Senators blast financial regulators over 'prosecution-free zone for large banks' The Hill ..."If you're caught with an ounce of cocaine, the chances are good you're going to jail," said Sen. Elizabeth Warren (D-Mass.) at the Banking Committee hearing. "Evidently, if you launder nearly $1 billion for drug cartels and violate our international sanctions, your company pays a fine and you go home and sleep in your own bed at night."...
Study Demolishes the Myth That U.S. Workers Lack Skills In These Times ... “The problem isn’t a malfunctioning ‘talent pipeline.' The problem is a sputtering job-creation machine, in both the quantity and quality of jobs created.”...
The children going hungry in America BBC ...Child poverty in the US has reached record levels, with almost 17 million children now affected. A growing number are also going hungry on a daily basis...
Yes, America’s trade deficit with China just rose AGAIN. manufacture this ...the U.S. trade deficit with China jumped 14% from the previous month: ...While not a record, it is 6% larger than last year's historically high average...
Costco CEO: Raise The Minimum Wage To More Than $10 Per Hour Huffington Post ...paying employees good wages makes good sense for business," Jelinek said in a statement. "We pay a starting hourly wage of $11.50 in all states where we do business, and we are still able to keep our overhead costs low."...
Europe's recession deepens - ECB CNN Money ...The European Central Bank downgraded its forecast for the eurozone economy Thursday but decided against cutting interest rates to a new record low despite tame inflation, record unemployment and political instability in Italy...
Koch Brothers Organize to Stop Medicaid Expansion in Arizona, Nationwide Blog for Arizona ...Americans for Prosperity-- the Koch Brothers' astroturf group-- is organizing the citizenry to fight against their own self interests to defeat Medicaid expansion...
No matter how you spin job numbers, Wisconsin near bottom compared to other states The Cap Times ...going back two years, Wisconsin is No. 50 in percentage change, with an actual decline of 15,900 jobs since January 2011...
Kasich, Yost in showdown over JobsOhio Columbus Dispatch ...State Auditor Dave Yost issued a subpoena for the financial records of JobsOhio yesterday after Gov. John Kasich’s privatized economic-development agency failed to turn them over...
Snyder's numbers still down in the dumps Public Policy Polling ...Rick Snyder's numbers are not recovering yet following the plunge they took in December after he signed the right to work law. Only 37% of voters in the state approve of the job he's doing to 54% who disapprove...
Council votes to appeal Snyder's plan for emergency manager Detroit Free Press ...The resolution passed by council this afternoon says the city does indeed have a plan to fix the financial problems that have plagued the city for years...
Mark Dayton envisions minimum wage between $9 and $9.50 Associated Press ...As Minnesota legislators debate raising the state's minimum wage, Gov. Mark Dayton says he'd be comfortable with hiking the rate to $9 or $9.50 per hour...
Plan for LCB privatization is formally introduced Philly.com ...The plan faces a tough fight in the legislature, which for years has been loath to make even minor changes to the state-run liquor model that has been in place since Prohibition ended...
Teachers’ unions fighting restrictions on contract talks in Kansas Kansas City Star ...“We are seeing a lot of things that appear to be a direct attack on teachers...”
Flight Attendants Union Coalition Launches Nationwide Opposition to Knives in Cabin AFA ...The Flight Attendants Union Coalition, representing nearly 90,000 Flight Attendants at carriers across the county, is coordinating a nationwide legislative and public campaign to reverse yesterday's announcement from the Transportation Security Administration (TSA) that effective April 25, knives would be allowed in the aircraft cabin for the first time since 9/11...
