Thursday, August 23, 2012

Today's Teamster News 08.23.12

Sorry for the late posting folks ... we're on the West Coast today.

The Lost Decade of the Middle Class  Pew Research Center   ...for the first time since the end of World War II, mean family incomes declined for Americans in all income tiers. But the middle-income tier—defined in this Pew Research analysis as all adults whose annual household income is two-thirds to double the national median —is the only one that also shrunk in size, a trend that has continued over the past four decades...
Paul Ryan's 'Path to Prosperity' Is Really a Bad Trip on the Road to Economic Ruin  Alternet   ...Your guide to Ryan’s irresponsible budget fantasies and the lessons of economic history he missed...
China brazenly devalues its currency again  manufacture this   ...The yuan’s recent decline, the first in seven years, is raising eyebrows among U.S. politicians and sparking concerns that the weakening currency could trigger another round of nasty bickering between Beijing and Washington...
Colombian Hunger Strikers Sew Mouths Shut To Protest Firing By General Motors  International Business Times   ...Outside of the U.S. Embassy in Bogota, Colombia, 13 former General Motors Company (NYSE: GM) employees are staging a hunger strike protest charging worker mistreatment by the company, and seven of those men have sewn their mouths shut...
Democratic senators highlight bill to stop outsourcing of call center jobs  The Hill   ...The United States Call Center Worker and Consumer Protection Act would make businesses that move call center jobs overseas ineligible for federal grants or loans in order to protect call center jobs in their home states...
Teamsters President Hoffa: "We Have To Fight" To Stop Right-To-Work  Real Clear Politics   ...James Hoffa, president of the International Brotherhood of Teamsters, tells Jennifer Granholm that the first thing Romney would do is push for a national "right-to-work" law to restrict the rights of unions...