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February 04, 2026

Today in 2009
President Barack Obama imposes $500,000 caps on senior executive pay for the most distressed financial institutions receiving federal bailout money, saying Americans are upset with “executives being rewarded for failure.”

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The Butterfly Effect: The Coming Labor Wars
Updated On: May 15, 2020
May 15, 2020 | THE FUTURE OF LABOR | […] The U.S. has witnessed a surge in union action during the pandemic. Expect more in the months to come as states rush to open up their economies, paying little heed to workers’ concerns. It’s an approach that might work for some companies — at least temporarily. But if history is any guide, the social and political costs of ignoring labor rights during this once-in-a-lifetime crisis may come back to haunt free-market democracies. We only need to look back to the 1930s, and the last economic recession of this scale… OZY
 
 
Teamsters Local 355
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