Wednesday, February 28, 2018

Money? Let's not talk about it...

Another PNB FC meeting for the birds. Here's what Indigopirate heard... feathers dying, not flying.
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At the Pacifica National Board Finance Committee, Tuesday, 27 February, there was no sense of concern for Pacifica’s finances.

None.

All it seems is well at Pacifica.

The tone was casual/cordial.

Sam Agarwal, CFO, was absent.

Many committee member were absent.

There was toward the conclusion of the meeting a passing reference to the existence of the new Executive Director, Tom Livingston.

There had been a meeting.

There was of course no indication of any analysis or action.

Members of the Finance Committee introduced themselves.

So far as I could tell, no refreshments were served.

The next committee meeting was pushed back by a week.

R. Paul Martin noted in passing that there had never been a FY 2017 Budget, and that nothing was going at with respect to any FY 2018 Budget, which was due 1 October of last year.

‘We’ve sort of stalled…’

‘It’s complicated… it kind of has to loop around… the money wheel has to keep turning.’

They sail onward. All is well...

~ 'indigopirate’

9 comments:

  1. Any indication if the extension was granted? Status of the loan? Oh, sorry forgot it was a Pacifica PNB finance meeting. Never mind.

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    1. Relax. This is just a meet and greet among the six members who bothered to show. A little chit chat among people who know the real decisions are made elsewhere. They'll meet next week and try again to pretend to do something. Who knows they may even review the fiscal 2017 budgets. Even though they had a quorum, they decided they had too few people to make decisions. All that pesky bankruptcy stuff will just have to wait.

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    2. It proved that a Pacifica meeting can be a total waste of time even without vandals Cerene and the JUCettes crawling around.

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  2. Fund Raiser special - program change and improvement.

    The latest from Berthold. "WBAI is ooff the air. Continue to do your you regularly as we work to get us back online ASAP."

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  3. WBAI always sounds better when it's silent, which probably increases their listener base, anyway...

    SDL

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  4. Where o where is Deus ex machina? Loan, California AG, FCC, FDA, FTC, IRS?

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    1. Indeed. It's almost 5 months since the ESRT judgement (which has been earning/costing 9% interest ever since). Given the lack of information about basic issues, isn't it about time the members of Pacifica forced the matter by calling a Special Meeting of the members? 1% of members are needed to do this (so for every 10k of members that's 100 people). An easier way is by decision of a Local Station Board. The meeting has to occur between 35 & 90 days of receipt of the call by one of three Foundation officers.
      Article 3, Section 6(B): http://pacifica.org/indexed_bylaws/art3sec6.html


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  5. Tonite he comes to us. I know it I can feel it I can read it on the agenda on kpftx. Thirty whole minutes is devoted to the IED report. He will come and explain all in detail. Should be within minutes of this posting.

    Perhaps this will be the night of nights when it all comes clear.

    Or as someone singer sang -- "It was clear as mud, but it covered the ground ..."

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  6. It will be posted.

    Cerene is already posting frantic lies online—she is going crazier by the pixel

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