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Was Patriot Coal Designed to Fail to Dump Retiree Pensions?

In July, Patriot Coal filed for Chapter 11 bankruptcy in the Southern District of New York. Among the reasons for Patriot’s financial difficulties were the huge legacy costs related to health care benefits and pensions owed to retirees and widows of former employees. The company's intended goal, it seems, according to the Mine Workers (UMWA), is to get out of obligations to the miners that worked hard for decades, often doing significant damage to their own health.

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AFL-CIO Stands with Brazilian Workers and Democracy

Photo courtesy Wikipedia

Over the last few months, right-wing forces in Brazil have seized the opening created by a failing economy and corruption investigations involving all political parties to suspend a democratically elected president. The politicians leading the effort to remove the president are implicated in multimillion-dollar scandals. Ironically, there are no corruption or other criminal charges against the president, Dilma Rousseff.

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Looks Like Overtime: Winners and Losers of the Week

Each week, we take a look at the biggest friends and foes of labor. We celebrate the workers winning big and small battles, and we shame the companies or people trying to deny working people their rights.

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Mule Trader Trump

Mule Trader Trump

You’re at the bargaining table.

 The lead management negotiator slides over a piece of paper. “You're going to love what I'm proposing," the guy says.

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The Middle Class Is Shrinking: The Working People Weekly List

Every week, we'll be bringing you a roundup of the important news and commentary about issues and events important to working families. Here's this week's Working People Weekly List.

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Another New Trump Hypocrisy Exposed

Another New Trump Hypocrisy Exposed

Donald Trump has just blown a giant hole of hypocrisy in his own favorite stump speech. Not only is he an outsourcer himself, he’s also profiting off companies he trashes for doing it—notably Carrier and Oreo. Trump has proven once again that he’s guided entirely by his own interests, not the needs of working people. Investments in the parent companies for Carrier and Oreo are among the many findings by American Bridge in Donald Trump’s financial disclosure report. For 2015, Trump reported between $5,001 and $15,000 in interest from Mondelēz International, the parent company of Oreo. He also reported between $2,500 and $5,000 in interest from United Technologies, which owns Carrier.

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More Evidence on Why Inequality Matters

Photo courtesy Wikimedia Commons

The evidence has mounted, and is clearly accepted, that extreme income inequality has grown in the United States over the past 40 years—and by extreme income inequality, I mean a huge imbalance in income growth favoring the top 1% of the population. This is extreme because it is large enough and sufficiently imbalanced growth that it must force a rethinking of economic policies.

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Report: U.S. $1.44 Trillion Short in Critical Infrastructure Spending

Report: U.S. $1.44 Trillion Short in Critical Infrastructure Spending

During national Infrastructure Week, metro riders in Washington, D.C., were the latest Americans to get an alarming reminder of how badly our infrastructure needs improvement when popular website FiveThirtyEight.com noted that trains in the nation's capital catch fire, on average, more than four times a week. Scan the local news across the country, in places like Flint, Michigan, for example, and you'll see other stories of crumbling infrastructure. These stories of collapsing bridges, trains on fire and undrinkable water are far from just annoyances, they are a clear sign that the safety and prosperity of America's working people is in danger without massive improvements.

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New ITC Trade Report Shows How Dangerous TPP Is for America’s Families

This week, the U.S. International Trade Commission published a damning report about the Trans-Pacific Partnership, a trade and economic agreement between the United States and 11 other countries. The report predicts the TPP will increase the job-killing U.S. trade deficit by a whopping $21.7 billion.  

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You’ve Got Questions, The Student Loan Borrowers Hotline Has Answers

You’ve Got Questions, The Student Loan Borrowers Hotline Has Answers

Have questions about your student loans? Want to know if you can lower your payment or even pay off your loans faster? Having a hard time getting answers from your servicer or finding reliable information on the internet?

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Donald Trump Gets a Million-Dollar Loan from His Dad and Thinks Your Wages Are Too High

Funny, we think candidates who support working people would agree it's becoming harder and harder to afford a middle-class life. Wages simply haven't kept up with the cost of living. 

Yet Donald Trump, who got a boost from dad with a million-dollar loan, thinks our wages are too high already

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