The Huffington Post cites the top 10 examples of corporate welfare and welfare for the rich. There are actually thousands of tax breaks and subsidies for the rich and corporations provided by federal, state and local governments.
U.S. workers got short shrift from policymakers during the last five years compared to the nation’s financial institutions. While banks received a bailout from the economic meltdown they caused, homeowners were left to go it alone and many were forced into foreclosure.
The Teamsters and American workers face a moment of reckoning. The time has come where people must stand up and say enough is enough to companies that seek to take advantage of employees and taxpayers.
The Teamsters for years have been an outspoken critic of fast-track trade authorization which allows bad proposed trade agreements to move through Congress on just a quick up-or-down vote. And in the last week, we were joined by 185 House lawmakers who feel the same way.
An old friend who has been active in politics for more than 30 years tells me he's giving up. "I can't stomach what's going on in Washington anymore," he says. "The hell with all of them. I have better things to do with my life."
Locked-out federal workers gathered in front of the Capitol in Washington D.C. Friday to protest Republican extremists in Congress who shut down the government.
We’ve written many times in this space about how union jobs provide a better standard of living for workers. And a new analysis of U.S. Census Bureau stats released last week backs that up. Workers in states with higher union memberships are earning more than those in the least unionized states.
The Teamsters have long called for financial reform. Now a retired Citigroup chief executive who was once one of Wall Street’s biggest proponents of the creation of mega-banks has seen the light. John Reed, who led Citigroup from 1984 to 2000 and then served as the head of the New York Stock Exchange, now says banking rules need to be changed to avoid another economic
America is losing tens of thousands of good manufacturing jobs to South Korea because of the trade deal that took effect March 15, 2012.
The divide in pay between top executives and regular workers is out of control. A recent Bloomberg News calculation concluded that chief executives on average take home 204 times more than their rank-and-file employees.