Sue Myrick's New Bank - or "Pay Day Don't Always Come on Friday"
Submitted by NCVoter on Wed, 05/16/2007 - 3:58pm
Congresswoman Sue Myrick's (R-NC) new bank will be is offshoring up to 4,000 North Carolina jobs to India. If you live in Winston Salem or Charlotte, you probably know someone whose job will go to India.
Tell Congresswoman Sue Myrick about it
http://myrick.house.gov/contact_Myrick.shtml
Phone calls are good, I called her DC office and they have been hearing about it.
A gesture meant to score points may backfire:
You may recall that awhile back, Congresswoman Sue Myrick (R-NC) said she was pulling her account from Bank of America because that bank is issuing credit cards to illegal immigrants.
Sue Myrick of Charlotte, say the pilot program allows undocumented workers to obtain credit. Myrick recently took her personal accounts to Wachovia in ...
www.alipac.us/modules.php?name=News&new_topic=48
Representative Myrick's new bank, Wachovia is sending our jobs and accounts to India.
OUTSOURCER'S DUTIES FOR BANK GROW
IN FILING, INDIAN FIRM GENPACT DISCLOSES 38 SERVICES IT PERFORMSTuesday, May 15, 2007
In a little more than a year, an Indian outsourcing firm's work for Wachovia Corp.
has grown dramatically, including loan review functions, collections, accounts payable and investment banking analysis.Genpact Ltd. disclosed new details about its relationship with the Charlotte bank
in a securities filing late Friday ....The filing also provides some details on Wachovia's contract with Genpact, which has a holding company registered in Bermuda but makes two-thirds of its revenue from Indian operations. ...
Wachovia hasn't provided details on job losses associated with Genpact but has said its three-year efficiency initiative will cost up to 4,000 jobs.
http://www.charlotte.com/122/story/122228.html
Couldn't Rep Myrick find a bank or credit union in North Carolina that provides jobs in our state?
Meanwhile, customer's accounts and personal information are being viewed by Genpact employees in India.
Bank of America contributed $14,900 to Myrick's campaign, and Wachovia Bank contributed $19,800.
http://www.opensecrets.org/politicians/contrib.asp?cycle=2006&CID=N00002327
Fortunately, you don't have to have a job or own land in order to vote in our country.
Congresswoman Myrick, payday don't always come on Friday, but next election, you can be sure your's will come.
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Good stuff.
I'll try to come back by later and make your links "hot." They're good ones.
Does Myrick Care?
Does it really matter to Sue Myrick that jobs are being moved offshore?
It is more important to her that undocumented workers be prevented from getting credit cards that will allow them to spend more money, help our economy, and pay sales taxes.
John Shaw