Saturday, March 10, 2012

Today's Teamster News 03.10.12

The Bloom Comes Off the Unemployment Report Rose  Economic Populist   ...The real number of people wanting a job for February is 27.3 million. One needs to add up the official unemployed, people stuck in part-time who need full-time jobs, and all of those people not in the labor force, but who report they actually want a job, currently at 6.378 million.This gives an unemployment rate of 16.93%...
Walker sets up legal-defense fund  Milwaukee Journal Sentinel   ..."If you create a legal-defense fund, you are either being investigated, being charged with or have been convicted of a criminal violation of Chapter 11 or Chapter 12,"...
Selma march won't end in Montgomery; organizers plan to spread to other states, fight ID laws  Associated Press   ...Leaders of the march from Selma protesting voter ID laws that they claim suppress votes say they won't let their demonstration die in Montgomery — they're planning to go to other states...
Thousands march in support of port workers  Taranaki Daily News   ...Thousands of people are marching from Auckland's Waterfront in support of port workers who have been made redundant this week. A wide range of people have turned out for the march ... Today's turnout follows news that Australian port workers are showing their solidarity with their Kiwi counterparts by refusing to unload a ship handled by non-union workers in Auckland.
Icelandic Anger Brings Debt Forgiveness in Best Recovery Story  Bloomberg   ...Icelanders who pelted parliament with rocks in 2009 demanding their leaders and bankers answer for the country’s economic and financial collapse are reaping the benefits of their anger. Since the end of 2008, the island’s banks have forgiven loans equivalent to 13 percent of gross domestic product, easing the debt burdens of more than a quarter of the population...
Hostess Brands names CEO to work way out of bankruptcy  Reuters   ...Separately, Teamsters Union Vice President Ken Hall said they will continue to work with Hostess toward a resolution that will allow the company to emerge successfully from bankruptcy...