I am both confused and outraged : how the hell do these companies get a Tax break on insuring my life when I don't get one when I Insure my own life .
Of course this might explain their opposition to better health care .After all the quicker you DIE the quicker THEY get paid .

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At the avarice and greed inherent in Corporate America.

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that I can still take out a life insurance policy on Dick Cheney!

No? Damnit!

#@!

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Health Insurance executives are a lower life form, true scum. The grab for the almighty dollar is all they care about, they could care less about us unless they can, as we now see, make cash when we stop breathing - and they are doing all they can to make sure we do that sooner rather than later.

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How does this happen? how can they do this without the employees knowledge? When I considered a life insurance policy on my son... he had to sign a paper stating that he knew about it.

So, I would like to know who the insurance companies are who are supplying these policies for Corporation? How do we find THAT out if we cannot even find out if our employers even HAVE a policy on us.

This is so far beyond immoral. Whoever made it mandatory that we have insurance? Its ALL a racket. Government sanctioned and run.

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Michael Moore is trly amazing!

RT
www.complete-privacy.net.tc

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Because it probably won't play here in Aiken,SC.

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The problem started when the government changed the legal definition of a business/corporation to allow it private personal status.

By allowing large corporations the ability to be treated as individuals, they inherently allowed them to actually purchase insurance or anything else just like a spouse or family member could.

Until a legal precedent is set to combat corporate individual rights, this can and will continue.

I'm a business owner myself, and if anyone could claim individual status, it would be me because I'm a sole prop., not a Corporation.

ie: I AM the business.

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Welcome to the world of Reaganomics. This is what deregulation got us. We all wanted it we all got it. Better tell President Obama and Vice President Biden you want the Sherman Anti Trust Act turned back on full force. You better tell them you want to break up these monopoly companies that are listed as "Dead Peasant" employers. And while we are at it lets tax the rich again at 90%. That ought to do the trick at making all of us feel better, oh yeah and pay for health care. How about them workers bill of rights?

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When I die, I think I'll just wander off into the desert, unnoticed, except for the debts I leave behind for corporate America. heh heh

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The Corporations are using some of the same money in fighting against the public option. Thank about it.

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...the practice has been going on for generations, plantation owners taking policies out on their slaves, etc....

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...our third world work loads are leading us to an early grave this is just another win-win situation for the employers. Hell, if the payout is more than a contract on the employees life would be what's to stop them from ensuring the employee has an 'accident' a few days away from retirement? They could even start a 'death lottery' and choose the day of the 'accident'.

If Union Carbide can kill tens of thousands in Bhopal without fear of penalties, why worry about killing one person who works for you every few days?

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Obviously the author of this article and Moore don't believe in fact checking because they would rather feed their agenda than tell the truth. This practice has been illegal for over three years.
There is a key man insurance policy still being used but the purpose of that is if a key person to the operation of a company dies the money is used to offset loss to the company until he is replaced. That insurance is written and paid for by the company and has always been accepted as good financial policy.

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Are you kidding me? The deceased's family could use that money. The emotional impact upon them, when they discover the businesses benefitting from this is painful. What is wrong with these Disney, um, reporters?

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The Bush Presidency should be known as the magical presidency. When the twin towers were hit Bush DISAPPEARED. The Iraq nuclear missiles DISAPPEARED. The CIA tapes of interrigation DISAPPEARED. Bush was nowhere to be found when 'shotgun Dick' disclosed that Valerie Plame was a (covert) CIA agent which was classified information. When our embassy in Serbia burned Bush DISAPPEARED. Bush's Robber Baron presidency has made our money DISAPPEAR. With Voodoo Economics Georgie has made most of our jobs DISAPPEAR. But what would happen if Bush really disappeared? Can you imagine 'Deadeye Dick' with his finger on the nuclear trigger? If that were to happen everyone might just DISAPPEAR!!!!!!! When he wanted to put all the Social Security money in the stock market, Barney Frank said that Wall Street needed to be re-regulated. Bush replied by disappearing. He did manage to APPEAR just long enough to lobby for and sign into law CORPORATE WELFARE for the international banks. Goodbye Goofball Georgie, have fun in Texass.

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This is a prime example why industries such as tobacco, asbestos, insurance, etc. are pushing for so-called tort reform to safe guard them from these frivolous lawsuits. They want to gut or eliminate a right we have had since the beginning, the right to legal redress through a court of law by a jury of our peers. Sometimes lawsuits are the only means for the rest of us to draw attention to and demand compensation for such unethical actions. At the same time corps don't want to be included in this so called reform they still want to be able to sue each other for millions. They just want to eliminate that right from us. Demand your rights, tort reform, don't fall for it. To those who think this is off topic, would that lawyer have been part of this story if corps get their way and eliminate another our rights?
xvet

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If companies are considered individuals and can take out life insurance on their employees because they own them then 1) slavery is back, and 2) we, the people, can take out life insurance policies on anyone that receives taxpayers' money, including elected officials and those receiving a pension from having been an elected official (ie, Cheney, Bush, Rumsfeld, Gingrich, etc).

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Please write/email your congressman/woman, senator, and the President (www.whitehouse.gov). Not a single campaign promise has been kept by the elected receiving pay and benefits most of us will never see, and yet they still demand more donations, more money, more extortion/blood money. They're all on the take serving Wall Street and if we don't stand up to them NOW, nothing will ever change. I survived the 1960s and have always been afraid of something like that happening again, but now I'm more afraid if it doesn't. This time the slaves are ALL "peasants" regardless of race or gender. The only President in my lifetime I've ever trusted before Obama was Jimmy Carter. I want to trust Obama, but he needs us to speak out to motivate him to shake off the money master.

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Just when you think you've seen it all, it can't get any more ridiculous or sleazy . . . there's more.

There is one consistent lesson that anyone with a conscience and a functioning brain can recognize . . . there is no bottom, no depths of sleaze and corruption too low to be imagined.

I was just reading about the "death bonds" investment scheme now brewing on Wall Street, in which investors actually derive profit based on the premature deaths of patients in health care and insurance providers client rosters - this is not a joke.

But then, reading this story about "dead peasant" policies . . .

As I said, there is no bottom too low or sleazy for these scumbags to descend to.

I'm not religious, but if I were, even for the briefest moment, I would pray that there actually is a Hell . . . because I have a list of who should be there, and why - but I digress

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you either young and naive or old and dishonest. Check out the third world nations. In most cases they face unfettered capitalism. They more than likely face tyranny. Tyranny can come from any political form except a clearly participatory democracy. We and they face a capitalist tyranny.

Quality of life in the United States stands in 30th place in the world. The 29 above us nearly all use a highly modified capitalist system. The right calls this socialism.

The right lives worse in the United States than they do in the 29 countries above us. They are ignorantly and idiologically damaging themselves. They are damaging us even more.

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It is legal, bosses can and do purchase the insurance, but consider this little tidbit:

You, the employee, have zero credibility. The boss has total credibility, at reference check time. These bosses can, and do, give references restricting hires to dirty, polluting, and/or unhealthy jobs so that they can collect their premiums as early as possible.

They call this "quarantining" or "sequestration".

Remember, I'm the old gal who worked across from the HR office and heard anything the HR goon and his secretary discussed with the door open. Protect yourselves any way you can, and check often to ensure that the boss hasn't bought your lawyer off with cheap drugs or stock options.

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i don't understand how this can be legal...when one is married one has to notify his/her spouse if the beneficiary on a personal life insurance policy is changed...

also...is there any way i can find out if such a policy existed on my deceased husband? i'd sure like to give such a policy owner a piece of my mind...for the sake of my step son !!

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As one poster noted there have been "key person" policies around for years and there was a valid reason for them when corporations were small and national. Often that key person was the founding person or one of the founding partners or was a CEO or Board member with managerial controls. Their loss would have had a detrimental affect on their companies operations. But these "Dead Peasant" policies are not like that and have absolutely no moral or ethical reason to exist.

Corporate personhood, however, has given these mega-corporations the same rights as living, breathing people, and they are taking full advantage of it. They are claiming that they are above the normal rules that apply to people, but still claim to have the same rights as people - an argument that is both insane and allowable. If you want to put an end to the Dead Peasant insurance policies, you have to start by putting an end to corporate personhood. Corporations should never have the same rights as human beings and until we strip away those rights, we will continue to see this kind of "creepy" activity.

Corporations do not have a right to pursuit of happiness or even life when it infringes on the rights of human beings in their pursuit of life, liberty, or happiness. It should never be allowed to play craps with someone's life and deprive families of much needed assets when a person dies. It is immoral and unethical.

Join me on November 3rd to send a message to corporations, especially insurance corporations, that we will not tolerate this kind of gambling on people's lives. We will have you regulated, and heavily so, or we will know why from those we elect and we will vote them out and put in those who will protect us from such gruesome actions by corporations.

Let Freedom Ring.Community

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Welcome to the world of Reaganomics. This is what deregulation got us. We all wanted it we all got it. Better tell President Obama and Vice President Biden you want the Sherman Anti Trust Act turned back on full force. You better tell them you want to break up these monopoly companies that are listed as "Dead Peasant" employers. And while we are at it lets tax the rich again at 90%. That ought to do the trick at making all series posters show posters путешествия путешественникам private practice s03e03 hdtv.xvid-2hd english subtitles seropol5 of us feel better, oh yeah and pay for health care. How about them workers bill of rights?

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