Sunday, October 23, 2011

Today's Teamster News 10.23.11

The Only Way to Save the Economy: Break Up the Giant, Insolvent Banks  The Big Picture   ...a study of 124 banking crises by the International Monetary Fund found that propping banks which are only pretending to be solvent hurts the economy...
Bank’s Collapse in Europe Points to Global Risks  New York Times   ...As Europe’s debt crisis has deepened, a recurring question is how much risk it poses to the United States economy, and especially American banks...
Data on income gains support 99ers’ gripes  Economic Policy Institute   ... In the long period before the most recent recession, from 1979 to 2007, inflation-adjusted incomes of the top 1 percent of households increased 224 percent...
Awake the State organizes to fight Gov. Rick Scott's agenda  Orlando Sentinel   ...With two months until the opening of the 2012 Florida Legislative session, progressives in the state have started to mobilize...
John Nichols: Scott Walker’s anti-jobs agenda is stoking the recall fire (Opinion)  Madison.com   ...The anger with Walker is fueled by the mess he has made of Wisconsin’s economy. Since his policies began to take hold, Wisconsin’s unemployment rate has spiked...
Senate Bill 5/Issue 2: How did we get here?  Youngstown Vindicator   ...the warnings of the Democrats and sound bites of Kasich and Republicans weren’t enough to sway disgruntled union voters...