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Laura Ingraham Mentioned 10's of Thousands of Layoffs in a Certain Sector
Laura Ingraham Show (KTAN) ^ | 22 Aug 11 | Fightinkentuckian

Posted on 08/22/2011 8:46:25 AM PDT by fightin kentuckian

This morning Laura Ingraham mentioned that a friend of hers, who works in the financial sector, predicts that a certain sector of the economy will shed 10's of thousands of jobs later this year. I had to turn off the radio and didn't catch the rest of the comment. Did Laura mention or hint at which sector her friend was talking about?


TOPICS: Business/Economy; Miscellaneous; Society
KEYWORDS: ingraham; job; laura

1 posted on 08/22/2011 8:46:33 AM PDT by fightin kentuckian
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To: fightin kentuckian

Government?


2 posted on 08/22/2011 8:48:04 AM PDT by yldstrk (My heroes have always been cowboys)
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To: yldstrk

you’re kidding, right?


3 posted on 08/22/2011 8:49:22 AM PDT by C. Edmund Wright
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To: yldstrk

> Government?

If only.

But, not a chance.


4 posted on 08/22/2011 8:49:31 AM PDT by Westbrook
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To: fightin kentuckian

Banking, old news.


5 posted on 08/22/2011 8:49:42 AM PDT by Quick Shot (Why are there handicap parking spaces at golf courses....)
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To: fightin kentuckian

Banks. B of A leading the way. Hope the too big to fail aholes crash.


6 posted on 08/22/2011 8:51:43 AM PDT by jessduntno (Obama shanks. America tanks.)
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To: jessduntno

LOL. BTTT


7 posted on 08/22/2011 8:53:13 AM PDT by onyx (If you enjoy FR, support it! If you support Sarah Palin & want on her Busy Ping List, let me know.)
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To: fightin kentuckian

Bank of America plans to lay off 3,500 more workers

http://bostonherald.com/business/general/view/2011_0820bank_of_america_plans_to_lay_off_3500_more_workers


8 posted on 08/22/2011 8:54:09 AM PDT by ilovesarah2012
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To: fightin kentuckian

Likely Bank of America. They got a lot of our taxpayer ‘stimulus’. They are also being sued by AIG for $10 Billion for rolling in bad mortgages into some transactions.

Bank of America committed several crimes; just like some other banks have - but they got caught. So, the ‘little folk’ who did nothing wrong will be fired; and the managment will get perks to reward them for making yet another unethical decision.


9 posted on 08/22/2011 8:55:34 AM PDT by Hodar (Who needs laws .... when this "feels" so right?)
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To: fightin kentuckian

BOA loves Illegals also.


10 posted on 08/22/2011 8:57:00 AM PDT by Cheetahcat (Carnival commie side show, started November 4 2008 ,A date that will live in Infamy.)
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To: fightin kentuckian

Likely Bank of America. They got a lot of our taxpayer ‘stimulus’. They are also being sued by AIG for $10 Billion for rolling in bad mortgages into some transactions.

Bank of America committed several crimes; just like some other banks have - but they got caught. So, the ‘little folk’ who did nothing wrong will be fired; and the managment will get perks to reward them for making yet another unethical decision.


11 posted on 08/22/2011 8:57:05 AM PDT by Hodar (Who needs laws .... when this "feels" so right?)
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To: fightin kentuckian

Buh-rock’s boys in gubmint on Jan. 31, 2013.


12 posted on 08/22/2011 8:58:02 AM PDT by mkboyce
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To: fightin kentuckian

BNY Mellon 1500 being laid off.


13 posted on 08/22/2011 9:04:30 AM PDT by frogjerk (Today is already the tomorrow which the bad economist yesterday urged us to ignore. - HAZLITT)
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To: Hodar

BoA was forced by Paulsen to take TARP money and has repaid it all with interest.

Some reports indicate BoA was bamboozled into buying Merrill Lynch by “fraud” committed by CEO Ken Lewis-

NY Governor Gigolo Cuomo was pursuing “fraud” charges as a pre-election grandstanding move

however the Lewis legal team planned to call both Paulsen and Bernanke as witnesses.

Haven’t heard much about that actually going to trial?


14 posted on 08/22/2011 9:11:07 AM PDT by silverleaf (WS)
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To: fightin kentuckian

Already announced, Bank of America and Citibank are laying off 10000+


15 posted on 08/22/2011 9:12:28 AM PDT by dila813
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To: fightin kentuckian

Finance


16 posted on 08/22/2011 9:13:59 AM PDT by GlockThe Vote (The Obama Adminstration: The flash mob who wonÂ’t leave.)
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To: fightin kentuckian

Recovery doesn’t start until the Feds and Local government are shedding ...100,000’s of jobs...


17 posted on 08/22/2011 9:31:16 AM PDT by mo
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To: dila813

Ouch..Charlotte is gonna tailspin if it’s from their data centers and headquarters.


18 posted on 08/22/2011 9:39:46 AM PDT by Michael Barnes (Obamaa+ Downgrade)
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To: silverleaf

BoA also got ~$100B in secret Fed funding (of $1.2T distributed to all banks) that no one knew about.

http://www.zerohedge.com/news/visualizing-what-12-trillion-secret-fed-bailouts-banking-kleptocracy-looks


19 posted on 08/22/2011 9:47:43 AM PDT by Royal Wulff
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To: Royal Wulff

maybe that’s why Ken Lewis will never go on trial for “fraud” if Paulsen and Bernanke are going to be called as defense witnesses!

co-conspirators


20 posted on 08/22/2011 10:03:20 AM PDT by silverleaf (WS)
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To: fightin kentuckian

Follow this, very scary.

http://www.dailyjobcuts.com/


21 posted on 08/22/2011 10:05:39 AM PDT by sweetiepiezer (I have a Pal In Sarah.)
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To: fightin kentuckian

yall are a bunch of dumb rubes. nobama already explained why this will happen: ATMs

/sarc off


22 posted on 08/22/2011 10:44:12 AM PDT by jbp1 (be nice now)
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To: yldstrk

A lot of states are in the red. At some point they will have to balance their budgets. You can only raise taxes so much before your tax base just shuts off or flees the state.

Eventually, the public sector is going to get walloped. Merely renegotiating union contracts like they did in WI isn’t going to get the job done entirely.

There are already hiring freezes in place in many state and local sectors. That’s not going to get it done either. Departments will have to be merged or eliminated and jobs cut.

The reckoning may not come this year, but it will come.


23 posted on 08/22/2011 11:39:02 AM PDT by randita (Obama - chains you can bereave in.)
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To: sweetiepiezer

That is some sobering reading.


24 posted on 08/22/2011 12:29:00 PM PDT by wally_bert (It's sheer elegance in its simplicity! - The Middleman)
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