Saturday, April 27, 2013

Today's Teamster News 04.27.13

PBS Drops Another Bombshell: Wall Street Is Gobbling Up Two-Thirds of Your 401(k) Wall Street on Parade ...If you work for 50 years and receive the typical long-term return of 7 percent on your 401(k) plan and your fees are 2 percent, almost two-thirds of your account will go to Wall Street...
Error Claims Cast Doubt on Bank of America Foreclosures in Bay Area NBC Bay Area ...Despite recent settlements with state and federal regulators and a new California law that tightens rules for the mortgage industry, banks and their subsidiaries continue to file invalid documents and foreclose on properties to which they appear to have no legal right, an analysis of thousands of pages of property records and wrongful foreclosure lawsuits shows...
US Lets Swiss Banks, Accused of Aiding Tax Fraud, Avoid Prosecution with Fines The Real News ...this notion of paying money, it kind of reeks of the U.S. justice for sale...
Obama Budget Plan Results In 'Back Door' Tax Increase For Middle-Class Households: Analysis Huffington Post ...With Obama’s budget change, taxpayers would move into higher income tax brackets and face higher tax rates more quickly than they would have before...
The Decline of Emergency Care The Atlantic ...Trauma centers and emergency departments across the U.S. have been closing at alarming rates. The people who stand to lose the most are those already put at a disadvantage by the health-care system...
Putting Water Back in Public Hands The Real News ...Paris and other cities have remunicipalised water that had been privatized saving users money and introducing more democracy and transparency...
290 dead as high street fashion chains told to put lives before profits after Bangladeshi factory collapse The Independent ...Death toll passes 290 as staff describe how they were ordered to continue production despite raising concerns over huge cracks in the eight-storey structure...
Report by Progress Missouri Highlights ALEC Infiltration in MO Center for Media and Democracy ...More than forty bills introduced in the Missouri state legislature echo American Legislative Exchange Council (ALEC) model legislation, and at least 60 legislators are ALEC members, according to a new report from Progress Missouri...
Appeals panel asks state Supreme Court to take up union bargaining law Milwaukee Journal Sentinel ...An appeals panel asked the state Supreme Court on Thursday to quickly take up a case over Gov. Scott Walker's controversial law on collective bargaining, saying the high court should decide the issue without an appellate ruling on it...
For foreign land investors, Wisconsin's not yet wide open for business The Cap Times ...A Gov. Scott Walker budget proposal to lift restrictions on the purchase of state land by foreigners — an idea critics said would drive up rural land prices — was removed from the budget Thursday by the Joint Finance Committee...
Why is Scott Walker skipping the big Koch conference? The Cap Times ...This weekend, industrialist billionaires Charles and David Koch are convening a group of conservative power brokers in Palm Springs, Calif., to discuss what went wrong in the 2012 election...
Pennsylvania Think Tank Plans to 'Slay' Unions, Like in Wisconsin The Nation ...The Commonwealth Foundation, a right-wing think tank in Harrisburg, is plotting to go after public sector employee unions...
Fla. House passes 'wage theft' bill 71-45 Tampa Bay Times ...Opponents have blasted HB 1125 as a “Tallahassee power grab” that protects big corporations and business owners who withhold wages from their workers...
Teamsters approve 'optimization' plan with YRC Freight Central Pennsylvania Business Journal ...YRC Freight, a division of Kansas-based trucking company YRC Worldwide Inc., this week said it has received approval from the Teamsters union that represents its employees to move forward with an “optimization plan” that will result in the closure of some facilities around the country...
Teamsters Urge "Special Pay Issue" Raises For Florida Correctional Officers IBT ..."One important way the Florida Legislature can observe National Correctional Officers' Week this year is to enact "special pay issue raises" for employees of the Florida Department of Corrections…"
Teamsters union chides Allegheny County over negotiations Pittsburgh Post-Gazette ...The union that represents about 600 Allegheny County employees said the administration is "taking a hard line" and not properly negotiating with it...
UPS’s New Contract With Teamsters Removes Strike Threat Bloomberg ...United Parcel Service Inc. (UPS) and the Teamsters union agreed to a new five-year contract covering 250,000 employees, erasing the risk that some business might be lost through just the threat of a strike...