Monday, August 13, 2012

Today's Teamster News 08.13.12

Long Term Unemployment is the Crisis of Our Time  Economic Populist   ...We have millions of people out of a job with years of experience, skills and advanced education, currently all going to waste...
China’s Economy Now Growing at a One Percent Rate?  Iacano Research   ...Recent news reports make the situation in China sound somewhat dire, what with exports tumbling in large part due to the recession sweeping over continental Europe and with the government’s efforts to cool a red-hot housing market apparently meeting with too much success over the last couple years...
Paul Ryan Only Passed 2 Bills Into Law In More Than A Decade  Huffington Post   ...Thanks to Ryan, the post office on 1818 Milton Ave. in Janesville, Wis., is now known as "Les Aspin Post Office Building..."
'I'm sick to my stomach': anger grows in Illinois at Bain's latest outsourcing plan  The Guardian   ...The Sensata plant in Freeport is profitable and competitive, but its majority owner, Bain Capital, has decided to ship jobs to China – and forced workers to train their overseas replacements...
Brockton Saves $ and Protests Foreclosure Misdeeds by Moving $170 Million Account from Bank of America  naked capitalism   ...the City of Brockton, which has one of the highest foreclosure rates in the state of Massachusetts, decided to save money and send a message by moving its payroll account from Bank of America...
Nice Memorial, But No New Mine Safety Laws  Washington Post   ...Despite the enormity of the Upper Big Branch disaster, the tragedy has not led to any significant new federal legislation to stop a serial safety violator such as Massey from cutting corners and causing the deaths of more workers...