Teamsters voice anger with pension trustee

[rod]

Will the employer side of the CSPF board of trustees get a bonus also? I bet you didn't know half the board is from employers side.

I'm sure they would be included also since they are sleeping together.

 

[10 point]

There wasn't and there probably never will be in our lifetime. But it's always nice to throw some innuendo out there to get the sheep stired up.

You're not a "sheep"?

 

[BigUnionGuy]

Put simply, the financial problems of the CSPF and the investigation of the OCT should not be combined into one article.

The point BUG was making is the linkage is complex and unfair. An eight month trustee hardly has culpability for the decline of the CSPF. The reduction plan was being created before BL was appointed Trustee.
Now time will tell how much wrongdoing was actually involved in the Ohio Conference fiasco but connecting the two bodies is journalistic sensationalism, not factual reporting.

Trustee of troubled Teamsters fund resigns - Cincinnati.com

From that article;

"L's position as trustee for the Illinois-based Central States Pension Fund compromised the integrity of the fund, which is currently in financial trouble and set to drastically cut retiree benefits, said Butch L, retired former president of Local 100 Teamsters union."

"This shows you what kind of people are handling this money," Butch L told the Enquirer"

This particular journalist, from my hometown newspaper, has taken quite an interest in these issues.

That's even funnier.

A "journalist" quoting.... and using (as a source of information)

The disgraced, former (TDU) President of your Local.

I'm sorry but federal investigations finding 70% of funds were misused isn't very complex.

TDU.... kind of "dumbs down" the information on their website.

They feel it is more palatable, for the average Teamster to digest.



-Bug-

 

[Brownslave688]

From that article;

"L's position as trustee for the Illinois-based Central States Pension Fund compromised the integrity of the fund, which is currently in financial trouble and set to drastically cut retiree benefits, said Butch L, retired former president of Local 100 Teamsters union."

"This shows you what kind of people are handling this money," Butch L told the Enquirer"





That's even funnier.

A "journalist" quoting.... and using (as a source of information)

The disgraced, former (TDU) President of your Local.





TDU.... kind of "dumbs down" the information on their website.

They feel it is more palatable, for the average Teamster to digest.



-Bug-

I could care less about exact percentages. Money was being pissed away. Which has been the case in unions for the last 50+ years.

This is why some people have trouble trusting the unions with their money.

 

[10 point]

From that article;

That's even funnier.

A "journalist" quoting.... and using (as a source of information)

-Bug-

Agree.

She should have stuck with the Federal Investigatory report...60+ pages.

I could care less about exact percentages. Money was being away. Which has been the case in unions for the last 50+ years.

This is why some people have trouble trusting the unions with their money.

The tail is wagging the dog.
Don't forget that we're "just entitled". That explains everything.

 

[ezmoney5150]

So you are saying there won't be an announcement shortly after the pensions are cut that bonuses are being paid? Maybe not millions but they will prosper off our losses.

I guess you're right if you consider making a salary "prospering off of our losses." But the question is do you work for free?

 

[ezmoney5150]

I could care less about exact percentages. Money was being away. Which has been the case in unions for the last 50+ years.

This is why some people have trouble trusting the unions with their money.

LOL! The Central States Pension fund is not the union you silly boy.

I think you've read too many black helicopter conspiracy theories.

 

[Bubblehead]

That's even funnier.

A "journalist" quoting.... and using (as a source of information)

The disgraced, former (TDU) President of your Local.

Not sure how he was "disgraced", unless you count losing a re-election bid?

 

[ezmoney5150]

You're not a "sheep"?

A sheep is someone who doesn't verify information on his/her own. They spread what they hear and believe everything is a conspiracy.

 

[Brownslave688]

LOL! The Central States Pension fund is not the union you silly boy.

I think you've read too many black helicopter conspiracy theories.

I never said the central states pension fund.


TTKU

 

[oldngray]

I never said the central states pension fund.


TTKU

It's an incestuous relationship anyway. Many of the same names but with different job titles.

 

[Catatonic]

It's an incestuous relationship anyway. Many of the same names but with different job titles.

And each job title has a salary attached to it.

 

[Inthegame]

It's an incestuous relationship anyway. Many of the same names but with different job titles.

And each job title has a salary attached to it.

Trustees of trust funds (another title) are unpaid positions.

 

[rod]

I guess you're right if you consider making a salary "prospering off of our losses." But the question is do you work for free?

I guess you're right if you consider making a salary "prospering off of our losses." But the question is do you work for free?

I guess you're right if you consider making a salary "prospering off of our losses." But the question is do you work for free?

I guess you're right if you consider making a salary "prospering off of our losses." But the question is do you work for free?

I guess you're right if you consider making a salary "prospering off of our losses." But the question is do you work for free?

I guess you're right if you consider making a salary "prospering off of our losses." But the question is do you work for free?

 

[Brownslave688]

Whoa @rod what happened there.

 

[Catatonic]

ACCK

Whoa @rod what happened there.

Cat tiger got his tongue

 

[BigUnionGuy]

This is why some people have trouble trusting the unions with their money.

I never said the central states pension fund.

Um.... then I am confused what you mean.

Are you talking about dues money ?

Just curious.

Not sure how he was "disgraced", unless you count losing a re-election bid?

Maybe "disgraced" is my perception.


When you get video taped, raiding the Secretary-Treasure's office....

And then, lose re-election while the ST wins again.


What would you call that ?



-Bug-

 

[Bubblehead]

Maybe "disgraced" is my perception.


When you get video taped, raiding the Secretary-Treasure's office....

And then, lose re-election while the ST wins again.


What would you call that ?

Prudent and unfortunate.

But, hindsight is 20/20.

 

[BigUnionGuy]

It wasn't me, by the way.
Right @cheryl

Nope, it wasn't you.

-Bug-

 

[10 point]

A sheep is someone who doesn't verify information on his/her own. They spread what they hear and believe everything is a conspiracy.

Is that your expanded version?