Monday, September 16, 2013

Today's Teamster News 09.16.13

Summers Pulls Name From Consideration for Fed Chief  New York Times   ...After weeks of opposition to his candidacy from an array of progressives, the president’s inability to rally Congressional Democrats on Syria persuaded Mr. Summers that his most important audience — the Senate, which must confirm a Fed chairman — probably could not be won over...
Wal-Mart Moves Forward With First D.C. Stores After Mayor Vetoes 'Living Wage'  ABC News   ...Wal-Mart will move forward with plans for its first stores in the nation's capital after Mayor Vincent Gray vetoed the city council's bill that mandated higher wages for so-called big-box stores...
Officials Say Nearly 19,000 Homes Damaged, Destroyed In Flooding  CBS Denver   ...The Colorado Office of Emergency Management estimated Sunday on its website that 17,494 homes have been damaged and 1,502 destroyed...
At Grandmother’s House We Stay  Pew Research   ...In 2011, 7.7 million children in the U.S.–one-in-ten—were living with a grandparent, and approximately 3 million of these children were also being cared for primarily by that grandparent...
Public Colleges' Quest for Revenue and Prestige Squeezes Needy Students  The Chronicle of Higher Education   ...Less institutional aid goes to the poorest students, as colleges seek to rise in rankings and make up for state cuts...
Joe Stiglitz: The People Who Break the Rules Have Raked in Huge Profits and Wealth and It's Sickening Our Politics  Alternet   ...More than 20 million Americans who would like a full time job still can't get one, incomes are still lower than they were a decade and a half ago, wealth in the middle is back to where it was two decades ago. Young Americans face a mountain of student debt, and dismal job prospects...
The 1 Percent Took Home the Largest Share of Income Since 1928 Last Year  Next New Deal   ...the only year on record in which the top 1 percent took home a larger piece of the economic pie was in 1928, and then only barely...
New Rule Could Shed Light on CEO-Worker Pay Gap  Bill Moyers & Company   ...The Securities and Exchange Commission has been considering (and considering, and considering) a new rule mandated three years ago under Dodd-Frank that would require companies to disclose the ratio between a CEO’s compensation and the median pay of the firm’s employees...
AFL-CIO to Fight "Trade" Deals Like TPP  truthout   ...It looks like this will be a treaty that writes corporate and billionaire interests into law with no protections for regular people and our environment from corporate and billionaire interests...
Pollsters say Scott Walker is vulnerable in 2014  The Capital Times   ...those who feel the state economy is in poor condition are much less likely to support Walker than those who believe the state is on the right track, meaning that Democrats could hurt Walker by driving home the message that he isn't creating jobs...