Re: [Fot] cams and roaches and such

[billdentin@aol.com]

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From: Randall <TR3driver@ca.rr.com>
To: 'fot' <fot@autox.team.net>
Sent: Mon, Nov 2, 2015 3:32 am
Subject: Re: [Fot] cams and roaches and such
 
And I'll bet there are quite a few on this listthat were born before 1935. 
<g>Randall_______________________________________________
 
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.
 
I love the way Babcock's mind works, and the eclectic way he keeps it busy.  
For sure I must read his book.
 
>From 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. 

'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. 

Not a pretty picture.

Bill Dentinger
 

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<div>From: Randall &lt;TR3driver@ca.rr.com&gt;<br>

To: 'fot' &lt;fot@autox.team.net&gt;<br>

Sent: Mon, Nov 2, 2015 3:32 am<br>

Subject: Re: [Fot] cams and roaches and such</div>



<div>&nbsp;</div>



<div><tt>


And I'll bet there are quite a few on this list
that were born before 1935. 

&lt;g&gt;

Randall

_______________________________________________
</tt></div>



<div><tt></tt>&nbsp;</div>



<div><tt>NAW!&nbsp; Me and those other&nbsp;FOT guys you're talking about just 
look that old.&nbsp; Our sadomasochistic relationship with TRIUMPHs tends to be 
very wearing.</tt></div>



<div><tt></tt>&nbsp;</div>



<div><tt>I love the way Babcock's mind works, and the eclectic way he keeps it 
busy.&nbsp; For sure I must read his book.</tt></div>



<div><tt></tt>&nbsp;</div>



<div><tt>From 1966 to 2006, when I retired, I was a Management Trustee on a 
billion dollar Taft-Hartley Pension fund in Milwaukee.&nbsp;&nbsp;There is an 
entire industry, the Actuaries, that are available&nbsp;to guide Pension Funds 
and their investments to keep them solvent.&nbsp; The fund I served on has done 
a&nbsp;good job so far, and remains solvent.&nbsp; FICA (Social Security)...not 
so much.&nbsp;</tt></div>

<div><tt></tt>&nbsp;</div>

<div><tt>'Social Security' is being used by our government to address all sorts 
of issues not related to normal retirement.&nbsp; Funding has not kept 
up.&nbsp; If they have and use Actuaries...they're ignoring 
them.&nbsp;</tt></div>

<div><tt></tt>&nbsp;</div>

<div><tt>Not a pretty picture.</tt></div>

<div><tt></tt>&nbsp;</div>

<div><tt>Bill Dentinger</tt></div>


 
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_______________________________________________
fot@autox.team.net

http://www.fot-racing.com

Archive: http://www.team.net/archive



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