Saturday, May 12, 2012

Today's Teamster News 05.12.12

Extended jobless benefits cut in eight states  Washington Post   ... about 400,000 long-term unemployed Americans in 27 states will have been cut off of the federal government’s extended unemployment benefits program this year, according to an analysis by the National Employment Law Project, which advocates for the unemployed...
S.E.C. Opens Investigation Into JPMorgan’s $2 Billion Loss  New York Times   ...Regulators are investigating potential civil violations surrounding the $2 billion loss that JPMorgan Chase disclosed on Thursday, raising further questions about trading activities at the nation’s biggest bank...
Unfairness to homeowners blocks recovery (opinion)  Marketwatch   ...Our legal system permits every kind of property owner to reduce their mortgages, with one exception; homeowners are given no way to reduce excess mortgages...
Seniors' Social Security Garnished for Student Debts  Truthout   ...two million US seniors age 60 and over have student loan debt, on which they owe a collective $36.5 billion; and 11.2 percent of this debt is in default...
Why the Walker Video Disclosure Has Staying Power  The Political Environment   ...The video will resonate with even more oomph and permanency than will the prank call taped with Walker by a blogger a year ago...
Council to revisit Teamsters issue  Pekin Daily Times   ... city officials continue to say there is no tentative agreement with the Teamsters Local 627...