McDonald's Scam on America Alternet ...We're subsidizing the wages and benefits of employees of highly profitable fast food chains. It costs the American taxpayer nearly $7 billion per year...
As Cuts to Food Stamps Take Effect, More Trims to Benefits Are Expected New York Times ...millions of Americans receiving food stamps will be required to get by with less government assistance every month, a move that not only will cost them money they use to feed their families but is expected to slightly dampen economic growth as well...
Transatlantic Free Trade Agreement: Job Claims Are Pure Baloney Economic Policy Institute ...U.S. trade with Mexico after the North American Free Trade Agreement (NAFTA) has cost the United States nearly 700,000 jobs through 2010. U.S. trade with China has certainly failed to deliver on the promised benefits of growing exports. Since that country entered the World Trade Organization (WTO) in 2001, the U.S. has lost 2.7 million jobs through 2011 due to growing trade deficits with China. And the Korea-U.S. Free Trade Agreement (KORUS) has also resulted in growing trade deficits with that country and the loss of more than 40,000 U.S. jobs...
How the 1 percent always wins: Liberal washing is the right’s new favorite tactic Salon ...The famous examples of liberal washing come from the White House. A few decades ago, Democratic President Bill Clinton liberal-washed corporatist schemes like NAFTA and financial deregulation. Today, it is Democratic President Barack Obama liberal-washing the insurance industry’s healthcare initiatives and now joining with a handful of Democratic legislators to liberalwash – and legitimize – the right-wing crusade to slash Social Security benefits...
House Passes Deregulation Bill Written by Citigroup The Real News ...the one that was driven by Citibank that would allow a wide range of financial derivatives to be done directly by the bank, which is to say, the insured entity, which is to say, the government would be on the hook if there were losses. And Dodd-Frank was designed to prevent or at least dramatically minimize that. So this is a truly awful bill...
UK Energy Firms Guilty of Market Manipulation to Face Criminal Charges Oil Price ...Ed Davey, the Energy Minister, has now stated that the government may charge energy firms that are found guilty of manipulating the markets, with criminal sanctions...
Fannie Mae Sues Banks for $800 Million Over Libor Rigging Bloomberg ...Fannie Mae (FNMA) sued nine banks, alleging that their manipulation of the benchmark London interbank offered rate, which four of them have admitted, cost the mortgage-financing company about $800 million...
Wall Street’s favorite Democrat wants your pension Salon ...The financial services industry hopes to gain even more control over workers' retirement savings...
North Carolina, Come On and Rise Up Portside ...This past summer, "Moral Mondays" in North Carolina emerged as the locus of one of the country's most insistent state-level movements against extremist efforts to slash the social safety net and roll back civil rights...
Top court ruling upholds free speech, union lawyer says Youngstown Vindicator ...The Ohio Supreme Court delivered a major victory for labor unions when it ruled in a Mahoning County case. The court ruled that a state law requiring a union to give a public employer and the State Employment Relations Board 10 days’ advance notice of strike picketing does not apply to informational picketing...
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Today's Teamster News 11.02.13 Updated at :
4:50 AM
Saturday, November 2, 2013
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