Just a reminder we will resume posting Teamster News on Monday, Dec. 30.
U.S. Flouts Its Own Advice in Procuring Overseas Clothing New York Times ...One of the world’s biggest clothing buyers, the United States government spends more than $1.5 billion a year at factories overseas, acquiring everything from the royal blue shirts worn by airport security workers to the olive button-downs required for forest rangers and the camouflage pants sold to troops on military bases...
PBS Drops a Bombshell on the Federal Reserve’s 100th Birthday Party Wall Street on Parade ...two famous stock market historians made the same stunning announcement – that the Fed has decided its job is to push up the stock market...
Holiday sales down for third week Associated Press ...After a strong start to the holiday shopping season, sales at stores have fallen for the third consecutive week as Americans continue to hold back on spending during what is traditionally the busiest buying period of the year...
Retail Traffic Plunges By "Staggering" 21% In Week Before Christmas zero hedge ...the "eroding middle class can no longer drive activity as it has in the past"...
Charts: The Worst Long-Term Unemployment Crisis Since the Depression Mother Jones ...The economic downturn remains in full effect for millions of Americans, particularly the nearly 40 percent of the unemployed who have been looking for work for six months or more. In less than a week, emergency federal unemployment benefits for 1.3 million of these jobless Americans are set to run out...
Phoenix Becomes First City To End Chronic Homelessness Among Veterans ThinkProgress ...Three years ago, city officials identified 222 homeless veterans living in Phoenix. Using both state and federal funds, the city had successfully housed the last veterans who were living without homes. ..
FALSE: Gov. Scott Walker says protesters surrounded his car, blocked his exit and rocked the vehicle after a 2011 appearance in La Crosse Politifact ...Based on the available information, we think the book’s depiction of what happened -- an organized effort to prevent Walker from leaving that placed him in direct danger -- is False...
De Blasio Hires Goldman Sachs Exec To Make City More Affordable gothamist ...For all his campaign bluster against the two cities New York has become, Mayor-elect Bill de Blasio isn't exactly shying away from some of the people who helped make it that way...
