Sunday, January 30, 2011

Today's Teamster News 01.30.11

Unions, state battle over worker pay  The News Tribune   ...workers are most likely to see less cash in their paychecks, more unpaid furloughs and bigger out-of-pocket payments for health care premiums and care...
Public Employee Unions: Public Enemy No. 1?  Wall Street Journal   ...public workers are going to feel voters’ anger in their paychecks — and many will lose their jobs. They’re also likely to come under attack politically to an unprecedented degree...
Retirement funds: All state workers will pay for fixes  Columbus Disptach   ...Teachers, law-enforcement officers, state workers and other Ohio public employees must give up more than $16 billion to fix their financially beleaguered pension funds...
Legislators hear appeals for increases, not cuts, in government services  Las Vegas Review-Journal   ...Nevada is experiencing 14.5 percent unemployment, record bankruptcies and a housing foreclosure crisis...
New England Lawmakers Gain Ally for Rail Project  Associated Press   ...A key Republican congressman voiced strong support Friday for the region's high-speed rail aspirations...
Iowa wind energy industry expected to see slow recovery  Eastern Iowa Business   ...Reduced demand for electricity, cheaper natural gas prices, tighter lending in the aftermath of the financial crisis and lack of a federal renewable energy standard slashed the amount of newly-installed U.S. wind turbines in 2010...
A Bank Crisis Whodunit, With Laughs and Tears  New York Times   ...With too-big-to-fail institutions now larger than ever, we are almost certain to go through another episode like 2008 in the no t-too-distant future...
Claims the job market will boom are entirely unsubstantiated  naked capitalism   ...Faith in the US gov’t’s ability to create 2.5 million jobs for the next 5 yrs ... is sorely misplaced...
Banks Get Tough With Municipalities  Wall Street Journal   ...As municipal borrowers look to renegotiate bond deals, banks are drawing a tough line in the refinancing talks...
For Governors, Medicaid Looks Ripe for Slashing  truthout   ...governors from both parties are exercising their remaining options in proposing bone-deep cuts to the program during the fourth consecutive year of brutal economic conditions...
Teamsters Canada Rail Conference leaders meet in Ottawa  CNW Group