Coal execs' pay rises and rises, while miners' wages stagnate

The coal CEOs who are leading their companies to bankruptcy are pocketing multimillion-dollar bonuses, with average coal exec wages rising five times as fast as wages for miners since 2004: execs take home an average of $200K (up 60%!) while tractor/truck drivers average $43,770 (up 15%, a real-terms pay-cut) and mining construction workers average $31,470 (up 11%, another real-terms cut). Read the rest

Bernie Sanders: Trump just used your taxes to reward Carrier for offshoring American jobs

Last February, Carrier announced that it was offshoring its US air-conditioner manufacturing jobs to Mexico, despite having made a $7.6B profit that year, despite having received more than $6B in US military contracts, despite having recved a $50M tax-break, despite having paid its retiring CEO a $172m bonus, despite having spent $12b on stock-inflating accounting tricks. Read the rest

Nigel "Brexit" Farage, having tanked the UK economy, retires to "get his life back"

Nigel Farage, a stock broker who spent years pretending to be a working class lad in a flat cap, has announced that he is quitting as leader of the United Kingdom Independence Party because now that he has "[his] country back" he wants to "get [his] life back." Read the rest