Wednesday, January 18, 2012

Today's Teamster News 01.18.12

Organizers file more than 1 million signatures to recall Walker  Wisconsin State Journal   ...Walker was in New York City on Tuesday, attending a fundraiser hosted by Hank Greenberg, the former CEO of American International Group (Note: yup, that AIG, the bailout queen.)...
House Democrats walk out in right-to-work referendum dispute  NWI Times   ...A dispute over the constitutionality of a right-to-work referendum led House Democrats to walk out Tuesday, denying the Republican-controlled body enough members to take any legislative action...
Private Corrections Institute Opposes Prison Privatization Effort  Sunshine State News   ...“While private prison companies will profit from expanded prison privatization contracts, should the Legislature prevail in its mass prison privatization plan the loser will be Florida’s taxpayers, as public funds will be diverted from the state into the coffers of for-profit prison firms with no discernible benefit to the public"...
World Bank slashes global GDP forecasts, outlook grim  Reuters   ...The World Bank warned developing countries on Wednesday to prepare for the "real" risk that an escalation in the euro area debt crisis could tip the world into a slump on a par with the global downturn in 2008/09...
Romney Admits His Tax Rate Is About 15 Percent, Lower Than Many Middle Class Families  ThinkProgress   ...Citizens for Tax Justice a few months ago estimated that Mitt Romney, due to most of his income coming from investments, pays a tax rate of around 14 percent, a far cry from the 35 percent top income tax rate. Romney then confirmed that the bulk of his income does, indeed, come from investments...
Bed Bath and Beyond recalls radioactive tissue holders after they set off police radiation monitors aboard a delivery truck  Daily Mail   ...The Nuclear Regulatory Commission said that scrap metal containing the cobalt-60 could have strayed into a metal load smelted in India and been incorporated into the tissue boxes...