MR.FIENBERG.IN YOUR HANDS YOU HOLD THE FUTURE .HOW DOES IT FEEL??

 Mr. Feinberg..


IT IS YOU WHO HOLD THE FUTURE OF SOME MANY HUNDREDS OF THOUSANDS IN YOUR HANDS. AND YOU WILL BE ASKED TO REPEAT THIS PROCESS OVER AND OVER. IT WILL BE YOU WHO WILL PUSH THE FIRST DOMINO KNOWING FOR A FACT THAT WHEN YOU DO AND AFTER THE FIRST SO MANY WILL FALL  AND FOR SUCH A LONG TIME.DID YOU EVER THINK THAT SOMEDAY IT WOULD BE YOU TO DECIDE WHO IS TO OLD .TO SICK. TO YOUNG.WHAT A CROSS TO BEAR. TO CARRY. LEAVING SUCH SUFFERING IN YOUR WAKE.
 
HOW DID IT COME TO THIS??

YOU ARE BEING FORCED BY A SMALL GROUP OF  EVEN SMALLER MEN WHO HAVE CHOSEN TO WALK A PATH WHERE ONLY MONEY,GREED AND POWER COUNT. SMALL MEN WITH SALARIES SO HIGH THE AMOUNTS ARE ASTOUNDING. DOUBLE AND TRIPLE PENSIONS SO LARGE THEY CAN FEED NOT JUST A FEW BUT ENTIRE FAMILIES .WITH UNION MEETINGS IN MULTIPLE HAWAIIAN LOCATIONS THAT THE WORKERS WHOSE LABOR ARE PAYING FOR THESE TRIPS WILL NEVER SEE IN A LIFE TIME. LM2 UNION  FINANCIAL STATEMENTS  THAT DECLARE ALL "OFFICERS WILL FLY FIRST CLASS AIRFARE" AS THEY CUT DENTAL, EYE WARE AND HEALTH INSURANCE FOR FAMILY'S AND CHILDREN.UNION LM2 FINANCIAL STATEMENTS THAT DECLARE BESIDES THESE ABSURD WAGES YOU WILL ALSO BUY TEAMSTER PRESIDENT JAMES HOFFA JR AND THE TEAMSTER VP A HOUSE EACH YEAR AS YOU ELIMINATE HEALTH CARE COMPLETELY FOR RETIREES.LM2s  THAT SHOW LABORERS INTERNATIONAL PRESIDENT TERRY OSULLIVAN TAKING DISGUSTING AMOUNTS FROM HIS OWN UNION AND WITH HIS NAME ON THE ULLICO LM10 FOR $87,000 IN FEES,GOLF AND ENTERTAINMENT.The ULLICO LM10 THAT IS USUALLY 170-275 PAGES OF PAYOUTS AND KICKBACKS TO UNION OFFICERS..THE FAMOUS DOUG "UNDUE BURDEN ON THE TAXPAYERS" MCCARRON TAKING $545,000 IN WAGES AS HE COLLECTS HIS "TOOLS" PENSION WHILE WORKING.DIRTY DOUG FINANCIALLY AND PERSONALLY DESTROYING UNION MEMBERS WHO TOLD HIM NO TO HIS REQUESTS FOR CORRUPTION AS HE WAS DRIVEN AROUND IN A QUARTER MILLION DOLLAR BULLET PROOF CAR WITH A QUARTER MILLION  DOLLARS WORTH OF SECURITY PERSONNEL. THIS IS NOT THE PRESIDENT  OF THE UNITED STATES  BUT SOME PODUNK NUT SACK UNION OFFICER.

   Good God .Allowing these cuts will put almost a half million people in poverty. THAT  IS MINUS OF COURSE THE UNION(RATS) LEADERS,DIRTY POLITICIANS(RATS)  AND BUSINESS OWNERS(RATS) BEHIND THIS ATTACK AND WAR ON GOOD HARDWORKING AMERICANS.

      The group behind this is the NCCMP which is made up of Union International leaders directly responsible for the condition of the funds they claim to want Solutions for and not Bail outs for. Of course the theft of 50-60% from a retirees paycheck is "not a bail out". It is their "solution". The solution which includes the Blatant theft from those whom they have already robbed over and over and over.They have mismanaged funds. Violated their fiduciary duty and conspired to attack ERISA law so they could make high risk investments. The NCCMP has been traveling the world with EBSA Ass. Sec. Borzi since 2006 attending AEIP summits with AEIP and Canada's MEBCO. EBSA Asst.Sec Borzi has been presenting these private citizens High Ranking Decision Making Authorities representing the United States. How is this possible?

       Brussels, Paris, Boston, Barcelona and sunny Ft. Lauderdale Florida. The entire time conspiring with these entities to attack ERISA law so they could and did make these high risk investments. They have conspired to take the Fiduciary Power and Duty from Fund Trustees and giving it to fund managers such as Hamilton Lane whom they formed Fund of Funds with.
This can be examined in An examination of Union fund diversions into ULLICO a company hemorrhaging money for years and a company who in 2013 had its entire ULLICO Casualty Division Liquidated by the Sate of Delaware because it was so bad they could not even offer it a recovery program. Individual multi employer funds, such as those in the United Brotherhood of Carpenters, that tried to get their money out of ULLICO were each influenced by the Interference of the General President Douglas McCarron at the direct request of ULLICO.

    These fund of funds and attack on Trustees Fiduciary power many times involved crushing the finances and reputations of Fund trustees and Officers who refused to play ball. Some funds were seized in phony trusteeships. The legitimacy of Hamilton Lane and these fund of funds were questioned by the DOL in 2003 and since then the EBSA has refused to investigate the actions of Unions and their leaders for these losses. We have an investigation into the Empire Carpenters fund in 2009. It went on for two years and they did nothing. After one year we got notice the Boston Investigator Richard Nunes was splitting out investigation He was to keep the Pension investigation and he was giving the Health and Welfare to investigator Amy Fried. Three days later Amy Fried went on Maternity leave. We heard nothing from her for 8 months. One day we got a letter saying they found nothing wrong and were closing our case.

     During the time they were supposed to be investigating our fund lost $165 million to Madoff. The Empire Council was seized in Trusteeship. All fund trustees were fired and accused of corruption and breach of fiduciary duty. The Parent Union seated the International Executive board as fund trustees were they remain to this day. The fund trustees were all sued accused of a number of things including breach and corruption. They were also all let off the hook and they refuses to this day to tell us what deal they made or if they recovered any money at all including the 2 million each Trustee was bonded for. The Parent Union tried to fire the existing fund lawyers and replace them with DeCalro and Shanley the main UBC law firm. A law firm just removed from a case in Central California District Court by Judge James Selna because of “conflict of interest so egresses he could not let it continue”. He went on to declare “he had to remove them to restore the integrity of his court”. The Parent Union the UBC tried to install these lawyers as the only firm on the funds. The Employer Trustees sued the UBC International to stop it and won.

      These are the types of things that are going on and have resulted in huge fund losses. The agency, the EBSA, in place to investigate these things are traveling the world with these people directly responsible for the fund losses and refuses to investigate and is presenting them as High Ranking Decision making authorities representing the US Government. Private citizens presented by Borzi as representing and speaking for the US Government.

     Why is it a hearing by The United States House of Representatives Committee on Education and the Workforce Subcommittee on Health, Employment, Labor and Pensions on April 29th was not announced until April 27th.
I want to know who designated these people to speak for American Retirees … and why the Subcommittee on Health, Employment, Labor and Pensions is holding special session so they can spew their propaganda .Who ordered this.
:The Witness List and only witness to speak were :

Randy DeFehn Executive Director National Coordinating Committee for Multiemployer Plans (NCCMP)
,
Mark McManus Sec Treasurer of the Plumbers and Pipe Fitters .I am sure the membership has no idea he is behind this and I am sure the membership has no idea they are financing the NCCMP.

Steve Sanherr Associated General Contractors of America and NCCMP Rat

Andrew Scoggin. AB Acquisition LLC

I notice there was no Phyills Borzi at the hearings …….

   The Central Sates fund is said to be in such bad shape because the UPS was allowed to leave the fund resulting in massive contributions no longer coming into the fund.The NCCMP, who with disgraced politician Robert Andrews of NJ as its lobbyist, is passing laws allowing the Central Sates fund to not pay it pension obligations called the Multi Employer Reform Act. Does anybody find it interesting that the UPS and the NCCMP have the same law firm. Alston and Bird of Washington DC.

 Mr. Feinberg this is not just about the Central States fund although it is so large and so many hard working Americans are in danger. This is about people conspiring and defrauding American workers over a long period of time. People entrusted to protect us.

     Mr Feinberg. I ask that you not only refuse the Central states request but you halt, cease and desist any use of the law to rob retirees, Multi Employer Reform act until a committee can be put in place to investigate EBSA Asst Sec Phylis Borzi and her relationship with the NCCMP and her Presenting private citizens as presenting them as High Ranking Decision making authorities representing the US Government. Her travel and attendance at the AEIP summits and who paid for them.. Any funding she received from the NCCMP,AEIP, MEBCO or anyone like them.

    Mr Feinberg I ask that you not only refuse the Central states request but you halt, cease and desist any use of the law to rob retirees, The Multi Employer Reform act, until a committee can be put in place to investigate whether these funding commitments and diversion of billions of fund monies by Union Leaders to fund of funds and companies such as Maquarie Infrastructure, Blum Capital, ULLICO Separate J,P and the newest scam the ULLICO Infrastructure fund, Stephen Ross and the Related UBC Opportunity Fund and Hamliton Lane. How it is possible for funds in New Jersey and California all share these common investments and lawyers.

  All these actins that should have been investigated by the EBSA and Phylis Borzi. You must now decide who you will replace the EBSA with to give the American worker the protections these agencies are there to provide. The South West Regional Council of Carpenters Pension funds has ONE page of these fund diversions. It totals 1,1 Billion dollars. If these funds are ruled illegal and the funds who took a pension check to finance one of these scams such as ULLICO Separate J which was created and used to lend money to the Non Unin developers in the hopes it could be used to leverage the company to the Union. Is this what Pensions are to be used for. If you rule them illegal and they have to be restored to a funds bottom line I am sure you will find many less funds eligible  for clawbacks due to its new funding status. I am sure once you investigate Borzi and the NCCMP there will no longer be a Multi Employer Reform Act.

   This conspiracy is all laid out for us in  Working Capital: The Power of Labor's Pensions: Archon Fung, Tessa Hebb, Joel Rogers.. In it they ask if the attacks on Trustees Fiduciary Power and duty is legal under ERISA. Or if these funds of funds are legal.The answer is they are getting away with it because nobody has brought it before the court,. This attack on American Retirees shows us NOW is the time to find out.. It most certainly proves placing fiduciary liability on investments managers is a must and critical to derail the plans of Union Carpetbaggers such as Terry Osullivan who took $ TOTAL $670,403 pus close to $1000,000 form ULLICO while fighting to steal form retirees, Sean McGReevy who took $518,028 and $120,000 from ULLICO or Doug Mccarron who took $545,000 plus collected his pension as he worked to rob retirees

Richard Dorrough

Mechanicville NY

Mr. Feinberg.. .Allowing these cuts will put almost a half million people and their families in poverty. The group behind this is the NCCMP made up of Union leaders directly responsible for the condition of the funds. They have mismanaged funds,violated their fiduciary duties and conspired to attack ERISA law so they could make high risk investments. The NCCMP has been traveling the world with EBSA Sec Borzi since 2006 attending AEIP summits with AEIP and Canada's MEBCO. EBSA Asst.Sec Borzi has been presenting these private citizens as High Ranking Decision Making Authorities representing the United States. How is this possible?

      Brussels, Paris, Boston, Barcelona and sunny Ft. Lauderdale Florida. The entire time conspiring with these entities to attack ERISA law so they could and did make these high risk investments. They have conspired to take the Fiduciary Power and Duty from Fund Trustees and giving it to fund managers such as Hamilton Lane whom they formed partnerships and created Fund of Funds with. This can be examined in An examination of Union fund diversions into ULLICO a company hemorrhaging money for years and a company who in 2013 had its entire ULLICO Casualty Division Liquidated by the State of Delaware because it was so bad they could not even offer it a recovery program. Individual multi employer funds, such as those in the United Brotherhood of Carpenters, that tried to get their money out of ULLICO were each stopped by the Intervention of the General President Douglas McCarron

These fund of funds and attack on Trustees Fiduciary power many times involved crushing the finances and reputations of Fund trustees and Officers who refused to play ball. Some funds were seized in phony trusteeships. The legitimacy  of Hamilton Lane and these fund of funds were questioned by the DOL in 2003 and since then the EBSA has refused to investigate the actions of Unions and their leaders for these losses. We had an investigation into the Empire Carpenters fund in 2009. It went on for two years and they did nothing. After one year we got notice that the Boston Investigator Richard Nunes was splitting our investigation. He was to keep the Pension investigation and he was giving the Health and Welfare to investigator Amy Fried. Three days later Amy Fried went on 6 month Maternity leave. We heard nothing from her for 8 months. One day we got a letter saying they found nothing wrong and were closing our case.

During the time they were supposed to be investigating our fund lost $165 million to Madoff. The Empire Council was seized in Trusteeship. All fund trustees were fired and accused of corruption and breach of fiduciary duty. The Parent Union seated the International Executive board as fund trustees where they remain to this day. The fund trustees were all sued and accused of a number of things including breach and corruption. They were also all let off the hook and they refuse to this day to tell us what deal they made or if they recovered any money at all including the 2 million each Trustee was bonded for. The Parent Union tried to fire the existing fund lawyers and replace them with DeCalro and Shanley the main UBC law firm. A law firm just removed from a case in Central California District Court by Judge James Selna because of “conflict of interest so egresses he could not let it continue”. He went on to declare “he had to remove them to restore the integrity of his court”. The Parent Union the UBC tried to install these lawyers as the only firm on the funds. The Employer Trustees sued the UBC International to stop it and won.

These are the types of things that are going on and have resulted in huge fund losses. The agency, the EBSA, in place to investigate these things are traveling the world with these people directly responsible for the fund losses and refuses to investigate and is presenting them as High Ranking Decision making authorities representing the US Government. Private citizens presented by Borzi as representing and speaking for the US Government.

Why is it a hearing by The United States House of Representatives Committee on Education and the Workforce Subcommittee on Health, Employment, Labor and Pensions on April 29th was not announced until April 27th.

I want to know who designated these people to speak for American Retirees … and why the Subcommittee on Health, Employment, Labor and Pensions is holding special session so they can spew their propaganda .Who ordered this.

:The Witness List and only witness to speak were :

Randy DeFehn Executive Director National Coordinating Committee for Multiemployer Plans (NCCMP)

,

Mark McManus Sec Treasurer of the Plumbers and Pipe Fitters .I am sure the membership has no idea he is behind this and I am sure the membership has no idea they are financing the NCCMP.

Steve Sanherr Associated General Contractors of America and NCCMP Rat

Andrew Scoggin. AB Acquisition LLC

I notice there was no Phyills Borzi at the hearings …….

The Central Sates fund is said to be in such bad shape because the UPS was allowed to leave the fund resulting in massive contributions no longer coming into the fund.The NCCMP, who with disgraced politician Robert Andrews of NJ as its lobbyist, is passing laws allowing the Central Sates fund to not pay it pension obligations called the Multi Employer Reform Act. Does anybody find it interesting that the UPS and the NCCMP have the same law firm. Alston and Bird of Washington DC.

Mr. Feinberg this is not just about the Central States fund although it is so large and so many hard working Americans are in danger. This is about people conspiring and defrauding American workers over a long period of time. People entrusted to protect us.

Mr Feinberg. I ask that you not only refuse the Central states request but you halt, cease and desist any use of the law to rob retirees, the Multi Employer Reform act, until a committee can be put in place to investigate EBSA Asst Sec Phylis Borzi and her relationship with the NCCMP and her Presenting private citizens and presenting them as High Ranking Decision making authorities representing the US Government. Her travel and attendance at the AEIP summits and who paid for them.. Any funding she received from the NCCMP,AEIP, MEBCO or anyone like them.

Mr Feinberg I ask that you not only refuse the Central states request but you halt, cease and desist any use of the law to rob retirees, The Multi Employer Reform act, until a committee can be put in place to investigate whether these funding commitments and diversion of billions of fund monies by Union Leaders to fund of funds and companies such as Maquarie Infrastructure, Blum Capital, ULLICO Separate J,P and the newest scam the ULLICO Infrastructure fund, Stephen Ross and the Related UBC Opportunity Fund and Hamliton Lane. How it is possible for funds in New Jersey and California all share these common investments and lawyers.All these actions that should have been investigated by the EBSA and Phylis Borzi. You must now decide who you will replace the EBSA with to give the American worker the protections these agencies are there to provide. The South West Regional Council of Carpenters Pension funds has ONE page of these fund diversions. It totals $1.1 Billion dollars.ONE page for just ONE fund worth $1.1 Billion.  These funds diversions should be ruled illegal and the funds who took fund money to finance one of these scams such, as ULLICO Separate J which was created and used to lend money to the Non Union developers in the hopes it could be used to leverage the company to the Union investigated.. Is this what Pensions are to be used for. If you rule them illegal and they have to be restored to a funds bottom line I am sure you will find many less funds eligible for clawbacks due to its new funding status. I am sure once you investigate Borzi and the NCCMP there will no longer be a Multi Employer Reform Act.

This conspiracy is all laid out for us in Working Capital: The Power of Labor's Pensions: Archon Fung, Tessa Hebb, Joel Rogers.. In it they ask if the attacks on Trustees Fiduciary Power and duty is legal under ERISA. Or if these funds of funds are legal.The answer is they are getting away with it because nobody has brought it before the court,. This attack on American Retirees shows us NOW is the time to find out.. It most certainly proves placing fiduciary liability on investments managers is a must and critical to derail the plans of Union Carpetbaggers such as Terry Osullivan who took $ TOTAL $670,403 pus close to $1000,000 form ULLICO while fighting to steal form retirees, Sean McGReevy who took $518,028 and $120,000 from ULLICO or Doug Mccarron who took $545,000 plus collected his pension as he worked to rob retirees