Walmart Has No Shame
Why people shop at Walmart is a mystery to me. There is more than enough proof that the economic backwash from the Walmart infection is not good for our country. Why anyone would work at Walmart is perhaps a greater mystery to me. I understand that there needs to be a niche for these employees, but surely they can find a better job.
I admit to being stunned after reading the news in the Tampa Tribune that Walmart took life insurance policies out on their workers, and then cashed them in upon the death of the employee. I know Walmart to be without honor, but the following was way over the top. After reading this, ask yourself why would anyone continue to work at a Walmart?
When Karen Armatrout died in 1997, her employer, Wal-Mart, collected thousands of dollars on a life insurance policy the retail giant had taken out without telling her, according to a lawsuit filed in U.S. District Court.
Armatrout was one of about 350,000 employees Wal-Mart secretly insured nationwide, said Texas attorney Michael D. Myers, who estimated the company collected on 75 to 100 policies involving Florida employees who died.
Myers is seeking to make the Armatrout lawsuit a class-action case on behalf of the estates of all the Florida employees who died while unwittingly insured by Wal-Mart.
“Creepy’s a good word for it,” Myers said. “If you ask the executives that decided to buy these policies and the insurance companies that sold them, they would say this was designed to create tax benefits for the company, which would use the benefits for benevolent purposes such as buying employee medical benefits.
“If you asked me, I would say they did it to make more money.”
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