There is an old adage. “Whats good for business is good for America.”Its simply not true. Sure there are plenty of reasons why companies move offshore but that does not make the statement any less false. Whats good for business is good for business and will remain so until we get unions under control and the government less involved in private enterprise.
Bank America paid back their TARP they were forced to take- with interest
They are free to do business in the most economical way they can, to benefit their stockholders and customers
There may be fewer BoA bank clerks in the US but there will be more customer and stockholder wealth to spread into other opportunities
Capitalism is a grand thing - if we stop letting obamite liberals poison us to it
I wander how many commies at MoJo buy American?
Instead of tax incentives for targeted enterprises, how about lower taxes on business (the U.S. currently is the highest in the world) and getting rid of the minimum wage. Boom. Jobs.
nothing but Mother Jones predictably pushing Obama to take a populist run at the banks
Mother Jones is not a good source for facts let alone truth. They are a bunch of “long-haired, dope-smoking, maggot-infested, good time rock ‘n’ roll plastic banana FM types.” and proud of it.