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New Canaan Rotary Club Bulletin                                             August 18, 2016
 
The Year of the Bow Tie gets curiouser and curiousier.  Apparently a sudden inspiration to leave New Canaan for Williamsburg overcame President 2.0 and, before he was able to arrange for a stand-in, he found himself well on his way to his destination.  What to do?  How about a broadcast email to the membership stating that he has abandoned his post and entreating someone, anyone, to act in loco presidentus?  Sounds like a plan.  Fortunately President-Elect Valerie filled the void admirably and handled the meeting management like a grizzled veteran.  The 2.0 management style is certainly unique.
 
The very first time Valerie appeared before the Club in her leadership role she correctly requested the introduction of Visiting Rotarians and guests.  Virtually unprecedented.  The unfortunate absence of either diminished her performance not a whit.  Next year could be BIG.
 
Joe Rucci announced that Ed Nordgaard’s memorial service will take place at the First Congregational Church of New Canaan on Saturday, August 27, 2016 at 10:00 AM.
 
On the Lobsterfest front Fireman Fred requested a meeting of his formidable staff following the meeting, said to look out for Amy’s email sign-up sheet which should be distributed shortly [he stated the minimum commitment he is expecting will be 6 hours], and entreated the membership to sell, sell, sell.  Then Ducatmeister Richard rose and informed the audience that he has received a disappointing 20% of the receipts he is ultimately expecting based on each member’s ticket allocation.  If you have not as yet given Richard the check for your tickets, GET IT UP!  This would be a good year to abandon our tradition of torturing anyone foolish enough to take on a position of responsibility.  The Lobsterfest is our major opportunity to fund our local, District and international service initiatives for the year.  Just because 2.0 isn’t here is no reason not to support him.
 
The Exchange Committee, Ann and Alex, then reminded the audience that they have successfully completed [and passed] committee level training and that Betsy and [surprisingly] Ben had aced the host family training just in time to welcome Alvaro next week.  As noted in the recent EXTRA edition of the Bullet, Alvaro will be our speaker next week.  If you are in town, be there.  The Committee needs an ambassador from 9:00 until 6:00 next Friday to be responsible for Alvaro – take him on a tour of the town, take him swimming, play golf, etc.  If you can be that person contact Ann [anncheney23@gmail.com] or Alex [alex.e.grantcharov@gmail.com].  It is time to step up and make Alvaro feel welcome in New Canaan.
 
Steve was enlisted to perform the sergeant duties and to no one’s surprise commenced his performance by uttering what has become his mantra, “I got nuthin’.”  Contradicting that initial statement, he then launched into a golf joke that offended every distaff member of the audience, although, truth be told, it was pretty funny.  Fines followed from Dr. John who was transported by the sophisticated cabaret act of George Baker at the pop-up park last evening; Fred a happy for a week in New Orleans [although August may not have been the optimum month to visit]; Rob was happy to have his son back from an academic/adventure experience in the Caribbean; Ann had a meager happy one for a week in New Hampshire; and Chris Snyder by way of B.T. had a sad because he would miss Ed Nordgaard’s infectious smile.  Before retreating to his seat, Steve once again flogged the NC Chamber of Commerce golf tournament at Wee Burn on September 26th.  He promised to continue hectoring the membership from now until then unless he gets some results, so discretion being the better part of valor, someone please step up.  For a mere $5,000 you could be the Spieth Title Sponsor [unless Steve beats you to it].
 
Once again following his President’s lead, Program Chair Ken was absent, so President-Elect Valerie donned her Acting Program Chair hat and introduced the day’s speaker, our very own B.T. Bowler, NCHS Class of 1986, married with three children, Ridgefield resident, and NC based Ameriprise financial advisor for the past 22 years.  His subject was the Fiduciary Rule promulgated by the federal Department of Labor, and thus known as the DOL Rule.  It’s stated purpose is to make transparent to the account owner what fees or friction are associated with her account.  Noble goal.  In its normal efficient fashion, the federal government has managed to condense this objective into an easy to understand, crystal clear document numbering in excess of 1,000 pages.  The SEC is supposed to regulate the financial services business, but in this case the Department of Labor wrote the Rule and, having no enforcement arm of its own, farmed that out to the IRS.  What could possibly go wrong?  B.T. stated that aggregate 401k’s and IRA’s in the U.S. total some $20 trillion dollars.  Various layers of government want a piece of that money and so have been exempted from any compliance constraints placed on the private sector.  There are literally thousands of broker/dealers in the country, most of which will not be able to bear the cost of compliance with the Rule and will be forced to either consolidate with the few remaining large firms or go out of business.  As B.T. moved from one side of the room to the other, playing the different roles of the affected parties, the whole subject became somewhat opaque.  His conclusion, if I understood it, is that the Rule is another example of enormously disruptive regulation fundamentally changing the face of financial services in the country over the next few years.  When the dust settles, he opined, Registered Investor Advisor Valerie will still be standing.  Heavy stuff!
 
Mike Bloomberg
Open Invitation to New Canaan Connecticut Residents to Host a Rotary Youth Exchange Student
Dear New Canaan Rotarians and Residents of New Canaan,
 
Rotary's Youth Exchange Program is one of the oldest and most successful Rotary programs. Every year, about 8,000 young people from around the world participate in the program.  It provides an opportunity for the students and their host families to understand other countries and cultures, bringing the world a little closer.
 
 
Thanks to the efforts of John Marlowe and Ann Cheney, the Rotary Club of New Canaan, has returned to the Youth Exchange Program. The club is sponsoring an outbound student, Caleigh Murray, a sophomore at New Canaan High School, who will leave for Madrid, Spain in August to begin her year abroad.
 
And we will be welcoming an inbound student, Rikke Sten Holst, a 15 year old girl from Denmark, to our community. We are looking for three warm and caring families to receive Rikke into their homes for about three and a half months each from mid-August 2015 to June 2016. It is an opportunity to have an experience of a lifetime. We have heard many times of the life long friendships that have developed between exchange students and their host families.
 
If you or any friend or family would like to be a host family, please contact Ann Cheney at ann@stewartsmarket.com. More information may be obtained at the Youth Exchange website: rotary.org/en/youth-exchange.
 
Your lives will be enriched as much as the student's.
 
Regards,
Ben
Read more...
New Canaan Rotary Club Seeks Hosts Families for 2015-16 Youth Exchange
Help an Exchange Student have  the experience of a lifetime.
 
The Rotary Club of New Canaan is sponsoring a 16 year old female student from Denmark . She will be a Sophomore at New Canaan High School during the 2015-16 school-year.
 
We are looking for three warm and caring families to welcome the student into their home for about 3 1/2 months each from mid-August  2015 to June 2016.
 
It's an opportunity to give an experience of a lifetime for the student and your family.
 
If you or any friend or family would like to be a host family please contact Ann Cheney
Email: ann@stewartsmarket.com
 
For more information check the Website: www.rotary.org/en/youth-exchanges
 
2015.06.18 New Canaan Rotary Club Bulletin

New Canaan Rotary Club Bulletin                                  June 18,2015

Heeeee’s baaaaaack!  President Eric has NOT abandoned us within sight of the finish line as we thought after last week’s no-show.  He was in the room just oozing authority and leadership as he led the penultimate Pledge of his executive year.  He was then forced to concede that after 51 weeks he had failed to coax the membership into the dining room and so moved himself into the buffet room to offer the weekly prayer/editorial.

Kevin arrived at 12:35.

Throwing the traditional agenda to the wind [this did not sit well with Rucci the Elder] Eric decided that a patient pleasant demeanor had clearly not gotten the job done and turned ugly, calling out by name all RSVP recalcitrants.  George Baker, Kevin McLaughlin, Marty Skrelunas, John Engel, Tom Lewis, Don McIvor, Pete Santella, Phil McLain, Sandy Malloy, Chris Nyilas, Mike Franco and Frankie the Claw have ignored vocal and written entreaties to let Eric know whether or not they plan to attend next Thursday evening’s Induction Dinner at the Roger with a cash bar commencing at 6:00 with dinner to follow at 7:00.  He suggested that failure to respond by tomorrow would be grounds for a $500 fine.  While this recommendation will not be acted upon common decency requires that all of the above respond to Eric so he can inform our hosts how many diners to expect.  Now would be a good time to email Eric at efjedal@snet.net.  The Induction Dinner will replace the normal luncheon meeting on Thursday, June 25.

Eric then called on Ben to update the Club on the Dorrico Scholarship, a joint effort of the Dorrico family [Joe Dorrico was a long time NC postmaster and Rotarian, including a year as president] and our Club.  Selection of the recipient was made last week.  The scholarship amount is $1,350.  Ben has bumped the amount up to $2,000 the last few years.  A suggestion was made to use the Dictionary Model to cover that expense going forward.  Any member wishing to help should make out a check to the New Canaan Rotary Club Foundation, put Dorrico Scholarship on the memo line, and mail it to P.O. Box 62 or give it personally to Ben or Treasurer Tom.  Should we receive more than the $650 we need for this year we will keep the difference to add to next year’s award.  Mike Hobbs handed Ben a check for the first $100.

The President then called Amy to the podium to receive her new member sponsor pin for bringing Cynthia into our midst.  In an unprecedented move Eric then welcomed Duncan Chisholm into the Club without ceremony.  Duncan will be inducted sometime in the future and will count as a Bemis recruit.  I have no clue as to his status until that occurs.  I guess we should just be nice to Duncan when we see him.  Brock then reported that he is close to finalizing the results of the Golf Tournament.  Anyone with any outstanding expense should report it to him immediately or consider it a donation.  The final net number will be between $4,000 and $5,000.  A fine job by Brock!  B.T. Bowler and Associates then joined Karl Chevrolet as a full year Rotary event sponsor with the submission of a $3,000 check.  Thank you B.T.  Valerie and Ben explained that this year’s wine and cheese event was not as well attended as last year’s and that the two Carriage Barn directors were leaving.  In light of these facts they requested feedback on whether or not we should continue the event and, if so, any changes that people might suggest.  The net for this year is expected to be in the $1,000 range.

Exchange maven Ann then announced that our short-term in-coming exchange student from Madrid is arriving shortly to spend four weeks with the Murray family here in New Canaan before returning and hosting Caleigh Murray for four weeks in Madrid.  Rucci the Younger has stepped up as one of the host families for long-term in-coming exchange student Rikke Sten Holst from Denmark for the coming academic year.  Great work by John Marlow, Ann and Alex to make this all happen.  Many thanks to David and Bar and we still need two more host families for three months each.  Sergeant Scott then treaded close to the line with a joke.  Dr. John volunteered a follow-up joke in an attempt to bail Scott out.  Didn’t work.  No notable fines.

Before calling on Bill Walbert, Eric issued a blanket statement of appreciation to all the members who have stepped up to leadership positions and those who have provided the muscle to accomplish all the tasks that need to be done in order to have a successful year.  Those encomiums were well deserved, but it should be noted that one of life’s great truisms is that LEADERSHIP MATTERS and Eric has been a most effective and congenial leader.  Bill then revealed that he and Long Tall Steve in the middle of a thorny auditing meeting [one can only imagine] had come up with the idea for a NC Rotary Club Road Trip.  He asked for a show of hands to determine potential interest in a September Thursday/Friday fly fishing expedition to the Catskills for an all-in cost between $300 and $400.  Approximately a dozen members responded positively and Bill will take it from here and report back as plans firm up.  Before Eric rang the bell for the last time he reminded everyone that we are very close to our Every Rotarian Every Year goal of $100 to the Foundation from every member.  Should you be unclear about your status contact John Bemis at jbemis@bmarkits.com.Then, with a tear in his eye, he rang the bell to dismiss the audience for the final time.

The Lame Duck

Russell Hampton
National Awards Services Inc.
Sage