Sunday, July 8, 2012

Today's Teamster News 07.08.12

Con Ed Lockout Heads Into Second Week  Hastings Daily Voice   ...John Melia, spokesman for the Local 1-2 Utility Workers Union, which represents about 8,500 employees, said management was trying to bust the union by refusing to bargain in good faith...
Attack of the Central Banks Points to Impending Recession  Economic Populist   ... for the United States, our problem is the trade deficit, it has been negatively impacting U.S. economic growth for over 30 years. That said, so much production has been offshore outsourced to China, raw materials and intermediate components for finished products and other interdependencies could negatively impact the U.S...
Experts think reshoring is not yet a trend  manufacture this   ...for every company that brings jobs back to the United States, there’s a company shipping its jobs away. It’s this insight, coupled with the fact that some American companies are pulling jobs out of China only to send them to other foreign countries that leads people like Professor Leunig to make predictions like the one above....
Debt crisis: Spain poised for further spending cuts  The Telegraph   ...Spain steels itself for further austerity as Greece seeks more time on cuts...
High trucking costs reviving short-line rail industry  Delaware online   ...A railroad company is renovating rusty, overgrown tracks to get at millions of tons of waste rock at an abandoned iron and titanium mine near the source of New York’s Hudson River and the highest peaks of the Adirondacks, part of a widespread resurgence of short line and regional freight lines...
Readers weigh in on debate over public unions (opinion)  Duluth News Tribune   ...Minnesotans and citizens of other states who face similar, fanatically and politically motivated purges of their public unions should understand what they really are — an eventual blow against all unions, which are all workers’ last bastion against the unrestrained and under-regulated wielding of massive corporate power....