Teamsters

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Today's Teamster News 09.11.13

Bankruptcy Court Judge Reopens Auction To Sell Allied  teamster.org   ...A U.S. Bankruptcy Court judge on Monday, September 9 granted the company’srequest to reopen the auction to sell the assets of Allied Systems Holdings and related companies. The ruling gives Teamster-represented Jack Cooper Transport the chance to show it is best suited to keep Allied operating into the future...
Coalition for Healthy Ports: NJ Governor Christie Vetoes Pro-Worker Legislation  teamster.org   ...It’s a shame that the Governor allows the pervasive practice of worker misclassification to go on unchecked in New Jersey when so many workers, and the state, are being cheated...
Teamsters say Ottumwa bus strike possible  KTVO   ...Local union officials say a disruption in bus service that provides transportation to Ottumwa school students may be coming in the near future...
JOLTS Shows Jobs Static Again - 3.1 Unemployed Per Opening in July 2013  Economic Populist   ...If one takes the official broader definition of unemployment, or U-6, the ratio becomes 6* unemployed people per each job opening...
Good Help Isn't Hard to Find  Center for Economic and Policy Research   ...people with college educations are increasingly turning to fast food restaurants for employment...
Republicans Try to Cut Food Stamps as 15% of U.S. Households Face Hunger  The Atlantic   ...A  GOP plan would yank federal food help from some 6 million people. Meanwhile, 49 million Americans live in households that have trouble putting meals on the table...
The Cost of Cash, for the Rich and the Poor  The New Yorker   ...In the U.S., the poorest individuals surveyed spend an average of more than three times as much as the wealthiest ones to access cash—specifically, about eighty-one cents a month for those earning under twenty-one thousand dollars annually, compared with twenty-five cents for those earning more than a hundred thousand dollars...
Banks Seen at Risk Five Years After Lehman Collapse  Bloomberg   ...While the amount of capital at the six largest U.S. lenders has almost doubled since 2008, policy makers and some Wall Street veterans say that’s not enough. They see a system still too leveraged, complicated and interconnected to withstand a panic, and regulators ill-equipped to head one off -- the same conditions that led to the last crisis...
Student loan bubble ready to burst  Daily Kos   ... JP Morgan pulling out of a bubble market after several years of parabolic increases in debt has caused many people to recall the smart money leaving the subprime housing market in 2006-2007 just before the entire financial system imploded...
In Mexico, self-defense groups battle a cartel  Washington Post   ...An audacious band of citizen militias battling a brutal drug cartel in the hills of central Mexico is becoming increasingly well-armed and coordinated in an attempt to end years of violence, extortion and humiliation...
French unions hold pension protests  The Guardian   ...Let by the hardline CGT union, demonstrations will take place in 180 locations across France - as workers show their anger against Hollande's proposal to make them pay larger contributions and wait longer to collect their pensions...
MURPHY’S LAW The Debtor Governor  Urban Milwaukee   ...Figures from non-partisan Legislative Fiscal Bureau figures show Walker’s debt level the worst since 1970...
De Blasio First in Mayoral Primary; Unclear if He Avoids Runoff  New York Times   ...Bill de Blasio, whose campaign for mayor of New York tapped into a city’s deepening unease with income inequality and aggressive police practices, captured far more votes than any of his rivals in the Democratic primary on Tuesday...
Bikers denied no-stop permit for 9/11 rally through D.C. but will ride anyway  Washington Times   ...The group said in a statement Sunday that D.C. officials denied their request for a special nonstop ride through town with a waiver for red lights, stop signs and other traffic signals. “What could have been a one or two hour ride through will now likely be an all day event,” the group said...

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