Happy New Year to all members of the Mathmatecum and new and occasional readers of this blog! We here at the Mathmatecum have been able to determine what the amount of this year’s distributions will be. Checks will be sent out prior to February 15, 2023, as proscribed. This will be our fourth distribution since the founding of the Mathmatecum in 2019. The first year saw members receive more than in the second year due to financial markets at the time, conversely the next two years saw a year over year increase. As a consequence, 2.5% of members at present have received their “ENTIRE” cost of membership. 5% of members have unfortunately passed away, one of who’s cause of death was Covid. May they rest in peace. Our youngest member was one year old on September 6th and our oldest was 92 on November 4th!
The present membership money fund is now 1.8% greater than it would otherwise be due to our yearly 20% income retention mandate.
When I first started this blog, the National minimum wage was $7.25 per hour. At present only 20 states are still at that level. Here in Hawaii minimum wage is now $12 and the highest statewide is Washington at $15.74. Next week I will once again lay out a path to future financial success regardless of what you earn today or in the future.
BIO
1952 was the year QEII was crowned, the 1st H-bomb was detonated, and Dwight D Eisenhower was elected president. I got to see him and Nixon in a motorcade in my hometown of Paterson! Some weeks later I got to see Adlai Stevenson also in a motorcade along the same route just in front of St Joseph’s Church.
My memory is still quite good but of course fine details sometimes fade. I have for many years suppressed memories of an event I thought took place in 1954. Upon checking I find the event actually occurred in 1951 and what triggered my memory was viewing the movie “The Caine Mutiny” and watching a horrific storm on the screen. That portrayal of a storm at sea reminded me of a storm I was in on a party boat out of Great Kills, Staten Island. My recollection was not just of the storm but that another party boat sunk with 45 lives lost, only 19 survived!
Being 9 years of age (as you can well imagine) I had nightmares for months! I tried very hard not to dream from that time. To this very day I still don’t recall dreams but like once every 3 months. The dreams have no pattern and are never the same. Back to the event.
Labor Day was end of summer and the very next day we locked up the summer house and headed home to a new school year. My Father knew my favorite thing to do was fish! As a treat he took me and my older cousins, Fran and Jean, on a fishing trip aboard what was called a “head Boat” with about 50 people on board. In 1951 electronic gear was minimal and there was no notice of a storm headed our way. The storm was violent when it erupted and by all accounts, the fact that we made it back to the dock was due to the captains’ skill and a huge amount of luck. When we arrived back at the dock, we were greeted by a huge crowd who already knew the fate of the Pelican out of Montauk, Long Island. The storm sequence in “The Caine Mutiny” showed waves breaking over the ship just like they did over our boat. Surprisingly the experience never stopped me from going out to sea to fish all these many years later.
JAI BABA
TTFN
JU
