Wednesday, January 29, 2014

@Coast_Capital Credit Union: 4 member resolutions go to vote in March @Comp_Watch

Over 400 members of Coast Capital Savings Credit Union signed petitions to require a member vote on these four resolutions:
  1. Set Specific Pay for Directors
  2. Disclose Pay of Top 3 Executives
  3. Set 12 Year Term Limit for Directors
  4. Reform Director Election Processes
This surpasses the 300 signatures needed to have a vote of all Coast Capital members on the resolutions, on the election ballot March 14 - April 8.

A big thank-you to Phil Embley and Scott Kristjanson at Coast Capital Compensation Watch for spearheading this drive to reform our credit union! I joined Scott at Coast HQ to submit the signatures, so he posted my smiling face on the Comp Watch website announcement here.

Members please vote YES on these resolutions March 14 - April 8!

Monday, January 20, 2014

@Coast_Capital members please sign these #democracy reform resolutions @Comp_Watch

This is the last week for Coast Capital Savings Credit Union members to sign these 4 resolutions for restoring the board's accountability. We need 300 signatures to get them onto the March 2014 ballot, so that all members can vote on them. We have over 200, so getting close.

This is important because the Coast Capital board has been taking advantage of its power to overpay itself with members' funds. In 2011 they paid themselves more than double the pay of Vancity Credit Union's board -- details at coastcapitalcompensationwatch.wordpress.com/facts.

Members: Please print, sign, and return:

ALL 4 RESOLUTIONS IN THIS PDF FILE

You can scan (or photograph) your signed resolutions and email them to compensationwatch@gmail.com, or fax to 604-542-9369, or mail to address on the form.

Please forward this to friends in Metro Vancouver and Vancouver Island who may be members. Thank you!

Saturday, January 4, 2014

@modo_carcoop: Vote now to elect 3 directors; but there's no online campaign forum

Vancouver's Modo The Car Co-op members are voting in the annual election of directors from January 4 through January 22. We will choose 3 of these 5 candidates:
  • Aaron Burns
  • Arpal Dosanjh
  • Joel DeYoung
  • Simon Abou-Attoun
  • William Azaroff
I thank all five for offering to serve as directors of our co-op!

This year, Modo has launched online voting for the first time, an important step forward now that we have grown beyond 9,000 members. Each candidate has written a few paragraphs about themselves, and made a 2-minute video -- see www.modo.coop/modo-board-of-directors-2014-nominees-and-voting

It's great that busy members need not attend the AGM to vote, and we now have time for informed comparison of candidates. Unfortunately, there's not enough online support for informed comparison of candidates. We should have a campaign forum, linked from the election page, where members can ask candidates questions and discuss their answers. For example, see the director election campaign forum at Canadian Internet Registration Authority.

How about setting that up for next year?

The Modo AGM on January 22 should be fun. Free registration; all are welcome; only members can vote:
  • Co-op Fair 6-7pm: Meet other local co-ops (500 Granville St)
  • AGM 7-9pm: Complete the director election process (500 Granville St)
  • After-Party 8:30pm-midnight: Enjoy! (200 - 470 Granville St)
Related links FYI:

Sunday, December 29, 2013

Why I joined the @Liberal_Party of #Canada #LPC

I'm a swing voter. At various times, I have voted Conservative, Liberal, NDP, and Green. We swing voters keep politicians on their toes, competing with each other to serve the public interest (or at least to present themselves that way). No party can take our votes for granted.

So I had never joined a political party in my life. Until this year. Why the change?

Democratic competition is essential for making elected leaders accountable to voters. But even though our political systems feature electoral competition, that doesn't seem effective enough to keep our leaders and governments loyal to the public interest. Corruption of varying degrees seems pervasive and persistent, from the Liberals' sponsorship scandal ten years ago to the Conservatives' senate expenses scandal now.

Solving this problem has been my main occupation for the past 17 years, focusing first on corporations (where shareowners elect directors), then broadening to include democracies. As a financial economist, my main contribution is to design a system for voters to pay information providers (such as journalists), creating stronger incentives for journalists to serve the interests of a voter community. Successful tests of this system are reported in the paper Experiments in Voter Funded Media.

Designing a solution is one thing. Getting it implemented is quite another. Those in power are naturally reluctant to shift power from themselves to voters (which is what happens when voters become better informed). So it is difficult to change the system from the outside.

When a friend whom I respect asked me to help him run for election as a Liberal member of Canada's parliament, I soon agreed to do so, but did not commit to any specific type of help. It was only later, as I tried to understand the current dynamics of Canadian federal politics, that I saw a potential alignment of my public interest reform work with joining the Liberal Party of Canada (LPC) myself.

To regain Canadian voters' trust after the sponsorship scandal, the LPC needs to show they (we) are serious about reducing corruption and strengthening accountability. We also need to propose some innovative policy ideas to distinguish ourselves from the other parties (e.g. see this perspective in the Globe & Mail). A new internet-based voter information and engagement strategy could help fulfill these needs.

There are other reasons why the centrist LPC may fit my political orientation better than other parties. I was fortunate to grow up in a home where both my parents cared about politics and public policy. Best of all was their wide range of views, since Mom was NDP while Dad was Conservative. (And they stayed married for life!) I learned to appreciate that there are intelligent people in all our major political parties who are sincerely trying to serve the public interest. I see them all as colleagues in that endeavour.

The issue of democratic accountability can appeal to voters across the political spectrum. A centrist party may be in the best position to attract swing voters from other parties by taking the lead on such an issue.

Of course, voters and party members must try to ensure that an elected party actually delivers on its campaign platform. Backsliding has long been the norm:
"As soon as the new leaders have attained their ends, as soon as they have succeeded (in the name of the injured rights of the anonymous masses) in overthrowing the odious tyranny of their predecessors and in attaining to power in their turn, we see them undergo a transformation which renders them in every respect similar to the dethroned tyrants. Such metamorphoses as these are plainly recorded throughout history." (Michels [1911] p. 114)
When I quoted the above passage last year in a paper We Want Our Co-ops Back (p. 11), I added:
"Therefore in addition to supporting challengers, it is even more important to change a co-op's rules in ways that strengthen a competitive democracy, and reduce the entrenchment of the current leaders. Ideally, we members would like to elect directors that will help implement such reforms. So we should push candidates toward platforms that include reform, and hold them accountable to their promises."
As Lawrence Lessig said eloquently in his February 2013 TED talk (about 11 minutes in): It's not that democratic reform is the most important issue. But it's the first issue -- the one we need to solve in order to solve the more important issues like environmental policy. Although money-driven corruption is not as bad in Canada as in the USA, the power of well-funded narrow interests to misinform voters and influence politicians is a big problem here too.

So I'm heading for the LPC Biennial Policy Convention in Montreal, February 20-23, 2014.

BTW Canadians get tax credits for federal political donations. Your first $400 donated per calendar year only costs you $100. You can do this once by December 31, and then again in January -- donate to LPC at liberal.ca/donate or call (888) 542-3725.

Wednesday, September 25, 2013

@modo_carcoop Special General Meeting had a close call 15-14 vote #coop #democracy

This is my report on the Special General Meeting of Modo the Car Co-op, held recently on September 23, 2013. We voted on eight resolutions proposed by the Modo Board, for changing the co-op's rules:
  • Resolution 1: Correction of oversights or typographical errors; clarification; and removal of obsolete or redundant items
  • Resolution 2: Create a Nominations Committee and define its accountabilities
  • Resolution 3: Create alternatives to in-person voting at annual meetings for elections
  • Resolution 4: Create an option to use alternative voting systems in elections
  • Resolution 5: Permit the co-op to pay interest on members’ shares
  • Resolution 6: Permit an organization to become a Business Member of the co-op, and to appoint a Delegate to represent it
  • Resolution 7: Authorize the Board to invest funds with reference to an Investment Policy
  • Resolution 8: Change the name of the co-op to Modo Co-operative
Brief Summary of Meeting:
  • We passed each of the 8 resolutions by more than the required 2/3 super-majority vote.
  • On Resolution 7, I proposed an amendment to require a member approval vote on future changes to the Investment Policy. Amendments are decided by simple majority vote. With 14 in favour and 15 opposed, we did not adopt my amendment. We then unanimously approved the Board's original Resolution 7.
  • There was significant opposition to Resolution 6 (letting businesses that use Modo become voting members of Modo), but it passed by a vote of 25 in favour, 7 opposed.
Discussion of Resolutions 3 and 7:

Monday, September 16, 2013

#CIRA election: Why I'm voting for @KevinSMcArthur, Jim Grey, Ryan Merkley, Ruth Corbin

The Canadian Internet Registration Authority (CIRA) is holding its annual board election. I'm voting for these candidates:
Members' Slate:
- Kevin McArthur

Nomination Committee Slate:
- Jim Grey
- Ryan Merkley
- Ruth Corbin
If you're a CIRA member, you can vote Sept 16 - 23 (deadline: 11am Pacific time Sept 23). If you have a .ca domain, you can join CIRA for free at cira.ca/membership (and vote next year).

How I chose who to vote for:

I based my decision mainly on how the candidates participated in the election forum.

I especially like Kevin McArthur's advocacy of board transparency, which I strongly support as a way of increasing accountability of CIRA to its members and to the Canadian public. I voted for Kevin in 2012 and 2011 for similar reasons.

As for the Nomination Committee's candidates, my preference tipped toward Grey and Merkley for their replies to the forum question on what to do with CIRA's financial surplus, and toward Corbin for participating in the forum and not giving responses that I found disappointing.

How to improve CIRA's election process:

There is not enough voter engagement, nor enough sources of insightful assessments of the candidates. (There should be much more insight available than my blog post above, but if it's out there I can't find it.)

I have been recommending various improvements to CIRA, so instead of repeating them I'll link to them:

1. The latter half of this blog post last year.

2. The paper We Want Our Co-ops Back.

Friday, September 13, 2013

@modo_carcoop Investment Policy should be approved by Members #coop #democracy

Two weeks ago I blogged about the upcoming (Sept 23) Special General Meeting of Modo the Car Co-op, to vote on the Modo Board's proposed rule changes. I supported Resolution 2 (to create a nominations committee) and Resolution 3 (to enable voting via internet) as changes that would strengthen member democracy.

Recently I studied Resolution 7, which would authorize the Board to invest Modo funds with reference to an investment policy. It would change the existing Rule 10.02:
"Without the approval of the Members by special resolution, the Directors shall not invest a total of more than $25,000 of the funds of the Association in securities or classes of securities other than those in which trustees are permitted to invest trust funds under the Trustee Act."
To become:
"The funds of the Association shall be invested in accordance with an Investment Policy approved by the Directors that defines permitted investments and sets investment limits for permitted investments." [emphasis added]
To maintain democratic accountability to us Modo members on how our accumulated funds are invested, I recommend changing the word "Directors" to "Members" in the above proposed new rule. [Update 2013-09-20: amended wording in second comment below] So the Board could propose future changes to the investment policy, but those changes would need to be approved by a vote of the members.