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Today's Teamster News 01.08.12

US 'seriously' considering $1 trillion coin to pay off debt  The Telegraph   ...The US is "seriously" considering creating a $1 trillion platinum coin to write down part of its debt to stop the world's largest economy defaulting as early as next month...
US Foreclosure Settlement Angers Wall Street Critics  RIA Navosti   ...A multibillion-dollar settlement announced Monday between US financial regulators and major banks over alleged abuses related to home foreclosures is the latest example of the financial industry running roughshod over the rule-of-law without repercussions, Wall Street critics said. “The bottom line is: Fraud pays...
Just 8% Now Say They Are Tea Party Members  Rasmussen Reports   ...Views of the Tea Party movement are at their lowest point ever, with voters for the first time evenly divided when asked to match the views of the average Tea Party member against those of the average member of Congress.  Only eight percent (8%) now say they are members of the Tea Party, down from a high of 24% in April 2010 just after passage of the national health care law...
Behind the Made-In-America Label  manufacture this   ...Given the choice between an American-made product and one made abroad, 78 percent of respondents would buy American...
Tax Avoidance On the Rise: It’s Twice the Amount of Social Security and Medicare  The Cagle Post   ...The wealthiest Americans save $3 trillion dollars a year through a system of subsidies and tax avoidance schemes, which totals three times more than our annual deficit. That’s enough for a full-time job for every middle-class household in America...
Wendy’s Franchise Cuts Employee Hours To Part-Time To Avoid Obamacare  ThinkProgress   ...this strategy may backfire on the Omaha Wendy’s operations. This fall, Denny’s quickly distanced itself from a franchisee’s similar ploy, while Darden Restaurants saw a sharp 37 percent drop in profit after threatening to cut workers to part-time...
Arkansas to Study Possibility of High-Speed Rail Connecting Memphis, Little Rock and Texarkana We party Patriots   ...State transportation officials anticipate spending between $1 million and $1.25 million in federal and state funds to study two long-range railroad transportation plans...
Scott Remains Polarizing Figure as He Faces Re-election  Miami Herald   ...polls show he remains unpopular with no hint of improvement, a red flag that the public’s negative view is unyielding. If Scott is going to improve his standing with Floridians, it’s now or never...
Michigan Legislature Walk of Shame  Facebook   ...Legislators will be sworn-in at a ceremony at the State Capitol on Wednesday, January 9, where they will be welcomed with a ‘Walk of Shame’ highlighting their votes during the lame duck session...

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