The union for a Los Angeles trucking company, Teamsters Local 986, was forced out after nearly 80% of workers signed a petition with the National Labor Relations Board to remove it. The National Labor Relations Act governs private sector workers, …
via CNN: Eventually, there aren’t any more half measures to take or stalling tactics that work. It doesn’t matter what you were promised or what you believe you earned. Pension recipients simply will not receive what they were promised to …
Sen. Chuck Schumer and Rep. Peter King joined Long Island Teamsters Tuesday in calling for union pension shortfalls to be funded through Treasury bonds tied to the federal budget. Schumer (D-N.Y.) and King (R-Seaford) are pushing Congress to pass the …
by Martin Armstrong The Pension Crisis on the horizon is far worse than anyone can imagine. This is the final straw that will break the back of socialism the same as communism fell. Pensions are in a state of crisis …