Monday, December 17, 2012

Today's Teamster News 12.17.12

The Corporations versus the American People Battleground is the Fiscal Cliff  Economic Populist   ...Corporations are literally posing as grassroots activists with media appearances, twitter accounts, social media, major articles and dedicated websites, all in an effort to hoodwink the American people into signing onto having their social security cut along with their health benefits...
Commentary: Right-to-work legislation is a mistake for Michigan  Detroit News   ...With Michigan's economy finally stabilizing, thanks in no small measure to the unprecedented level of cooperation between the auto unions and management over the past five years, a rational person would think the business community and politicians would want to leave well enough alone...
Obama schedules private meeting with Ambassador Rice, readies signature for Russian trade bill  Associated Press   ...The bill establishes permanent normal trade relations with Russia and eliminates a long-obsolete 1974 provision, called the Jackson-Vanik Amendment, that tied trade relations with the former Soviet Union to the emigration of Jews and other Soviet minorities...
The Worst CEOs of 2012  Bloomberg   ...Brian Dunn, who resigned as chief executive of Best Buy (BBY) in April after allegations surfaced that he had an inappropriate relationship with a much younger subordinate. That’s not why he’s on the list, though. Declining stock price, cratering same-store sales, loss of market share to more nimble competitors, and an addiction to share buybacks that cost the company $6.4 billion with little to show for it—that’s why he’s on the list...
Judge hears arguments in right to work lawsuit  Post-Tribune   ...Attorneys for Indiana and a local union argued Friday afternoon whether a federal lawsuit aimed against the state’s right-to-work law should continue...
Payday lenders back in business with looser regulations  Milwaukee Journal Sentinel   ...Many of the lenders have shifted from payday loans that were good for as little as two weeks to what they call installment loans - high-interest loans that don't fall under payday lending regulations. Installment loans can have annual interest rates of 500% or more...
WI: Elected officials receive unlimited time off, and Walker sure takes his  Wisconsin Reporter   ...Gov. Scott Walker did almost no official work in the days leading up to the Nov. 6 election, according to new information released to Wisconsin Reporter — meaning the governor essentially has taken off at least two months this year, not including weekends...