Sunday, August 3, 2014

Today's Teamster News 08.03.14

State Battles
Scott Walker: Wisconsin GOP Considering Expanding Anti-Union Restrictions To Police, Firefighters  Huffington Post   ...Wisconsin Gov. Scott Walker (R ) said this week that state Republicans might expand the state's controversial restrictions on collective bargaining to the two sectors spared from the new law more than two years ago...
Bruce Rauner channeled part of fortune to Cayman Islands  Chicago Sun-Times   ...(Illinois gubernatorial candidate) ultimillionaire Republican Bruce Rauner has channeled at least part of his fortune into the Cayman Islands, a Caribbean paradise long criticized as a tax haven for American investors...
The War on Workers
GOP pushing Labor Department to go easy on wage theft  Peoples World   ...Right-wing Republicans who run the House Education and the Workforce Committee are apparently pushing the Labor Department to ease up on wage theft, in favor of "compliance assistance" - department counsel to businesses.  But DOL is resisting, an advocate for low-wage workers says...
Big Banks Still a Risk  New York Times   ...The threat of high-cost taxpayer bailouts remains very much with us...
America’s Most Hated Banks  truthout   ...In a list of major banks reviled by Americans in order of volume of complaints, Bank of America takes first place, followed by Wells Fargo, JPMorgan Chase and Citibank...
Senate Bombshell Testimony Today: Citigroup and Bank of America Stock Worthless Without Implied Government Guarantees  Wall Street on Parade   ...“The warranted rate of return on the stock of deeply undercapitalized firms like Citi and B of A [Bank of America] would have been sky high and their stock would have been declared worthless long ago if market participants were not convinced that authorities are afraid to force them to resolve their weaknesses...”
Worker Killed Along Schuylkill County Road  WNEP   ...Crews at the scene said the victim was working as a flagger in a work area...
Miscellaneous
The Rare, Solid Manufacturing Jobs Report  manufacture this   ...The country added 28,000 factory jobs in July. That’s the best monthly total manufacturing employment has seen since … November 2013, and it’s roughly the kind of number we’ll need to see every month through January 2017 if President Obama is to reach his goal of 1 million new manufacturing jobs for the U.S. economy during his second term...