Sunday, August 11, 2013

Today's Teamster News 08.11.13

U.S. Companies Thrive as Workers Fall Behind  New York Times   ...AMERICAN companies are more profitable than ever — and more profitable than we thought they were before the government revised the national income accounts last week. Wage earners are making less than we thought...
Hidden Billionaire Cohen Hauls Fortune in Unmarked Trucks  Bloomberg   ...The 61-year-old -- who goes by “Rick” -- has transformed C&S into the world’s largest grocery wholesaler since taking the helm of the business in 1989, making him one of the 100 richest people in the world and the wealthiest man in New England...
My ALEC Diary  The Progressive   ...As keynote speaker Stephen Moore, founder of the Club for Growth and writer for the Wall Street Journal, stated, “What we really need is more rich people,” regardless of the cost to everyone else...
Walmart’s big lie: No, it doesn’t create jobs!  Salon   ...Research shows that destroying jobs is an essential component of the retail giant’s anti-worker business model...
Fast Food Wage War: Thousands of Protests Coming This Year, Says Movement Leader  Yahoo Finance   ...there's little doubt that there will be a fourth effort to get to $15 an hour, and probably a fifth and sixth attempt too, as Fast Food Forward pushes for better wages and benefits, as well as the right to organize...
Myth and Reality: The Low-Wage Job Machine  Federal Reserve Bank of Atlanta   ... the growing wage disparity is a trend, not a unique feature of the postcrisis period...
America's Most Dangerous Bridges  Travel and Leisure   ...One thing these bridges have in common, whether in Oregon or Louisiana, is age. All are more than 45 years old, and they’ve got company nationwide. Many structures from the bridge-building boom of the 1950s were designed for a 50-year lifespan, Leshko says. “When you do the math, you can see why we are where we are...”
Why I changed my mind on weed  CNN   ...It doesn't have a high potential for abuse, and there are very legitimate medical applications. In fact, sometimes marijuana is the only thing that works...
State finds ‘manipulation’ of school grading formula  Post-Tribune   ...State education officials have discovered “manipulation” in the state’s school grading formula as part of an ongoing review following the grade-changing scandal which cost education star Tony Bennett his job as Florida schools chief...
Fight For Paid Sick Leave Starts In Massachusetts  ThinkProgress   ...Raise Up Massachusetts, a coalition of labor, religious, and community groups, filed a proposed ballot question that would guarantee that the state’s workers have access to paid sick leave...
Tax cut’s job creation questioned  Columbus Dispatch   ...From June 2005 through June 2013, a span that included a 21 percent state income-tax cut, Ohio saw a 3.9 percent drop in jobs, ranking 47th nationally in job creation...