Corporate Profits Are Eating the Economy
Here are two things that are true about the economy today.
(1) The Dow Jones industrial average is poised to set a new record as corporate profits stretch to all-time highs.
(2) There are still fewer working Americans today than there were before the start of the Great Recession.
The fact that these two things can be true at the same time might outrage you. But it shouldn’t surprise you.
Read more. [Bottom Image: FRED]
The Indiana State Building & Construction Trades Council wants to keep everybody updated on the comings and goings in the statehouse.
Right now are major concerns remain HB 1011, Indianapolis Area Mass Transit, and SB 510/HB 1515, which work to derail Leucadia’s $2.8 billion coal gasification plant at Rockport. House Bill 1011 is scheduled to be voted out of committee this Wednesday.
Keeping the Rockport project on track is our priority of the week. Bosma and Long have told reporters that they plan to have a joint hearing to review the Rockport project. We must call, write, and email the leadership and the utilities committee members to let them know that this project still has widespread support. Please email the below legislators to let them know that we support the Indiana Gasification SNG plant at Rockport!
You can view the full list of bills they are keeping tabs on at the above link.
From the Indiana AFL-CIO:
Brothers and Sisters,
The union-busting Governor of Wisconsin Scott Walker said it: “Elections have consequences.” And according to Scott, he learned at the knee of Mitch Daniels.
We sure have seen those consequences in Indiana. Rising income inequality. Attacks on our kids’ teachers. Attempts to ban project labor agreements. Outsourcing jobs. Right to Work.
Want more? Do nothing and you’ll get it.
Had enough? Then fight back. Here’s how:
WASHINGTON — A coalition of community, labor and good-government organizations is calling on the U.S. Office of Government Ethics to investigate GOP presidential candidate Mitt Romney for noncompliance with the Ethics in Government Act and compel him to either disclose his investments or divest them.
“The American people have a right to know about Governor Romney’s potential conflicts of interest, such as the profits his family made from the auto rescue,” said UAW President Bob King. “It’s time for Governor Romney to disclose or divest.”
Brothers and Sisters,
Let’s make our own news.
The average American spends nearly three hours a day watching television and another half hour complaining that there is nothing good on TV (ok, the second part of that statistic is more anecdotal than factual). But if each of you dedicates just one day’s TV time to changing our state during the next seven days, we can make our own news.
Because this is it. In just 7 days, working people can reclaim their government and restore the balance of power in this state and country. We can tip the scales toward the average Hoosier, or we can watch our state spiral further out of control. It’s up to you.
In these final days, give a few hours to fight for your jobs, your kids, your mom and dad and your brothers and sisters. Volunteer to go door to door, work a phone bank of hand out leaflets at a worksite near you making sure working people vote.http://act.aflcio.org/salsa/track.jsp?v=2&c=KTf5kd9y7Dx1rfmQmaFe6D%2B%2BwbmIBwRr
The race for Indiana Governor, U.S. Senate and control of the Indiana State House are too close to call – and if working people turn out to support those that stand for our values and principles – we can win and restore balance to the statehouse and the nation’s capital.
If you don’t like what’s been happening in Washington D.C. or in Indianapolis – then this is your last chance to stand up and fight back against the attacks on our unions, our wages and our way of life.
So record your favorite shows, cut down on watching re-runs, and volunteer at one of the following locations and times to help make sure working people exercise their right to have a say in what kind of world we will build and leave to those who will follow us.
Starting Thursday we’ll be hosting activities in communities across this state to maximize the turnout of union members and their families. Please volunteer a few hours at any of the following locations and make a difference! In Solidarity, The Indiana AFL-CIO
Phone Bank Location: Association of Federal Government Employees Office, 5674 Caito Drive, Indianapolis
Labor to Labor Walks Days: Thursday, Friday, Saturday, Sunday, Monday
Phone Bank Location: Ala Caterers, 617 W. 37th St. Marion
Labor to Labor Walks Days: Thursday, Friday, Saturday, Monday
Phone Bank Location: St. Joe Valley Building Trades Hall, 1345 Northside Blvd., South Bend
Labor to Labor Walks Days: Thursday, Friday, Saturday, Monday
Phone Bank Location: AFSCME Office, 2222 Ridge Road, Gary
Labor to Labor Walk Days: Thursday, Friday, Saturday, Sunday, Monday
Phone Bank Location: 2535 S. 30th St., Lafayette
Labor to Labor Walk Days: Thursday, Friday, Saturday, Monday
Phone Bank Location: LIUNA Local #795, 1213 State St., New Albany
Labor to Labor Walk Days: Thursday, Friday, Saturday, Monday
Phone Bank Location: New Labor Temple, 310 SE 8th St., Evansville
Labor to Labor Walk Days: Thursday, Friday, Saturday, Monday
Romney claims the Environmental Protection Agency’s (EPA’s) enforcement of regulations controlling greenhouse gas emissions from coal power plants is a centerpiece of the so-called war on coal. But Trumka explained those rules are a result of Massachusetts—under the Romney administration—suing to force the EPA to enforce strong emission standards.
President Obama, said Trumka, “stands head and shoulders above Romney when it comes to coal miners and their futures.”
An awesome compilation of the would-be-funny-in-other-circumstances quagmire that Richard Mourdock dragged Mitt Romney into.
Today Massachusetts Building Trades President Frank Callahan released an open letter to construction workers across the country that pointed out Mitt Romney’s poor record on issues affecting construction workers during his term as Governor of Massachusetts
