Friday, October 5, 2012

Today's Teamster News 10.05.12

Monetary Mystification  Project Syndicate   ...The current downturn, already a half-decade long, will not end any time soon...
Leaders at Work on Plan to Avert Mandatory Cuts  New York Times   ...in January...senators would come to an agreement on a deficit reduction target — likely to be around $4 trillion over 10 years — to be reached through revenue raised by an overhaul of the tax code, savings from changes to social programs like Medicare and Social Security, and cuts to federal programs...
Religious Leaders Slam Bankers  The Big Picture   ...religious and spiritual traditions worldwide demand a reform to the banking system … so that it stops serving the handful of banking executives and starts to serve the community and the well-being of all people...
Sea-Tac jet fuelers threaten strike over safety, worker's suspension  Seattle Times   ...Workers for Seattle-Tacoma International Airport's largest aircraft-fueling contractor marched with supporters to the company's office Wednesday and threatened to strike over the suspension of a co-worker and safety concerns...
The US middle class families without enough to eat  BBC News  ...At a basement food pantry in suburban Pennsylvania, 2,000lb (907kg) of food are given to roughly 160 families a week. The majority of families come from the Levittown neighbourhoods - an iconic planned suburb that once ushered in the era of a post-World War II American dream...
California Gas Stations Shut as Oil Refiners Ration Supplies  Bloomberg   ...Gasoline station owners in the Los Angeles area including Costco Wholesale Corp. (COST) are beginning to shut pumps as the state’s oil refiners started rationing supplies and spot prices surged to a record...