employer offers a job for $10 an hour, nobody should apply for it. Let them rot. Hopefully they close down. Good bye until you pay a decent wage. End of story. Hopefully they realize if they pay more they get more.

 

[bripat9643]

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

Talk about conspiracy theories. Yeah, they all got together and agreed not to invest any money just to keep Obama from being reelected. But haven't all the libturds been saying the investment doesn't create jobs? All it takes is "demand."

Liberal turds can't seem to keep track of which theory of job creation they believe in.

 

[Toddsterpatriot]

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.

Force banks to make bad loans, demonize them when they lose money on those loans, insist they increase their reserves and decrease their leverage.
Then, when they do all these things, complain that they aren't making enough loans.
It's almost like Obama and the rest of the idiot libs have no understanding of banking.

 

[bripat9643]

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

They aren't. The banks and companies are holding onto money and jobs because the anti-business policies from the left and obama are plain and obvious. It isn't because of him personally.

I'm sure that "Reasonable Profits Committee" the Democrats proposed will increase the eagerness of businesses to expand. Having all your profits taken by the government is a great motive to invest more money in your business.

 

[The Infidel]

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.

How many birth defects do you find "acceptable"?

Ask your mom.... she obviously saw something redeeming in you. (what, Im not sure)

 

[Toddsterpatriot]

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

Banks are insured by the FDIC, which is financed by the banks.
Banks took TARP loans and repaid them plus interest and stock warrants.
So what are you whining about?

 

[Toddsterpatriot]

We need higher paying jobs in this country. Low paying jobs should be shunned and not applied for by anyone. Force the hand.

Exactly! You can go longer with no food, clothing and shelter than the evil corporations can go without your low skilled help.

 

[FireFly]

I'm not talking about gov't employees. I'm talking about when a PRIVATE employer offers a job for $10 an hour, nobody should apply for it. Let them rot. Hopefully they close down. Good bye until you pay a decent wage. End of story. Hopefully they realize if they pay more they get more.

Well certainly if you have to travel & have short hours that job, it would actually cost you more than staying home. It is different if you can work from home on a computer, over the phone & through the mail at your convenience.

 

[kaz]

How many birth defects do you find "acceptable"?

Ask your mom.... she obviously saw something redeeming in you. (what, Im not sure)

rdean's a great argument to keep abortion legal

 

[daveman]

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

American business are under no obligation to endanger their existence to make Dear Reader look good.

 

[daveman]

As long as banks accept taxpayer assistance to keep their banks afloat they need to keep OUR money working for US the stakeholders.

Now if they want to convert to the Free Market system meaning no tax dollars hey I'm all for that. For now they love tax dollars backing up their corrupt home loan scams and their obscene bonus packages.

They owe the taxpayers big time!!

Number one. I doubt you pay taxes. and Number two.. I think the banks have paid back the money already..

Irrelevant! They accepted tax dollars. The banks screwed up not the taxpayer.

They owe taxpayers big time. The money was given to them so small business could borrow money and hire people. They kept our money and paid out bonus packages.

The banks rely on taxpayers to bail them out = they owe taxpayers big time!!!

Funny how you don't demand the same thing from Solyndra execs.

 

[daveman]

I'm not talking about gov't employees. I'm talking about when a PRIVATE employer offers a job for $10 an hour, nobody should apply for it. Let them rot. Hopefully they close down. Good bye until you pay a decent wage. End of story. Hopefully they realize if they pay more they get more.

So what happens to the price of goods and services that company provides?

 

[daveman]

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

Banks are insured by the FDIC, which is financed by the banks.
Banks took TARP loans and repaid them plus interest and stock warrants.
So what are you whining about?

He didn't get any free money.

 

[The T]

I'm not talking about gov't employees. I'm talking about when a PRIVATE employer offers a job for $10 an hour, nobody should apply for it. Let them rot. Hopefully they close down. Good bye until you pay a decent wage. End of story. Hopefully they realize if they pay more they get more.

So what happens to the price of goods and services that company provides?

They rot like that posters brain...or some other entity takes up the slack.

But that poster you address thinks that companies exist just to create jobs.

Don't like what it pays? Don't take it...liberty of the individual...

 

[The T]

I'm not talking about gov't employees. I'm talking about when a PRIVATE employer offers a job for $10 an hour, nobody should apply for it. Let them rot. Hopefully they close down. Good bye until you pay a decent wage. End of story. Hopefully they realize if they pay more they get more.

Glad you subscribe to Obama's and the Union's theories...

NICE tact to take in this environment when so many can't find anything...

dumbass.

 

[Soggy in NOLA]

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

Priceless.

 

[daveman]

I'm not talking about gov't employees. I'm talking about when a PRIVATE employer offers a job for $10 an hour, nobody should apply for it. Let them rot. Hopefully they close down. Good bye until you pay a decent wage. End of story. Hopefully they realize if they pay more they get more.

So what happens to the price of goods and services that company provides?

They rot like that posters brain...or some other entity takes up the slack.

But that poster you address thinks that companies exist just to create jobs.

Don't like what it pays? Don't take it...liberty of the individual...

Liberty of the individual? Nonsense. We can't have people making their own decisions. It's up to the government to decide for everyone.

Right, init?

 

[Teals_Of_Wonder]

every large and small business needs to hang a sign on their front door "WE WILL BEGIN HIRING WHEN OBAMA LOSES IN 2012".

 

[rdean]

That is idiotic, someone will take the job instead of making $0.

But of course, libs just want to keep the uneployment benefits rolling along so that lazy and low skilled people can turn down jobs.....

We need higher paying jobs in this country. Low paying jobs should be shunned and not applied for by anyone. Force the hand.

Because every employer is looking for lazy and low skilled people.