JUAN GONZALEZ: Well, as we continue our discussion about healthcare, we turn now to a new report in the New England Journal of Medicine that reveals that US, Canadian and British health and life insurance firms hold at least $4.4 billion of investments in companies whose subsidiaries manufacture cigarettes, cigars, chewing tobacco and related products.
The New Jersey-based Prudential Financial, for example, is a major investor in three tobacco firms, including Philip Morris and Reynolds American. Other insurance companies named in the report include the Sun Life Financial, Northwestern Mutual, MassMutual and Standard Life.
Fucking outrageous. But what can we do? Not much, since without insurance one slip-up will make you a debt slave forever. They can take your possessions for that debt, too.
Tags: we're fucked, wow
This entry was posted on Saturday, June 13th, 2009 at 15:15.