Subject: Re: [Fot] cams and roaches and such

From: Bob Bownes -Seiri <[email-masked]>
Date: Mon, 2 Nov 2015 05:32:23 -0500

Hmmm. 

My oldest Triumph is 43 this month and the youngest is 40 in the spring. Both are still going strong though. :)

Looking forward to getting back in the garage this winter. 

> On Nov 2, 2015, at 00:48, Randall <[email-masked]> wrote:
> 
> 
>>    The biggest problem with retirement is that we were all 
>> supposed to die at 62.7.That was the average life expectancy 
>> in 1935 when social security started.
> 
> "All supposed to die" is overstating the case, IMO.  One of the main reasons life expectancy at birth was lower back then was
> because so many people died before joining the workforce.  Infant and even teen mortality was much higher then, due to lack of
> things like antibiotics and vaccines.  Even in 1930, someone who had lived to age 65 had a better than 50/50 chance of making it to
> 75.
> 
> But 'average life expectancy' has never meant that we are "all supposed to die" by any age.  "The world's oldest man" that died a
> few months back was already 32 in 1935!
> 
> And I'll bet there are quite a few on this list that were born before 1935.  
> <g>
> 
> Randall
> 
> _______________________________________________
> [email-masked]
> 
> http://www.fot-racing.com
> 
> 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/[email-masked]
> 
> 
_______________________________________________
[email-masked]

http://www.fot-racing.com

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

---

From: "TeriAnn J. Wakeman" <[email-masked]>
Date: Mon, 2 Nov 2015 07:08:01 -0700

On 11/1/15 10:48 PM, Randall wrote:
> But 'average life expectancy' has never meant that we are "all 
> supposed to die" by any age.
Average life expectancy is just that ...average.  It means that 50% of 
the people born in a given year have died and half are still alive.  You 
have a 50-50 chance of making it to the average life expectancy.

TeriAnn

---

From: Bill Babcock <[email-masked]>
Date: Mon, 2 Nov 2015 06:24:36 -0800

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Of course it=E2=80=99s overstating, I=E2=80=99m a marketer, bullshit is =
what I do. But it=E2=80=99s not that big an overstatement. I don=E2=80=99t=
 have a similar graph for much earlier, but take a look at page two of =
this census bureau report, =
https://www.census.gov/prod/2010pubs/p25-1138.pdf =
<https://www.census.gov/prod/2010pubs/p25-1138.pdf>   note the shape of =
the curve and the progression through 2050. And then realize that the =
biggest advances in projected lifespan happened between 1900 and 1980. =
The curve flattened since then. =
https://www.ssa.gov/oact/NOTES/as120/LifeTables_Body.html =
<https://www.ssa.gov/oact/NOTES/as120/LifeTables_Body.html>

On an individual basis what you are saying may have always been =
true=E2=80=94people who made it to 65 passed through the communicable =
disease and accident phase unscathed. But for the population as a whole =
that wasn=E2=80=99t true. Life expectancy at age 65 started increasing =
rapidly in 1970 for males and 1940 for females.=20

And of course, this list is self-selected. Anyone who is dead is not =
here.=20

On Nov 1, 2015, at 9:48 PM, Randall <[email-masked]> wrote:
>=20
>=20
>> 	The biggest problem with retirement is that we were all=20
>> supposed to die at 62.7.That was the average life expectancy=20
>> in 1935 when social security started.=20
>=20
> "All supposed to die" is overstating the case, IMO.  One of the main =
reasons life expectancy at birth was lower back then was
> because so many people died before joining the workforce.  Infant and =
even teen mortality was much higher then, due to lack of
> things like antibiotics and vaccines.  Even in 1930, someone who had =
lived to age 65 had a better than 50/50 chance of making it to
> 75.
>=20
> But 'average life expectancy' has never meant that we are "all =
supposed to die" by any age.  "The world's oldest man" that died a
>=20
> And I'll bet there are quite a few on this list that were born before =
1935. =20
>=20
>=20
>=20
>=20
> Unsubscribe/Manage: =
http://autox.team.net/mailman/options/fot/[email-masked]
>=20
>=20

--Apple-Mail=_0EF67817-9122-4604-B4B2-D27CAD3209A3
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<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"">Of course it=E2=80=99s overstating, I=E2=80=99m a marketer, =
bullshit is what I do. But it=E2=80=99s not that big an overstatement. I =
don=E2=80=99t have a similar graph for much earlier, but take a look at =
page two of this census bureau report,&nbsp;<a =
href=3D"https://www.census.gov/prod/2010pubs/p25-1138.pdf" =
class=3D"">https://www.census.gov/prod/2010pubs/p25-1138.pdf</a>&nbsp;&nbs=
p;&nbsp;note the shape of the curve and the progression through 2050. =
And then realize that the biggest advances in projected lifespan =
happened between 1900 and 1980. The curve flattened since then.&nbsp;<a =
href=3D"https://www.ssa.gov/oact/NOTES/as120/LifeTables_Body.html" =
class=3D"">https://www.ssa.gov/oact/NOTES/as120/LifeTables_Body.html</a><d=
iv class=3D""><br class=3D""></div><div class=3D"">On an individual =
basis what you are saying may have always been true=E2=80=94people who =
made it to 65 passed through the communicable disease and accident phase =
unscathed. But for the population as a whole that wasn=E2=80=99t true. =
Life expectancy at age 65 started increasing rapidly in 1970 for males =
and 1940 for females.&nbsp;</div><div class=3D""><br class=3D""></div><div=
 class=3D"">And of course, this list is self-selected. Anyone who is =
dead is not here.&nbsp;</div><div class=3D""><br class=3D""></div><div =
class=3D"">On Nov 1, 2015, at 9:48 PM, Randall &lt;<a =
href=3D"mailto:[email-masked]" class=3D"">[email-masked]</a>&gt;=
 wrote:<div><blockquote type=3D"cite" class=3D""><br =
class=3D"Apple-interchange-newline"><div class=3D""><div class=3D""><br =
class=3D""><blockquote type=3D"cite" class=3D""><span =
class=3D"Apple-tab-span" style=3D"white-space:pre">	</span>The =
biggest problem with retirement is that we were all <br =
class=3D"">supposed to die at 62.7.That was the average life expectancy =
<br class=3D"">in 1935 when social security started. <br =
class=3D""></blockquote><br class=3D"">"All supposed to die" is =
overstating the case, IMO. &nbsp;One of the main reasons life expectancy =
at birth was lower back then was<br class=3D"">because so many people =
died before joining the workforce. &nbsp;Infant and even teen mortality =
was much higher then, due to lack of<br class=3D"">things like =
antibiotics and vaccines. &nbsp;Even in 1930, someone who had lived to =
age 65 had a better than 50/50 chance of making it to<br class=3D"">75.<br=
 class=3D""><br class=3D"">But 'average life expectancy' has never meant =
that we are "all supposed to die" by any age. &nbsp;"The world's oldest =
man" that died a<br class=3D"">few months back was already 32 in =
1935!<br class=3D""><br class=3D"">And I'll bet there are quite a few on =
this list that were born before 1935. &nbsp;<br class=3D"">&lt;g&gt;<br =
class=3D""><br class=3D"">Randall<br class=3D""><br =
class=3D"">_______________________________________________<br =
class=3D""><a href=3D"mailto:[email-masked]" =
class=3D"">[email-masked]</a><br class=3D""><br =
class=3D"">http://www.fot-racing.com<br class=3D""><br class=3D"">Donate: =
http://www.team.net/forums<br class=3D"">Unsubscribe/Manage: =
http://autox.team.net/mailman/options/fot/[email-masked]<br =
class=3D""><br class=3D""><br =
class=3D""></div></div></blockquote></div><br =
class=3D""></div></body></html>=

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From: Bill Babcock <[email-masked]>
Date: Mon, 2 Nov 2015 06:27:38 -0800

Peyote celebrated its 50th birthday in 2009. We had a party for him (yes, it’s a he) with the theme “Pissing off people with nicer cars since 1959.”

> On Nov 2, 2015, at 2:32 AM, Bob Bownes -Seiri <[email-masked]> wrote:
> 
> Hmmm. 
> 
> Unsubscribe/Manage: http://autox.team.net/mailman/options/fot/[email-masked]
> 
> 

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/[email-masked]

---

From: [email-masked]
Date: Mon, 2 Nov 2015 09:43:07 -0500

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From: Randall <[email-masked]>
To: 'fot' <[email-masked]>
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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<font color='black' size='2' face='arial'>
<div style="color: black; font-family: arial,helvetica; font-size: 10pt;">

<div id="AOLMsgPart_2_ae883f36-53f9-4a3c-8883-a2191cf27945">
<font color="black" face="arial">

<div>From: Randall &lt;[email-masked]&gt;<br>

To: 'fot' &lt;[email-masked]&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>

</font>
</div>

</div>
</font>
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From: Bill Babcock <[email-masked]>
Date: Mon, 2 Nov 2015 06:49:36 -0800

--===============9030991387722501310==

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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

> On Nov 2, 2015, at 6:43 AM, [email-masked] wrote:
>=20
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
> =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

--Apple-Mail=_81C8B3E8-4193-4493-A637-FEA58EB69BE4
Content-Transfer-Encoding: 7bit
	charset=us-ascii

<html><head><meta http-equiv="Content-Type" content="text/html charset=us-ascii"></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space;" class=""><div class="">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.&nbsp;</div><div class=""><br class=""></div><div class=""><br class=""></div><br class=""><div><blockquote type="cite" class=""><div class="">On Nov 2, 2015, at 6:43 AM, <a href="mailto:[email-masked]" class="">[email-masked]</a> wrote:</div><br class="Apple-interchange-newline"><div class=""><font size="2" face="arial" class="">
<div style="font-family: arial, helvetica; font-size: 10pt;" class="">

<div id="AOLMsgPart_2_ae883f36-53f9-4a3c-8883-a2191cf27945" class="">
<font face="arial" class="">

<div class="">From: Randall &lt;<a href="mailto:[email-masked]" class="">[email-masked]</a>&gt;<br class="">

To: 'fot' &lt;<a href="mailto:[email-masked]" class="">[email-masked]</a>&gt;<br class="">

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

<div class="">&nbsp;</div>

<div class=""><tt class="">

&lt;g&gt;

Randall

<div class=""><tt class=""></tt>&nbsp;</div>

<div class=""><tt class="">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 class=""><tt class=""></tt>&nbsp;</div>

<div class=""><tt class="">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 class=""><tt class=""></tt>&nbsp;</div>

<div class=""><tt class="">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 class=""><tt class=""></tt>&nbsp;</div>

<div class=""><tt class="">'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 class=""><tt class=""></tt>&nbsp;</div>

<div class=""><tt class="">Not a pretty picture.</tt></div>

<div class=""><tt class=""></tt>&nbsp;</div>

<div class=""><tt class="">Bill Dentinger</tt></div>

</font>
</div>

</div>
</font>_______________________________________________<br class=""><a href="mailto:[email-masked]" class="">[email-masked]</a><br class=""><br class="">http://www.fot-racing.com<br class=""><br class="">Donate: http://www.team.net/donate.html<br class="">Archive: http://www.team.net/archive<br class="">Forums: http://www.team.net/forums<br class="">Unsubscribe/Manage: http://autox.team.net/mailman/options/fot/[email-masked]<br class=""><br class=""><br class=""></div></blockquote></div><br class=""></body></html>
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From: Bill Babcock <[email-masked]>
Date: Mon, 2 Nov 2015 06:52:11 -0800

--===============5478808267597647177==

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Wow, that=E2=80=99s odd, the FOT address now comes up as TeriAnn. I must =
have hosed my address book somehow.=20

> Begin forwarded message:
>=20
> From: Bill Babcock <[email-masked]>
> Date: November 2, 2015 at 6:49:36 AM PST
> To: "TeriAnn J. Wakeman" <[email-masked]>
>=20
>=20
>=20
>> On Nov 2, 2015, at 6:43 AM, [email-masked] =
>>=20
>> =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

--Apple-Mail=_0E200765-7549-4263-B3E4-44940112DFD9
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"">Wow, that=E2=80=99s odd, the FOT address now comes up as =
TeriAnn. I must have hosed my address book somehow.&nbsp;<br =
class=3D""><div><br class=3D""><blockquote type=3D"cite" class=3D""><div =
class=3D"">Begin forwarded message:</div><br =
class=3D"Apple-interchange-newline"><div style=3D"margin-top: 0px; =
margin-right: 0px; margin-bottom: 0px; margin-left: 0px;" class=3D""><span=
 style=3D"font-family: -webkit-system-font, Helvetica Neue, Helvetica, =
sans-serif; color:rgba(0, 0, 0, 1.0);" class=3D""><b class=3D"">From: =
</b></span><span style=3D"font-family: -webkit-system-font, Helvetica =
Neue, Helvetica, sans-serif;" class=3D"">Bill Babcock &lt;<a =
href=3D"mailto:[email-masked]" =
class=3D"">[email-masked]</a>&gt;<br class=3D""></span></div><div =
style=3D"margin-top: 0px; margin-right: 0px; margin-bottom: 0px; =
margin-left: 0px;" class=3D""><span style=3D"font-family: =
-webkit-system-font, Helvetica Neue, Helvetica, sans-serif; =
color:rgba(0, 0, 0, 1.0);" class=3D""><b class=3D"">Date: =
</b></span><span style=3D"font-family: -webkit-system-font, Helvetica =
Neue, Helvetica, sans-serif;" class=3D"">November 2, 2015 at 6:49:36 AM =
PST<br class=3D""></span></div><div style=3D"margin-top: 0px; =
margin-right: 0px; margin-bottom: 0px; margin-left: 0px;" class=3D""><span=
 style=3D"font-family: -webkit-system-font, Helvetica Neue, Helvetica, =
sans-serif; color:rgba(0, 0, 0, 1.0);" class=3D""><b class=3D"">To: =
</b></span><span style=3D"font-family: -webkit-system-font, Helvetica =
Neue, Helvetica, sans-serif;" class=3D"">"TeriAnn J. Wakeman" &lt;<a =
href=3D"mailto:[email-masked]" =
class=3D"">[email-masked]</a>&gt;<br class=3D""></span></div><div =
style=3D"margin-top: 0px; margin-right: 0px; margin-bottom: 0px; =
margin-left: 0px;" class=3D""><span style=3D"font-family: =
-webkit-system-font, Helvetica Neue, Helvetica, sans-serif; =
color:rgba(0, 0, 0, 1.0);" class=3D""><b class=3D"">Subject: =
</b></span><span style=3D"font-family: -webkit-system-font, Helvetica =
Neue, Helvetica, sans-serif;" class=3D""><b class=3D"">Re: [Fot] cams =
and roaches and such</b><br class=3D""></span></div><br class=3D""><div =
class=3D""><meta http-equiv=3D"Content-Type" content=3D"text/html =
charset=3Dus-ascii" class=3D""><div style=3D"word-wrap: break-word; =
-webkit-nbsp-mode: space; -webkit-line-break: after-white-space;" =
class=3D""><div 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.&nbsp;</div><div =
class=3D""><br class=3D""></div><div class=3D""><br class=3D""></div><br =
class=3D""><div class=3D""><blockquote type=3D"cite" class=3D""><div =
class=3D"">On Nov 2, 2015, at 6:43 AM, <a =
href=3D"mailto:[email-masked]" class=3D"">[email-masked]</a> =
wrote:</div><br class=3D"Apple-interchange-newline"><div class=3D""><font =
size=3D"2" face=3D"arial" class=3D"">
<div style=3D"font-family: arial, helvetica; font-size: 10pt;" class=3D"">=

<div id=3D"AOLMsgPart_2_ae883f36-53f9-4a3c-8883-a2191cf27945" class=3D"">
<font face=3D"arial" class=3D"">

<div class=3D"">From: Randall &lt;<a href=3D"mailto:[email-masked]" =
class=3D"">[email-masked]</a>&gt;<br class=3D"">

To: 'fot' &lt;<a href=3D"mailto:[email-masked]" =
class=3D"">[email-masked]</a>&gt;<br class=3D"">

Sent: Mon, Nov 2, 2015 3:32 am<br class=3D"">

<div class=3D"">&nbsp;</div>

<div class=3D""><tt class=3D"">

And I'll bet there are quite a few on this list
that were born before 1935.=20

&lt;g&gt;

Randall

<div class=3D""><tt class=3D""></tt>&nbsp;</div>

<div class=3D""><tt class=3D"">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 class=3D""><tt class=3D""></tt>&nbsp;</div>

<div class=3D""><tt class=3D"">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 class=3D""><tt class=3D""></tt>&nbsp;</div>

<div class=3D""><tt class=3D"">=46rom 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 class=3D""><tt class=3D""></tt>&nbsp;</div>

<div class=3D""><tt class=3D"">'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 class=3D""><tt class=3D""></tt>&nbsp;</div>

<div class=3D""><tt class=3D"">Not a pretty picture.</tt></div>

<div class=3D""><tt class=3D""></tt>&nbsp;</div>

<div class=3D""><tt class=3D"">Bill Dentinger</tt></div>

=20
</font>
</div>

</div>
</font>_______________________________________________<br class=3D""><a =
href=3D"mailto:[email-masked]" class=3D"">[email-masked]</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/[email-masked]<br =
class=3D""><br class=3D""><br class=3D""></div></blockquote></div><br =
class=3D""></div></div></blockquote></div><br class=3D""></body></html>=

--Apple-Mail=_0E200765-7549-4263-B3E4-44940112DFD9--

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From: <[email-masked]>
Date: Mon, 2 Nov 2015 14:26:02 -0600

This is a multi-part message in MIME format.

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   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?

art de armond

From: Bill Babcock=20
Sent: Monday, November 02, 2015 8:49 AM
To: TeriAnn J. Wakeman=20
Subject: Re: [Fot] cams and roaches and such

  And I'll bet there are quite a few on this list that were born before =
1935. <g> Randall _______________________________________________=20

  From 1966 to 2006, when I retired, I was a Management Trustee on a =

  Not a pretty picture.

  Bill Dentinger

-------------------------------------------------------------------------=
-------
_______________________________________________
[email-masked]

Archive: http://www.team.net/archive
http://autox.team.net/mailman/options/fot/[email-masked]

-------------------------------------------------------------------------=
-------

No virus found in this message.
Checked by AVG - www.avg.com
Version: 2016.0.7163 / Virus Database: 4457/10934 - Release Date: =
11/02/15

------=_NextPart_000_006D_01D1157A.66D20B90
	charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable

<HTML><HEAD>
<META content=3D"text/html charset=3Dus-ascii" =
http-equiv=3DContent-Type></HEAD>
<BODY=20
style=3D"WORD-WRAP: break-word; -webkit-nbsp-mode: space; =
-webkit-line-break: after-white-space"=20
dir=3Dltr>
<DIV dir=3Dltr>
<DIV style=3D"FONT-SIZE: 12pt; FONT-FAMILY: 'Calibri'; COLOR: #000000">
<DIV>&nbsp;&nbsp; The problem that seems mostly ignored is that of =
converting=20
the</DIV>
<DIV>retirement trust fund assets (a collection of non tradable =
bonds)</DIV>
<DIV>worth over 2 trillion dollars into benefit checks to the=20
beneficiaries.</DIV>
<DIV>Where will the money to redeem the bonds come from when we</DIV>
<DIV>are running huge deficits?</DIV>
<DIV>Did your research find answers to the solution to this =
problem?</DIV>
<DIV>&nbsp;</DIV>
<DIV>art de armond</DIV>
<DIV=20
style=3D'FONT-SIZE: small; TEXT-DECORATION: none; FONT-FAMILY: =
"Calibri"; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal; =
DISPLAY: inline'>
<DIV style=3D"FONT: 10pt tahoma">
<DIV>&nbsp;</DIV>
<DIV style=3D"BACKGROUND: #f5f5f5">
<DIV style=3D"font-color: black"><B>From:</B> <A =
title=[email-masked]=20
href=3D"mailto:[email-masked]">Bill Babcock</A> </DIV>
<DIV><B>Sent:</B> Monday, November 02, 2015 8:49 AM</DIV>
<DIV><B>To:</B> <A title=[email-masked]=20
href=3D"mailto:[email-masked]">TeriAnn J. Wakeman</A> </DIV>
<DIV><B>Subject:</B> Re: [Fot] cams and roaches and =
such</DIV></DIV></DIV>
<DIV>&nbsp;</DIV></DIV>
<DIV=20
style=3D'FONT-SIZE: small; TEXT-DECORATION: none; FONT-FAMILY: =
"Calibri"; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal; =
DISPLAY: inline'>
<DIV>In my research for the book I came to the odd conclusion that =
Social=20
Security is doing a lot better job than I expected. Most of the popular=20
criticism seems to be political posturing. My assumptions going in were =
almost=20
completely wrong. One of the reasons I like writing about stuff I know =
little=20
about. </DIV>
<DIV>&nbsp;</DIV>
<DIV>&nbsp;</DIV>
<DIV>&nbsp;</DIV>
<DIV>
<BLOCKQUOTE type=3D"cite">
  <DIV>On Nov 2, 2015, at 6:43 AM, <A=20
  href=3D"mailto:[email-masked]">[email-masked]</A> wrote:</DIV>
  <DIV>&nbsp;</DIV>
  <DIV><FONT size=3D2 face=3Darial>
  <DIV style=3D"FONT-SIZE: 10pt; FONT-FAMILY: arial, helvetica">
  <DIV id=3DAOLMsgPart_2_ae883f36-53f9-4a3c-8883-a2191cf27945><FONT =
face=3Darial>
  <DIV>From: Randall &lt;<A=20
  href=3D"mailto:[email-masked]">[email-masked]</A>&gt;<BR>To: =
'fot'=20
  &lt;<A =
href=3D"mailto:[email-masked]">[email-masked]</A>&gt;<BR>Sent:=20
  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=20
  1935. &lt;g&gt; Randall =
_______________________________________________=20
  </TT></DIV>
  <DIV><TT></TT>&nbsp;</DIV>
  <DIV><TT>NAW!&nbsp; Me and those other FOT guys you're talking about =
just look=20
  that old.&nbsp; Our sadomasochistic relationship with TRIUMPHs tends =
to be=20
  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=20
  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=20
  billion dollar Taft-Hartley Pension fund in Milwaukee.&nbsp; There is =
an=20
  entire industry, the Actuaries, that are available to guide Pension =
Funds and=20
  their investments to keep them solvent.&nbsp; The fund I served on has =
done a=20
  good job so far, and remains solvent.&nbsp; FICA (Social =
Security)...not so=20
  much. </TT></DIV>
  <DIV><TT></TT>&nbsp;</DIV>
  <DIV><TT>'Social Security' is being used by our government to address =
all=20
  sorts of issues not related to normal retirement.&nbsp; Funding has =
not kept=20
  up.&nbsp; If they have and use Actuaries...they're ignoring them. =
</TT></DIV>
  <DIV><TT></TT>&nbsp;</DIV>
  <DIV><TT>Not a pretty picture.</TT></DIV>
  <DIV><TT></TT>&nbsp;</DIV>
  <DIV><TT>Bill=20
  =
Dentinger</TT></DIV></FONT></DIV></DIV></FONT>___________________________=
____________________<BR><A=20
  =
href=3D"mailto:[email-masked]">[email-masked]</A><BR><BR>http://w=
ww.fot-racing.com<BR><BR>Donate:=20
  http://www.team.net/donate.html<BR>Archive:=20
  http://www.team.net/archive<BR>Forums:=20
  http://www.team.net/forums<BR>Unsubscribe/Manage:=20
  =
http://autox.team.net/mailman/options/fot/[email-masked]<BR><BR><BR><=
/DIV></BLOCKQUOTE></DIV><BR>
<P>
<HR>
_______________________________________________<BR>[email-masked]<BR>=
<BR>http://www.fot-racing.com<BR><BR>Donate:=20
http://www.team.net/forums<BR>Unsubscribe/Manage:=20
http://autox.team.net/mailman/options/fot/[email-masked]<BR><BR=
><BR>
<P>
<HR>
<A></A>
<P align=3Dleft color=3D"#000000" avgcert??>No virus found in this=20
message.<BR>Checked by AVG - <A=20
href=3D"http://www.avg.com">www.avg.com</A><BR>Version: 2016.0.7163 / =
Virus=20
Database: 4457/10934 - Release Date:=20
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From: John Hasty <[email-masked]>
Date: Mon, 2 Nov 2015 23:26:19 +0000

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

art de armond

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.

And I'll bet there are quite a few on this list that were born before 1935. <g> Randall _______________________________________________

Not a pretty picture.

Bill Dentinger

________________________________
_______________________________________________

________________________________

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

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.
_______________________________________________
[email-masked]

---

From: Bill Babcock <[email-masked]>
Date: Mon, 2 Nov 2015 16:40:04 -0800

--===============7253591676646052358==

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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 <[email-masked]> 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
> worth over 2 trillion dollars into benefit checks to the =
beneficiaries.
know little about.
>=20
>=20
>=20
> On Nov 2, 2015, at 6:43 AM, =
>=20
Security)...not so much.
of issues not related to normal retirement.  Funding has not kept up.  =
If they have and use Actuaries...they're ignoring them.
11/02/15
http://autox.team.net/mailman/options/fot/[email-masked]
>=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:&nbsp;<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.&nbsp;<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 &lt;<a href=3D"mailto:[email-masked]" =
class=3D"">[email-masked]</a>&gt; 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. &nbsp;Having been called on the carpet from =
some of my , now, Midwest friends for comments on what &nbsp;one of our =
political parties have done, &nbsp;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:[email-masked]" =
class=3D"">[email-masked]</a>&lt;<a =
href=3D"mailto:[email-masked]" =
class=3D"">mailto:[email-masked]</a>&gt;" &lt;<a =
href=3D"mailto:[email-masked]" =
class=3D"">[email-masked]</a>&lt;<a =
href=3D"mailto:[email-masked]" =
class=3D"">mailto:[email-masked]</a>&gt;&gt; wrote:<br =
class=3D""><br class=3D""> &nbsp;&nbsp;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&lt;<a href=3D"mailto:[email-masked]" =
class=3D"">mailto:[email-masked]</a>&gt;<br class=3D"">Sent: Monday, =
November 02, 2015 8:49 AM<br class=3D"">To: TeriAnn J. Wakeman&lt;<a =
href=3D"mailto:[email-masked]" =
class=3D"">mailto:[email-masked]</a>&gt;<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:[email-masked]" class=3D"">[email-masked]</a>&lt;<a=
 href=3D"mailto:[email-masked]" =
class=3D"">mailto:[email-masked]</a>&gt; wrote:<br class=3D""><br =
class=3D"">From: Randall &lt;<a href=3D"mailto:[email-masked]" =
class=3D"">[email-masked]</a>&lt;<a =
href=3D"mailto:[email-masked]" =
class=3D"">mailto:[email-masked]</a>&gt;&gt;<br class=3D"">To: =
'fot' &lt;<a href=3D"mailto:[email-masked]" =
class=3D"">[email-masked]</a>&lt;<a href=3D"mailto:[email-masked]"=
 class=3D"">mailto:[email-masked]</a>&gt;&gt;<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. &lt;g&gt; Randall =
_______________________________________________<br class=3D""><br =
class=3D"">NAW! &nbsp;Me and those other FOT guys you're talking about =
just look that old. &nbsp;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. &nbsp;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. &nbsp;There is an entire =
industry, the Actuaries, that are available to guide Pension Funds and =
their investments to keep them solvent. &nbsp;The fund I served on has =
done a good job so far, and remains solvent. &nbsp;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. &nbsp;Funding has not kept up. &nbsp;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:[email-masked]" =
class=3D"">[email-masked]</a>&lt;<a href=3D"mailto:[email-masked]"=
 class=3D"">mailto:[email-masked]</a>&gt;<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/[email-masked]<br =
class=3D""><br class=3D""><br class=3D""><br class=3D""><br =
class=3D"">________________________________<br =
class=3D"">_______________________________________________<br =
class=3D"">[email-masked]&lt;mailto:[email-masked]&gt;<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/[email-masked]<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&lt;http://www.avg.com&gt;<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"">[email-masked]&lt;mailto:[email-masked]&gt;<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/[email-masked]<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>=

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