Folks from both the political left and right are understandably furious. The lion’s share of our national wealth and income is increasingly concentrated in the hands of 1 percent of the population while the ranks of the poor continue to grow – almost 25 percent of our children live in poverty – and the middle class sees less opportunity in its future than at any time since the Great Depression.
Yesterday, the parent company of Massey Energy agreed to pay $209 million in criminal penalties, civil penalties, and compensation to the families of the 29 miners who were killed when its Upper Big Branch coal mine in West Virginia exploded on April 5, 2010. The company was also fined an additional $10.8 million yesterday by the U.S. Mine Safety and Health Administration — the largest fine in that agency’s history. More »
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