returningson:
The only comment you made that I can, in good conscience agree with, is that this is sad. Sad it is, and I can empathize with those people.
But outrageous? Not particularly.
Small businesses are more likely to fail than not. Thus, "investing everything" one has into such a venture after a serious and debilitating medical event, in one's retirement years, is not smart. It's fraught with risk, serious risk. There needs to be personal responsibility here. Accepting that and moving on with his life would be his best option. Dumping the business or the house, would be a good start.
As I said, I can empathize, I've had some rough times in my own life and had to make heartbreaking decisions. But sympathizing and supporting some sort of societal bailout only rewards bad behavior and makes it self perpetuating.
It's also telling that he was a highly compensated, retail executive. If he was, why did he make these choices? One would expect him to know better than that. Maybe he was let go, not because of his health issues as he may have implied in his comments, but because of non-performance.
If he was let go for health reasons, then he would have a pretty good case for a wrongful termination complaint. If so, he could end up with all of his financial problems resolved.
And, you'd better check your information on disability insurance. There is no law compelling companies to provide such coverage for their employees, although some do as an employment incentive. Often, it is offered but the employee picks up the tab. And, just about anyone can purchase such insurance on their own as well. It is not always employer provided. But, most importantly, I've never seen 80% of salary coverage. 40% is pretty much standard and 60% is often available at a much higher cost.
Universal health insurance? You don't understand disability insurance but you advocate for another as well. I don't think you understand "insurance" at all. You seem to advocate consistently, for societal underwriting for individual missteps and, you expect that support to come from the government and large corporations. You support the former as the "insurer" of all things and despise the latter as "the evil empires".
Are you an OWS protester by chance?
Are you expecting someone else to buy you a house?
