Sunday, July 29, 2012

Today's Teamster News 07.29.12

Job Study Tells a Terrible Tale for U.S. Workers  Instapopulist   ...One the most damning findings is how many people middle aged are lasting in a job. When late baby boomers were in their 40's, a third of them had jobs which didn't last a year and almost 70% of 'em were out of a job in less than five years...
Fed Governor Speaks Out For Stronger Rules  The Baseline Scenario   ...A powerful new voice for financial reform emerged this week – Sarah Bloom Raskin, a governor of the Federal Reserve System. In a speech on Tuesday, she laid out a clear and compelling vision for why the financial system should focus on providing old-fashioned but essential intermediation between savers and borrowers in the nonfinancial sector...
German Solar Companies Also Bring Trade Complaint Against China  Trade Reform   ...Oil-backed Republicans are fighting our solar industry tooth-and-nail, complaining that the Obama administration attempted to foster an alternative-energy industry that could bring us a share of millions of new jobs and trillions of dollars...
"Voluntary" Work Program Run in Private Detention Centers Pays Detained Immigrants $1 a Day  Truthout   ...In private prisons around the country, immigrants languishing in detention centers are being put to work by profit-making companies like the Corrections Corporation of America (CCA) for far below the minimum wage. For doing a range of manual labor in the facility, the immigrants, many of whom are not legally permitted to work in the United States, are paid between $1-$3 a day...
The Corporate Rot Eats Away at Wisconsin  The Progressive   ...The corporate coup d’etat in Wisconsin is harder to ignore since June 5 when Scott Walker was deemed winner of the recall election...
Garbage strike enters day 4  kirotv.com   ...Strikers are refusing to put down their signs until Waste Management resumes negotiations, but the company said it won’t happen until the picket lines come down...