Monday, September 9, 2013

Today's Teamster News 09.09.13

Left With Nothing  Washington Post   ...This man owed $134 in property taxes. The District sold the lien to an investor who foreclosed on his $197,000 house and sold it...
Welfare Doesn’t Pay Much, But it’s More Than Minimum Wage in 35 States  care2.com   ...many of the “benefits” the authors tout as welfare are housing, medical and food subsidies that are often used by families who work at minimum wage but still need state or federal support because their pay is so low...
SEC considers rule comparing CEO pay with workers  CNN Money   ...Last year, Oracle (ORCL, Fortune 500) CEO Lawrence Ellison made $96.1 million, Exxon Mobil (XOM, Fortune 500)'s R. W. Tillerson made $40.2 million and Wal-Mart (WMT, Fortune 500)'s Michael Duke made $20.7 million. Soon, the SEC might require those companies to say how those salaries compare with the folks who work for them...
Charts from BLS Employment Report Show Bad Jobs Continue to Rule in 2013  Economic Populist   ...Probably the worse news of this report is July was revised down by 58,000 jobs to show only a 104,000 payroll gain and June was also revised down by 16,000 to 172,000 jobs added for that month.   Additionally the types of jobs gained are mostly low paying ones...
Why business needs a stronger labor movement  MSNBC   ...Capital’s current hogging of corporate income is doing very little to create actual prosperity, except for stockholders—and eventually it won’t create prosperity even for them...
The Missing Pieces in the Criminal Probe of JPMorgan’s Energy Trading  Wall Street on Parade   ... if FERC’s investigation was obstructed, if it was unable to obtain all the documents and information it needed, how was it able to craft a reasonable settlement on behalf of ripped-off electricity ratepayers and the taxpayers who have footed the bill for this stonewalled investigation for two years?...
Study: “Beginning of the Longest Period of Economic Decline in American History”  Before It's News   ...It’s no secret that the middle class is dying a slow and horrible death, which will ultimately lead to impoverishment of the majority of our population. As of right now 100 million Americans are already living at or near poverty – and this is supposed to be an economic recovery!...
Texas Helpless to Prevent Another Fertilizer Plant Explosion  care2.com   ...Given that about 150 Texas businesses similarly house massive amounts of highly explosive fertilizer, Texas fire departments have taken it upon themselves to help prevent a similar disaster from happening again. However, some businesses are refusing to consent to an inspection and — unfortunately — the law is on the businesses’ side...
Wisconsin’s Biggest Use Tax is Hidden in Governor Walker’s Budget.  Wessels Elder Law   ...For every dollar someone uses in Medicaid when they are in a nursing home, they will have to pay it back when they die, or when their spouse dies...
Charter schools propped up by state funding – how much is your school district losing?  Plunderbund   ...99% of Ohio’s school districts lose students to charter schools and of those that do, 95% lose more money per pupil than they actually receive from the state...
Moral Monday demonstrations slated in Jacksonville  JDNews.com   ...Members of the Onslow County Democratic Party will gather outside Jacksonville City Hall from 5 to 6 p.m. Sept. 9 and subsequent Mondays to October...
Uneven Progress: What the Economic Recovery Has Meant for California’s Workers  Labor's Edge   ...Even after three years of job growth, California has about 600,000 fewer jobs than it did prior to the recession, and unemployment remains high in many parts of the state...