AIG spent $165 Million on bonuses, and the nation is outraged.
BUT a recent article in the Columbus Dispatch says that JP Morgan Chase is preparing to spend about $400 Million to transfer thousands of American jobs to India, and NO ONE seems angry about this! I am furious.
JP Morgan Chase took taxpayer money in the bailout, and now plans to eliminate the jobs of some of those taxpayers! This is FAR worse than the bonus payments, IMO, because the impact is long-term. Once those jobs are sent to India, they aren't coming back. It's one more slap in the face to America's dwindling and suffering middle-class.
The proposed law to retroactively assess a 90% tax on the bonuses scares me to death. I think it's a bad precedent. BUT if they can pass something as unique as that, WHY can't they pass a law that says any firm taking bailout money can NOT outsource any more jobs until they've paid the government back in full?
PLEASE PLEASE PLEASE tell me this makes you angry too! And please give public voice to my outrage! If you Google "JP Morgan Chase India" you can find online articles and blogs to verify the story, but I have not found it reported in any of the major newspapers, like the NY Times, or on Network or cable news.
I would love to see national attention focused on outsourcing by bailed-out firms!
Some of my dearest relatives are southern and part of the struggling working class who consistently vote Republican, against their own best interests! They are among that group of citizens who think Obama is "elite" and "not one of them".
I don't know if ANYTHING can sway their opinion, but I do know they are country music fans! So, while I was traveling recently I heard this song come on a country radio station, and I immediately decided that perhaps music could help Barack make a "country connection"!!!!
I do not know Garth Brook's political views, but he wrote the PERFECT lyrics for Barack Obama's theme song!
It is titled "We Shall Be Free", and here are the words:
This ain't comin from no prophet, Just an ordinary man,When I close my eyes I see,The way this world shall be, When we all walk hand in hand, When the last child cries for a crust of bread,When the last man dies for just words that he said,When there's shelter over the poorest head, We shall be free,When the last thing we notice is the color of skin,And the first thing we look for is the beauty within,When the skies and the oceans are clean again,Then we shall be free,We shall be free,We shall be free,So stand straight, Walk proud, 'Cause we shall be free,When we're free to love anyone we choose,When this worlds big enough for all different views,When we're all free to worship from our own kind of pew,Then we shall be free,We shall be free,We shall be free,Have a little faith,Hold out,'Cause we shall be free,And when money talks for the very last time,And nobody walks a step behind,When there's only one race and that's mankind,Then we shall be free,We shall be free,Listen to what I'm saying to you,We shall be free,Cause every night and day I pray it's true,Together,Forever,We shall be free.
I can't think of any song that more perfectly fits Barack Obama's goals for this country!