OMG….its a huge financiapocalypse with no end in sight! Newspapers are still dying everywhere, it’s been a terrible year for home builders, small businesses are fighting to stay open, GM is immediately closing 1,100 of its dealerships and even more business shipwrecks. The message to workers everywhere is: Too bad about your job, you benefits, your pensions. They’re gone. And now, banks are using a little-known tactic to pay big fat bonuses to their executives: They’re holding life-insurance policies on hundreds of thousands of their workers, with themselves as the beneficiaries. Employers receive tax-free death benefits when employees, former employees and retirees die. Noticed large numbers of employees simply disappearing lately? Watch the corporate employee termination mafia at work in the video below:
The Financiapocalypse: You’re Fired! Yes, All of You!
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