As Part of the Bailout, the Big Banks should re-hire US workers

[WillYourVoteBCounted]

The Big Banks cooked the geese that laid the golden eggs, i.e the banks
offshored thousands of tech jobs, and then offshored thousands of clerical jobs.

One condition for the bailout should be that they bring those jobs back to the US!

Its flat out bullshit to give them money while they send basic jobs to India.

What good does it do to prop up these banks if the money goes to the CEOs and then to the
offshore call centers in India?

How does the bailout help the US if it doesn't result in new jobs?

Anything else is just propping them up temporarily.

Until people are working again, there is no fracking economy.

[elleng]

1. More than that,

and much more difficult (and unlikely), they should be split up/un-merged. Hyper-consolidation has been a major killer, thru the u.s. and world economy.

[kywildcat]

2. This is what I've been screaming at the top of my lungs

It is adding insult to injury to spend 8 years outsourcing and offshoring jobs-decimating the US tax base, and then to come hat in hand asking us for tax money to continue the practice. Yes, they really and truly think we are that stupid.

[mrreowwr_kittty]

3. I'm surprised the Free Trade Apologists haven't showed up to flame you yet.

A couple days ago there was a thread where they were accusing people of being racists who didn't care about the 3rd world because we wanted to protect U.S. jobs. Because everyone who works in America is white, dontcha know.

[marketcrazy1]

5. this topic is funny

the big banks have not even finished FIRING people yet!! plenty of time to worry about who they hire, IF they survive at all!!

[Citizen Number 9]

4. That's an interesting concept

Unfortunately the reality of the situation this week is just the opposite.

Financial company employees face the most drastic downsizings since the Depression.

As an addition, I'd have to point out that just because they are "bailed out" does not mean that they are so healthy they can afford to hire additional workers just to give them jobs. Maybe the .gov could just supply more money yet, but what would be the point of that?

Wouldn't it be better for the .gov to save the money to use on extending unemployment benefits as we need to get through this, or better yet, using it on infrastructure projects so something is actually created with it?

[anigbrowl]

6. What do you want these people to do, exactly?

Not that I disagree with the sentiment of your OP, but people seem to think that job creation is a matter of saying 'let there be jobs!' and that everything will somehow take care of itself. OK, so say I am the head of a big bank and you've half-convinced me to hire 10,000 people. What, exactly, should I have them do?

[abelenkpe]

7. they can

spend their work hour re-structuring every single mortgage, student loan and other debts that are choking workers. Or maybe spend time coming up with ways people can rebuild their life's savings that were flushed away out of their 401k and IRAs. Big job. Gonna need a lot of people to do it. Just get rid of the management that instructed these people to work to benefit the bank and replace them with management that tells them to work for the people.

O never mind. Silly, huh?