DeKalb County Workers Nearer to Union Atlanta Journal-Constitution ...DeKalb County took a huge step toward having its first union representing nonpublic safety workers...
Don’t Forget to Register for the Teamster Women’s Conference IBT ...The Teamster Women’s Conference will be held September 19-21, 2013 in New Orleans. Sign up to join your Teamster Sisters and Brothers in this dynamic event while space is still available!...
Shaheen: High Sugar Prices Not Sweet for Jobs Portsmouth Patch ...Speaking to union representatives at the Teamsters Bakery and Laundry Conference in Portsmouth Monday, U.S. Sen. Jeanne Shaheen, D-NH, said high sugar prices are killing manufacturing jobs across the country...
Rally for fair trade Tuesday in Minneapolis Workday Minnesota ...Communications Workers of America President Larry Cohen will headline a rally Tuesday by union members, community groups and others to protest the proposed Trans-Pacific Partnership free trade deal...
Fast-food workers call for nationwide walkout Aug. 29 Washington Post ...Emboldened by an outpouring of support on social media, low-wage fast-food and retail workers from eight cities that staged walkouts earlier this year are calling for a national day of strikes on Aug. 29...
Moral Monday protesters rail against 'Mecklenburg trio' Charlotte Observer ...One of the city’s largest protests – police estimated about 2,000 demonstrators – packed into uptown’s Marshall Park...
Despite nearly 300 arrests, Capitol protest grows Wisconsin State Journal ...Participation in the noontime Capitol protest against Gov. Scott Walker continued to crescendo Monday despite nearly four weeks of almost daily arrests for gathering in the rotunda without a permit...
Americans Get Fewer Paid Sick Days Than Two Decades Ago Think Progress ...Compared to 1993, Americans now get fewer paid sick days from their employers on average, dropping from 10 days a year to eight for a worker who has been with a company for a year. The decrease becomes bigger the longer an employee stays on...
Bangladesh’s Workers Deserve Better New York Times ...Four months after a building collapse killed more than 1,100 factory workers in Bangladesh, their families are still waiting for adequate — and in some cases, any — compensation. This is a shocking lapse by Prime Minister Sheikh Hasina and her government...
Democrats push back on voting rights Washington Post ...After crying foul over Republican efforts to modify election laws in key states, Democrats are launching their own wide-ranging push to change the way Americans vote, kicking off the latest battles in a fight over voting rights that’s as old as the republic itself...
Congressman Brags About ‘Savings’ In Farm Bill, Ignoring Devastating Food Stamp Cuts Think Progress ...Rep. Jeff Denham (R-CA) flagrantly misrepresented what the House has done with the farm bill at a recent constituent breakfast in Turlock, California. Denham claimed the House farm bill cuts twice as much spending as it actually does, misled about the nature of those cuts, and ignored his party’s unprecedented decision to drop food stamps and other anti-hunger and anti-poverty spending from the bill...
The Incredible Con the Banksters Pulled on the FBI (opinion) OpEdNews ...criminal referrals have virtually vanished against the "accounting control frauds" that drive our recurrent, intensifying financial crises...
Fannie Mae and Freddie Mac Said to Avoid Billions in Write-Offs Bloomberg News ...Fannie Mae and Freddie Mac, which have reported record profits after a taxpayer bailout, are ignoring billions of dollars in potential losses on delinquent loans as they take three years to adopt a new accounting system, a government auditor said in a letter made public today...
Samsung hit with lawsuit over labor conditions Washington Post ...Samsung has been named in a lawsuit filed by a Brazilian labor group, which said working conditions at the technology firm’s assembly lines were in violation of Brazilian law. The group is asking for at least $108 million in damages...
Obama goes to bat for Big Tobacco in TPP Action on Smoking and Health ...Legal analysts for the public health community, who were briefed Friday morning in a closed session by administration officials, agreed that the new proposal will do little to protect governments’ right to regulate tobacco...
1,800 Ohio jobs lost Dayton Daily News ...Offshoring continues to impact Ohio with companies cutting at least 1,800 jobs in the state since January, according to petitions for federal assistance from employees, labor groups, and company officials...
Support lacking for BART strike ban San Francisco Examiner ...BART remains the busiest public transit system in the U.S. that does not have a worker strike ban in place, and the route to blocking that right could be a long journey...
There's A New Push To Raise Seattle Minimum Wage To $15 Per Hour Associated Press ...Washington already has the nation's highest state minimum wage at $9.19 an hour. Now, there's a push in Seattle, at least, to make it $15...
Indiana customers due $32M from 6 utilities Indianapolis Business Journal ...Indiana's largest power companies are set to reimburse their customers $32 million after falling short on spending for energy efficiency last year...
Minnesota factories' output up, employment down Minnesota Public Radio ...Minnesota's factories are churning out lots of products like airplane parts and medical devices these days, but they're not exactly going on hiring sprees...
Showing posts with label fannie mae. Show all posts
Showing posts with label fannie mae. Show all posts
Tuesday, August 20, 2013
Friday, May 10, 2013
Today's Teamster News 05.10.13
Fast Food Strike Wave Spreads to Detroit The Nation ...Hundreds of Detroit fast food workers plan to walk off the job beginning at 6 AM today, making the motor city the fourth in five weeks to see such strikes. Organizers expect participants from at least 60 stores, including McDonald’s, Wendy’s, Subway, Little Caesar’s, and Popeye’s locations...
Unions, lawmakers line up against Koch Brothers Los Angeles Times ...California legislative leaders and 10 public employee unions announced opposition Wednesday to any sale of the Los Angeles Times and other Tribune Co. newspapers to a pair of wealthy brothers who fund conservative causes throughout the country...
Fannie Mae to pay $59.4bn back to US taxpayer and forestall debt battle The Guardian ...The government-backed mortgage giant Fannie Mae is to pay $59.4bn back to US taxpayers, in a move that is likely to forestall a looming battle over the federal debt limit...
House approves bill to change overtime pay law Associated Press ...The Republican-led House on Wednesday approved a measure that would give private sector workers the option of trading overtime pay for extra time off weeks or months later...
Bangladesh Garment Factory Collapse Death Toll Reaches 1,000 Bloomberg ...Latest from that horrific building collapse in Bangladesh in April: 1000 bodies have now been found...
Gender Wage Gap Causes Typical Woman To Miss Out On $443,360: Analysis Huffington Post ...
It's still a man's world. And to make a man's amount of money over her career, the typical working women would have to put in an extra decade of work. Because of the gender wage gap, the typical full-time working woman stands to miss out on $443,360 over 40 years...
Trans Pacific Partnership puts member countries' health at risk The Conversation ...International trade agreements bring new transnational food companies into countries, along with new food advertising and promotion. This has often led to an increase in unhealthy foods entering the domestic market...
Colleges Pushing Poor Students Into Debt To Give Aid To Rich Ones Fire Dog Lake ... A report by the New America Foundation details the systematic undermining of the financial aid system by colleges and universities who are using financial aid to attract wealthy students rather than open doors for poorer ones, forcing poorer students to either not attend or take on high debt burdens...
Social Security Agency Says Immigration Bill Aids Economy Bloomberg News ...A Social Security Administration analysis said the Senate’s bipartisan immigration proposal would boost U.S. tax revenue, create jobs and increase the gross domestic product over the next 10 years...
California sues JPMorgan Chase over debt collection Associated Press ...California's attorney general sued one of the nation's largest banks Thursday, alleging that JPMorgan Chase & Co. used illegal tactics in its efforts to collect debts from more than 100,000 credit card holders...
Barrow won't run for Senate in Georgia The Hill Blog ...Rep. John Barrow (D-Ga.) announced he won't run for the Senate in Georgia, dealing a major blow to Democrats' hopes of picking up the seat...
Illinois Senate passes union-backed pension reform deal Belleville News-Democrat ...
The Illinois Senate voted Thursday to send a union-supported pension reform bill to the House, leaving lawmakers with two competing proposals for dealing with the nation's worst state pension problem just weeks before the Legislature is scheduled to adjourn...
N.D. does badly in worker death report Bismarck Tribune ...Workers died in North Dakota at four times the national average in 2011, according to a recent report…
Unions, lawmakers line up against Koch Brothers Los Angeles Times ...California legislative leaders and 10 public employee unions announced opposition Wednesday to any sale of the Los Angeles Times and other Tribune Co. newspapers to a pair of wealthy brothers who fund conservative causes throughout the country...
Fannie Mae to pay $59.4bn back to US taxpayer and forestall debt battle The Guardian ...The government-backed mortgage giant Fannie Mae is to pay $59.4bn back to US taxpayers, in a move that is likely to forestall a looming battle over the federal debt limit...
House approves bill to change overtime pay law Associated Press ...The Republican-led House on Wednesday approved a measure that would give private sector workers the option of trading overtime pay for extra time off weeks or months later...
Bangladesh Garment Factory Collapse Death Toll Reaches 1,000 Bloomberg ...Latest from that horrific building collapse in Bangladesh in April: 1000 bodies have now been found...
Eight dead in yet another Bangladesh garment fire Associated Press ...Not another! “A fire has raced through an 11-story building housing a garment factory and residential complex in Bangladesh’s capital, killing at least eight people.”...
Obama showcases booming Texas economy as he kicks off latest jobs tour Washington Post ...President Obama swooped into the booming Austin area on Thursday to showcase manufacturing growth and technology innovation as he began a series of visits across the country designed to pressure Congress to pass his economic agenda...
Local Fights Against Austerity Are Growing Across the US Truthout ...Between sequestration, with its damaging impact on workers and the economy, and the billions of dollars in cuts to Social Security, Medicare and other necessary social programs that President Obama is pushing, it is evident that the economic policies of both major parties are not intended to promote a recovery for working people...
Gender Wage Gap Causes Typical Woman To Miss Out On $443,360: Analysis Huffington Post ...
It's still a man's world. And to make a man's amount of money over her career, the typical working women would have to put in an extra decade of work. Because of the gender wage gap, the typical full-time working woman stands to miss out on $443,360 over 40 years...
Trans Pacific Partnership puts member countries' health at risk The Conversation ...International trade agreements bring new transnational food companies into countries, along with new food advertising and promotion. This has often led to an increase in unhealthy foods entering the domestic market...
Colleges Pushing Poor Students Into Debt To Give Aid To Rich Ones Fire Dog Lake ... A report by the New America Foundation details the systematic undermining of the financial aid system by colleges and universities who are using financial aid to attract wealthy students rather than open doors for poorer ones, forcing poorer students to either not attend or take on high debt burdens...
Social Security Agency Says Immigration Bill Aids Economy Bloomberg News ...A Social Security Administration analysis said the Senate’s bipartisan immigration proposal would boost U.S. tax revenue, create jobs and increase the gross domestic product over the next 10 years...
California sues JPMorgan Chase over debt collection Associated Press ...California's attorney general sued one of the nation's largest banks Thursday, alleging that JPMorgan Chase & Co. used illegal tactics in its efforts to collect debts from more than 100,000 credit card holders...
Barrow won't run for Senate in Georgia The Hill Blog ...Rep. John Barrow (D-Ga.) announced he won't run for the Senate in Georgia, dealing a major blow to Democrats' hopes of picking up the seat...
Illinois Senate passes union-backed pension reform deal Belleville News-Democrat ...
The Illinois Senate voted Thursday to send a union-supported pension reform bill to the House, leaving lawmakers with two competing proposals for dealing with the nation's worst state pension problem just weeks before the Legislature is scheduled to adjourn...
N.D. does badly in worker death report Bismarck Tribune ...Workers died in North Dakota at four times the national average in 2011, according to a recent report…
Wisconsin Legislature: Panel bars cities from banning large, sugary drinks Associated Press ...No Wisconsin city could prohibit the sale of large, sugary drinks as was recently done in New York City under a provision added to the state budget Thursday...
South Dakota gets first Democratic candidate for Senate The Hill Blog ...South Dakota has its first Democratic contender for the state's open Senate seat in Rick Weiland, whose decision to run could set up a primary rematch between him and former Rep. Stephanie Herseth Sandlin...
Colorado strikes a blow for voting reform Washington Post ...It hasn’t gotten the national attention it deserves, but a sweeping measure to overhaul elections in Colorado is swiftly moving towards passage — one that could function as a model for other voting reformers in other states, and perhaps even nationally...
Poll Shows Strong Lead for Democrat in Massachusetts Senate Race New York Times ...In the special Senate election in Massachusetts, Representative Edward J. Markey, the Democratic nominee, is starting with a strong lead over Gabriel Gomez, the Republican, according to a new poll…
Nevada foreclosure rate led nation in April Associated Press ...After briefly falling from its long-held place as the nation's foreclosure king, Nevada chalked up the highest foreclosure rate in the country for the second straight month in April, a tracking firm said Thursday...
City Council Approves Bill Mandating Sick-Day Pay New York Times ...The New York City Council, after years of impassioned debate, approved a bill on Wednesday that will require many businesses to offer paid time off to sick employees...
Senate measure to raise Delaware minimum wage tabled by House committee Associated Press ...A Senate proposal to raise Delaware’s minimum wage by a dollar over the next two years has been tabled by a House committee...
Non-Citizens In New York City May Be Allowed To Vote In Local Elections Think Progress ...In a hearing on Thursday, the New York City Council will consider allowing legal immigrants who are not citizens to vote in municipal elections...
Honor Our Heroes During National Correctional Officers Week IBT ...Many Americans this week are reflecting on the silent heroes who ensure our communities are safe by closely supervising society’s criminals in jails and prisons across this country...
Scott Touts Correctional Officers Pay Bump; Teamsters Say They Deserve More WFSU Radio ...This week is National Corrections Week, and Governor Rick Scott took some time away from his “Teacher Pay Raise Victory Tour” to praise Florida’s correctional officers. He’s also reminding them about his efforts to get them higher pay. But some, including the Teamsters, say the state could do more for Florida’s prison officers...
Keep Dairy “off the table” in Trans-Pacific Partnership Teamsters Canada ...Teamster locals in Canada represent thousands of dairy workers. They are calling on the Canadian government negotiators to the TPP to keep dairy off the table in negotiations...
Teamsters Fight For North American School Bus Workers' Rights At National Express Annual Meeting IBT ...Teamster school bus drivers and representatives from the United States and Canada called on National Express Group PLC (NEX: LN), a large multinational corporation, to honor and respect the rights of its North American workers at the company’s Annual General Meeting (AGM) held yesterday in London...
Back To School In The U.S. For National Express The Independent ...Forget the bus, bosses at National Express need to get on a plane. Today's AGM promises some fireworks with demonstrations planned from the main union (the Teamsters) representing drivers of those iconic yellow school buses used in the US...
South Dakota gets first Democratic candidate for Senate The Hill Blog ...South Dakota has its first Democratic contender for the state's open Senate seat in Rick Weiland, whose decision to run could set up a primary rematch between him and former Rep. Stephanie Herseth Sandlin...
Colorado strikes a blow for voting reform Washington Post ...It hasn’t gotten the national attention it deserves, but a sweeping measure to overhaul elections in Colorado is swiftly moving towards passage — one that could function as a model for other voting reformers in other states, and perhaps even nationally...
Poll Shows Strong Lead for Democrat in Massachusetts Senate Race New York Times ...In the special Senate election in Massachusetts, Representative Edward J. Markey, the Democratic nominee, is starting with a strong lead over Gabriel Gomez, the Republican, according to a new poll…
Nevada foreclosure rate led nation in April Associated Press ...After briefly falling from its long-held place as the nation's foreclosure king, Nevada chalked up the highest foreclosure rate in the country for the second straight month in April, a tracking firm said Thursday...
City Council Approves Bill Mandating Sick-Day Pay New York Times ...The New York City Council, after years of impassioned debate, approved a bill on Wednesday that will require many businesses to offer paid time off to sick employees...
Senate measure to raise Delaware minimum wage tabled by House committee Associated Press ...A Senate proposal to raise Delaware’s minimum wage by a dollar over the next two years has been tabled by a House committee...
Non-Citizens In New York City May Be Allowed To Vote In Local Elections Think Progress ...In a hearing on Thursday, the New York City Council will consider allowing legal immigrants who are not citizens to vote in municipal elections...
Honor Our Heroes During National Correctional Officers Week IBT ...Many Americans this week are reflecting on the silent heroes who ensure our communities are safe by closely supervising society’s criminals in jails and prisons across this country...
Scott Touts Correctional Officers Pay Bump; Teamsters Say They Deserve More WFSU Radio ...This week is National Corrections Week, and Governor Rick Scott took some time away from his “Teacher Pay Raise Victory Tour” to praise Florida’s correctional officers. He’s also reminding them about his efforts to get them higher pay. But some, including the Teamsters, say the state could do more for Florida’s prison officers...
Keep Dairy “off the table” in Trans-Pacific Partnership Teamsters Canada ...Teamster locals in Canada represent thousands of dairy workers. They are calling on the Canadian government negotiators to the TPP to keep dairy off the table in negotiations...
Teamsters Fight For North American School Bus Workers' Rights At National Express Annual Meeting IBT ...Teamster school bus drivers and representatives from the United States and Canada called on National Express Group PLC (NEX: LN), a large multinational corporation, to honor and respect the rights of its North American workers at the company’s Annual General Meeting (AGM) held yesterday in London...
Back To School In The U.S. For National Express The Independent ...Forget the bus, bosses at National Express need to get on a plane. Today's AGM promises some fireworks with demonstrations planned from the main union (the Teamsters) representing drivers of those iconic yellow school buses used in the US...
Thursday, November 15, 2012
Teamsters take the fight to the $116B bailout queen
First, let's review a little history about Fannie Mae, the government-sponsored enterprise that is now a ward of the state. Daniel Mudd drove Fannie Mae into the ground during his tenure as CEO from 2005-08 by buying risky mortgages. As a result, Fannie got a bailout from the taxpayers totaling $116 billion. Mudd was paid $13.4 million in 2007. The Securities and Exchange Commission has since charged Mudd with fraud.
Now, let's talk about Mark Harris. He worked at UPS as a member of Teamster Local 728 and an Army Reservist. He was called up to serve in Kuwait during Operation Desert Storm. In 1995 he started his own trucking businesses, and in 1996 he bought his house in suburban Atlanta with a VA-backed loan. Then the economy went south and his service-related disability kicked in. He fell behind in his mortgage payments. But he started receiving disability checks from the VA and can afford to catch up with his mortgage.
Mark Harris did not get a $116 billion bailout. He didn't even get $13.4 million. He got a cold shoulder from Fannie Mae, which auctioned off his house without warning. Now Teamster Local 728, Jobs with Justice and Occupy Our Homes Atlanta are fighting to keep him in his home. That's what the video taken yesterday is all about. In addition to protesting outside of Fannie Mae's Atlanta office, they're urging people to call Fannie executives (try Andrew Wilson at 202-752-5168) to demand that Fannie work out a deal with Mark Harris.
Fannie has reached out to him with an offer of a one-year lease in his home. Harris rejected it and is waiting to see what happens next.
Because we don't need more homeless veterans.
Stay tuned.
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