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Other Issues Discuss other areas of moral and worldly importance that other forum areas do not cover.

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Old 07-05-2008, 12:34 PM
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Default Employers use federal law to deny benefits

Think your job life insurance is solid? Just what I have been saying the very wealthy get federal laws passed that protect them and cost the every day person. McCain or Obama going to fix this? lol

Employers use federal law to deny benefits By MARK SHERMAN, Associated Press Writer
2 hours, 20 minutes ago

Employers use federal law to deny benefits - Yahoo! News

WASHINGTON - Dying of cancer, Thomas Amschwand did everything he was told to make sure his wife would collect on the life insurance policy he had through his employer.

"He was obsessed with dotting every `i' and crossing every `t'," Melissa Amschwand-Bellinger recalled about her husband, who died in 2001 at age 30.

But Spherion Corp., the temporary staffing company where Amschwand worked, told Amschwand-Bellinger she would not receive any of the $426,000 in benefits she believed she was due. When she went to court, Spherion succeeded in getting her lawsuit thrown out. The Supreme Court on June 27 refused to review the case.

Amschwand-Bellinger received a refund of the few thousand dollars in insurance premiums she and her husband dutifully had paid. The total, she said, would not cover the costs of his funeral.

The story has played out often under the federal Employee Retirement Income Security Act. Designed to protect employee benefits, the law has been used by employers as a shield against suits.

Federal appeals courts, interpreting Supreme Court decisions dating to 1993, consistently have said companies that offer health, life and retirement benefits under ERISA cannot be sued for large amounts of money, or damages. Instead, they can be sued only for typically smaller sums such as Amschwand's insurance premiums.
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Old 07-05-2008, 12:43 PM
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I don't think Obama or McCain will do much in order to influence the big business in this country. In fact, it is the other way around. It is the big business that influences the decisions of the President. Our foreign policy is dictated by our country's business needs. It has always been that way and it always will.
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Old 07-05-2008, 01:17 PM
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Quote:
Originally Posted by Jester View Post
I don't think Obama or McCain will do much in order to influence the big business in this country. In fact, it is the other way around. It is the big business that influences the decisions of the President. Our foreign policy is dictated by our country's business needs. It has always been that way and it always will.
I agree with that but I don't think its the whole story. I think that Obama will fund the regulatory agencies and he will do more to protect Americans then any republican.

He probably wont do enough but I also recognize that big business employs more people and does more for this economy then just about anything else and becuase of that they do deserve to be heard.

The problem is they have to much say.
Hell Bush let big business write our national policies.

I do agree that to much of our foreign policy is dictated by business interests but that also has another side in that the more the worlds economy is reliant on globalization the less chance there is of more world wars.
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Last edited by mwillman : 07-05-2008 at 01:33 PM.
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