Martindale, on the other hand, was ousted from office and stripped of his corps/clergy titles........and receives a lifetime $65,000 pension.
What gives? What is behind this incredible double standard? Couldn't this 65k-pension more aptly be described as a nondisclosure agreement.........hush-money? I mean, from everything we know and have seen from twi......it wasn't like martindale and twi penned a forward-looking pension plan when he took office in 1982. Hell no. This abrupt "pension agreement" was solidified under the auspices of legal counsel (in August 2000) days before his ousting.
T-Bone, true. And I think Sky is right, when he said that 82k(?) a year for LCM, was "not to shabby." However, I believe that someday God is going to judge us for our actions here on earth. I try to make sure that ever day, I am kind to people, and animals. I don't know when God, is going to call me home; I want to make sure God knows that I am as kind, and generous as possible everyday. I don't want to disappoint Him.
Wow - 65k - that's like more than they pay teachers in most places. So home boy is sitting around watching soaps and collecting a principal's salary. What a waste of human life and air space. That probably kicked in so he didn't have to work at UPS during the Christmas season and tell tall stories that could get around.
How is this justified? Well, #1 because lawyers, now no Way follower can request a financial copy. So keep the populace in the dark. Step #1. Have investment income from your pillaged $65M - so you can lie to Wayfers and say their ABS doesn't pay for a trust fund lifestyle for the Naked Cowboy of Cabin 12.
I think on the next Way Productions Showcase, they should include a sketch entitled "What Craig Does With His Time But Not Your Money"....
IIRC, back in the 70s the IRS paid VP a visit. One point of contention was that VP claimed that his salary was something ridiculously small (can't remember what it was). They told him he had to have at least a much larger amount by law. Anybody remember this? So...
If that was true, it's not too much of a stretch to suppose that, also by law, LCM would rate SOMETHING as severance pay for his 18 yrs as pres, and the 65K was what he and twis lawyers agreed upon. Just a thought.
IIRC, back in the 70s the IRS paid VP a visit. One point of contention was that VP claimed that his salary was something ridiculously small (can't remember what it was). They told him he had to have at least a much larger amount by law. Anybody remember this? So...
If that was true, it's not too much of a stretch to suppose that, also by law, LCM would rate SOMETHING as severance pay for his 18 yrs as pres, and the 65K was what he and twis lawyers agreed upon. Just a thought.
Unrelated concepts. Loy's pension would have no bearing on tax exempt status of the corporation as a whole.
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OldSkool
Rewards of iniquity.
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T-Bone
Hush money = dumba$$ suppression system
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Grace Valerie Claire
T-Bone, true. And I think Sky is right, when he said that 82k(?) a year for LCM, was "not to shabby." However, I believe that someday God is going to judge us for our actions here on earth. I try to make sure that ever day, I am kind to people, and animals. I don't know when God, is going to call me home; I want to make sure God knows that I am as kind, and generous as possible everyday. I don't want to disappoint Him.
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chockfull
Wow - 65k - that's like more than they pay teachers in most places. So home boy is sitting around watching soaps and collecting a principal's salary. What a waste of human life and air space. That probably kicked in so he didn't have to work at UPS during the Christmas season and tell tall stories that could get around.
How is this justified? Well, #1 because lawyers, now no Way follower can request a financial copy. So keep the populace in the dark. Step #1. Have investment income from your pillaged $65M - so you can lie to Wayfers and say their ABS doesn't pay for a trust fund lifestyle for the Naked Cowboy of Cabin 12.
I think on the next Way Productions Showcase, they should include a sketch entitled "What Craig Does With His Time But Not Your Money"....
LOL.
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Twinky
One hopes that he is giving 20% of his il-gotten gains back to TWI.
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johniam
IIRC, back in the 70s the IRS paid VP a visit. One point of contention was that VP claimed that his salary was something ridiculously small (can't remember what it was). They told him he had to have at least a much larger amount by law. Anybody remember this? So...
If that was true, it's not too much of a stretch to suppose that, also by law, LCM would rate SOMETHING as severance pay for his 18 yrs as pres, and the 65K was what he and twis lawyers agreed upon. Just a thought.
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Rocky
Unrelated concepts. Loy's pension would have no bearing on tax exempt status of the corporation as a whole.
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