Thursday, January 30, 2014

Today's Teamster News 01.30.14

Teamsters Speak Out at Lobby Day in Olympia  teamster.org   ...Correctional employees teamed up with taxi cab operators, warehouse workers, nurses, cooks and county and city employees for dozens of meetings with legislators...
Whitney Foods Workers Join Teamsters Local 703  teamster.org   ...Chicago distribution workers with Whitney Foods are now members of Teamsters Local 703 after the company voluntarily recognized its employees’ right to join the union last fall...
Collective Bargaining: How to Negotiate Strong Teamster Contracts  teamster.org   ...The IBT Training and Development Department is conducting a Teamsters Leadership Academy on collective bargaining, March 11-14, 2014...
Allegiant Air Pilots to Meet with Investors, Analysts to Discuss Operating, Safety Concerns  teamster.org   "...the major service disruptions over the last several months, ranging from multiple fleet shutdowns, chronic staffing and equipment shortages, significant ramp-up in 3rd party contracting for scheduled flights and sub-servicing and the shutdown of the company’s training department, all flow from the short-sighted decisions being made at the top.”...
New poll shows voters overwhelmingly oppose Fast Track  TeamsterNation   ...Voters by a 2-to-1 margin oppose Fast Track authority to pass trade deals, according to a new poll by Hart Research released today...
Reid Deals Body Blow to Obama on Trade  Wall Street Journal   ...Senate Majority Leader Harry Reid broke publicly with the White House Wednesday on trade policy, instantly imperiling two major international trade deals...
Even Companies Need to Know More about Fast Track, TPP  teamster.org   ...Sen. Sherrod Brown (D-Ohio) raised the issue of trade provisions that would allow foreign companies to sue governments before international tribunals
Fight back against currency manipulation   McClatchy   ...we need to increase sales of goods and services made in the United States, which means expanding exports, reducing imports and shrinking our trade deficit. Currency manipulation, by about 20 countries (mostly in Asia), is the single most important cause of our trade deficit...
Asian Shares Slump After Fed Action  Wall Street Journal   ...Market turmoil returned to Asia Thursday, with Japanese stocks at one point slumping more than 3%, after the U.S. Federal Reserve said it would scale back further on its stimulus measures...
Is A New Economic Crisis At Hand?  TripleCrisis   ...AT the end of last week, several developing countries saw sharp falls in their currency as well as stock market values, prompting the question of whether it is the start of a wider economic crisis. The sell-off in emerging economies also spilled over to the American and European stock markets, thus causing global turmoil...
K Street's Fortunes Decline for Third Year  OpenSecrets   ...For the third straight year, spending on K Street is down, with only a handful of industries spending more on lobbying in 2013 than they did in 2012...
Fortune 50 CEO pay vs. our salaries  CNN Money   ...With a staggering total compensation package of $378 million for 2011, Apple's Tim Cook takes the cake for the highest Fortune 50 CEO-to-typical-worker pay ratio. Indeed, it takes 6,258 typical Apple worker salaries to match Cook's total pay...
The Stealth Privatization of Pennsylvania's Bridges  TruthOut   ...Pennsylvania Gov. Tom Corbett's administration has decided to sign a 40-year contract to privatize the state's crumbling bridges, but there has been little to no media coverage of the deal and what it will mean for two generations of Pennsylvanians...
Fun With Scary Pension Numbers in Chicago  Center for Economic Policy and Research   ...The Chicago Tribune headlined a news story: "Chicago pension tab: $18,596 for every man, woman, child." That's pretty scary. Fortunately my Chicago public school teachers taught me about fractions and denominators. That is what is missing here. The key point is that Chicago does not have to pay this money tomorrow or even over the next year. This is a liability over the next 30 years...