JS
Carl Young was the only one who voted against giving a company (I forgot the
name)
a 3 year contract with no renewal after all the other unions turned against us
except
the ILWU. I was there at the negotiations and even I fell for this dirty tactic
which I
am ashamed of. We all make mistakes but C.Y. didn't in that case.
Humble Stan who is not always right
-----Original Message-----
From: Ron Ristad <ristad@xxxxxxxxxxx>
To: sparkscoffee <sparkscoffee@xxxxxxxxxxxxx>
Sent: Mon, Dec 5, 2016 7:26 pm
Subject: [sparkscoffee] Re: The Coming Financial Collapse
JS,
Carl Young was ARA president after Schuman retired. He ran the ARA out of his
home in Nevada. This was after I retired. He earned his rank by taking over Rae
Echol's job of recruiting new members by placing ads in ham radio magazines
like CQ and QST. For this he was awarded the best permanent jobs on Matson
ships, then ARA councilman and finally ARA president. I never did like him much
but don't remember why. Just something about him I didn't like. A little too
arrogant for me.
I have no reason to believe that Carl Young did anything illegal. He just took
advantage of the rules which have always favored ARA officials and cashed out
with several $million.
The problem facing the ARA Pension Plan is the same problem facing every
pension plan in the world, which is artificially low interest rates for the
past 8 years. Funded pension plans like the ARA are based upon their fund
earning an 8 percent annual return, but interest rates have been close to zero
and even negative when fees are added in. There is nothing the administrators
or you or I can do about that.
Government pension plans get their money from taxes. But even they are running
out of money as people earn less money and pay less taxes, and the values of
their properties decrease in value, instead of increase in value like they
always did in the past. Governments, including the U.S. Government made
promises they cannot keep.
The truth is that all pension plans, including Social Security are nothing but
Ponzi Schemes to at least some degree.
The only thing any of us can do now is to prepare for what is coming. So many
people now depend on government to survive that when it fails they will be
completely helpless. Whatever happens I would think that ARA pensioners will be
better off the 90% of the rest of the population because it is private.
-RR
-----Original Message-----
From: "schalestock@xxxxxxxx"
Sent: Dec 5, 2016 4:47 PM
To: sparkscoffee@xxxxxxxxxxxxx
Subject: [sparkscoffee] Re: The Coming Financial Collapse
Ron,
From what I can see, Schuman (the prick that he was) did manage the fund
properly. And it seems so has Linder. We need take a look at our internals.For
instance, just who the hell is Carl Young?
Where did he come from ? Did he ever go to sea.? How did he end up raping the
pension plan and then RETURNING from the dead to double dip it all.. Did anyone
ever vote for him?- AS far as I can see, the ONLY way he could ever have
pulled this off was by sucking fast Eddie's dick.-
Be that as it may, we were a unique and honorable brotherhood. And though, like
you, I took a cash-out, (anticipating exactly what is happening now) I hate to
see our Brother's on a fixed pension getting screwed by the likes of Carl
Young and Fast Eddie Steinberg.-
I understand the political mechanisms that you point out. But, as an old gunny
Sargent once told me after a firefight, ITS ALL PERSONAL. I for one am
willing to fight for the guys that are facing ruin by these bastards. We should
not leave any of our brothers behind. What say you Ron?
JS
------- Original Message ----------
From: Ron Ristad <ristad@xxxxxxxxxxx>
To: sparkscoffee@xxxxxxxxxxxxx
Subject: [sparkscoffee] Re: The Coming Financial Collapse
Date: Mon, 5 Dec 2016 13:12:25 -0600 (GMT-06:00)
Stan,
1. Communists did not invent the trade union movement. They just hijacked it
(like the NeoCons hijacked the Republican Party and the Tea Party). Trade
unions exist hundred's of years before communism or socialism was invented.
2. The ARA Pension has always been very well managed. Schumann died an
incredible managing it. The problems they are facing today are the same
problems that are facing all pension plans, which is result of
socialist/communist governments and their "central planning".
You owe your pension to capitalism, not socialism/communism.
-RR
-----Original Message-----
From: sblumen123@xxxxxxx
Sent: Dec 5, 2016 11:04 AM
To: sparkscoffee@xxxxxxxxxxxxx
Subject: Re: [sparkscoffee] The Coming Financial Collapse
Everyone
Martin Armstrong, RR's Karl Marx. Tsk, tsk.
Why should I worry when I am 91? It is up to you young ones.
The unworried, old, experienced, Jewish Socialist on pension.
-----Original Message-----
From: Ron Ristad <ristad@xxxxxxxxxxx>
Sent: Mon, Dec 5, 2016 11:07 am
Subject: [sparkscoffee] The Coming Financial Collapse
The coming financial collapse will not be an economic event like 2008, but will
result from the collapse of governments that will wipe out all paper assets.
This is because all paper assets are denominated in some currency, and all
currencies now have nothing to back them up but governments. The stage has
already been set by the massive amount of debt worldwide, both public and
private. The reason why Wall St. banks and billionaires like George Soros
support socialist governments is because their wealth is somebody else's debt.
Billionaire capitalists like Donald trump who actually create things with the
money they borrow believe in declaring bankruptcy (as opposed to being bailed
out by the socialist government) when a debt cannot be repaid, and the people
who lose in a bankruptcy are the Wall St. banks and billionaires like George
Soros who are predators on society that have never created anything in their
entire lives. -RR
Why Politics is So Important Right Now – Markets Depend On The Confidence
by Martin Armstrong
Our computer has been doing a fantastic job forecasting BREXIT, then Trump,
and that Hollande would not make the final round for elections in France. But
why are these events even important? No it is not that Trump will save the day.
He will perhaps help give the USA some breathing room. But the collapse that is
underway started in Europe. It will then migrate to Japan, and finally come to
the USA.
Merkel and Hollande were the pillars of Europe. Taking out BREXIT was the
first leg of the stool, Hollande was the second leg of this three-legged stool
holding up Europe. The collapse of confidence behind the euro is directly tied
to politics. Remove Merkel, and we will begin to see how quickly Europe will
unravel.
This is the Year from Political Hell. Keep in mind that CONFIDENCE underscores
EVERYTHING. You accept a dollar bill for your labor only because you have the
CONFIDENCE that someone else will accept it in return. All markets rest upon a
seabed of CONFIDENCE. Undermine that foundation, and then the house of cards
will fall. It will not fall without changing the mindset of the majority. You
will never convince them with stories of fiat, money supply, or gold. Undermine
their belief system, then you will see change – not before. You will NEVER
convince the majority with stories of hyperinflation, quantity of money
theories, or any economic theory. Once the political world changes, then there
is no certainty left to support the future. Santa Claus is not there to make
sure your life will be the dream. Suddenly, those in the West will have to
learn the same lesson of those in Russia and Eastern Europe – you just cannot
count on government for anything.
____________________________________________________________
Warning: Don't Use Probiotics Before You See This
Gundry MD
http://thirdpartyoffers.juno.com/TGL3132/5845eedb8bf726edb07ccst02vuc
