Fed can lend money to US companies and stipulate investing it inside the US

[upi402]

It's our money in the form of taxes. It's our country, not the bankers' or the multinational corporations' country.

So, what would stop team Obama-Bernanke from at least throwing this idea out for the Boner-Republicans to fight.
It seems like most Americans would want our taxes spent in-country and used to create jobs HERE.

The same old BS from both parties is ruining America. It's immoral to pour cash on the filthy rich as our nation is bled pale from money heading overseas.

[katnapped]

1. Um, because they don't want that?

They're just A-OK with sending the jobs out of the country and our money to the nobility (because they deserve it and us schlubs don't)

[RandomThoughts]

2. Money overseas is not the problem.

If there are needs in many poor countries, that money used to prop up race to the bottom is a problem.

Also people not educated why that is done does not help them learn.

So money to help stabilize poor countries is a good idea, but much of the corporate method is for profit not that reason, so that would be a double fault if they say it is to help some country then actually hurt it more, like sometimes happens with many ideas.

Race to the bottom has to be avoided.

[notesdev]

3. LOL

> It's our country, not the bankers' or the multinational corporations' country.


You aren't paying much attention, are ya?

We are slaves of the banking cartel and our government is their enforcer.

[upi402]

5. Point taken

:begin self-flagellation:
But McDermott would go for what I'm talkin' about. Am I right?

[FreakinDJ]

4. Or the could have ended Tax Incentives to Outsourse Jobs

[RB TexLa]

6. Yep, God bless America! And NO place else!

[leveymg]

7. Would violate WTO rules we imposed globally in the 1990s, when the game worked in our favor

If you want to change the way the USG spends and allocates money so that it's invested domestically, one needs to change the terms of existing trade obligations under the WTO. At the moment, terms of trade in manufactured goods dramatically disfavor the U.S. overall, and policies that impose restrictions on export of capital and earnings are also barred under WTO treaties.