Sunday, January 6, 2013

Today's Teamster News 01.06.12

Payrolls Tread Water Once Again in December 2012  Economic Populist   ...The United States is now down -3.961 million jobs from December 2007, five years ago. The ongoing employment crisis just hit the half decade anniversary...
Secret and Lies of the Bailout   Rolling Stone   ...The federal rescue of Wall Street didn’t fix the economy – it created a permanent bailout state based on a Ponzi-like confidence scheme. And the worst may be yet to come...
Freedom of Speech vs. Wall Street’s Interests  All Things Democrat   ...even if you hate OWS (Occupy Wall Street( and you want to scream at them because you think they’re selfish, dirty hippies who just need to get a job, if you consider yourself an American, you should be appalled by Wall Street’s role in the violent crackdown...
CTJ: Poorest 60% of Americans Get Just 18% of the Tax Cuts in the Fiscal Cliff Deal  Tax Justice Network   ...the richest one percent of Americans will receive the same share of the tax cuts as the poorest 60 percent of Americans...
Labor Groups Pan Walmart Plan to Bring Oversight Approach Used in Bangladesh to the US  The Nation   "...it makes perfect sense that now that they’re facing public relations problems anew around treatment of workers in their domestic distribution system, that they would choose to apply the same public relations scam to that problem that they’ve applied internationally...”
New twist in stricken rig saga: Shell was moving it to avoid tax  The Independent   ...The oil giant will instead suffer a multi-million dollar loss on the exercise after the rig ran aground off the Alaskan coast...
US Army joins battle to save stricken Shell rig  The Telegraph   ...The US Army has been called in to help with the battle to salvage Royal Dutch Shell’s stricken Kulluk Arctic drilling rig, which has now been beached in environmentally delicate waters for nearly a week...
Health Insurers Raise Some Rates by Double Digits  New York Times   ...Health insurance companies across the country are seeking and winning double-digit increases in premiums for some customers, even though one of the biggest objectives of the Obama administration’s health care law was to stem the rapid rise in insurance costs for consumers...
Army Corps tamps down barge worries on Mississippi  Associated Press   ...Efforts taken to keep a crucial stretch of the drought-starved Mississippi River open to barge traffic should be sufficient to avert a shipping shutdown that the industry fears is imminent, Army Corps of Engineers and Coast Guard officials said...