Friday, March 11, 2022

$Millions "Missing" from Afro-Methodist Church Pension Fund

By N.S.

Fri, Mar 11, 2022 7:18 a.m.

$Millions "Missing" from Afro-Methodist Church Pension Fund:

a lead story in today's wall street journal, reported widely elsewhere:

https://julieroys.com/ame-church-suspends-pension-payments-investigates-missing-funds/

https://faithfullymagazine.com/ame-church-retirement-fund-missing/



6 comments:

eahilf said...

Around the country, lots of pension money is 'missing' in the sense that too much money in benefits was promised to current and future pensioners, workers pay too little toward their own future pensions, and assumptions about the return on pension fund assets were and are way too optimistic -- this is especially true of public pension funds, where corrupt politicians seeking union support made irresponsible deals with just as corrupt public union officials.

Illinois is perhaps ground zero for this problem; Kentucky is smaller but just as bad, by all reports -- but the same problem is facing states, muncipalities, school districts, etc all over the country.

Anonymous said...

Of course. Preachers in the negro community their goal to make money. Consider even not in the Christian context the leader of the Black Muslims, Elijah Poole [Mohammad]. Very wealthy and his top half dozen or so "advisors" also had the big bucks.

Or Jeremiah Wrong [Wright]. Was the father confessor to Obama. When the man retired he moved into a $5 million 10,000 square foot home in a whitey gated golf course community. Or was it a $10 million home 5,000 square foot home? With option for indoor pool additionally.

Probably the real estate taxes written off too as a church asset. The negro does know how to live large.

Anonymous said...

jerry pdx
My place of employment had intimate dealings with Capitol Consultants a Portland based investment firm that managed around a billion in assets. It was mostly union fund money that CC loaned to another investment firm named Wilshire Credit Corp. which was run by an evil POS named Andrew Weiderhorn. The money mysteriously disappeared and Wilshire defaulted on the loans citing bad investments. Wiederhorn was fired but received a multi million dollar severance package. My office actually was holding some of the records from Wilshire and Capitol Consultants, somebody came in and destroyed them all so there was no trace of where the money went to. Thousands of pensioners lost their retirement and I still remember elderly people in our offices crying their eyes out because they had lost their pensions, their homes and having to go back to work, their retirement dreams destroyed. Weiderhorn stayed in Portland living in a giant mansion in the West Hills. If somebody had put a bullet in his brain and I was on a jury, I'm not sure I'd convict.

A very sad story and Mr. Weiderhorn is a White man but one of the cherished PC myths is that White collar crime is, well, all done by Whites. If you question blacks and White liberals about the skewed amount of street crime committed by blacks, they often will shoot back with: Yeah, but Whitey does all the White collar crime!

It's good to run these stories because they help dispel that myth.

eahilf said...

>Andrew Weiderhorn

Wikipedia/Andrew_Wiederhorn

Seems his name is Wiederhorn (not Weiderhorn); the name is probably of German origin, and in German 'ie' is pronounced differently/sounds different than 'ei'.

>Mr. Weiderhorn is a White man

If you look at the bottom of his Wikipedia page, you see his page is assigned to the category '21st-century American Jews' (among others).

I'll take Wikipedia's word for it and assume he's Jewish -- if so, he's not white.

If you do a search for him, you'll find he's again under investigation for financial fraud.

Anonymous said...

Nig*ers all want to be rappers or preachers,because neither occupation requires talent--only bullsh*t.Also preachers get shot less often--the exception being,when they get caught with another nigga's wife.

A lot of money is made by black "reverends"--and they walk around in the finest threads to prove it(plus cars etc.)

Your FAQs answered here(lol):

black patron saints,the negroes pray to(all have been anointed as saints by media,blm and other black "leaders".)

Who's the patron saint of black murderers?St.Samuel,of course.
Who's the patron saint of low IQ blacks?St.George of Floyd
Who's the patron saint of black joggers?St.Ahmaud.
Who's the patron saint of black frauds?St.Albert of Sharpton.
Who's the patron saint of dumb black bee-atches?St.Breonna.
Who's the patron saint of black hos?St.Kamala.
Who's the patron saint of worthless black mayors?St.Carl of Stokes.
Who's the patron saint of ambulance chasing black lawyers?St.Crump.
Who's the newest saint?St.Smollett(patron saint of lying).

Now go forth and rape,murder,rob and embezzle funds.

One more note,since blacks don't recognize White law,they definitely don't follow the Ten Commandments.But they have their own:

1)Thou shalt not work.
2)Thou shalt steal if thou feels like it.
3)Thou shalt kill for the slightest reason.
4)Thou shalt not surrender to police after stealing or killing.
5)Thou shalt lie through thy teeth in all matters where one is caught breaking White man's law.
6)Thou shall keep holy the Lord's day by attempting to commit only misdemeanors(if unable to--no biggie.)
7)Thou shalt not learn what the word "covet" means.
8)Thou shalt not bear witness against black crime.
9)Thou shall attempt to hit the black lotto if the opportunity presents itself.
10)Thou shalt not be monogamous(have sex with only one person during a period of time.).








--GRA

Anonymous said...

jerry pdx
Amen GRA