Indiana Republican Rep Says Women Will Pretend To Be Raped To Get Free Abortions

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Yesterday morning, the Indiana House considered an anti-abortion bill that “would put some of the tightest abortion restrictions in the nation into Indiana law.” Introduced by state Rep. Eric Turner (R), HB 1210 would make most abortions illegal after 20 weeks. Current law restricts abortions after the fetus is viable, generally around 24 weeks.

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House Republicans to pregnant women: Fetal life is more important than your health

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The House Judiciary committee on Thursday approved a broad measure that limits access to abortion for women whose health may be harmed by carrying a pregnancy to term.

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New York Bike Law Could Mean Mandatory Licenses and Insurance For the Whole State

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Those poor insurance companies need the money.

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This afternoon, Gothamist points us to a proposal by assemblyman Michael DenDekker, a Democrat from Queens, which would require by law that every bicycle -- not just in New York City, but in New York state -- have a license plate, to be re-registered every year only after an inspection of the bike.

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Insurer revoked leukemia patient’s coverage because it claimed she underpaid her premium by a penny

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Click to enlarge

One of the worst abuses of the private health insurance industry is the practice of denying claims to pay for necessary care or revoking the coverage of policyholders for frivolous reasons.

The Colorado Springs Gazette reports that a leukemia patient — a single mother of two teenage boys — had her coverage revoked after her penny-pinching insurance company, Discover Benefits, claimed that she had underpaid her premium.

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"And they say a penny is not worth anything. In this case a penny maye have been worth a person's life! Of course, the other side of the coin, a person's life is worth only a penny?" - Chimp

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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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Does Your Employer Wish You Were Dead?

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Which employers bought “DEAD PEASANT” life insurance policies on the lives of employees?

Because a company’s purchase of insurance policies is not a public record, it is virtually impossible to know every company that invested in policies on employees’ lives.

The following companies, however, are believed to have been named as the beneficiary of life insurance policies on employees:

ADAC Laboratories
Advanced Telecommunication Corp.
Aeroquip Vickers Inc.
Alabama Power Co.
Alfa Corp.
Allegheny Technologies Inc.
Allergan Inc.
Allfirst Financial Inc.
Amegy Bank, N.A.
American Business Products, Inc.
American Electric Power
American Express Co.
American Greetings Corp.
American Management Systems Inc.
American Seafoods Group LLC
Ameritech Corp.
Amerus Group Co.
Anadarko Petroleum Corporation
Appalachian Power Co.
Arch Chemical
Aristech Chemical Corp.
AT&T Communications
Atlantic Richfield Co.
Avery Dennison Corp
Avon Products Inc.
B. F. Goodrich Company
Ball Corporation
Bank Boston
Bank Of America
Bank One Corp.
Barnett Banks Inc.
Bassett Furniture Industries Inc.
Be Aerospace Inc.
Bear Stearns Companies
Bellsouth Corporation
Boise Cascade Corp.
Boston Company
Boston Federal
Bristol-Myers Squibb Company
Camelot Music, Inc.
Carolina Power & Light Co.
Carpenter Technology Corp.
Catskill Financial Corp.
Central Power & Light Co.
Ch2m Hill Companies Ltd.
Charming Shoppes, Inc.
Checkfree Corp.
Chemical Banking Corporation
Citibank, N.A.
Citizens Bank
Clark Inc.
Clorox Company
CNF Inc.
Coca-Cola Company
Columbus Southern Power Co.
Commercial Intertech Corp.
Compass Bank (Florida & Alabama)
Computer Technology Associates Inc.
Consolidated Natural Gas Co.
Consolidated Rail Corporation
Cox Enterprises, Inc.
CTA Inc.
Cymer Inc.
Diamond Shamrock Inc.
Diebold Inc.
Dime Bancorp Inc.
Dow Chemical
Earle M. Jorgensen Co.
Eastman Kodak Company
Eaton Corp.
ECC Capital Corp.
Enserch Corp.
F&M Bancorp
FiberMark Inc.
Figgie International Inc.
Fina Oil & Chemical Company
First Bank System Inc.
First Commonwealth
First Midwest Bancorp Inc.
Fleet Bank
FleetBoston Financial Corp.
Flightsafety International Inc.
Frontier Bank
Fulton Financial Corp.
GATX Corporation
Georgia Power Co.
GNC Corp.
Great Plains Energy Inc.
GTE Corporation
Gulf Power Co.
HCR Manor Care Inc
Hechinger Company
Heritage Commerce Corp.
Herman Miller Inc.
Hershey Foods Corporation
Hillenbrand Industries, Inc.
Hosiery Corporation of America
Houghton Mifflin
Household Finance
Hovnanian Enterprises Inc.
Hughes Supply Inc
ICI Americas, Inc.
Idaho Power Company
IKON Office Solutions Inc.
Indiana Michigan Power Co.
Integra Bank Corp.
Intermark Inc.
Iowa First Bancshares Corp.
Iroquois Bancorp Inc.
J Jill Group Inc.
JP Morgan Chase & Co.
Kansas City Power & Light
Kansas Gas & Electric Co.
Keithley Instruments Inc.
Kentucky Power Co.
Keycorp Ohio
Kimberly Clark
Korn Ferry International
Laser Master Int’l. Inc.
Linens N Things Inc.
LKQ Corp.
Louisiana Pacific Corp.
Manor Care Inc.
Marriott International Inc.
McDonnell Douglas Corp.
Media General Inc.
Medicalcontrol Inc.
Menasha Corporation
MidAmerican Energy Co.
Miix Group Inc.
Mississippi Power Co.
MNC Financial Inc.
Mueller Industries Inc.
National City Corporation
NationsBank
Nestle Enterprises
Norfolk Southern Corp.
Norfolk Southern Railway Co.
Northern States Power Co.
Ohio Power Co.
Old National
Olin Corporation
Owens & Minor Inc.
PacifiCorp
Panera Bread Co.
Panhandle Eastern Pipe Line Company
Parker Hannifin Corp.
Penn Treaty American Corp.
Penns Woods Bancorp Inc.
Phibro Animal Health Corp.
Philipp Brothers Chemicals Inc.
Phoenix Companies Inc.
Pinnacle Financial Services Inc.
Portland General Electric
Potlatch Corporation
PPG Industries
Procter & Gamble Company
PSS World Medical Inc.
Public Service Co. of New Mexico
Public Service Co. of Oklahoma
Public Service Enterprise Group
Questech Inc.
R. R. Donnelley & Sons Company
Ruddick Corp.
Ryder System Inc.
Sallie Mae (Stud Ln Mktg Assoc.)
Savannah Electric & Power Co.
Sequa Corp.
Service Merchandise Co., Inc.
Shearson Mortgage
Sherwin-Williams
Sky Chefs
Smart & Final Inc.
Smith Barney
Sonoco Products Co.
Southwest Bank
Southwest Water Co.
Southwestern Bell Corp.
Southwestern Electric Power Co.
Southwestern Public Service Co.
Star Banc Corp.
Stauffer Management Company
Steelcase Inc.
Sturgis Bancorp Inc.
Summit Bank of N.J.
Swank, Inc.
Tellabs Inc.
Tenet Healthcare Corp.
Texas Eastern Transmission Corp.
Tompkins Trustco Inc.
TXU Corp.
TYCO International
UniFirst Corp.
Union Bank
United National Bancorp
Urocor Inc.
Vineyard National Bancorp
W. R. Grace & Company
Wachovia Corporation
Walgreen Company
Wal-Mart Stores
Walt Disney
Wang’s International, Inc.
Wells Fargo, N.A.
West Coast Bancorp
West Texas Utilities Co.
Westar Energy Inc.
Western Aire Chef Inc
Western Resources, Inc.
Westpoint Pepperell
Winn Dixie
Winnebago Industries Inc.
Woolworth Corporation
Xcel Energy Inc.
York Water Co.
Zale Corp.

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Dead Peasant Insurance Policies

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...IF YOU WORK OR WORKED FOR THEM

Life insurance policies which pay out to an employer in the event of an employee’s death.

Michael Moore’s latest film, “Capitalism: A Love Story,” has reinvigorated discussion of “dead peasant policies,” as Jonathan Kim explained on The Huffington Post:

One of the more explosive revelations in “Capitalism” is “dead peasant” insurance policies (also known as “janitors” policies).

This is when a company buys a life insurance policy on a rank-and-file, low-level employee – usually without the employee’s knowledge – and claims the company as the beneficiary should the employee die.

The company retains the policy even after the employee leaves, and if the employee dies, the company receives a large, tax-free payout, which they then refuse to share with the family of the deceased.

Dead peasant policies were spotlighted in February 2009, when the widow of a Texas bank worker sued her husband’s former employer after it received a $1.6 million life-insurance payout following his death.

(In May 2009, Ellen E. Shultz reported in The Wall Street Journal that many banks use payouts from employee life insurance policies to help pay bonuses to current employees.)

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Are 'Dead Peasant' Life Insurance Policies Fair?

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YOUR EMPLOYERS ARE BETTING ON YOUR LIFE OR DEATH!

YOU ARE WORTH MORE TO THEM DEAD!

Corporations Often Take Out These Policies on Lower-Level Employees

Life insurance used to be rather straightforward, known for offering security to loved ones in a tough time.

Some companies stand to profit from "Dead Peasants" life insurance policy.

So when Irma Johnson learned that her husband, Daniel, who died of brain cancer, had been insured for $1.5 million, it should have been at least a small comfort.

But she did not receive the money. His employer did.

It's one of the strangest free-market perversions that Michael Moore highlights in his latest film, "Capitalism: A Love Story."

In the corporate practice dubbed "Dead Peasants" life insurance, companies wager on employees' lives, expecting to make money when they die.

And it's pervasive, said Mike Myers, an attorney who has uncovered many of these cases and helped angry relatives sue.

"Life insurance is traditionally used to guard against the death of breadwinners. This is an investment scheme," he said.

Dozens of blue chip companies have these policies, according to Myers. But only banks are forced to reveal them, and several have billions of dollars worth of policies.

"The driving force behind it is the tax deductions," he said.

The life insurance policies were designed to allow companies to insure a few crucial executives. Savvy companies then realized they could also get a tax break by insuring many lower-level employees.

The financial scheme doesn't actually cost the employees anything, except, some say, their trust.

Betina Tillman felt shocked and deceived when a reporter from The Wall Street Journal told her that her brother, a music store cashier, was insured by his employer for $339,000 when he died, despite the fact that he no longer worked at the store.

"We were just in disbelief they were able to do it, and actually cash the policy and cash in on the policy," Tillman said.

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'DEAD PEASANT' INSURANCE

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Wal-Mart loves its employees so much that it takes out life insurance on them.

But this is not an insurance policy that pays death benefits to the family of a deceased employee; instead, it pays the benefit money to Wal-Mart!

This policy is called Dead Peasant Insurance

This has to be one of the most disgusting practices I've heard of.

Does anyone have any insight to this practice and why or how can it be allowed?

I find this practice to be socially unacceptable and if the law permits such as this, then it's time to change the law!

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Companies are legally taking out “DEAD PEASANT” INSURANCE policies on their employees

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This is just crazy and should be against the law.

Apparently in Michael Moore’s new film he covers something called 'Dead Peasant Insurance Policies'.

Companies can legally take out insurance on their employees (after one year) and if they die they give ZERO of the money to the person's family.

This means that they profit if you die and you are worth more to them dead than alive.

A whopping 25% of all life insurance policies in the USA are Dead Peasant Policies.

Companies that take out insurance on their employee include WalMart, Walt Disney, Dow Chemical, Procter & Gamble, Winn Dixie, and other Blue Chip Companies...

The younger the employee is when he/she dies, the more money the company gets. Some companies get very upset if the number of projected employees don't die as it affects their bottom line.

For each dead emplyee, they get 10s of thousands and even millions. Their families get NOTHING.

The policies actually have the words “dead peasant” on them. Why?

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