More Money from Retirees Pension Funds Targeted!!!!
It was rather surprising when we
learned of the Phylis Borzi connection to the NCCMP. We were shocked when w
learned that since 2008 Brozi has been parading all over the world with the
NCCMP conspiring to create changes to ERISA law that would allow the theft from
Retirees.
Borzi has presented these NCCMP rats
and has declared them “high level decision-making authorities”
representing the US . They are
the people responsible for diverting billions of pension dollars into scams
such as ULLICO and responsible for our funds suffering huge losses such as the
First Trade Union Bank or ULLICO s entire Casualty Insurance division wiped
out. What they are not is“high level decision-making authorities”
representing the US. We still have not been given answers as to what Borzi was
doing with them. Who paid for all these trips. Who paid for Borzis end. We have
not had answers as to why they have allowed these huge diversion of multi employer
fund money into companies like ULLICO who have been hemorrhaging money for
years despite their fiduciary duties to our funds. We are also amazed and
shocked at the absurdity of Kline holding hearings just for these NCCMP Rats as
we learned of the danger retirees still face because it appears the rats are
not done yet and have more theft planned for our workers and retirees.
Even with retires reeling from the shock
of the theft of their pension checks Even as the Teamsters are bracing for the
tanking of their fund by a little weasel rat like NyHan who it is clear has no
remorse ,no regret or sympathy for the Central States funds retirees he so
gleefully wants to tank. Even as Retirees pan a defense against this we have
been warned of yet another scam in the works by these Carpetbaggers,. The plans
are already in motion of their infrastructure scam. This scam will be financed
by the Pensions as well.. ULLICO rolled out yet another scam fund called the
Infrastructure Fund in 2012 and behind everybody’s back crawled in bed with
China. They are now are in NYC making loans with the Bank of China to
developers as part of their scam to control the non Union by loaning them
members money and financing it with Pension fund money. They are now not only
stealing from funds but from retirees themselves.. Four International
Presidents have created the National Infrastructure Alliance which is again
funded by Union members money. The Laborers Terry OSullivan, The Carpenters
Doug McCarron, The Operating Engineers Callahan and the Iron Workers Walter
Wise.
As predicted the media propaganda campaign
has begun just as predicted with these Carpetbaggers wringing their hands and
expressing great worry and concern for the conditions of the American
Infrastructure as if they really could care less. Now they have moved to the
next stage where for a small cut of the action they will come up with the money
from their new friends in the Chinese and Japanese Banking Industry with the
Bank of China ,the Development Bank of Japan and Mitsubishi UFJ Financial Group already on board (Ill let others
help you understand the ramifications of the Banks of China and Japan financing
the infrastructure of this country. )and from the US end more money they will
divert, demand and steal from American Pensioners. Yes sir you have just
mobilized to fend off this attack and they are already planning to steal more.
The Obama Administration will convene
meetings which none of us have heard of .He is Convening the U.S. and
Global Infrastructure Leaders to Catalyze Growth in the U.S. Infrastructure
Market.. Surprise and where will he steal the money???
From
” pension funds collectively representing more than $50 billion of
projected private capital investment in the U.S. infrastructure market over the
next five years” How could our American Pension system absorb such numbers and
possibly commit 50 bilion“The California State Teachers Retirement System, for
example, is announcing a new multi-billion dollar global syndicate to invest in
US infrastructure.” And of course good old ULLICO “Ullico, a labor-owned
insurance and investment company, will invest $300 million in the coming five
years exclusively in domestic projects” Of course this number is rather
misleading since the rather scary list of Obamas private sector participants such as “Macquarie Infrastructure
Partners”” Brookfield Asset Management,” Blackrock,” “Blackstone,” Meridiam,
and Ullico Infrastructure; The majority up to their neck in multi employer fund
monies which should be counted wit ULLICOs 300 million., Especially Brookfield
Asset Management rather interesting relationship with ULLICO and a few of the
others interesting relationship with the Amalgamated Bank of Chicago.
Go have a look at the great Infrastructure cause here on the whitehouse.gov web site https://www.whitehouse.gov/the-press-office/2014/09/09/fact-sheet-build-america-infrastructure-investment-summit
The attack of our retirees is much deeper and
much more perilous than we could have
Fathomed.How
could anybody think our pension system could survive such demands . Is it the
intention of these carpetbaggers to destroy our system and drain every last
dollar owed not to them but to those who worked 30 and 40 years for their
future.
