US Bank announces record profits

• yes please can we blame the banks...i mean they are the reason that...... 1.) I cant get a job 2.) That I live on welfare 3.) That I got into a mortgage I cant afford 4.) That I would rather sit around occupying streets then to look for ANY kind of work list goes on and on but to sum it up I enjoy being an uneducated libtard that has nothing better to do then complain about shit that.. oohhh wait.....I HAVE CONTROL OVER!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

• The press release shows that they made $1.27 million in 3Q 2011. Not billion.

• yeah, that's a great idea.  let's try to tell people how much money they can make.  typical liberal.  your ridiculous statement reminds me of a quote, "liberals want to change the world, and use other people's money to do it."  who are you to say that someone can't make a "ridiculous bonus"?  set your sights a little higher and don't depend on someone else to help you out.  tax them more?  why don't we tax you more?  tax all of us more, that's the answer to everything!  if you want communism, go elsewhere.

• Tax them more.  My main issue with these record profits is that it shows how much is being extracted from the economy for the sake of... breaking records? The head bankers then get ridiculous bonuses, more than they will spend, much just sitting in investments.  Now the rest of the country has less money to fight over.  Makes me thing this is why inflation is so low.   

• what do you want them to do mike, write you a check?  maybe then we'll thrive.  or should we adopt a completely socialist way of life?  let's redistribute everything!!!!!!

• Banks don't print money.  The Federal Reserve does.

• The point is this: Banks now exist outside of, or perhaps in spite of, the American economy. Wouldn't you hope that banks making record profits would indicate that America is thriving? Well, they are making record profits. We are not thriving. Got it now?

• U.S. Bancorp, the holding company for U.S. Bank, has reported net income grew 40.2 percent to $1.27 billion in the quarter ended Sept. 30, up from $908 million in the same period last year. The profit jump came on a 4.5 percent revenue increase over Q3 2010, from $4.59 billion to $4.79 billion.

• Except that US Bank took only the minimum TARP money that the Feds forced them to, paid it back 100% in 90 days (over the objections of the Feds who wanted to establish control over USB) and are known to not charge onerous retail banking fees or practice predatory lending.

• Not every article has to explain the entire, complex context in which it's written.  That context being: banks defrauded the world with fraudulent investments, defrauded the world's governments and people asking for bailouts when those frauds were exposed, effectively stealing from everyone's pockets by printing money as fast as they can, and they continue their thieving practices to this day, all the while adding all sorts of fees claiming they're not making enough money.  These large banks have in general become a cancer to our economy rather than a facilitator.  Record profits are an indicator of this.

• I don't get it...why is profit a bad thing?  What specifically should US Bank be doing differently?  In general, I sympathize with the whole "occupy" movement, but this article is disappointingly simplistic.  Give us more to chew on than the simple formula of "Banks + profit = bad."

• Its pretty short-sighted to think that US Bank makes all their money off of retail banking. It should be viewed as a positive economic trend to see a bank post a year to year profit increase. A loosening credit market means increased borrowing, resulting in, dare I say, profit. 10% unemployment still means that 90% of the population has a job and is therefore making money.

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