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Updated DAILY... Almost Every Day!™ by 9 a.m. Pacific
Monday , March 15, 2010
Several dozen protesters chanted outside a Chase Bank branch in downtown Seattle today, urging the company and other big Wall Street banks to pay their fair share to maintain state services and create jobs. Specifically, the protesters were angry that powerful banking lobbyists in Olympia are fighting to maintain a $67 million tax giveaway for out-of-state banks at a time that schools, health care and other important state services are being slashed. Read more. ► At AFL-CIO Now -- "I Am Not Your ATM" -- Working America has launched this campaign to let Wall Street know that its banks need to be held accountable with a strong, independent Consumer Financial Protection Agency. Rather than ask taxpayers for more money, big banks need to start repaying us for the damage they’ve done.
Dale Daugharty passes away
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Legislative news:
► At Olympia Newswire -- State government size remains steady; rising costs the problem -- It’s the cost of government, not the size of it, that is out of control. The number of government employees in the state, as a percentage of the population, has remained relatively constant. ► In today's Yakima H-R -- State employee raises are on taxpayers' dime (guest column by Rep. Charles Ross) -- There are some state employees who will receive (step) pay raises at a time when hundreds of thousands of private-sector workers are losing their jobs. The Legislature should have made more realistic agreements with state employee unions. ► In Sunday's News Tribune -- Privatizing liquor stores will help state budget (guest column by two Chamber guys) -- We are asking lawmakers to start efforts today to privatize this resource. There is little reason to conduct a lengthy study of this matter as there are already 42 other states that allow privately owned liquor stores. (The reason there is little reason to conduct a study is because this proposal has been studied to death over the past few decades and it never pencils out to be a cost-saver. And the potential downsides are considerable. Learn more.)
Health care news:
► In today's Washington Post -- Democratic leaders say health bill will pass -- Democratic leaders scramble to pull together enough support in the House for a make-or-break decision later this week, expressing optimism that a package will soon be signed into law by President Barack Obama despite a lack of firm votes for passage ► In today's NY Times -- Millions spent to sway Democrats on health care -- The yearlong fight is drawing to a frenzied close as a multimillion-dollar wave of advertising, spearheaded by the U.S. Chamber of Commerce, that rivals the ferocity of a presidential campaign and takes aim at about 40 House Democrats whose votes will determine the fate of health care reform.
(Dear Rep. Smith: Please stop worrying about politics and elections, and vote based on the courage of your convictions. The current health care system is killing Americans and killing American jobs. Fix it!)
Boeing news:
► In the Seattle Times -- FAA requires inspections of 600 737s -- Its emergency airworthiness directive requiring checks of a mechanism that controls the flap on the 737s' horizontal tails.
Local news: ► In the Tri-City Herald -- La Clinica settles over union complaints -- The clinic announced this week that it has settled with the NLRB after an investigation of OPEIU 8's allegations that La Clinica threatening employees with firings or layoffs if they didn't agree to reduce or eliminate benefits or get rid of the union and other unfair labor practices. "We found merit to a number of the allegations and (La Clinica) agreed to settle," said the NLRB's regional director. ► In the Tri-City Herald -- Tri-City hospitals nearing capacity -- Tri-Citians can expect to see longer waits for health care or will need to travel outside the area for care as local hospitals are filled to capacity, and expansion may be years away. ► In today's Columbian -- Heck "choked up" over Baird endorsement -- U.S. Rep. Brian Baird ended his silence Saturday on which candidate he favors to succeed him, endorsing Democrat Denny Heck for the 3rd Congressional District seat he is vacating after six terms.
National news:
► In today's LA Times -- SAG's board makes peace with AFTRA -- Hollywood's two actors unions have officially ended their two-year feud. The Screen Actors Guild board of directors voted Saturday by a ratio of 78% to 22% to revive a joint bargaining agreement with its smaller rival, the American Federation of Television and Radio Artists. ► Today from AP -- Social Security to start cashing Uncle Sam's IOUs -- For decades, Social Security has collected more money in payroll taxes than it paid out in benefits. Not anymore. This year the retirement program is projected to pay out more in benefits than it collects in taxes -- nearly $29 billion more. But the federal government borrowed from the program's nest egg to spend on other programs, leaving behind IOUs that must now be paid.
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MONDAY,
MARCH 15, 2010
As part of the AFL-CIO's national grassroots campaign to "Make Wall Street Pay to Create Good Jobs NOW," Link also echoed the labor movement calls for big banks to pay their fair share to fix the economic mess they created. "These big Wall Street banks turned their backs on us. After they took 700 billion dollars of our money in taxpayer bailouts. They refused to lend money to families and small businesses, and instead they lined their pockets with record-level bonuses in 2009," Link said. "Our country is in the midst of a jobs crisis -- a crisis created by big Wall Street banks like JP Morgan Chase, and these are the institutions that should pay to create the 11 million jobs America needs to fix their mess."
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Copyright © 2010 -- Washington State Labor Council, AFL-CIO
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