Wednesday, August 1, 2012

Today's Teamster News 08.01.12

Study: Mfg employment losses due to offshoring, not productivity gains  Trade Reform   ...Competition from foreign suppliers, not high productivity growth, is responsible for the sharp employment declines in the computer industry...
TransCanada gets final OK for last leg of Keystone pipeline down middle of U.S.  Grist   ...Keystone XL would augment a section of pipeline that already brings tar-sands oil from Canada to Nebraska. On Friday, the Army Corps of Engineers signed off on the last permits TransCanada needed for a still-empty stretch from there to the Gulf Coast. Which means that the company will soon have a complete shunt traversing the entire height of the United States...
Fire Ed DeMarco (opinion)  New York Times   ... DeMarco heads the Federal Housing Finance Agency, which oversees Fannie and Freddie. And he has just rejected a request from the Treasury Department that he offer debt relief to troubled homeowners — a request backed by an offer by Treasury to pay up to 63 cents to the FHFA for every dollar of debt forgiven...
A person making $50,000 a year pays 10 cents a day in taxes for food stamps  Examiner   ...A married person with one child making $50,000 a year will pay exactly $3,820 in federal taxes. Of those, $2100 is allocated to Social Security, and $725 is distributed Medicare...
Rick Scott omits email account from state public records website  Tampa Bay Times   ...the emails he made public were not the emails in his official state account. The emails the public actually read online were from a different account used almost exclusively by conservative supporters...
LABOR: Teamsters, A-B back at the negotiating table  The Press-Enterprise   ...Anheuser-Busch and Teamsters are resuming negotiations after more than a month of pickets in Riverside...
Company to hire permanent drivers in waste strike  Associated Press   ...Facing growing piles of garbage from a week-old truck drivers' strike and the looming threat of fines, Waste Management has decided to begin hiring permanent replacement drivers, a spokeswoman said Tuesday...