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Reply #70: The employee should get a percentage of the action. [View All]

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Butch350 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-03-09 02:31 PM
Response to Original message
70. The employee should get a percentage of the action.

I understand the employer is paying the premium but upon death there should be an agreement that
the deceased family should get a part of the payoff.
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  -"We Were Stunned When We Saw This in Michael Moore's Latest Film" Claire Shipman of ABC News Turborama  Oct-03-09 12:21 AM   #0 
  - K & R  democracy1st   Oct-03-09 12:28 AM   #1 
  - We have commie gubmint run OSHA on 1 side, and legal incentive for early death on the other.  Billy Burnett   Oct-03-09 10:15 AM   #43 
     - Tax Break  Braulio   Oct-03-09 01:50 PM   #67 
        - Bingo!  whathehell   Oct-03-09 03:42 PM   #75 
        - When the country is BROKE, they need TAX REVENUES!!  loudsue   Oct-03-09 03:47 PM   #78 
  - Oh, this is what I love about high paid premiere shitty reporters...  HardWorkingDem   Oct-03-09 12:30 AM   #2 
  - Yep - shitty, lazy, bought  Ishoutandscream2   Oct-03-09 08:58 AM   #36 
  - Yes indeed. Journalism at a new low. Claire, if you'd read anything in your life, you'd be on to  LuckyLib   Oct-03-09 11:36 AM   #55 
  - I don't know.... this isn't "common knowledge" by any stretch.  Quantess   Oct-03-09 03:11 PM   #73 
     - First I've heard of it too...If it isn't too much  whathehell   Oct-03-09 03:45 PM   #76 
     - For $600,000+ per year, it is her JOB to read widely and deeply, to know something  LuckyLib   Oct-03-09 04:09 PM   #80 
     - Gee, I've known about this for months, if not years.  mwb970   Oct-03-09 06:45 PM   #89 
     - Thanks for posting this  ashling   Oct-03-09 09:49 PM   #96 
     - What does "journalist" mean, then? PARROT?  WinkyDink   Oct-03-09 07:22 PM   #90 
  - +100  emilyg   Oct-03-09 12:12 PM   #57 
  - Shipman doubled her NBC salary by moving to ABC for $600,000/yr in 2001.  Bozita   Oct-03-09 10:36 AM   #46 
  - just like the "Pet Goat" video in Fahrenheit 9/11  Enrique   Oct-03-09 11:06 AM   #50 
  - I think that's the most one-sided Youtube comment section I've ever seen  tridim   Oct-03-09 12:31 AM   #3 
  - Look for lots of violence - maybe even some terrorist activity -- distractions . . .  defendandprotect   Oct-03-09 01:01 PM   #62 
  - It's not just creepy-it seems it may be a reason for big companies to  jhrobbins   Oct-03-09 12:31 AM   #4 
  - well, you ARE worth more to em dead than alive, so.....  abq e streeter   Oct-03-09 01:01 AM   #11 
  - Well. That explains why our company president sent out a corporate wide  chalky   Oct-03-09 01:13 AM   #12 
  - BINGO!!! Notice how the reporter does not explain how to research a co. to see  midnight   Oct-03-09 07:01 AM   #24 
     - how do you research this?  northernlights   Oct-03-09 08:41 AM   #32 
     - They said the employers are now required to get your consent (since 2006).  Honeycombe8   Oct-03-09 09:55 AM   #40 
        - But the policies BEFORE 2006  Tx4obama   Oct-03-09 03:46 PM   #77 
           - That isn't the way I understood it. They have to pay for the policy every year, so the new  Honeycombe8   Oct-04-09 10:28 AM   #103 
  - Good. Claire Shipman shocked? I love it. nt  babylonsister   Oct-03-09 12:41 AM   #5 
  - COLI: Corporate Owned Life Insurance  Fridays Child   Oct-03-09 12:43 AM   #6 
  - I believe Wal-Mart has been doing this for years and years,  WestSeattle2   Oct-03-09 02:43 PM   #71 
     - Yep. Walmart is a perp. In fact, they got caught doing it in a state where it's illegal.  Fridays Child   Oct-03-09 06:12 PM   #85 
  - Shipman says, "Nobody really gets hurt, but... it's creepy."  intheflow   Oct-03-09 12:52 AM   #7 
  - It certainly sounds like fraud to me.  midnight   Oct-03-09 07:03 AM   #25 
  - not to mention conflict of interest  northernlights   Oct-03-09 08:46 AM   #35 
  - Take the candy and throw it out!!!!!  onlyadream   Oct-03-09 11:08 AM   #52 
  - Star-Ledger reporter here in NJ said he didn't get why the emotion over this . . .  defendandprotect   Oct-03-09 01:02 PM   #63 
  - I lived in North Jersey from 1990-1997...The Star Ledger was a Republican  whathehell   Oct-03-09 03:37 PM   #74 
  - I don't think it's changed . .. I don't read it -  defendandprotect   Oct-04-09 09:17 PM   #105 
  - It's the motive. Insurance bought by an employer when your worth  The Wielding Truth   Oct-03-09 10:25 PM   #99 
  - Not to mention...  MessiahRp   Oct-03-09 05:49 PM   #83 
  - Wasn't insuring someone without his knowledge outlawed after Murder Inc.?  aquart   Oct-03-09 12:53 AM   #8 
  - The companies do it for a tax break and a big payout when an  MadMaddie   Oct-03-09 12:55 AM   #9 
  - I remember a story, years ago, when a WalMart(?) employee died and  SharonAnn   Oct-03-09 10:09 AM   #42 
  - Greg Palast calls this "shooting the wounded", when the MSM suddenly "discovers"  abq e streeter   Oct-03-09 01:00 AM   #10 
  - I saw a report on it on one of the major channels about two years  sabrina 1   Oct-03-09 02:19 AM   #13 
  - Thank you.  Bolo Boffin   Oct-03-09 03:12 AM   #16 
  - Greg Palast should be our MSM. nt  Enthusiast   Oct-03-09 04:55 AM   #20 
  - Rate it on YouTube too  NBachers   Oct-03-09 02:35 AM   #14 
  - Yup- Grayson was correct about Republican Health Care "Plan B"  stlsaxman   Oct-03-09 04:44 AM   #18 
  - It is exactly true. nt  Enthusiast   Oct-03-09 04:57 AM   #21 
  - These are Credit Default Swaps on people, plain and simple.  Bolo Boffin   Oct-03-09 03:11 AM   #15 
  - I was thinking the same. CDS on people.  Enthusiast   Oct-03-09 04:59 AM   #22 
  - knr! n/t  indimuse   Oct-03-09 04:31 AM   #17 
  - Why didn't we hear this from the M$M?  Enthusiast   Oct-03-09 04:52 AM   #19 
  - ...  CrispyQ   Oct-03-09 08:39 AM   #31 
  - yer killin' me  pollo poco   Oct-03-09 09:17 AM   #38 
  - Why make the workplace safer, when we can insure the victims?  tclambert   Oct-03-09 06:15 AM   #23 
  - Everyone acts like it is hard to articulate why this is wrong  ProfessorPlum   Oct-03-09 07:22 AM   #26 
  - Nice Freudian Slip - Untinkable Questions  drexel dave   Oct-03-09 07:39 AM   #27 
  - Were you really, Claire? Stunned?  tanyev   Oct-03-09 08:01 AM   #28 
  - Well said.  Dangerously Amused   Oct-03-09 11:15 AM   #53 
  - And conservatives complain that the MSM had a "liberal bias"  alp227   Oct-03-09 12:22 PM   #59 
     - With all the stories about cheating celebrities...  Beartracks   Oct-03-09 07:32 PM   #91 
        - Not necessarily "liberal" bias, but rather "pro-ratings" bias  alp227   Oct-03-09 07:58 PM   #92 
           - Oh, no no no: **I** know that!  Beartracks   Oct-03-09 09:35 PM   #94 
              - Both liberals AND conservatives have expressed concern about sensationalism in MSM  alp227   Oct-03-09 10:43 PM   #100 
                 - Yes, true.  Beartracks   Oct-04-09 03:24 AM   #102 
  - K&R n/t  myrna minx   Oct-03-09 08:05 AM   #29 
  - Didn't it use to be illegal to sell a life policy on someone without the person knowing about it?  CrispyQ   Oct-03-09 08:33 AM   #30 
  - So how do you look up something like this?  The Animator   Oct-03-09 08:41 AM   #33 
  - Is there incentive to "work" people to death  BanzaiBonnie   Oct-03-09 08:46 AM   #34 
  - To them (and the Nosurance corporations), we're not "people"  Amonester   Oct-03-09 10:06 AM   #41 
  - How did the Record Store KNOW the kid was gonna die?  janedum   Oct-03-09 09:08 AM   #37 
  - Michael Moore had to uncover this and SURPRISE the "Press"? LOL  newmac   Oct-03-09 09:39 AM   #39 
  - K&R  jeff30997   Oct-03-09 10:18 AM   #44 
  - I don't understand how people qualify for this.  nolabear   Oct-03-09 10:30 AM   #45 
  - I'm guessing it's term insurance, no qualification, no questions asked. Just place your bet. Sort  54anickel   Oct-03-09 10:42 AM   #48 
  - and all these corporate shills could say about it was that it's creepy.  bobshin   Oct-03-09 01:43 PM   #66 
  - Creepy? Doesn't hurt anyone? I call BS!!! Of course it hurts others, by causing an  54anickel   Oct-03-09 10:38 AM   #47 
  - I want to know how they found this out. n/t  Fire1   Oct-03-09 11:05 AM   #49 
  - "Nobody's really getting hurt"?  Plaid Adder   Oct-03-09 11:07 AM   #51 
  - The government also profits when we die, and they make the absolute most of it  marshall   Oct-03-09 11:15 AM   #54 
  - I would expect that under Bush--but that needs to change now.  DuaneBidoux   Oct-03-09 12:59 PM   #61 
  - K & R n/t  ihavenobias   Oct-03-09 11:41 AM   #56 
  - Maybe this explains why the airlines are cutting back on maintenance  cpamomfromtexas   Oct-03-09 12:17 PM   #58 
  - Since 2006 the law says...  Tx4obama   Oct-03-09 03:51 PM   #79 
  - Anybody want to bet that some employees don't get shifted into higher risk tasks because of the ins  DuaneBidoux   Oct-03-09 12:57 PM   #60 
  - It would depend on what state the employee worked in  dflprincess   Oct-03-09 01:19 PM   #64 
  - Corporations are a pile of manure, period. nt  Sarah Ibarruri   Oct-03-09 01:21 PM   #65 
  - Well, piles of manure can help bring forth life.  truedelphi   Oct-03-09 02:02 PM   #68 
     - So true LOL! I forgot that at least piles of manure can be used as compost :-) nt  Sarah Ibarruri   Oct-03-09 02:18 PM   #69 
  - The employee should get a percentage of the action.  Butch350   Oct-03-09 02:31 PM   #70 
  - Absolutely disgusting...  fubarsnafu   Oct-03-09 03:08 PM   #72 
  - Duh! It takes a Michael Moore movie to get journalist to do their fucking job....And if  GreenTea   Oct-03-09 04:27 PM   #81 
  - No insurable interest =  Ajaye   Oct-03-09 04:28 PM   #82 
  - I don't see a problem with the concept. But the application  dbmk   Oct-03-09 10:07 PM   #98 
  - "only banks are required to reveal it" "it's not easy to find..."  underpants   Oct-03-09 06:01 PM   #84 
  - KandR  Dystopian   Oct-03-09 06:12 PM   #86 
  - The REAL QUESTION that needs to be asked is??  kayla9170   Oct-03-09 06:25 PM   #87 
  - As preposterous as your theory is, sadly I'm sure it's been  WestSeattle2   Oct-04-09 01:02 PM   #104 
  - Surely those highly paid asswipes on the news realize that they are all "insured"?  Rabrrrrrr   Oct-03-09 06:31 PM   #88 
  - This practice has been around a long time. I recall reading  Norrin Radd   Oct-03-09 09:23 PM   #93 
  - As if my employer needed any incentive to work me to death  ashling   Oct-03-09 09:43 PM   #95 
  - Wal mart have been doing that for decades.........  BrklynLiberal   Oct-03-09 09:57 PM   #97 
  - Does anyone know how to find the viewing figures for that show?  Turborama   Oct-03-09 10:46 PM   #101 
  - Sounds pretty creepy but not surprising.  ScottLand   Oct-05-09 06:08 AM   #106 
 

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