JPMorgan to trim 4,000 jobs, many in consumer bank - WSJ.com

JPMorgan to trim 4,000 jobs, many in consumer bank - WSJ.com

JP Morgan layoffs are just more proof that the consumer is dying and that the Federal Reserve is propping up assets in order to kill the consumer. The consumer cannot afford the inflated prices of assets that come from speculation and a weakening of the dollar. Speculation is the central way bankers skim profits from all of us. It must be modified and big investment banks should not be able to take large positions in the futures markets. 

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