Wednesday, June 5, 2013

Today's Teamster News 06.05.13

Low-wage workers seek Obama’s help  Washington Post   ...This week the Obama administration plans to ask Congress to amend the law so the government will not have to reimburse companies almost $1 million for the salaries of individual executives who work on government projects...
The Latest Report On Medicare Shows The Program Is Getting Stronger  ThinkProgress   ...The Medicare Trustees had great news for American seniors on Friday: the program’s solvency has been extended for two full years past what the trustees predicted in 2012...
IMF says US cutting spending too much too fast  Associated Press   ...The International Monetary Fund chief criticized the U.S. on Tuesday for cutting back government spending too much too fast, saying it was taking a toll on growth in one of the world's main economic engines...
US proposes labeling some banks threats  Associated Press   ...Federal regulators have proposed that a group of firms that aren't banks be deemed potential threats to the financial system that need stricter government oversight. Big insurers American International Group Inc. and Prudential Financial Inc., and General Electric Co.'s finance arm GE Capital...
Protesters Hit Bentonville Ahead of Wal-Mart's Annual Meeting  Arkansas Business   ...The national organization "Our Walmart" staged its rally today in Bentonville. Reps tell us one of their goals is to encourage the world's largest retailer to raise minimum salaries for associates...
Locked doors a sign of China work-safety failings  Associated Press   ...A fire breaks out in a Chinese factory, and panicked workers discover one exit after another is locked. That describes not only the poultry plant fire that killed 119 people Monday, but a toy-factory blaze that left 87 workers dead 20 years earlier...
'Chained CPI' hurts senior citizens (opinion)  Journal News   ...Here we go again! We’re going to balance the budget on the backs of senior citizens who had little to do with the present national debt, while corporate America enjoys massive subsidies and tax loopholes...
Elizabeth Warren Calls for Grassroots Movement on Student Loan Debt  Mother Jones   ...Over the past decade, student loan debt has nearly quadrupled, and now stands close to $1 trillion. On July 1, rates for federal need-based student loans are set to double from 3.4 percent to 6.8 percent. The deadline has lawmakers scrambling for a fix...
Union backers protest Ohio right-to-work bill  NewsNet5   ...Hundreds showed up Tuesday at the Ohio Statehouse, where the first -- and probably the last -- hearing was being held on right-to-work legislation proposed by Republican state Reps. Kristina Roegner and Ron Maag...
Protesters Crowd Legislature For Fifth 'Moral Monday'  WUNC 91.5 ...151 people were arrested at the General Assembly Monday night. It was the fifth “Moral Monday” demonstration at the legislature, and it was the largest yet...
Foreclosed NH homeowners to get settlement checks  Associated Press   ...More than 4,000 New Hampshire residents who lost their homes to foreclosure will receive checks this month as part of the $26 billion national mortgage settlement involving five of the nation’s largest lenders...
Enterprise zones under fire in Sacramento  KGO-TV   ...The financial perk designed to attract businesses to troubled neighborhoods is under fire in Sacramento. Under this program, even strip clubs qualify for tax breaks for hiring in economically depressed areas. As much as $37,400 per employee can be claimed even though many jobs are barely above minimum wage...
Cd'A board supports anti-union resolution  Coeur d'Alene Press ...School trustees in Coeur d'Alene on Monday voted unanimously to, as a board, support the Idaho School Boards Association's efforts to lobby state lawmakers for legislation that would tighten Idaho's right to work statute in the state's schools...
Connecticut Truck Safety Crackdown Underway  WTIC News Talk 1080   ...Once again, Connecticut’s Department of Motor Vehicles is conducting a three-day truck safety enforcement campaign...
This Is What Killing Democracy Looks Like: Ryan Wherley on WI AB225  Monologues of Dissent   ...The bill introduced by Jeff Stone is straight out of the ALEC playbook and an all-out, full-frontal assault on democracy...
Unionized liquor store clerks cheer Ferlo opposition to Corbett privatization plan  Pittsburgh Tribune-Review   ...To cheers of union workers in the crowd, Democratic Sen. Jim Ferlo on Tuesday delivered a tongue-lashing to the Corbett administration for pushing liquor privatization...