Friday, November 18, 2011

Today's Teamster News 11.18.11

68% of the Sons of the 1% Work at Their Dad's Company  The Atlantic Monthly   ...If the members of the top 1 percent are there because of connections or political power—rather than by the force of their talent, energy, and motivation—then we should be rightly critical about claims that they merit their fortunes, and question the contribution they make to economic productivity...
Goldman Sachs Sets Aside $10 Billion for Bonuses While Hemorrhaging Money  International Business Times   ...The company's stock, meanwhile, has fallen by 43 percent since the beginning of 2011, and 1,300 employees were laid off in the third quarter alone, with 1,000 more layoffs expected by the end of the year...
Americans for Prosperity Florida Bringing Some Interesting Individuals on "Education" Tour  Broward-Palm Beach New Times   ...Among the "influential leaders" AFP Florida is bringing on this tour is Brandon Darby, the former FBI informant who infiltrated groups that were planning protests of the 2008 Republican National Convention...
Mayor Urges Detroit to Accept Drastic Action to Fix Finances  New York Times   ...Mayor Dave Bing told Detroit on Wednesday evening that its finances were in dismal shape and that without major concessions from unions, the privatizing of some city services and layoffs, Detroit would run out of money by early next year...
‘Right-to-work,’ employment law reform top Chamber legislative priorities  PoliticMo   ...Weeks away from the start of the 2012 session of the Missouri General Assembly, Missouri’s leading business group released its list of legislative priorities...
Kasich promises talks on new workers’ comp plan  Columbus Dispatch   ...Organized labor erupted when Gov. John Kasich and Republican lawmakers proposed, passed and signed major changes to collective bargaining for public employees. Kasich doesn’t want the same thing to happen with potential changes to the Bureau of Workers’ Compensation...