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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
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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
 
2015.06.04 New Canaan Rotary Club Bulletin
New Canaan Rotary Club Bulletin June 4, 2015
 
With only 21 days remaining before President Eric fades from the weekly spotlight he once again substituted a bitter editorial excoriating both recalcitrant Sunday morning parishioners and local Rotarians who choose fair weather activities over their ecclesiastical and service duties as the calendar moves to June for the more traditional prayer. In spite of the negative energy resulting from this blistering “grace” the meeting moved forward in the knowledge that those present, by dint of their attendance, were not included in Eric’s indictment.
 
Following another tasty repast Eric called for the introduction of Visiting Rotarians and guests. There were none of the former and only one guest, for the third time, Methodist parishioner Duncan Chisholm late of Corpus Christie, Texas.
 
For the third consecutive week our esteemed President entreated the 50% of the membership who have yet to RSVP for the Installation Dinner on the evening of June 25 at the Roger with cocktails commencing at 6:00 followed by dinner at 7:00 to email him ASAP. In spite of all-caps highlights in previous numbers of the Bulletin, Chris Snyder appeared totally oblivious of any previous request for this information. Very well. We will try one more time. Stop whatever you are currently doing [I am going to take a flier that you are reading the Bulletin], call up your device’s new email function, enter efedal@snet.net in the address block, and tell Eric whether you will or will not attend and that you will or will not be accompanied by a plus-one. Press send. One more try. DO IT NOW!!!! With only three weeks to go Eric understands that the membership takes its responsibility to torture the leader seriously. He needs no further evidence. Give the poor man a small measure of support as he staggers to the finish [NOW!!!!].
 
Rotary Foundation Officer, soon to be the designated torturee, John Bemis rose to entreat those members who have overlooked the opportunity to contribute $100 to the Foundation in an effort to make our Club an Every Rotarian Every Year [EREY] Club to correct that oversight and send along a check before the R.I. fiscal year ends.
 
Valerie reminded everyone that our annual Wine and Cheese event, this year with the addition of beer, will occur on June 11 at the Carriage Arts Barn featuring the Va Va Vroom exhibit so dear to Leo’s heart for the bargain rate of a paltry $35 per ducat. President Eric then, in Ben’s absence, passed on the unwelcome news that Ben has threatened that if you don’t attend he will “hunt you down and kick your ass!” Does this pass the Four Way Test?
 
B.T. reported that the recent Rotary Means Business meeting at the lavish new Westport YMCA building’s Rotary Pavilion was well attended and very enjoyable. The concept is still developing, but it his conviction that Rotarians actively networking with Rotarians will eventually result in new business for the participants with the added benefit that the new customers will be highly principled business men and women. Give it a try.
 
John Marlow reminded us that we have committed to hosting a long term incoming International Rotary Exchange Student for the 2015-2016 academic year and that we still need host families. Ideally he would like three families with NCHS students, preferably at least one female, for three month commitments. Rikke Sten Holst is an 18 year old female from Denmark. Ann Cheney and Alex Gontcharov are working with John and Ann gave a quick report on attending a District function with our Spain-bound outgoing short term student, Caleigh Murray and her mom, which Ann found enlightening and enjoyable.
 
Keith was able to report that the dictionaries have finally been distributed to all New Canaan third graders. He continues to be impressed with the enthusiasm and gratitude with which these books are received and heartily recommends the continuation of the program in future years. Great effort by Keith.
 
Demonstrating that he is not a fast learner President Eric then called on B.T. to tell a joke in a guest Sergeant role [Was this a subtle slap in the face to Corporal Risbridger who was passed over though present?]. The result was predictable and B.T. moved through a largely silent crowd with his alms basket extended. Mike Hobbs had a happy for a wonderful NC Library Conversations With Business Leaders performance by legendary Fortune Magazine business journalist and editor of Warren Buffet’s annual shareholder letter Carol Loomis; John K was happy he and Faith attended, and were still recovering from, a lovely Friendship Dinner hosted by Leo and Janet at which incoming President John Bemis and First Lady Nancy were thoroughly vetted and pronounced ready to rule; and Valerie had an emotional dollar for having stood on the Freedom Tower Observation Deck.
 
Program Chair Ken then introduced serial NC building committee junkie and Saxe Auditorium Building Committee-morphed-into-Saxe Middle School Building Committee Member Jim Beall. Jim is one of the town’s most generous and effective citizens and he explained how and why the Committee was formed and the process they have gone through to get where they are now. They have recommended and the Board of Education, Board of Finance and the Town Council have approved the expenditure of $750,000 for design and pre-construction work for 12 new classrooms, a renovated auditorium with added storage, and a 2.700 square foot music facility. The Committee which includes Rotarians Campbell and Walbert has expended a huge amount of time and energy getting to this point and have many hurdles yet to clear before any actual work can take place. Note: The PCB remediation in the auditorium does not fall within their purview and will take place this summer when the building is empty. Thanks to Jim and the Committee for undertaking this thankless, but important task.
 
Robert Moses
 
 
 
 
 
 
 
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