The following was sent to me by Dianne Urquhart
Jul 06, 2009 05:18 PM EDT
http://www.youtube.com/watch?v=Ak8NEqo2po8
OR
YouTube - Prime Minister Harper Allows Powerful to Abuse Disabled
Prime Minister Harper Allows Powerful to Abuse Disabled
Nortel disabled employees asked Prime Minister Stephen Harper to correct an abuse by their employer who provided bogus disability insurance and wrongfully removed $75 million from their health and welfare trust. PM Harper stonewalled them for 18 months, turning down two disability bills using excuses supplied to his government by the insolvency lawyers, bankers and junk bond owners who took the disability insurance of the Nortel disabled. Bankers and bond owners insure their losses with credit default swaps and yet this government assists them to make a higher return by taking the insurance money of the disabled. This money does not rightfully belong to the creditors. Since disabled persons are less than 0.9% of the workforce and the cost of disability insurance is less than 1.5% of payroll, the impact of the bills on cost of credit is miniscule. The taxpayer now foots the bill for the PM's decision and the disabled live in poverty.
The Canadian disabled thank the Liberal Party Leader Michael Ignatieff for tabling the disability bills and NDP Leader Jack Layton, Bloc Quebecois Leader Gilles Duceppe and Green Leader Elizabeth May for supporting the bills. For more information, go to www.protectourtomorrow.com.
Sent By:
Diane A. Urquhart
Independent Financial Analyst
Mississauga, Ontario
Tel: (905) 822-7618
Cell: (416) 505-4832
urquhart@rogers.com
Monday, March 28, 2011
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Thank you for posting this. It's sad to see that our government is comprised mainly of shills for unregulated capitalism, no matter the consequences.
ReplyDeleteJust thought I would let you know that Peter Burns, one of the long term disabled Nortel employees who was working with Diane, passed away Saturday May 14, 2011.
ReplyDeleteI'm sure you can get more information from Diane.