Sunday, October 28, 2012

Today's Teamster News 10.28.12

GDP - The Warning Signs From Exports  zero hedge   ...The continued drag on exports due to the worsening recession in the Eurozone, and the slowdown in China, is putting continued pressure on corporate profit margins.  In turn this keeps businesses on the defensive to protect profit margins which stifles employment and investment...
Anti-austerity protesters urge Spain government to resign in Madrid rally  AFP   ...Thousands of anti-austerity demonstrators marched in the Spanish capital Saturday calling for the conservative government to resign because of its severe budget cuts...
Undercover donors fuel Prop. 32 furor  San Francisco Chronicle   ...some union backers wonder whether that $11 million came from the Koch brothers, those conservative billionaire financiers who have made a name for themselves by pouring millions of dollars into political campaigns in recent years...
Sensata outsourcing rattles Illinois community: 'Jobs need to stay here'  Guardian   ...Workers residents have held protests to prevent vehicles shipping parts destined for China from Bain-owned company...
Ban ALEC gift-giving to state's lawmakers (opinion)  Milwaukee Journal Sentinel   ... if corporations cleverly export the legislators and the lobbyists to out-of-state resorts under the rubric of the American Legislative Exchange Council, the Wisconsin Government Accountability Board has looked the other way...
Ten days til the election... quick grab a baby! Obama charms them in New Hampshire while Romney FINALLY has some luck with the babies in Florida  Mail Online   ...Obama hugs supporters at the Teamsters Union Local 633 ahead of his campaign rally...