--===============7253591676646052358==
--Apple-Mail=_CAE1761E-391F-4CF9-9478-5FE452C799E2
Content-Transfer-Encoding: quoted-printable
charset=utf-8
Not likely, we=E2=80=99ve bumped squarely into the end of my current =
knowledge. I did read this, and it made some sense to me, though the =
reasoning seems circular: =
https://www.ssa.gov/policy/docs/ssb/v75n1/v75n1p1.html =
<https://www.ssa.gov/policy/docs/ssb/v75n1/v75n1p1.html>
But yes, the FOT doesn=E2=80=99t seem like the place to have this =
discussion.=20
> On Nov 2, 2015, at 3:26 PM, John Hasty <jhasty@mhc-law.com> wrote:
>=20
> Watch out you guys, you're getting very close to what some of our =
members will call political commentary. Having been called on the =
carpet from some of my , now, Midwest friends for comments on what one =
of our political parties have done, I advise you choose your words very =
carefully lest the raft fall upon you as well!
> Sent from my iPhone
>=20
> On Nov 2, 2015, at 3:27 PM, =
>=20
> The problem that seems mostly ignored is that of converting the
> retirement trust fund assets (a collection of non tradable bonds)
> worth over 2 trillion dollars into benefit checks to the =
beneficiaries.
> Where will the money to redeem the bonds come from when we
> are running huge deficits?
> Did your research find answers to the solution to this problem?
>=20
> art de armond
>=20
> Sent: Monday, November 02, 2015 8:49 AM
> Subject: Re: [Fot] cams and roaches and such
>=20
> In my research for the book I came to the odd conclusion that Social =
Security is doing a lot better job than I expected. Most of the popular =
criticism seems to be political posturing. My assumptions going in were =
almost completely wrong. One of the reasons I like writing about stuff I =
know little about.
>=20
>=20
>=20
> On Nov 2, 2015, at 6:43 AM, =
>=20
> Sent: Mon, Nov 2, 2015 3:32 am
> Subject: Re: [Fot] cams and roaches and such
>=20
> And I'll bet there are quite a few on this list that were born before =
1935. <g> Randall _______________________________________________
>=20
> NAW! Me and those other FOT guys you're talking about just look that =
old. Our sadomasochistic relationship with TRIUMPHs tends to be very =
wearing.
>=20
> I love the way Babcock's mind works, and the eclectic way he keeps it =
busy. For sure I must read his book.
>=20
> =46rom 1966 to 2006, when I retired, I was a Management Trustee on a =
billion dollar Taft-Hartley Pension fund in Milwaukee. There is an =
entire industry, the Actuaries, that are available to guide Pension =
Funds and their investments to keep them solvent. The fund I served on =
has done a good job so far, and remains solvent. FICA (Social =
Security)...not so much.
>=20
> 'Social Security' is being used by our government to address all sorts =
of issues not related to normal retirement. Funding has not kept up. =
If they have and use Actuaries...they're ignoring them.
>=20
> Not a pretty picture.
>=20
> Bill Dentinger
> _______________________________________________
>=20
> http://www.fot-racing.com
>=20
> Donate: http://www.team.net/donate.html
> Archive: http://www.team.net/archive
> Forums: http://www.team.net/forums
> Unsubscribe/Manage: =
http://autox.team.net/mailman/options/fot/bill@ponostyle.com
>=20
>=20
>=20
>=20
> ________________________________
> _______________________________________________
>=20
> http://www.fot-racing.com
>=20
> Donate: http://www.team.net/donate.html
> Archive: http://www.team.net/archive
> Forums: http://www.team.net/forums
> Unsubscribe/Manage: =
http://autox.team.net/mailman/options/fot/riverside@southslope.net
>=20
>=20
>=20
> ________________________________
>=20
> No virus found in this message.
> Checked by AVG - www.avg.com<http://www.avg.com>
> Version: 2016.0.7163 / Virus Database: 4457/10934 - Release Date: =
11/02/15
>=20
> _______________________________________________
>=20
> http://www.fot-racing.com
>=20
> Donate: http://www.team.net/donate.html
> Archive: http://www.team.net/archive
> Forums: http://www.team.net/forums
> Unsubscribe/Manage: =
http://autox.team.net/mailman/options/fot/jhasty@mhc-law.com
>=20
>=20
> CONFIDENTIALITY NOTICE: This electronic mail transmission has been =
sent by a law firm on a legal matter. It may contain information that is =
confidential, privileged, proprietary, or otherwise legally exempt from =
disclosure. If you are not the intended recipient, you are hereby =
notified that you are not authorized to read, print, retain, copy or =
disseminate this message, any part of it, or any attachments. If you =
have received this message in error, please delete this message and any =
attachments from your system without reading the content and notify the =
sender immediately of the inadvertent transmission. There is no intent =
on the part of the sender to waive any privilege, including the =
attorney-client privilege, that may attach to this communication. Thank =
you for your cooperation. 11 U.S.C. 528(a)(4) NOTICE. We are a debt =
relief agency. We help people file for bankruptcy relief under the =
federal Bankruptcy Code.
--Apple-Mail=_CAE1761E-391F-4CF9-9478-5FE452C799E2
Content-Transfer-Encoding: quoted-printable
charset=utf-8
<html><head><meta http-equiv=3D"Content-Type" content=3D"text/html =
charset=3Dutf-8"></head><body style=3D"word-wrap: break-word; =
-webkit-nbsp-mode: space; -webkit-line-break: after-white-space;" =
class=3D"">Not likely, we=E2=80=99ve bumped squarely into the end of my =
current knowledge. I did read this, and it made some sense to me, though =
the reasoning seems circular: <a =
href=3D"https://www.ssa.gov/policy/docs/ssb/v75n1/v75n1p1.html"; =
class=3D"">https://www.ssa.gov/policy/docs/ssb/v75n1/v75n1p1.html</a><div =
class=3D""><br class=3D""></div><div class=3D"">But yes, the FOT =
doesn=E2=80=99t seem like the place to have this discussion. <br =
class=3D""><div class=3D""><br class=3D""><div class=3D""><div><blockquote=
type=3D"cite" class=3D""><div class=3D"">On Nov 2, 2015, at 3:26 PM, =
John Hasty <<a href=3D"mailto:jhasty@mhc-law.com"; =
class=3D"">jhasty@mhc-law.com</a>> wrote:</div><br =
class=3D"Apple-interchange-newline"><div class=3D""><div class=3D"">Watch =
out you guys, you're getting very close to what some of our members will =
call political commentary. Having been called on the carpet from =
some of my , now, Midwest friends for comments on what one of our =
political parties have done, I advise you choose your words very =
carefully lest the raft fall upon you as well!<br class=3D"">Sent from =
my iPhone<br class=3D""><br class=3D"">On Nov 2, 2015, at 3:27 PM, "<a =
href=3D"mailto:riverside@southslope.net"; =
class=3D"">riverside@southslope.net</a><<a =
href=3D"mailto:riverside@southslope.net"; =
class=3D"">mailto:riverside@southslope.net</a>>" <<a =
href=3D"mailto:riverside@southslope.net"; =
class=3D"">riverside@southslope.net</a><<a =
href=3D"mailto:riverside@southslope.net"; =
class=3D"">mailto:riverside@southslope.net</a>>> wrote:<br =
class=3D""><br class=3D""> The problem that seems mostly =
ignored is that of converting the<br class=3D"">retirement trust fund =
assets (a collection of non tradable bonds)<br class=3D"">worth over 2 =
trillion dollars into benefit checks to the beneficiaries.<br =
class=3D"">Where will the money to redeem the bonds come from when we<br =
class=3D"">are running huge deficits?<br class=3D"">Did your research =
find answers to the solution to this problem?<br class=3D""><br =
class=3D"">art de armond<br class=3D""><br class=3D"">From: Bill =
Babcock<<a href=3D"mailto:Bill@ponostyle.com"; =
class=3D"">mailto:Bill@ponostyle.com</a>><br class=3D"">Sent: Monday, =
November 02, 2015 8:49 AM<br class=3D"">To: TeriAnn J. Wakeman<<a =
href=3D"mailto:fot@autox.team.net"; =
class=3D"">mailto:fot@autox.team.net</a>><br class=3D"">Subject: Re: =
[Fot] cams and roaches and such<br class=3D""><br class=3D"">In my =
research for the book I came to the odd conclusion that Social Security =
is doing a lot better job than I expected. Most of the popular criticism =
seems to be political posturing. My assumptions going in were almost =
completely wrong. One of the reasons I like writing about stuff I know =
little about.<br class=3D""><br class=3D""><br class=3D""><br =
class=3D"">On Nov 2, 2015, at 6:43 AM, <a =
href=3D"mailto:billdentin@aol.com"; class=3D"">billdentin@aol.com</a><<a=
href=3D"mailto:billdentin@aol.com"; =
class=3D"">mailto:billdentin@aol.com</a>> wrote:<br class=3D""><br =
class=3D"">From: Randall <<a href=3D"mailto:TR3driver@ca.rr.com"; =
class=3D"">TR3driver@ca.rr.com</a><<a =
href=3D"mailto:TR3driver@ca.rr.com"; =
class=3D"">mailto:TR3driver@ca.rr.com</a>>><br class=3D"">To: =
'fot' <<a href=3D"mailto:fot@autox.team.net"; =
class=3D"">fot@autox.team.net</a><<a href=3D"mailto:fot@autox.team.net"=
class=3D"">mailto:fot@autox.team.net</a>>><br class=3D"">Sent: =
Mon, Nov 2, 2015 3:32 am<br class=3D"">Subject: Re: [Fot] cams and =
roaches and such<br class=3D""><br class=3D"">And I'll bet there are =
quite a few on this list that were born before 1935. <g> Randall =
_______________________________________________<br class=3D""><br =
class=3D"">NAW! Me and those other FOT guys you're talking about =
just look that old. Our sadomasochistic relationship with TRIUMPHs =
tends to be very wearing.<br class=3D""><br class=3D"">I love the way =
Babcock's mind works, and the eclectic way he keeps it busy. For =
sure I must read his book.<br class=3D""><br class=3D"">=46rom 1966 to =
2006, when I retired, I was a Management Trustee on a billion dollar =
Taft-Hartley Pension fund in Milwaukee. There is an entire =
industry, the Actuaries, that are available to guide Pension Funds and =
their investments to keep them solvent. The fund I served on has =
done a good job so far, and remains solvent. FICA (Social =
Security)...not so much.<br class=3D""><br class=3D"">'Social Security' =
is being used by our government to address all sorts of issues not =
related to normal retirement. Funding has not kept up. If =
they have and use Actuaries...they're ignoring them.<br class=3D""><br =
class=3D"">Not a pretty picture.<br class=3D""><br class=3D"">Bill =
Dentinger<br class=3D"">_______________________________________________<br=
class=3D""><a href=3D"mailto:fot@autox.team.net"; =
class=3D"">fot@autox.team.net</a><<a href=3D"mailto:fot@autox.team.net"=
class=3D"">mailto:fot@autox.team.net</a>><br class=3D""><br =
class=3D""><a href=3D"http://www.fot-racing.com"; =
class=3D"">http://www.fot-racing.com</a><br class=3D""><br =
class=3D"">Donate: http://www.team.net/donate.html<br class=3D"">Archive: =
http://www.team.net/forums<br class=3D"">Unsubscribe/Manage: =
http://autox.team.net/mailman/options/fot/bill@ponostyle.com<br =
class=3D""><br class=3D""><br class=3D""><br class=3D""><br =
class=3D"">________________________________<br =
class=3D"">_______________________________________________<br =
class=3D"">fot@autox.team.net<mailto:fot@autox.team.net><br =
class=3D""><br class=3D"">http://www.fot-racing.com<br class=3D""><br =
class=3D"">Donate: http://www.team.net/donate.html<br class=3D"">Archive: =
http://www.team.net/forums<br class=3D"">Unsubscribe/Manage: =
http://autox.team.net/mailman/options/fot/riverside@southslope.net<br =
class=3D""><br class=3D""><br class=3D""><br =
class=3D"">________________________________<br class=3D""><br =
class=3D"">No virus found in this message.<br class=3D"">Checked by AVG =
- www.avg.com<http://www.avg.com><br class=3D"">Version: =
2016.0.7163 / Virus Database: 4457/10934 - Release Date: 11/02/15<br =
class=3D""><br =
class=3D"">_______________________________________________<br =
class=3D"">fot@autox.team.net<mailto:fot@autox.team.net><br =
class=3D""><br class=3D"">http://www.fot-racing.com<br class=3D""><br =
class=3D"">Donate: http://www.team.net/donate.html<br class=3D"">Archive: =
http://www.team.net/forums<br class=3D"">Unsubscribe/Manage: =
http://autox.team.net/mailman/options/fot/jhasty@mhc-law.com<br =
class=3D""><br class=3D""><br class=3D"">CONFIDENTIALITY NOTICE: This =
electronic mail transmission has been sent by a law firm on a legal =
matter. It may contain information that is confidential, privileged, =
proprietary, or otherwise legally exempt from disclosure. If you are not =
the intended recipient, you are hereby notified that you are not =
authorized to read, print, retain, copy or disseminate this message, any =
part of it, or any attachments. If you have received this message in =
error, please delete this message and any attachments from your system =
without reading the content and notify the sender immediately of the =
inadvertent transmission. There is no intent on the part of the sender =
to waive any privilege, including the attorney-client privilege, that =
may attach to this communication. Thank you for your cooperation. 11 =
U.S.C. 528(a)(4) NOTICE. We are a debt relief agency. We help people =
file for bankruptcy relief under the federal Bankruptcy Code.<br =
class=3D""></div></div></blockquote></div><br =
class=3D""></div></div></div></body></html>=
--Apple-Mail=_CAE1761E-391F-4CF9-9478-5FE452C799E2--
--===============7253591676646052358==
Content-Transfer-Encoding: 7bit
Content-Disposition: inline
_______________________________________________
fot@autox.team.net
http://www.fot-racing.com
Archive: http://www.team.net/archive
--===============7253591676646052358==--
|