Thursday, May 3, 2012

Today's Teamster News 05.03.12

Tea Party Congressmen Accept Cash From Bailed-Out Bankers  Bloomberg   ...Tea Party favorites such as Stephen Fincher of Tennessee were swept into Congress on a wave of anger over government-funded bailouts of banks. Now those incumbents are collecting thousands of dollars for re-election campaigns from the same Wall Street firms whose excesses they criticized. They have taken no significant steps to curb them or prevent future taxpayer-financed rescues...
European Unemployment Rate Rises to Highest in Almost 15 Years  Bloomberg   ...The jobless rate in the 17-nation euro area increased to 10.9 percent in March from 10.8 percent in February...
Mexico tightens rules, lowers weight on trucks  Associated Press   ...one week ago, a double-trailer truck on a two-lane road in the Gulf coast state of Veracruz also lost its rear trailer, which slammed into a bus carrying farm workers, killing 43 people...
Walker campaign pays out $60,000 for John Doe lawyers  Milwaukee Journal-Sentinel   ...In addition, Walker's fund also paid about $52,000 in unspecified expenses to a Milwaukee law firm that is representing the campaign in the John Doe probe...
Incentives no way to build state economy (opinion) Orlando Sentinel   ...Instead of focusing on the fundamentals — things like an educated work force and a quality of life that helps businesses arrive and thrive — we keep throwing good money after bad. It's called the incentives game. And as recent stories about bungled payoffs, unethical arrangements and buddy-buddy deals have revealed, Florida is losing...
Teamsters, Allied Waste talks end without deal; more talks planned  Evansville Courier & Press   ...Allied Waste's union employees are covered by a pension, and (Local 215 President) Whobrey said his members want to remain in this plan. But Allied Waste has said that plan, which is part of the Central States Pension Fund, faces the risk of insolvency in coming years, and the company proposes moving the employees to a 401(K) plan...