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Report: JPMorgan may shed more jobs

Read ArticleArticle Source: msnbc.com
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JPMorgan Chase & Co. will likely start cutting thousands of jobs worldwide beginning next year, Britain's Sunday Telegraph newspaper reports.

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{"commentId":4089888,"authorDomain":"BeyondGreen"}

I think we best be getting on with the promise of making America energy independent.Iran just asked OPEC to reduce production by yet another 1.5 million barrels per day.This past year and the record gas prices played a huge part in our economic meltdown and seriously damaged our society.We keep planning to spend BILLIONS on bailouts and stimulus plans.Bail us out of our dependence on foreign oil. Make electric plug in car technology more affordable. It cost the equivalent of 60 cents a gallon to drive an electric plug in car. The electric could be generated from wind or solar. Get with it! Utilize free sources such as wind and solar. Stop throwing away money on things that don't work. Invest in America and it's energy independence. Create cheap clean energy, create millions of badly needed green collar jobs. Put America back to work. It is a win-win situation. We have to become more poractive citizens, educate ourselves and demand our elected officials move this country forward into the era of energy independence. Jeff Wilson's new book The Manhattan Project of 2009 Energy Independence NOW outlines a plan for America to wean itself off oil. We need a plan and we need it now! www.themanhattanprojectof2009.com  
 
 

{"commentId":4089888,"threadId":"420987","contentId":"2118311","authorDomain":"BeyondGreen"}
    Reply#1 - Sun Nov 16, 2008 7:44 PM EST
    {"commentId":4105043,"authorDomain":"jkintu2006"}

    Can't you read??? This story is about pending lay-offs at JPM not your energy rants.

    {"commentId":4105043,"threadId":"420987","contentId":"2118311","authorDomain":"jkintu2006"}
      #1.1 - Tue Nov 18, 2008 2:26 AM EST
      Reply
      {"commentId":4095731,"authorDomain":"williambarentine1"}

      Why not just get rid of 1 of the major problems this country now faces?

      J.P Morgan/Chase.

      Cures a lot of headaches!

      {"commentId":4095731,"threadId":"420987","contentId":"2118311","authorDomain":"williambarentine1"}
        Reply#2 - Mon Nov 17, 2008 12:09 PM EST
        {"commentId":4099445,"authorDomain":"jgb2010"}
        Coaster 1Deleted
        Reply
        {"commentId":4096868,"authorDomain":"jlgab"}

        With all the jobs lost here in America, wouldn't it be nice if all the jobs Bush sent overseas would come back to AMERICA?  McCain thought jobs would be created by continuing Bush's corporation tax cuts.  After 8 years of Bush giving corporations tax cuts, where are the jobs?  They are overseas, not in AMERICA.  Why can't all the call centers in India be moved to Small-Town America?   Typical GOP support of Big Business. 

        Thank goodness for Bush's economic stimulus checks - whew, where would our economy be without those ever 'important' checks that were supposed to revive the economy.  Also, our economy wouldn't be suffering as bad if we weren't shoveling all those billions of dollars into Iraq to support a corrupt war that Bush started off lies.  Under Idiot Bush, corporations like Exxon were allowed to gouge prices at the gas pumps so shareholders could pocket record profits which obviously were NOT stuck back into the economy.  Rich individuals got nice big fat checks back which were also pocketed and NOT stuck back into the economy. 

        {"commentId":4096868,"threadId":"420987","contentId":"2118311","authorDomain":"jlgab"}
        • 1 vote
        Reply#3 - Mon Nov 17, 2008 1:37 PM EST
        {"commentId":4096887,"authorDomain":"jlgab"}

        If you need a job consider this:  it appears there are plenty of jobs in the gun industry. 

        For up to now, people never needed automatic guns, especially during the past 8 years of an idiotic dictator.  NOW all of a sudden a Democratic is in office and well now they have to buy a gun they have yet to want or need.  There is absolutely NO COMMON SENSE here.  The only statement being made is how stupid some people are.  Like it is too much to ask of people to not buy one or two types of guns just to see if crime decreases, especially when there are thousands of guns they can still buy! Good Grief!  Stop the Insanity! 

        As people should have to pass an IQ test in order to have children, so should people have to pass an IQ test to own a gun.  

        Just what we do NOT need, a bunch of pissed-off hateful (no doubt some inbred) fanatics running wild armed with guns! 

        {"commentId":4096887,"threadId":"420987","contentId":"2118311","authorDomain":"jlgab"}
          Reply#4 - Mon Nov 17, 2008 1:39 PM EST
          {"commentId":4100389,"authorDomain":"lmaccarato"}

          JP Morgan/Chase comes from the Federal Reserve Bank brotherhood.  It borrowed back it's own money, bought up Bear Stearns and WAMU and now the American Taxpayer will repay JPMorgan back the funds used to purchase these companies.  What a farce !!  Bear Stearns is also "Federal Reserve Bank.  Read up people, these bankers are raking us over the coals with the help of our own government officials.  The Federal Reserve Bank is privately owned, and JP Morgan and Bear Stearns are two of the offsprings/owners.  The US Constitution forbids our Treasury from borrowing from the Federal Reserve Bank, yet our congress just hurredly pushed through another 700 billion dollar loan package, why??  Our congress is controlled by these bankers right down to whether or not they remain in their congressional and senate seats.  Your vote quit counting many decades ago.   Read up on "The Federal Reserve Bank"  , read up on Kennedy vs the Federal Reserve Bank, get educated and informed as this is going to be one hell of a fight to free ourselves from this mess, you had better believe it.

          {"commentId":4100389,"threadId":"420987","contentId":"2118311","authorDomain":"lmaccarato"}
            Reply#5 - Mon Nov 17, 2008 6:09 PM EST
            {"commentId":4102899,"authorDomain":"mbrad45"}

            I'm a gun owner. My IQ was once guaged at 148; don't know if it was accurate.  I don't think I'm inbred, hateful or fanatic.  I have eight years of post high school education.  Before retiring at age 48 a year ago, I spent five of those years repairing kids coming home from an illegal war all chopped to pieces and wearing an Army uniform 14 hours a day.  I belong to the NRA and voted for our new President. 

            Pidgeon holing groups of people isn't the answer. 

            One of the major problems in this country IS the banking industry.  Hell, the Federal Reserve isn't even a governmental entity.  Yet it sets our country's economic tenor and controls our money supply.  The Founders were careful to sternly warn us about banks and their power over a constitutional republic.  Andrew Jackson won a major battle with them as did Lincoln.  Wilson brought them back onto the national stage in 1913 following a vote of three members of the Senate after it recessed for Christmas. 

            What we're witnessing in the world economic system is the downside of globalization; pushed by Bush I, Clinton and Bush II.  I'm still trying to figure out what Bush I meant all those years ago when he used the phrase New World Order - a phrase echoed in a speech this past weekend by PM Brown of England following Bush II's economic summit. 

            It doesn't take a conspiracy theorist or paranoid freak to see that those who developed the problem are the ones offering a solution to it; a solution that consolidates more and more resources into the hands of fewer and fewer people and a system controlled by big pharma, big chema and big agri - all backed by a banking industry which has been allowed to run amok with deregulation the past two decades. 

            May be crazy but if some of us see this as a reason to arm our butts to the teeth, I'm making no apologies Jodi.

            {"commentId":4102899,"threadId":"420987","contentId":"2118311","authorDomain":"mbrad45"}
              Reply#6 - Mon Nov 17, 2008 9:40 PM EST
              {"commentId":4106185,"authorDomain":"garywgraham"}

              I think that every company has to downsize because of reduced profits but maybe employees should not always be given the shaft . management often does this because the motre theydownsize the higher the stock goes for them as they all have hugh stock options as soon as they sign on

              Gary graham
              saskatoon sask canada
              the wolf

              {"commentId":4106185,"threadId":"420987","contentId":"2118311","authorDomain":"garywgraham"}
                Reply#7 - Tue Nov 18, 2008 7:29 AM EST
                {"commentId":4106807,"authorDomain":"garywgraham"}

                I dont know what replubicans are thinking in wanting auto industry to bust with 7 millions jobs affected .Give them a leg up so they can survive until 2010 when new hybrid cars will be coming out because governments around the world are bailing out there auto industries(just kevel the playing field for auto makers) and if allowed to go down will create a world wide depression worst that 1930,s and no one wants that a senior like me or younger peopleAs the consumer economy would collapse.

                gary graham
                saskatoon sask canada .
                l

                {"commentId":4106807,"threadId":"420987","contentId":"2118311","authorDomain":"garywgraham"}
                  Reply#8 - Tue Nov 18, 2008 8:46 AM EST
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