-----Original Message-----
From: sblumen123 <sblumen123@xxxxxxx>
To: sparkscoffee <sparkscoffee@xxxxxxxxxxxxx>
Sent: Mon, Dec 5, 2016 11:26 am
Subject: Re: [sparkscoffee] Re: [ARANET] Re: CUL 73
RG
Not up on the details but I have about 33 years added in two parts and am
getting
a pretty good monthly pension, no complaints here.
RR
Where is the ARA insolvent pension plan?
Besides the USA, what communist countries are there left that are threatening
us?
Can't be China, you say they are communist in name only, actually they are
capitalist?
Could it be Cuba or Venezuela, they are kind of small wont you think?
Stan the research man
-----Original Message-----
From: Ron Ristad <ristad@xxxxxxxxxxx>
To: aranet <aranet@xxxxxxxxxxxxx>
Cc: sparkscoffee <sparkscoffee@xxxxxxxxxxxxx>; w4clm <w4clm@xxxxxxxxxxxxx>
Sent: Mon, Dec 5, 2016 8:52 am
Subject: [sparkscoffee] Re: [ARANET] Re: CUL 73
RG,
Very few people saw the 2008 financial collapse coming and nobody saw the
Federal Reserve's financial repression (keeping interest rate artificially low)
for so long after, which has caused ALL pension plans to be insolvent, and even
many insurance companies.
If you're looking for somebody to blame then first Bill Clinton for repealing
the Glass-Steagall Act which caused the 2008 financial crisis and the Federal
Reserve for first causing the bubble that lead to the 2008 crisis and later the
financial repression that has made all the pension plans insolvent.
This is all the result of communist "economic planning" by the people who
support Hillary, Trump is the only candidate brave enough to even talk about it
let do something to fix it. You have your head so far up your ass with all your
left wing lies and propaganda it's unbelievable., and your ego is ten times the
size of Donald Trump's.
-RR
-----Original Message-----
From: R George
Sent: Dec 5, 2016 7:32 AM
To: aranet@xxxxxxxxxxxxx
Subject: [ARANET] Re: CUL 73
When the ARA school was in Scottsdale I would attend all the
union meetings I could when not shipping.
Time after time at the meetings I would hammer on Phil Clegg and Bill
Schuman about an exit plan when
RO's were no longer required. The same answer I received was always,
don't worry we'll take care of you
guys. I also kept hammering on ARA's lack of transparency.
I find the saying, "follow the money" helps clarify situations. So why
did the people at the top let the
pension plan get in trouble when they could see what was going to
happen? The answer is obvious.
If there was transparency a member could see a list of all the retirees
and their pension amounts.
Are not all of us Union Brothers?
“No one believes more firmly than Comrade Napoleon that all animals are
equal. He would be only too
happy to let you make your decisions for yourselves. But sometimes you
might make the wrong decisions,
comrades, and then where should we be?”
George Orwell, Animal Farm
73, RonG
On 12/5/2016 5:40 AM, (Redacted sender Bushplane180 for DMARC) wrote:
ARA should have been more forthcoming about what was happening with
the pension, such as, "were not buying the annuity for those retiring
after 2010." But they did not want to be forthcoming. I believe it was
2009 when John L sent my first pension stats. I had 19 years in and a
pension of 4300/mo. If I had realized what was going on with the
pension then I would've hit the shipping hot and heavy in early 2010
then retired later that year, but at the time all we had left
was Matson and too many people still around waiting for Matson jobs.
Their were many members unaware of the consequences of not having the
annuity. Take Jeff Gergal, for example, he retired in "2011" (sometime
into that year, not at the beginning) with 25 years in and had a
permanent job on the Manoa. I would be surprised to hear that he got
the annutiy. If he knew this, I would've retired at least a couple
years sooner. You see what I am saying?
Anyway, I am anxious to see this 20 page letter. I have not received
anything from ARA on email in a long time either.
