Today's Teamster News 11.17.13

<a href="http://www.nytimes.com/2013/11/16/world/europe/youth-unemployement-in-europe.html?pagewanted=all&_r=0" rel="nofollow">Young and Educated in Europe, but Desperate for Jobs</a>  New York Times   ...Five years after the economic crisis struck the Continent, youth unemployment has climbed to staggering levels in many countries: in September, 56 percent in Spain for those 24 and younger, 57 percent in Greece, 40 percent in Italy, 37 percent in Portugal and 28 percent in Ireland. For people 25 to 30, the rates are half to two-thirds as high and rising...<br /><a href="http://www.buzzfeed.com/matthewzeitlin/americas-student-debt-balance-is-growing-and-less-of-it-is-g" rel="nofollow">America’s Student Debt Balance Is Growing And Less Of It Is Getting Paid Back</a>  Buzzfeed   ...Now it’s over $1 trillion, bigger than credit card debt...<br /><a href="http://www.zerohedge.com/contributed/2013-11-15/mass-surveillance-destroying-american-economy" rel="nofollow">Security Expert: “Buy American Doesn’t Sell Well Anymore Because It Means Give A Copy To The NSA”</a>  zero hedge   ...We’ve previously noted that mass surveillance is killing American tech companies. And Cisco just blamed its earnings slump on China’s disdain for NSA spying...<br /><a href="http://www.msnbc.com/all/harsher-cuts-are-their-way" rel="nofollow">Harsher cuts are on their way</a>  MSNBC   ...Unless Congress reverses the cuts, defense discretionary spending will be cut by an estimated $19 billion in 2014 and non-defense spending will be cut $12 billion more...<br /><a href="http://www.rollingstone.com/politics/blogs/taibblog/chases-twitter-gambit-devolves-into-all-time-pr-fiasco-20131115" rel="nofollow">Chase's Twitter Gambit Devolves into All-Time PR Fiasco</a>  Rolling Stone   ...I almost couldn't believe it when I heard that JP Morgan Chase was going to do a live Twitter Q&A with the public – you know, all those people around the world they've been bending over and robbing for, oh, the last decade or so...<br /><a href="http://www.cnbc.com/id/101193946" rel="nofollow">Feds expand hunt for offshore tax evaders</a>  CNBC   ...Federal judges approved special summonses aimed at getting account data and identifying information of American banking clients of Switzerland's Zurcher Kantonalbank and Bermuda-based N.T. Butterfield & Son, prosecutors said Tuesday...<br /><a href="http://www.reuters.com/article/2013/11/12/us-usa-bank-fatca-idUSBRE9AB18K20131112" rel="nofollow">Bankers' lawsuit jeopardizes U.S. tax dodger crackdown: lawyers</a>  Reuters   ...A court challenge by Texas and Florida bankers threatens to undermine a broad U.S. government crackdown on offshore tax avoidance and jeopardize a web of carefully crafted international agreements, tax lawyers said...<br /><a href="http://www.theguardian.com/world/2013/nov/16/elizabeth-warren-2016-race-white-house" rel="nofollow">Elizabeth Warren: quiet revolutionary who could challenge Hillary Clinton in Democrats' 2016 race</a>  The Guardian   ...Senator's tough stance against Wall Street is attracting voters on the left who are disenchanted with the party establishment...<br /><a href="http://inthesetimes.com/working/entry/15876/anti_union_forces_mobilizing_at_chattanoogas_volkswagen_plant/" rel="nofollow">Volkswagen Isn’t Fighting Unionization—But Leaked Docs Show Right-Wing Groups Are</a>  In These Times   ...Mike Elk reports that while the company promised not to oppose the United Auto Workers attempts to organize their Chattanooga, TN plant, outside groups disagree with that decision. They're pumping hundreds of thousands of dollars into anti-union campaigns...<br /><a href="http://ctj.org/ctjreports/2013/11/boeing_recipient_of_the_largest_state_tax_subsidy_in_history_paid_nothing_in_state_corporate_income.php#.UoiulmTF36l" rel="nofollow">Boeing, Recipient of the Largest State Tax Subsidy in History, Paid Nothing in State Corporate Income Taxes Over the Past Decade</a>  Citizens for Tax Justice   ...Over the past decade, Boeing has managed to avoid paying even a dime of state income taxes nationwide on $35 billion in pretax U.S. profits...<br /><a href="http://www.buzzfeed.com/matthewzeitlin/the-sports-business-cant-take-any-more-money-from-its-fans" rel="nofollow">The Sports Business Can’t Take Any More Money From Its Fans</a>  Buzzfeed   ...The industry’s growth now mostly involves extracting billions from television networks and advertising. Ticket sales and merchandising growth are slowing...<br /><a href="http://online.wsj.com/news/articles/SB10001424052702304799404579155953286552832?tesla=y" rel="nofollow">Wisconsin Political Speech Raid</a>  Wall Street Journal   ...In recent weeks, special prosecutor Francis Schmitz has hit dozens of conservative groups with subpoenas demanding documents related to the 2011 and 2012 campaigns to recall Governor Walker and state legislative leaders...<br /><a href="http://stinktanks.org/ohio/" rel="nofollow">Something stinks in Ohio</a>  Center for Media and Democracy   ...The Buckeye Institute is largely funded by right-wing out-of-state foundations, and does not disclose its donors to the public despite its influence in shaping public policy in Ohio...<br /><a href="http://bigstory.ap.org/article/seattle-elects-socialist-city-council" rel="nofollow">Seattle elects Socialist candidate to city council </a> Associated Press   ...She backed efforts to raise the minimum wage to $15; called for rent control in the city where rental prices keep climbing; and supports a tax on millionaires to help fund a public transit system and other services...<br /><div><br /></div>

corporate tax evasion Elizabeth Warren european austerity Jobs JPMorgan scott walker Seattle Sequestration spying stink tanks Today's Teamster News 11.17.13

Young and Educated in Europe, but Desperate for Jobs  New York Times   ...Five years after the economic crisis struck the Continent, youth ...

Read more »

Jon Stewart takes on Wall Street (VIDEO)

<iframe allowfullscreen="" frameborder="0" height="315" src="//www.youtube.com/embed/yPFeylRLJ2w" width="420"></iframe><br /><br />It sounds like a lot of money -- a $13 billion fine -- for JPMorgan Chase's shady dealings  (you know, the crimes that caused the financial meltdown in 2008). But <a href="http://news.firedoglake.com/2013/10/23/taxpayers-to-help-pay-jpmorgans-fine-for-causing-2008-financial-crisis/" rel="nofollow">taxpayers will pick up a big chunk of that fine</a>, and it's really only a small part of the bank's profit.<br /><br />Jon Stewart takes apart the JPMorgan cheerleaders in the news media who don't think the bank should be punished for causing years of misery for untold millions of people. Watch.

JPMorgan Wall Street Jon Stewart takes on Wall Street (VIDEO)

It sounds like a lot of money -- a $13 billion fine -- for JPMorgan Chase's shady dealings  (you know, the crimes that caused the financ...

Read more »

Today's Teamster News 09.22.13

<a href="http://mtstandard.com/news/local/local-teamsters-no-st-james-healthcare-settle-strike-averted/article_5e50027c-2271-11e3-9af2-0019bb2963f4.html" rel="nofollow">Local Teamsters No. 2, St. James Healthcare settle; Strike averted</a>  Montana Standard   ...Local Teamsters No. 2 and St. James Healthcare have settled their long-ranging collective bargaining issues — thus averting a Sept. 23 strike...<br /><a href="http://www.heraldonline.com/2013/09/20/5229676/teamsters-continue-to-lawfully.html" rel="nofollow">Teamsters Continue To Lawfully Picket Funeral Home Giant SCI</a>  Teamsters Local 727   ...Since pickets began on July 2, SCI has continued its history of bargaining in bad faith with its employees, even after meeting for ongoing negotiations on Sept. 17...<br /><a href="http://www.teamster.org/content/community-teamsters" rel="nofollow">Teamsters Women’s Conference Closes with Focus on Activism</a>  teamster.org   ...The 2013 Teamsters Women’s Conference in New Orleans closed on Saturday with a call to action from the 1,000 Teamster women in attendance, as well as from their fellow Teamsters throughout North America...<br /><a href="http://citizen.typepad.com/eyesontrade/2013/09/obamas-corporate-export-council-ignores-dismal-export-data-backs-more-of-the-same-trade-deals.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+eyesontrade+%28Eyes+on+Trade%29" rel="nofollow">Obama’s Corporate Export Council Ignores Dismal Export Data, Backs More-of-the-Same “Trade” Deals </a> Public Citizen   ...Somehow the room full of corporate representatives and government officials, “<a href="http://trade.gov/pec/">the principal national advisory committee on international trade</a>,” which exists to “promote export expansion” and “discuss and resolve trade-related problems,” made it through two hours of prepared speeches without once acknowledging that we’re <a href="http://citizen.typepad.com/eyesontrade/2013/02/obamas-export-promise-falls-18-years-behind-schedule-as-exports-decline-under-ftas.html">18 years behind schedule to meet Obama’s goal to double exports</a>...<br /><a href="http://www.zerohedge.com/contributed/2013-09-20/5-years-after-financial-crisis-big-banks-are-still-committing-massive-crimes" rel="nofollow">5 Years After the Financial Crisis, The Big Banks Are Still Committing Massive Crimes</a>  zero hedge   ...The executives of the big banks invariably pretend that the hanky-panky was only committed by a couple of low-level rogue employees. But studies show that <a href="http://www.guardian.co.uk/business/2012/jul/09/fraud-bosses-206m">most of the fraud is committed by management</a>...<br /><a href="http://wallstreetonparade.com/2013/09/jpmorgan-found-to-have-violated-both-banking-and-securities-laws-in-920-million-settlement/" rel="nofollow">JPMorgan Found to Have Violated Both Banking and Securities Laws in $920 Million Settlement</a>  Wall Street on Parade   ... This is where the high risk trading was done, in the insured bank, using insured deposits. It is this aspect that has stunned Congress and brought in the FBI and Justice Department...<br /><a href="http://www.cepr.net/index.php/blogs/beat-the-press/few-jobs-means-bad-jobs?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+beat_the_press+%28Beat+the+Press%29" rel="nofollow">Few Jobs Means Bad Jobs</a>  Center for Economic and Policy Research   ...There are always employers offering bad jobs, but workers don't take them in a good economy. In a bad economy they have no choice...<br /><a href="http://taxprof.typepad.com/taxprof_blog/2013/09/founder-of-.html" rel="nofollow">Founder of Beanie Babies to Plead Guilty to Tax Evasion</a>  TaxProfBlog   ...<a href="http://en.wikipedia.org/wiki/Ty_Warner">Ty Warner</a>, CEO of <a href="http://en.wikipedia.org/wiki/Ty_Inc.">Ty Inc</a>., which makes <a href="http://en.wikipedia.org/wiki/Beanie_Babies">Beanie Babies</a>, has agreed to plead guilty to tax evasion and pay $53.6 million in penalties in one of the largest offshore tax evasion cases in history...<br /><a href="http://www.businessweek.com/articles/2013-09-19/how-germany-s-alw-got-busted-for-the-largest-food-fraud-in-u-dot-s-dot-history" rel="nofollow">The Honey Launderers: Uncovering the Largest Food Fraud in U.S. History</a>  Bloomberg   ...Andrew Boutros, assistant U.S. attorney in Chicago, had put together the case: Eight other ALW executives, including Alexander Wolff, the chief executive officer, and a Chinese honey broker, were indicted on charges alleging a global conspiracy to illegally import Chinese honey going back to 2002...<br /><a href="http://madeinamericathebook.wordpress.com/" rel="nofollow">Loss of Economic Exceptionalism</a>  Made in America   ...the U.S. does not provide more upward mobility than other nations do; if anything, young Americans’ economic fortunes are more tied to those of their parents than is true in other western nations...

bank criminality corporate tax avoidance funeral directors Jobs JPMorgan negotiations TPP Today's Teamster News 09.22.13

Local Teamsters No. 2, St. James Healthcare settle; Strike averted  Montana Standard   ...Local Teamsters No. 2 and St. James Healthcare ha...

Read more »