Top 1% Got 93% of Income Growth as Rich-Poor Gap Widened Bloomberg ...The 1.2 million households whose incomes put them in the top 1 percent of the U.S. saw their earnings increase 5.5 percent last year, according to estimates released last month by the U.S. Census Bureau. Earnings fell 1.7 percent for the 96 million households in the bottom 80 percent -- those that made less than $101,583...
After Mortgage Settlement, Banks Continued Abusive Practice, California Monitor Says Huffington Post ...The five big banks that agreed in a $25 billion mortgage settlement to reform foreclosure practices have continued to "dual-track" homeowners, an abusive technique that pushes families out of homes they thought their bank was trying to help them save, according to a new report by a monitor overseeing the settlement in California...
GOP Consultant: Koch Brothers Bought Ryan’s Nomination With $100 Million Promise The National Memo ...David Koch played a key role in Ryan’s selection and that Koch’s wife Julia had been quietly lobbying for Ryan. The selection was cemented at the July 22nd fundraiser Koch held for Romney at the former’s sumptuous Hamptons estate. Koch pledged $100 million more to C-4 and Super PAC efforts for Romney [in exchange] for Ryan’s selection...
Groups Join Forces to Oppose Amendment 3 Tampa Bay Times ...Florida religious leaders, labor unions and senior citizens marched to the state Capitol on Monday to protest a proposed constitutional amendment they say will lead to massive cuts to education and crucial social services...
Teamster UPS Driver Dies In Tragic Workplace Shooting Teamsters Joint Council 32 ...On Thursday, September 27, 2012, UPS Driver Keith Basinski was tragically killed while making a pickup in Minneapolis, Minnesota…A Memorial Fund has been established for the Basinski family...
Teamsters OK Nichols labor deal, end dispute American Metal Market ...Nichols Aluminum LLC and the Teamsters union have agreed on a new five-year labor contract, putting an end to a nine-month dispute...