Wednesday, April 18, 2012

Today's Teamster News 04.18.12

Hostess Brands labor dispute could lead to liquidation  Los Angeles Times   ...The union accused the company of "years of failed management initiatives," including raises as high as 240% for executives prior to bankruptcy...
Walker faces protesters in Illinois, Michigan  WTAQ   ...Hundreds of United Auto Workers’ employees picketed outside a Republican fund-raiser near Detroit last night where Wisconsin Governor Scott Walker appeared...
ALEC Retreats Under Pressure, Ends Push For 'Stand Your Ground,' Voter ID Laws (UPDATE)  Huffington Post   ...The American Legislative Exchange Council, the controversial corporate-sponsored lobbying group whose push for "stand your ground" gun laws and voter ID legislation ignited grassroots protests, announced Tuesday that it is getting out of the social policy field to focus on core economic issues...
Buffett Rule Fails to Advance in the Senate  firedoglake   ...The debate on taxes will continue, and with the Buffett rule polling very high, Democrats are sure to keep pushing it, drawing out the contrast with Republicans when it comes to taxes on the very rich...
NAFTA and Free Trade Do Not Belong in the Same Sentence  Beat the Press   ...NAFTA was not about free trade. First and foremost if was about reducing barriers that made U.S, companies reluctant to invest in Mexico. This meant prohibiting Mexico from expropriating factories and outlawing any restrictions on the repatriation of profits to the United States...
With tax day upon us, file these numbers away  Economic Policy Institute   ... In 2011, the top 1 percent of households by cash income received 75.1 percent of the benefit from the preferential treatment of capital gains and dividends. The middle class, meanwhile, received only 3.9 percent of that benefit...