Monday, October 20, 2014

Today's Teamster News 10.20.14

Teamsters
Ikea and union to start mediation  Vancouver Sun   ...Mediation is set to begin Monday between Ikea and the Teamsters’ Union Local 213, which represents employees at the company’s store in Richmond...
Coakley, Baker rally supporters as election looms  Boston Globe   ...At a cavernous union hall in Charlestown Sunday morning, her voice resonating off the walls, Democrat Martha Coakley exhorted members of Teamsters Local 25 to get out the vote for her...
Casino question could be a jackpot  Boston Herald   ...“Obviously Question 3 (the repeal initiative) is a big question for organized labor and also for the economy of Massachusetts,” Teamsters Local 25 President Sean O’Brien said yesterday at a raucous Charlestown rally of hundreds of union members for Democratic candidate Martha Coakley...
Trade 
The TPP Would Enroll More Online Spies  Public Citizen   ... the proposed Trans-Pacific Partnership (TPP) includes draft rules that would increase significantly the role of online service providers in keeping an eye on their users, under the pretext of combatting copyright piracy. Even if you are not an infringer, your Internet service provider (ISP) will be watching you, just in case...
Jack Lew Sees No Evil: Treasury Fails To Name China as a Currency Manipulator for the 12th Time  Economic Policy Institute   ...China purchased $681 billion in total foreign exchange reserves between December 2012 and June 2014, and more than $2 trillion since this Administration took office. Currency manipulation by China and approximately 20 other countries has increased the U.S. trade deficit by $200 to $500 billion. Elimination of currency manipulation would create 2.3 million to 5.8 million U.S. jobs, without raising public spending at all (indeed, reducing the trade deficit through currency re-alignment would reduce the federal budget deficit)...
TPP proposal is a bad deal (LTE)   News and Sentinel   ...I do not want my children to wonder where they are going to work because manufacturing will be done in third world countries for pennies on the dollar...
State Battles
Snyder, Schauer spar over fairness of tax rewrite  Lansing State Journal   ...Democrat Mark Schauer is centering his populist message against Republican Gov. Rick Snyder around a 3-year-old tax overhaul that lowered the burden on business but raised it on individuals...
Letters: State worse under Walker (LTE)   Post-Crescent   ...the state’s median income has dropped from $54,210 in 2009 to $51,647 in 2013 and that the percentage of children living in poverty has risen from 13.3 percent in 2008 to 18.4 percent in 2013...
War on Workers
The Social Security office of judges who hear appeals for disability benefits is 990,399 cases behind  Washington Post   ...What’s left now is an office that costs taxpayers billions and still forces applicants to wait more than a year — often, without a paycheck — before delivering an answer about their benefits...
Poor kids who do everything right don’t do better than rich kids who do everything wrong  Washington Post   ...rich high school dropouts remain in the top about as much as poor college grads stay stuck in the bottom — 14 versus 16 percent, respectively. Not only that, but these low-income strivers are just as likely to end up in the bottom as these wealthy ne'er-do-wells...
Ebola fear, monitoring eases for some in Dallas  Associated Press   ...Ebola fears began to ease for some Monday as a monitoring period passed for those who had close contact with a victim of the disease and after a cruise ship scare ended with the boat returning to port and a lab worker on board testing negative for the virus...
Harold Meyerson: How workers lost the power struggle — and their pay raises (opinion)  Washington Post   ...The distribution of income is a function not just of global forces but also of social and institutional power. And over the past four decades, U.S. workers have suffered a loss of power that may exceed even their loss of income...
Behind Private Equity’s Curtain  New York Times   ...public employees are relying on their pensions for financial security. Private equity firms are relying on their pensions, too. Over the last 10 years, pension funds have piled into private equity buyout funds. But in exchange for what they hope will be hefty returns, many pension funds have signed onto a kind of omerta, or code of silence, about the terms of the funds’ investments...