Teamsters

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Today's Teamster News 02.23.12

The “Can’t Find Workers” Meme  Columbia Journalism Review   ...These young folks don’t want to spend a lot of money and time training to do a specific job they might not get only to get laid off when some private-equity slicks (where the real money’s at) buy out the company and ship the jobs to China...
WikiLeaks: Saudis often warned U.S. about oil speculators  McClatchy   ...Saudi Arabia suspected that "speculation represented approximately $40 of the overall oil price when it was at its height."...
Chinese Open First Car Plant in Europe  Der Spiegel   ...Just as the Japanese and Koreans did decades ago, Chinese automakers are hoping to gain strong positions in the longer term in the Western European and United States markets...
Do-Over Season  New York Times   ...Is there really a chance that the Supreme Court might reconsider Citizens United? A week ago, I wouldn’t have thought so, and I still think it’s an extreme long shot. But a provocative statement last Friday by Justices Ruth Bader Ginsburg and Stephen G. Breyer makes this crazy idea worth pondering – which is undoubtedly what the two justices intended...
Wisconsin GOP Attempts to Ram Through Special Interest Mining Bill  PR Watch   ...Wisconsin Governor Scott Walker and Senate Majority Leader Scott Fitzgerald are pushing for radical changes in Wisconsin’s current mining law to benefit a single out-of-state company...
Clients Continue Exodus as Nuveen Investments Seeks Another Billion Dollar Refinancing, Teamsters Say  IBT   ...As Nuveen Investments seeks to refinance $1.1 billion in debt – just barely a year after the firm's last billion dollar refinancing – the International Brotherhood of Teamsters is urging clients carefully to consider the firms suitability as an asset manager in light of its highly leveraged financial condition, as well as its oversight and control by private equity owners Madison Dearborn Partners...

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