Talking About Walmart And “Death Panels”

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Your employer owns you

By Chimpplanet

Sarah Palin got it partially right when she feared “death panels”. The part she didn’t explain is that death panels already exist and they are in the boardrooms of major blue chip American companies, like Walmart.

Unbeknown to the employees, many large companies take out “dead peasant” life insurance policies on them naming the company as the beneficiary. These policies continue active even after the employee leaves.

Two points come to mind here. One is that for the company to collect, they must keep track of their ex-employees for the rest of their lives so they can know when he/she dies so they can collect.

Second, if a worker moves around a lot, it’s possible that many companies may hold peasant insurance on this one worker and then the multiple payouts may be in the tens of millions of dollars. Wonder what’s the most any employee ever made for his employers.

The companies collect tens of thousands and even millions of dollars when the employees (current or past) die.

They often use this tax-free money to pay bonuses to their executives.

The “death panels” are the actuaries in each company who project how many employees will die in a given year so they can guess on how much gravy payouts the company will get.

The company directors get very upset if there is a short-fall on deaths and they celebrate when they exceeds death expectations.

You are worth more to your employer dead than alive.

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WEHAT IS "DEAD PEASANT" INSURANCE?

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WHAT WOULD STOP THESE COMPANIES FROM HIRING ASSASSINS FOR A FEW THOUSAND DOLLARS TO MAKE MILLIONS? HAVE THEY DONE IT ALREADY?

THAT'S WHY THE LAW DOES NOT ALLOW YOU TO TAKE OUT LIFE INSURANCE ON YOUR FRIENDS. WONDER IF THAT LAST ACCIDENTAL DEATH I READ ABOUT WAS REALLY AN "ACCIDENT".

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