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Saturday, June 30, 2012

Del. lawmakers praise organized labor

Labor union demonstrators surrounded by soldie...
Labor union demonstrators surrounded by soldiers during the 1912 Lawrence textile strike in Lawrence, Massachusetts. (Photo credit: Wikipedia)
Organized labor
Organized labor (Photo credit: Wikipedia)
Del. lawmakers praise organized labor:

 "DOVER, Del. — State lawmakers have passed a resolution praising organized labor and directing that its history be taught in public schools in a "fair and balanced" way.

The resolution was approved 30-to-11 in the state House on Saturday after winning Senate passage two weeks ago."



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Tuesday, June 26, 2012

Deficitbots - YouTube

Deficitbots - YouTube:

 ""

Well, It May Be Time To Face The Fact That We Need Labor Unions... - Business Insider

Comparison of union support and union membership
Comparison of union support and union membership (Photo credit: Wikipedia)
Well, It May Be Time To Face The Fact That We Need Labor Unions... - Business Insider:

 "(Although the 1% likes to think of itself as investing the capital and "creating the jobs" that employ the rest of the country, this is a consensual hallucination. Jobs in this economy only exist because there are customers who can afford to buy the products. And customers can't buy products if they don't have any money. See: Finally, A Rich American Destroys The Fiction The Rich People Create Jobs)"



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Daily Kos: Union basics the media often gets wrong—and ways right-wing messaging sneaks into labor coverage

Daily Kos: Union basics the media often gets wrong—and ways right-wing messaging sneaks into labor coverage

: "Big labor

Ooh, scary, right? Not just labor, not just unions, not just millions of working people joined together, fighting together rather than one by one, having hired some lawyers and organizers to represent their interests, but big labor. It must be a fair fight between corporate money and Koch brothers money and U.S. Chamber of Commerce money and big labor money, right? No, of course it's not. But those are the assumptions embedded in the term, which is exactly why it's important to push back on it."



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Labor union loses high court fight over fees for 'political' purposes - CNN

Labor union loses high court fight over fees for 'political' purposes - CNN:

 "Labor union loses high court fight over fees for 'political' purposes"



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Monday, June 25, 2012

The Catching Up to 1968 Act of 2012

Minimum wages nationwide.
Minimum wages nationwide. (Photo credit: Wikipedia)
The Catching Up to 1968 Act of 2012:

 "Beginning one year after the $10.00 per hour minimum wage takes effect, and each year thereafter, the minimum wage will be indexed in proportion to the increase in the Consumer Price Index (CPI)."



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The Scam Wall Street Learned From the Mafia | Politics News | Rolling Stone

Bottom of Wall Street from FDR
Bottom of Wall Street from FDR (Photo credit: SheepGuardingLlama)
The Scam Wall Street Learned From the Mafia | Politics News | Rolling Stone:

 "By conspiring to lower the interest rates that towns earn on these investments, the banks systematically stole from schools, hospitals, libraries and nursing homes – from "virtually every state, district and territory in the United States," according to one settlement."



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Wednesday, June 20, 2012

Young Wall Street Traitor Joins Occupy Wall Street

Young Wall Street Traitor Joins Occupy Wall Street: "Wall Street recruits young, just out of college computer science majors and mathematicians to become “quants” whose skills are used among other things to predict when pension funds are going to make huge trades so that Wall Street can jump in ahead of them and do deals effectively raising the price the pension fund must pay or lowering the profit they might make."

One such young twenty something quant was Alexis Goldstein. Goldstein devised trading software for Deutsche Bank and Merrill Lynch. She has divulged some of Wall Street’s most closely held cultural secrets such as the phrase “rip the client’s face off” which means selling some derivative “solution” to a naive client such as a convent of nuns in Europe at a huge profit to the trader and to Wall Street while convincing the client that it’s the best deal they ever made. Sometimes they refer to these clients as “muppets.”

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