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Boeing Exec Says $3.7 Mil Not Enough

Boeing Co. Executive Vice President and General Counsel Michael Luttig pulled in $3.7 million in compensation in 2009. That’s a whopping 34 percent increase from 2008—and it came during a major recession.

Meanwhile, as Sen. Tom Harkin (D-Iowa) pointed out during a hearing yesterday (see video) on the shrinking American middle class, Boeing’s workers have seen just a 3 percent increase in their average compensation over the past 20 years!

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Pulte Got Taxpayer $$ to Create Jobs–But Didn’t

Ben Horowitz from Painter and Allied Trades (IUPAT) District Council 15, sends us this report.

In Romulus, Mich., seven community members linked arms and refused to leave the street outside the Detroit Airport Marriott, blocking a bus they believed was carrying PulteGroup’s board of directors. Minutes later, while the Romulus 7 were taken away in handcuffs, the PulteGroup board sat inside, still not held accountable for the $880M tax refund they ostensibly received for job creation.

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Report: Boehner’s ‘Territorial Tax’ Scheme Would Cost More Jobs

Even as millions of U.S. workers can’t find a job and corporate profits are through the roof, House Speaker John Boehner has proposed a change in the tax system that will shrink the job pool even more. Boehner’s suggestion to exempt U.S corporations from paying taxes on offshore profits would give companies even more incentive to move jobs overseas, according to a new report.

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Koch Brothers Exposed in Brave New Video

For years, billionaire brothers David and Charles Koch flew under the radar as they financed right-wing campaigns and extreme conservative think tanks to overturn financial regulations, corporate rules, environmental standards, workers’ rights and the entire litany of “evils” on the radical right agenda.

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AFL-CIO, NNU Back New Universal Health Care Bill

Last year, when Congress passed the Affordable Care Act, it was a “historic milestone on our path toward a more just society,” says AFL-CIO Executive Vice President Arlene Holt Baker, “But we also know that much work is left to be done.”

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It’s Time for Investors to Weigh In on Refinery Safety

Gary Beevers, United Steelworkers (USW) international vice president for Oil Bargaining, sends us this report. Beevers has extensive experience negotiating with major oil companies with the Oil, Chemical & Atomic Workers Union (OCAW).

A little after midnight on Good Friday last year, a heat exchanger on a naphtha hydrotreater unit at the Tesoro oil refinery in Anacortes, Wash., catastrophically failed.  The unit exploded, setting off a blast that shook homes five miles away and igniting a fire that could be seen anywhere in Anacortes.  Three oil workers died in the blast; four others died at the hospital from injuries sustained in the accident.

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2011 PayWatch: Average CEO Salary–$11.4 Million

While 25 million unemployed and underemployed U.S. workers are drowning, CEO pay skyrocketed by 23 percent, for an average salary of $11.4 million in 2010, according to the AFL-CIO Executive PayWatch. Released today, data compiled at PayWatch also show CEOs have done little to create badly-needed jobs, instead sitting on a record $1.93 trillion in cash on their balance sheets.

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