Sunday, January 1, 2012

Today's Teamster News 01.01.12

A Christmas Message From America's Rich  Rolling Stone   ...People like Dimon, and Schwarzman, and John Paulson, and all of the rest of them who think the “imbeciles” on the streets are simply full of reasonless class anger, they don’t get it...What makes people furious is that they have stopped being citizens...
This is crony capitalism   LDSGeek   ...Crony capitalism - a capitalist economy in which success in business depends on close relationships between business people and government officials...
Delegation Slams Treasury Report On Chinese Currency  Lewiston Sun Journal   ...the Obama administration stopped short of accusing labeling China a currency manipulator. The issue has been taken up by some congressional lawmakers who believe the currency’s low market value is doubling as a trade subsidy for Chinese exporters while costing American jobs...
China and India Really Are Cheap Labor in Manufacturing  Economic Populist   ...Manufacturing labor costs in China and India are 4% of the United States for 2009...
The Shadow Superpower  Foreign Policy   ...Forget China: the $10 trillion global black market is the world's fastest growing economy -- and its future...
Unemployed Portuguese told to 'just emigrate'   al-Jazeera   ...Portugal's prime minister has been criticised for suggesting that unemployed youth leave the country to find work...
Protesters Occupy New Year in Zuccotti Park  New York Daily News   ...Protesters occupied New Year’s Eve inside Zuccotti Park late Saturday, creating a steel mountain of NYPD barricades in its plaza as thousands of cops were busy protecting Times Square...
As John Doe Probe Heats Up - Past Misdeeds Plague Walker  Politiscoop   ...the speculation into what had transpired grows and Scott Walker's questionable past starts to come to light...