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Showing posts from June, 2021

Historical Profile: Jeremiah O'Brien

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Boston, MA. - At the Massachusetts State House there is a plaque dedicated to Jeremiah O'Brien an American naval officer. O'Brien (1744 - 1818) was born in Kittery, a province of Massachusetts Bay Colony. O'Brien was a Captain for the colonists in the first naval conflict during the American Revolution. He was also the first regularly commissioned naval officer and commander of the Revolutionary Navy of Massachusetts. Jeremiah O'Brien plaque - Massachusetts State House

Research indicates that CEO pay has significantly increased in the US since the 1970s

For the past several decades in the United States, wages for average American workers have stagnated. However, while the wages for average workers have flatlined; compensation for American executives have significantly increased over the past several decades.  Currently, the federal minimum wage in the United States is $7.25 per hour. At $14 per hour, the state of California has the highest minimum wage of any state in the U.S. In California, the $14/hr. rate pertains to only large employers. At $15/hr. only Washington, D.C. has a higher minimum wage than California.  According to U.S. News & World Report, in 2021, 25 states will see a minimum wage increase. According to research from the Economic Policy Institute, the rapid rise in CEO wages in the United States has caused increased economic inequality. The significant increase in CEO salaries started in the 1970s. In the 1960s and 1970s the ratio of CEO pay compared to that of a typical worker was 20- or 30-to-1. In rec...

Historical Profile: Rhode Island Beirut Memorial

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PROVIDENCE, RI. -  Lo cated along the Providence River next to Dyer Street, the Rhode Island Beirut Memorial pays tribute to the United States Marines from the state of Rhode Island who died in the Lebanon & Grenada conflicts in 1983. United States Marines were part of a group of 241 Marines, sailors, and soldiers who died after a bombing at the Marine Corps barracks in Beirut, Lebanon. The Marines were in Beirut on a peacekeeping mission during the Lebanese Civil War. The Beirut bombing on October 23, 1983, was the single deadliest day for the U.S. Marine Corps since the D-Day invasion of Iwo Jima in 1945 during World War II. The Beirut bombing was also the deadliest day for Rhode Island service members since the Civil War. The memorial includes a plaque with the names of ten Marines from Rhode Island who died in service to their country. A quote on the memorial reads: "In memory of these Rhode Island Marines who sacrificed their lives in Lebanon and Grenada."  Provi...