Re: Packard International Fiduciary Issues

Posted by PreWarGuy On 2012/10/15 3:58:42
Back in "the good old days" of P.I., when Fred and Carol Mauck were the ambassadors of the club, there was never an issue with P.I. Since the appointment of the new regime, the national (or "International") board has operated on their own agenda with no regard for the regions or their input. Since open elections are not held among the membership, this group has become firmly entrenched with little hope for change.

A larger issue is an "investment account" held by P.I. that contains over $200,000. Most members are unaware that this account even exists. A full accounting of this money is not included in the annual Operating Statement (which is not a complete year-end balance sheet) and some have asked whether loans have been made from this account and who on the board has access to the funds? No answer regarding this account has been offered by the P.I. board.

What has this to do with enjoying Packards? Very little. Other than the fact that the P.I. members deserve to know how their dues are being used. This is but one of several issues that pushed the Oregon region to leave P.I.

Following the Oregon Region's notice of dissolution, the P.I board sent a letter to the Region, revoking their charter (which has been held since 1974) and demanding that no mention of this controversy be made in any public forum (including PackardInfo.com) That the P.I. board deems itself more powerful than the U.S. Constitution and believes it can limit freedom of speech makes one wonder what they are so afraid of? An open dialogue is all that the Oregon Region ever wanted. P.I. felt otherwise.

It's all very strange.

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