Trade
This Time, Get Global Trade Right (opinion) New York Times ...To gain the support of a divided Congress and public, the administration must ensure that new agreements are much stronger than Nafta and other pacts...
During Asia trip, Obama will renew effort to ‘rebalance’ U.S. relationship with the region Washington Post ...the president has a long list of tasks awaiting him: He will try to make headway on trade negotiations with Japan...
War on Workers
Tech Companies Adopt Astroturf to Get Their (Wicked) Way truthout ...FWD.us was founded in April 2013 by Facebook's Mark Zuckerberg...The group favors a certain type of immigrant: highly-skilled, foreign tech workers who would be cheaper to hire than their American counterparts. Net effect: lower wages for everyone...
After foreclosure crisis, renters suffer under Wall Street landlords Aljazeera America ...low-income urban renters also saw their buildings over-mortgaged at the height of the crisis, and now faceless hedge funds and nameless investors are replacing their desperate landlords — sometimes with disastrous consequences...
After Everest Disaster, Sherpas Contemplate Strike New York Times ...On Sunday, disappointed at the Nepali government’s offer of 40,000 rupees, or about $408, as compensation for the families of the dead, some Sherpas gathered at Everest’s base camp proposed a “work stoppage” that could disrupt or cancel the 334 expeditions planned for the 2014 climbing season...
Miscellaneous
'It's miraculous': Stowaway, 16, walks away unharmed despite flying more than five hours from California to Hawaii in plane WHEEL WELL after running away from home Daily Mail ...A 16-year-old boy stowed away in the wheel well of a flight from California to Hawaii on Sunday, surviving the trip halfway across the Pacific despite -81F (-62C) temperatures at 38,000 feet...
Is America an oligarchy? New Yorker ...From the Dept. of Academics Confirming Something You Already Suspected comes a new study concluding that rich people and organizations representing business interests have a powerful grip on U.S. government policy...
Showing posts with label wage deflation. Show all posts
Showing posts with label wage deflation. Show all posts
Monday, April 21, 2014
Friday, November 2, 2012
Today's Teamster News 11.02.12
Shock Doctrine, American-Style: Hurricane Sandy Devastation Used to Push for Sale of Public Infrastructure to Investors Naked Capitalism ...The wreckage from Hurricane Sandy hasn’t even been cleared, yet financial entrepreneurs are looking to profit from it...
Nonpartisan Tax Report Withdrawn After G.O.P. Protest New York Times ...The Congressional Research Service has withdrawn an economic report that found no correlation between top tax rates and economic growth, a central tenet of conservative economic theory, after Senate Republicans raised concerns about the paper’s findings and wording...
With paychecks, size matters (opinion) Los Angeles Times ...Unemployment is still too high, but we also need to focus on the problem of declining pay and the shrinking middle class...
Mexico is now a top producer of engineers, but where are jobs? Washington Post ...while the number of graduates in engineering has soared during the Calderon presidency, the number of Mexicans employed as engineers has grown only slightly, from 1.1 million in 2006 to 1.3 million in 2012...
Romney's Delphi scandal involves his undisclosed 2009 taxes & Bain Capital DailyKos ...Mitt Romney made a fortune off of the auto-bailout by investing in Delphi and screwing those workers. And instead of using its extra capital to do right by the American worker, Delphi just finished buying factories in Asia that make car parts, for the same amount of money Delphi cost those workers' pensions...
Gritty New York faces grimy mess: Rotten meat, failing toilets NBC News ... The sanitation department was also handling hurricane debris cleanup citywide...
Nonpartisan Tax Report Withdrawn After G.O.P. Protest New York Times ...The Congressional Research Service has withdrawn an economic report that found no correlation between top tax rates and economic growth, a central tenet of conservative economic theory, after Senate Republicans raised concerns about the paper’s findings and wording...
With paychecks, size matters (opinion) Los Angeles Times ...Unemployment is still too high, but we also need to focus on the problem of declining pay and the shrinking middle class...
Mexico is now a top producer of engineers, but where are jobs? Washington Post ...while the number of graduates in engineering has soared during the Calderon presidency, the number of Mexicans employed as engineers has grown only slightly, from 1.1 million in 2006 to 1.3 million in 2012...
Romney's Delphi scandal involves his undisclosed 2009 taxes & Bain Capital DailyKos ...Mitt Romney made a fortune off of the auto-bailout by investing in Delphi and screwing those workers. And instead of using its extra capital to do right by the American worker, Delphi just finished buying factories in Asia that make car parts, for the same amount of money Delphi cost those workers' pensions...
Gritty New York faces grimy mess: Rotten meat, failing toilets NBC News ... The sanitation department was also handling hurricane debris cleanup citywide...
Saturday, May 19, 2012
Today's Teamster News 05.19.12
Bill 78: Quebec Student Protest Legislation 'Worst Law' Since War Measures Act, Law Professor Says Huffington Post ...The emergency legislation lays out stern regulations governing demonstrations and contains provisions for heavy fines for students and their federations...
Facebook’s Saverin May Save $67 Million On U.S. Tax Bill Bloomberg ...Facebook Inc. (FB) co-founder Eduardo Saverin will save at least $67 million in federal income taxes by dropping U.S. citizenship, according to a Bloomberg analysis of the company’s stock price...
Wages of young college graduates have failed to grow over the last decade Economic Policy Institute ...Young graduates who enter the labor market during periods of strength (e.g. 1995–2000) face much stronger wage prospects than young graduates who enter the labor market during periods of weakness (e.g. 2001 to the present)....
Donations to Scott Walker Flagged as Potential Fraud Pro Publica ...Capital One appears to be flagging donations to Friends of Scott Walker as potentially fraudulent...
[Breaking] Andrew Manning’s attorney confirms FBI investigating Kasich, allies Plunderbund ...“FBI agents interviewed Andrew Manning last week. He answered questions about the statements in his affidavit, which he sent to the Justice Department in March of this year, that top allies of Gov. John Kasich offered him special influence over gubernatorial appointments if he agreed not to run for the state GOP central committee.”...
FMCSA Provides Glimpse of What Trucker Sleep Apnea Regulations May Look Like Law & Moran Attorneys at Law ...Some of the factors that contribute to sleep apnea that the FMCSA is considering include: drivers with a small or recessed jaw, a BMI of 35 or greater, small airway, neck sizes greater that 17 inches for males and 15.5 inches for females, Hypertension (treated or untreated), Type 2 diabetes (treated or untreated), Hypothyroidism (untreated)....
Sunday, April 1, 2012
Today's Teamster News 04.01.02
Real Consumer Spending Up, 0.5%, Real Personal Income Down, -0.1%, for February 2012 Economic Populist ...people spent more than they earned in February ...Generally income isn't keeping up with spending, although 2011 saw a slight improvement from 2010...
Financiers and Sex Trafficking New York Times ...for more than six years Goldman has held a significant stake in a company notorious for ties to sex trafficking, and it sat on the company’s board for four of those years...
The Era of Big Box Retail Dominance Is Coming to an End Bloomberg ...The new mantra is small box. While Best Buy, Wal-Mart Stores Inc. (WMT) and Target Corp. (TGT) are still opening large stores, all are putting increasing emphasis on smaller ones. Best Buy plans to double the number of its smaller Best Buy Mobile stores by 2016. Wal-Mart is building as many as 100 small-format stores this year, while Target is opening five CityTarget locations...
Petrol crisis 'is our Thatcher moment', Tory MPs reportedly tell party members The Guardian ...Petrol crisis 'is our Thatcher moment', Tory MPs reportedly tell party membersUnite accuses ministers of 'spoiling for a fight' after memo from MPs emerges comparing situation with 1980s miners' strike...
As a whole, truckers are respectful Fargo-Moorhead InForum ...Much attention has been focused on the phenomenon of “trucker bombs,” or urine that is discarded on the side of western North Dakota roadways in plastic bottles...
Coors Hates Immigrants, Say Teamsters at Cesar Chavez Event IBT ...Teamsters from four local unions and Joint Council 7 marched in the 12th Annual Cesar E. Chavez March today to raise awareness about anti-immigrant behavior, worker abuse and discrimination by DBI Beverage, the distributor of products by Coors Brewing Co. in Northern California...
Financiers and Sex Trafficking New York Times ...for more than six years Goldman has held a significant stake in a company notorious for ties to sex trafficking, and it sat on the company’s board for four of those years...
The Era of Big Box Retail Dominance Is Coming to an End Bloomberg ...The new mantra is small box. While Best Buy, Wal-Mart Stores Inc. (WMT) and Target Corp. (TGT) are still opening large stores, all are putting increasing emphasis on smaller ones. Best Buy plans to double the number of its smaller Best Buy Mobile stores by 2016. Wal-Mart is building as many as 100 small-format stores this year, while Target is opening five CityTarget locations...
Petrol crisis 'is our Thatcher moment', Tory MPs reportedly tell party members The Guardian ...Petrol crisis 'is our Thatcher moment', Tory MPs reportedly tell party membersUnite accuses ministers of 'spoiling for a fight' after memo from MPs emerges comparing situation with 1980s miners' strike...
As a whole, truckers are respectful Fargo-Moorhead InForum ...Much attention has been focused on the phenomenon of “trucker bombs,” or urine that is discarded on the side of western North Dakota roadways in plastic bottles...
Coors Hates Immigrants, Say Teamsters at Cesar Chavez Event IBT ...Teamsters from four local unions and Joint Council 7 marched in the 12th Annual Cesar E. Chavez March today to raise awareness about anti-immigrant behavior, worker abuse and discrimination by DBI Beverage, the distributor of products by Coors Brewing Co. in Northern California...
Thursday, September 2, 2010
Links 09/02/10
Factory Growth Buoys Markets Wall Street Journal ...Growth in manufacturing activity accelerated last month in both the U.S. and China.
Parsing an Ascendant GOP's Economic Prescriptions Wall Street Journal ...The closest Republicans come to a public economic agenda are speeches by their House leader, John Boehner, who promises more detail later.
The Real Say on Pay (editorial) New York Times ...the new financial reform law ... requires companies to disclose the ratio between a chief executive’s pay package and that of a typical employee.
Schwarzenegger, union argue furlough case next week The State Worker ...the California Supreme Court will hear debate next week over whether the governor has illegally forced state workers to take unpaid days off from work.
Unions Spurn Democrats Seen as Turncoats on Health, Organizing Bloomberg News ...organized labor helped Democrats win ... two years ago, only to find some candidates they supported didn’t return the favor.
More people living paycheck to paycheck Kansas City Star ...A survey ... this summer, found that nearly eight out of ten workers said they are living paycheck to paycheck.
American Workers Believe Economic Conditions Will be Same or Worse Next Year Industry Week ...American workers are deeply pessimistic about prospects for economic recovery...
Parsing an Ascendant GOP's Economic Prescriptions Wall Street Journal ...The closest Republicans come to a public economic agenda are speeches by their House leader, John Boehner, who promises more detail later.
The Real Say on Pay (editorial) New York Times ...the new financial reform law ... requires companies to disclose the ratio between a chief executive’s pay package and that of a typical employee.
Schwarzenegger, union argue furlough case next week The State Worker ...the California Supreme Court will hear debate next week over whether the governor has illegally forced state workers to take unpaid days off from work.
Unions Spurn Democrats Seen as Turncoats on Health, Organizing Bloomberg News ...organized labor helped Democrats win ... two years ago, only to find some candidates they supported didn’t return the favor.
More people living paycheck to paycheck Kansas City Star ...A survey ... this summer, found that nearly eight out of ten workers said they are living paycheck to paycheck.
American Workers Believe Economic Conditions Will be Same or Worse Next Year Industry Week ...American workers are deeply pessimistic about prospects for economic recovery...
Wednesday, September 1, 2010
Links 09/01/10
A deserted feeling in working-class America Washington Post ...the Great Recession has made labor's task decidedly more difficult this year.
Nafta, Mexican trucks, retaliatory tariffs and safety (Letter to the editor) Wall Street Journal ...the reason U.S. firms are being hit with raised tariffs is the fault of the U.S. Trade Representative (USTR), not the Teamsters union or Congress.
New job means lower wages for many New York Times ...comparatively little attention has been paid to the quality of the jobs being created.
Coca-Cola workers end strike in Bellevue, Western Washington Bellevue Reporter ...Coca-Cola employees in Bellevue and Western Washington returned to work Tuesday.
CEOs lay off thousands, rake in millions msnbc.com ...chief executives of the 50 firms that have laid off the most workers since the onset of the economic crisis in 2008 took home 42 percent more pay in 2009 than their peers at other large U.S. companies.
Workers Rebuilding New Orleans Face Rampant Wage Theft The Washington Independent ...The Congress of Day Laborers last year found that 80 percent of the workers it represents had been victims of wage theft in the past year.
Business groups plan Labor Day blitz against Senate Dems, candidates The Hill ...Business groups plan to go on offense against vulnerable Senate Democrats in their backyards to mark Monday's Labor Day holiday.
Nafta, Mexican trucks, retaliatory tariffs and safety (Letter to the editor) Wall Street Journal ...the reason U.S. firms are being hit with raised tariffs is the fault of the U.S. Trade Representative (USTR), not the Teamsters union or Congress.
New job means lower wages for many New York Times ...comparatively little attention has been paid to the quality of the jobs being created.
Coca-Cola workers end strike in Bellevue, Western Washington Bellevue Reporter ...Coca-Cola employees in Bellevue and Western Washington returned to work Tuesday.
CEOs lay off thousands, rake in millions msnbc.com ...chief executives of the 50 firms that have laid off the most workers since the onset of the economic crisis in 2008 took home 42 percent more pay in 2009 than their peers at other large U.S. companies.
Workers Rebuilding New Orleans Face Rampant Wage Theft The Washington Independent ...The Congress of Day Laborers last year found that 80 percent of the workers it represents had been victims of wage theft in the past year.
Business groups plan Labor Day blitz against Senate Dems, candidates The Hill ...Business groups plan to go on offense against vulnerable Senate Democrats in their backyards to mark Monday's Labor Day holiday.
Friday, August 27, 2010
Links 08/27/10
For Workers Who Find Jobs, Lower Wages Wall Street Journal ... 55% of those who did find work were earning less than before.
A Thriving Industry Built on Low-Compensated Temp Workers New York Times ...thousands of workers in the Chicago area’s massive warehouse complexes ... are laid off and rehired every few months by temporary-staffing agencies.
Sarah Palin Will "Go Down in History like McCarthy," Says Labor Leader CBS News ...Trumka complains about Palin railing against "union thugs" despite the fact that her husband is in a union.
States Press Workers on Health Care Wall Street Journal ...Kentucky, Connecticut and Texas... join a growing number of governments that have cut health benefits in recent years without major challenges.
American Will Fight Record FAA Fine Wall Street Journal ...American Airlines vowed to fight a proposed $24.2 million federal penalty alleging intentional maintenance violations on some 280 jetliners.
Tea Party Rocks Primaries Rolling Stone ...this summer’s media hate-fest is different than anything we’ve seen before.
A Thriving Industry Built on Low-Compensated Temp Workers New York Times ...thousands of workers in the Chicago area’s massive warehouse complexes ... are laid off and rehired every few months by temporary-staffing agencies.
Sarah Palin Will "Go Down in History like McCarthy," Says Labor Leader CBS News ...Trumka complains about Palin railing against "union thugs" despite the fact that her husband is in a union.
States Press Workers on Health Care Wall Street Journal ...Kentucky, Connecticut and Texas... join a growing number of governments that have cut health benefits in recent years without major challenges.
American Will Fight Record FAA Fine Wall Street Journal ...American Airlines vowed to fight a proposed $24.2 million federal penalty alleging intentional maintenance violations on some 280 jetliners.
Tea Party Rocks Primaries Rolling Stone ...this summer’s media hate-fest is different than anything we’ve seen before.
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