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[65GT]

Anyone can be nominated from the floor to run for Internatinoal Office.  However, with last year's IP demonstrating how easy it is to break 'established customs,' for any administration to be able to deter a candidate from reaching the masses, last year's exercise shows that the membership was slighted, that they were not made aware of their real choices.

Same scenario, with a different timetable for that unit to nominate anyone running from the floor -- FEBRUARY 15TH -- through certification by their Unit President, accompanied by a consent form from the candidate for office.

NOW we're playing fair as ALL nominees (INC or Unit nominated) receive equal exposure to the membership.

Proposed constitutional Amendment attached.  It should be noted that after multiple requests, the normally very cooperative CBL Chair, did not reply to reviewing this proposed amendment.  It must be part of the CHAOS that was referenced in Madison.  Like one administration flushing ~$100,000.00 in a single year ISN'T CHAOS!  

Amendment attached -- if you get this one passed at your unit business meeting, let us know!!  

[65GT]

Sometimes, timing is everything...

"Tyranny," "incompetence" and "rubber stamping" are just some of the words characterizing the state of corporate governance that have appeared in recent posts on the Securities and Exchange Commission's website, in response to a proposed "proxy access rule" that would change the way directors are nominated to company boards.  In a nutshell, the proxy access rule, or Rule 14a-11, would make it possible for certain shareholders to include the names of opposing candidates on a company's proxy ballot. In theory, shareholders of public companies already elect the board of directors. In practice, however, a company's management often nominates a single slate of candidates that runs unopposed. Although shareholders have the right in some cases to nominate opposing candidates at the annual shareholder meeting, the nominations are essentially meaningless by then, because the majority of shareholders have already voted using a proxy ballot sent out in advance of the gathering.

But after the recent economic meltdown and trillions of dollars in shareholder losses, many Americans are questioning whether boards have been doing their job. "This crisis has led many to raise serious questions and concerns about the accountability and responsiveness of some companies and boards of directors to the interests of shareholders," SEC Chairman Mary Schapiro said in a speech on May 20, when the Commission voted to consider the proposal. "The time has come to resolve this debate.""

If only they could feel OUR pain...

Tyranny, Incompetence, and Rubber Stamping are just a small chip off the block that's kept this club submerged at chin level in fast moving waters over the last few years.

You have to wonder how many of those shareholders have had grievances filed against them, and judgments passed on them by corporate leaders?  Feckless leaders don't deserve protection, from anyone, especially when their annual accomplishments are the annual drop in overall membership, ever increasing financial losses, the steady path to dissolution.  Who do they think they are kidding?

Anyone can lead a club to dissolution, nobody needs to be pre-ordained to do that.  Accept the membership losses, call increasing annual financial losses 'unfortunate,' and just move on.  Each administration only has to survive 12 months before they can just push the slime over to the next failed administration, and go wash up.

Judgments these leaders make against members, in the attempts and hopes that they can HIDE their failures from the membership, are the saddest and lowest forms of the self-preservation of both a failed management structure, and failed managers, that you could ever possibly witness.

There you have it, the WBCCI leadership experience.  I hope that you're simply attending your local 3-4 day weekend rallies and having fun.  No need to pay attention to what's going on at the top, members have been near comatose to those events since 1979.  They'll wake up when the dissolution notice is sent out, and the final Blue Beret gets mailed -- in about 6 years from now...

"..."What's magical about this is that it costs [the shareholder] no money," Tyson says. "You can simply nominate someone on a proxy statement and get the shareholders to vote." Proxy ballots would list all candidates on the same ballot and ask shareholders to vote for individuals, rather than the current system of checking one box for a slate of directors."

Oh, and if you'd like to see the rest of that article, fairly balanced from a corporation point of view, but clearly our woes are covered by the needed changes, look here:

http://knowledge.wharton.upenn.edu/article.cfm?articleid=2331

* Grandma, Grandpa, Father, Mother, Brother, Sister, Son, Daughter, Grandson, Granddaughter approved... [SEND]