If the U.S. government takes over the banks.....
 

Will I still have to talk to someone in India when I call the bank about my credit card or mortgage?

:helpme

no, but you'll have to talk to some ghetto black woman with an attitude of "fuck you I'm doing my nails"

I can't wait.

Or a white chick in the bathroom powdering her nose":helpme

Say goodbye to the United States... That is what if.

Think about it, they are just like those people with credit cards, spending more than they make and racking up massive amounts of debt. Is THAT they type of people we want controlling our banks?

I think not...

wtf is this shit

WE GOT YOUR MONEY GONNA SPEND YOUR MONEY
GONNA PRINT SOME MORE MONEY


http://www.rense.com/1.imagesH/imadddd001.gif

How is that any different from the people that have been running the banks up until now?

Other than the fact that the people the govt would appoint to run it won't walk away with 100M+ bonuses or golden parachutes when they're done?

It depends on how the outsourcing contract is set up. I don't think there'd be any change because it isn't a bankruptcy reorganization. The US is just buying stock in US companies (and diluting existing shareholders--but that's another topic for another thread). There's a company here in the Philippines called Advanced Contact Solutions that had to layoff hundreds of contact center employees for one account because that US company went bankrupt. If Citibank were to go under, tons of people the world over would lose jobs. You can't imagine the number of people hoping the best for US companies since their own lives depend on it.

Like the saying goes: When America sneezes, the rest of the world catches pneumonia. Maybe except China, it supplies the cold / flu medicine for the US :D

It isn't, but the government has legislation to back it up and if they decide to do something you can't do anything about. I can think of one potential risk of nationalizing the banks under the government and it would be that much easier to force their way with moving the NAU along or even totally demolishing the dollar and replacing it with something else.

It is bad enough the way it is with our central banking system... I have quoted him once and will do so again:

"The central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution. I am an Enemy to all banks discounting bills or notes for anything but Coin. If the American People allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the People of all their Property until their Children will wake up homeless on the continent their Fathers conquered."

~ Thomas Jefferson ~

hehe probably the truth...

We are all fucked

So true. :2 cents: