The “dead peasant insurance” recently exposed in Michael Moore's movie has been around for decades, in a different form, known as COLI. In 2006, it was supposedly amended to require knowledge and consent of the insured. To quote:Notice and Consent Requirements. The Employee must :
1. Be notified in writing that the employer intends to insure the employee’s life and the maximum face amount for which the employee could be insured at the time the contract is issued.
2. Provide written consent to be insured under the contract during and after active employment.
3. Be informed in writing that the employer will be the beneficiary of any death benefits.
What we're seeing now is Wall Street's move to collateralize and make a profit on COLI bundled policies, the exact same fiscal nuclear waste typology that created the mortgage meltdown in this country and abroad. In order to feed it, same thing, the companies are vastly increasing their use of this to all levels of employees, no longer just in the executive suite. So investors are waiting for workers to die, which apparently the health insurance industry doesn't seem to mind facilitating through their withdrawals, denials and their recission policies.
Given that our entire financial system is being run by folks who've hit the jackpot and use all means to continue to scale the great wealth divide, it's time to fully hold corporations accountable in their acts against not only most of the citizens of this country and the globe, but also force accountability for the environmental impacts of their behavior. The abuse of a small "privileged" group of the far larger population has led to disastrous events of chaos throughout history, and it's now leading to the unraveling of natural systems and processes as well. No pulling up the drawbridge on this issue, there's no place to run.
So guess what the revolution's going to be about.
Causes of the French Revolution include the following (substitute "environmentalism" for "Enlightenment Ideals")
A poor economic situation and an unmanageable national debt were both caused and exacerbated by the burden of a grossly inequitable system of taxation, the massive spending of Louis XVI and the many wars of the 18th century;
A resentment of royal absolutism;
An aspiration for liberty and republicanism;
A resentment of manorialism (seigneurialism) by peasants, wage-earners, and, to a lesser extent, the bourgeoisie;
The rise of Enlightenment ideals;
Food scarcity in the months immediately before the revolution;
High unemployment and high bread prices resulting in the inability to purchase food;
A resentment of noble privilege and dominance in public life by the ambitious professional classes;
A resentment of religious intolerance;
The failure of Louis XVI to deal effectively with these problems.
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