Posts Tagged ‘employees’

Ohio strip club dancers in bikinis protest at church that has been picketing them for 4 years The owner of an Ohio strip club and some of his dancers have been protesting at a church that has done the same to them for four years. Women in bikinis sat in camp chairs Sunday outside the New Beginnings Ministries church in Warsaw, about 60 miles northeast of Columbus. Tommy George owns the Foxhole strip club in nearby Newcastle. He says he and his employees decided to start coming to the church because they were fed up. George says the church’s pastor, Bill Dunfee, and his congregation have bothered the club’s weekend patrons. He says they come armed with bullhorns, signs and video cameras for posting customers’ license plate numbers online. Story continues below… Dunfee calls George a “parasite” and says seeing the protesters outside the church has strengthened the resolve of his flock. ___ Information from: The Columbus Dispatch, http://www.dispatch.com Source: AP News Powered by Mochila

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Ohio strip club dancers in bikinis protest at church that has been picketing them for 4 years The owner of an Ohio strip club and some of his dancers have been protesting at a church that has done the same to them for four years. Women in bikinis sat in camp chairs Sunday outside the New Beginnings Ministries church in Warsaw, about 60 miles northeast of Columbus. Tommy George owns the Foxhole strip club in nearby Newcastle. He says he and his employees decided to start coming to the church because they were fed up. George says the church’s pastor, Bill Dunfee, and his congregation have bothered the club’s weekend patrons. He says they come armed with bullhorns, signs and video cameras for posting customers’ license plate numbers online. Story continues below… Dunfee calls George a “parasite” and says seeing the protesters outside the church has strengthened the resolve of his flock. ___ Information from: The Columbus Dispatch, http://www.dispatch.com Source: AP News Powered by Mochila

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Report: California’s state pension fund knew of city’s high salaries in 2006 but did nothing. Officials at California’s state pension fund found out about the high salaries paid to officials with the city of Bell but did nothing to stop them four years ago, according to an internal memo sent Tuesday. The Los Angeles Times obtained the memo that pension staff sent to the board of the California Public Employees’ Retirement System. The state pension system granted an exemption to its rules in 2006 so the Bell city manager could get a 47 percent pay hike and still receive a full pension on his salary, according to the memo. The pension system found out about the salary hike while conducting an audit and told Bell officials they needed to get an exemption. Story continues below… CalPERS allows large pay hikes as long as they are spread out among a group of employees, as was the case in Bell, but exemptions are not granted for a single official, said CalPERS spokesman Brad Pacheco. “At the time, the city represented that the city manager was part of the top management groups or class, and all of the employees in this group or class received similarly large increases,” CalPERS’ head of employer services, Lori McGartland, wrote in the memo. “Based upon those representations, CalPERS granted a one-time approval of the city manager’s 2005 increase.” Pacheco said Bell officials may have violated other rules, and CalPERS staff are helping law enforcement in their investigations. The memo states that CalPERS has expanded its internal probe and is researching the pay of all members who are paid more than $400,000. Bell City Manager Robert Rizzo resigned after a Times investigation showed he received an annual salary of nearly $800,000. ___ Information from: Los Angeles Times, http://www.latimes.com Source: AP News Powered by Mochila

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2 US Embassy workers in Paris undergo medical tests after opening suspicious letter. Two men who work for the U.S. Embassy in Paris underwent medical tests after handling a suspicious letter Friday, but the embassy said preliminary analysis suggested it was not harmful. “There is no indication that the envelope contained something dangerous or poisoned,” Embassy spokesman Paul Patin said. “There is no indication that anyone is in danger or hurt.” A Paris police official said the employees were “unwell” after the incident. The official, who was not authorized to be publicly named because an investigation was under way, did not elaborate on the workers’ condition. Mailroom employees identified a suspicious letter and the embassy alerted the French authorities, Patin said. Story continues below… “The letter is being examined by chemical experts. The two people who handled the letter are being examined by medical authorities” at the Paris hospital Hotel Dieu, Patin told The Associated Press. The embassy could not immediately provide further information about where the letter came from or what was suspicious about it, or the nationalities of the employees. The mailroom is in the main building of the embassy, located just off the Champs-Elysees and not far from the French presidential palace. The embassy, which is always surrounded by layers of security, remained open after the incident, and employees were entering and exiting the building as usual Friday afternoon. ___ Associated Press writer Angela Charlton in Paris contributed to this report. Source: AP News Two men who work for the U.S. Embassy in Paris underwent medical tests after handling a suspicious letter Friday, but the embassy said preliminary analysis suggested it was not harmful. “There is no indication that the envelope contained something dangerous or poisoned,” Embassy spokesman Paul Patin said. “There is no indication that anyone is in danger or hurt.” A Paris police official said the employees were “unwell” after the incident. The official, who was not authorized to be publicly named because an investigation was under way, did not elaborate on the workers’ condition. Mailroom employees identified a suspicious letter and the embassy alerted the French authorities, Patin said. “The letter is being examined by chemical experts. The two people who handled the letter are being examined by medical authorities” at the Paris hospital Hotel Dieu, Patin told The Associated Press. The embassy could not immediately provide further information about where the letter came from or what was suspicious about it, or the nationalities of the employees. The mailroom is in the main building of the embassy, located just off the Champs-Elysees and not far from the French presidential palace. The embassy, which is always surrounded by layers of security, remained open after the incident, and employees were entering and exiting the building as usual Friday afternoon. ___ Associated Press writer Angela Charlton in Paris contributed to this report. Source: AP News Two men who work for the U.S. Embassy in Paris underwent medical tests after handling a suspicious letter Friday, but the embassy said preliminary analysis suggested it was not harmful. “There is no indication that the envelope contained something dangerous or poisoned,” Embassy spokesman Paul Patin said. “There is no indication that anyone is in danger or hurt.” A Paris police official said the employees were “unwell” after the incident. The official, who was not authorized to be publicly named because an investigation was under way, did not elaborate on the workers’ condition. Mailroom employees identified a suspicious letter and the embassy alerted the French authorities, Patin said. “The letter is being examined by chemical experts. The two people who handled the letter are being examined by medical authorities” at the Paris hospital Hotel Dieu, Patin told The Associated Press. The embassy could not immediately provide further information about where the letter came from or what was suspicious about it, or the nationalities of the employees. The mailroom is in the main building of the embassy, located just off the Champs-Elysees and not far from the French presidential palace. The embassy, which is always surrounded by layers of security, remained open after the incident, and employees were entering and exiting the building as usual Friday afternoon. ___ Associated Press writer Angela Charlton in Paris contributed to this report. Source: AP News Powered by Mochila

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As if to put the icing on the cake, the investment bank Goldman Sachs is set to shell out another $5 billion in bonuses to employees. What’s more, the bonuses are expected to cover the employees’ work for just the first three months of the year, according to the UK Sunday Times . According to the report, bankers will receive remuneration of about $170,000 per person for the firm’s 32,500 employees. Some traders are set to receive millions. Earlier this year, Goldman’s “junior” bankers were told they’d begin receiving salaries that were double their previous takes. “It’s made me rethink everything,” a Goldman Sachs employee, “sipping champagne,” told the site . “I like the new structure even better. My monthly take home just went way up.” Story continues below… In 2009, Goldman set aside a total of $16.7 billion for employee bonuses, which amounted to about $700,000 per employee. Goldman Sachs CEO Lloyd Blankfein received $9 million in restricted stock. News of the new bonuses comes as the Securities and Exchange Commission announced that its charging Goldman with civil fraud over a pre-packaged mortgage instrument they say was designed to fail. Goldman Sachs created the derivative — called Abacus 2007-AC1 — in response to a request from a hedge fund manager who predicted that the housing market would collapse and wanted to bet against it. The trader, John Paulson, later earned $3.7 billion for his wager. Goldman’s practices cost investors $1 billion, according to the filing. According to the New York Times, which first revealed details of the Abacus case, the instrument was among 25 Goldman created so that clients could bet against the housing market. The Times also revealed Monday that top Goldman executives were responsible for overseeing the unit in question, including a role by Goldman CEO Lloyd Blankfein.

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According to the article “The Missing Link in Health Reform: A Guarantee of Good Coverage At Work” by Richard Kirsch on huffingtonpost.com, the new House bill will require all but very small employers to offer and help pay for good health insurance benefits.  They can also choose to pay a percent of their payroll to the government to assist with covering subsidies. The Senate bill on the other hand doesn’t require employers to offer or pay for health insurance for their employees.  The Senate bill will require employers with 50 or more full time employees to pay a fine if their employees end up getting subsidies from the government.  What will actually end up happening depends on which bill gets implemented. The article points out that currently 150 million Americans get health insurance through their work so there are a lot of people who need to understand the changes.  During the past 10 years health insurance at work has deteriorated and more consumers are turning to individual health insurance .  A study of employers released in the fall says the trend is likely to continue in 2010.  Health care reform is a key component to how it will all play out.

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Health Care Reform Affecting Employer Sponsored Health Insurance

There are about 6 million uninsured Texas residents according to the article “Jason Roberson nominates uninsured Texans, whose staggering health care costs affect us all” by Jason Roberson on The Dallas Morning News. Texas continues to lead the nation in the percent of uninsured residents, with about one out of every 4 Texans walking around uninsured.  For Dallas health insurance, about 36% of residents under 65 will be uninsured in 2010 according to the state demographer.  The uninsured cost a lot of money as well.  Care for the uninsured in 2005 was about $4.6 billion and for 2010 it’s projected to cost about $6.5 billion according to the Texas Association of Health Plans in Austin. This cost is paid in part by the insured residents.  For 2010, Texans and Texas employers pay $1800 pre family and $630 per individual in higher health insurance premiums to help cover the uninsured according to The Center for American Progress.  Higher hospital costs which are generated by expensive ER visits by the uninsured drive up health insurance costs for employers which in turn causes them to drop health insurance benefits for their employees.  This just adds to the number of uninsured as the vicious cycle continues.

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Dallas Health Insurance: Uninsured Residents on the Rise

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