X-Message-Number: 1364 Date: 27 Nov 92 05:36:04 EST From: Saul Kent <> Subject: CRYONICS: REPLY TO KEITH HENSON MESSAGE #1354 I haven't responded to one of Keith Henson's postings for a long time because of my disdain for Keith's habit of misinterpreting and misusing what I and others say. I've decided to respond to Keith's reply to the questions Courtney Smith asked of Keith (in msg 1344) because I find some of Keith's replies especially disturbing. In a previous posting, Keith had charged that Courtney and Bob Kreuger had resigned from the Alcor Financial Advisory Committee because they were embarrassed by the third member of the committee, Eric Klien. Courtney responded by denying that he or Bob resigned for that reason and asked Keith who he had heard this from. Keith replied that he heard about it "indirectly from Michael Riskin". When I asked Michael Riskin on the phone about this, he told me that it is "abolutely untrue" that he had ever told Keith or anyone else that Courtney and Bob resigned from the committee because Eric was embarrassing them. Instead of apologizing to Courtney for posting a false statement with regard to the reason for his resigning from the committee, Keith then proceeded to tell Courtney that he should have been embarrassed by Eric and to assert that Courtney "couldn't admit embarrassment if you were standing in it up your neck." The problem with Keith's response is that he attacks Courtney for not being embarrassed by Eric as well as for not admitting that he was embarrassed by Eric. Since you pretend to be a mind-reader in your posting, Keith, which is it,: Was Courtney "wrong" in not being embarrassed by Eric or for not admitting he was embarrassed by Eric? Keith then goes on to suggest that Courtney may be incapable of admitting embarrassment, a presumption so devoid of evidence that I can only characterize it as "embarrassing". Later on, in his response to Courtney's reminder that one of the reasons he quit the committee was because "actions were not being taken to increase the yield in the funds", Keith minimizes the value of a good rate of return from Alcor's investments by contending that, since most of the growth in the Patient Care Fund has come from monies provided by new patients, "a few percentage points difference in the investment yield gets swamped out if you assume continued growth in the number of patients at the rate we have seen over the past few years." Keith appears to be willing to forego the financial benfits of "a few percentage points difference in the investment yield" of the Patient Care Fund because he believes that the costs of caring for new patients are "relatively small" because "the average cost per patient has gone way down due to economies of scale." Unfortunately, Keith leaves out the reason he and I and everyone else in Alcor are signed up to be suspended...the possibility of being restored to life in the future. Since, for most patients, the costs of reanimation (or attempts at reanimation) are likely to be derived entirely from the Patient Care Fund, it is imperative that this fund be as large as possible. We have no idea how much it will cost to reanimate patients from cryonic suspension, but considering the severity of the damage we inflict upon patients with today's primitive freezing techniques, we dare not underestimate the costs of reanimation. Additional unknown costs, which also should not be underestimated, involve the patient's re-entry into society, I find it astonishing that a director of Alcor, in discussing the financial condition of Alcor, should fail to consider the costs of achieving the primary purpose for which Alcor exists I also am astonished that Keith is apparently unconcerned about protecting Alcor's assets from the threats of litigation and government intervention. For five long years, I have been advocating moving a major portion of Alcor's liquid assets into an offshore bank, an extremely simple procedure, which would offer a significant degree of protection for these assets. During this period, I have yet to hear a single reason for not taking this important step from any Alcor director, officer, or member, and yet it remains undone. And now Keith blithly says that he doesn't think the protection of Alcor assets "rates in the top dozen concerns of Alcor" That's hard for me to believe, Keith. Will other Alcor directors please comment? Keith suggests that it's okay for the Patient Care Fund to pay "a little more now" because "it is in good shape compared to the operating fund and can afford it." I think Keith is profoundly mistaken here. I do not think the Patient Care Fund is in "good shape" now, and I think the operating fund is in poor shape because of mismanagement by directors such as Keith Henson. Keith's cavalier attitude towards The Patient Care Fund is one of the reasons I feel so strongly that patient care should be handled by an organization other than Alcor. Keith's caracterization of Alcor members who oppose him politically as the "lunatic fringe" is totally inappropriate for a director of Alcor and his failure to renounce his use of that term disqualifies him, in my opinion, from continuing to serve in that office. Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=1364