Capitalism, A Love Story: Dead Peasant Insurance (VIDEO)

ABC News ‘Stunned’ To Discover Dead Peasant Insurance

Daily Kos- by Alien Abductee

Sat Oct 03, 2009 at 02:02:46 AM PDT

Michael Moore’s Capitalism, A Love Story has revealed a deep dark secret to the intrepid reporters of ABC News – so-called Dead Peasant Insurance, the practice of companies taking out secret life insurance policies on their low-level employees, with the benefits paid out to the company upon the employee’s death, even if they no longer work at the company.

(Of course, if they’d been reading dailykos, they would have learned all about it many years ago 🙂  )

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