[Watchdogs] Welcome, yearly Christmas Parties

[Milton Hawkins]

Paul,

 

We shouldn't forget the $19,218.75 we owner/members paid the Hilton Austin,
shown under the category "A & G  Emp Pension & Benefits" in the invoices for
September 2008, and reported in the Board Package for the 17 November 2008
Board meeting.  I believe that was what we had to pay for canceling the
Christmas Party planned for that venue that year.  If it cost us almost
$20,000 just to cancel that shindig, can you imagine what it would have cost
had it actually been held!

 

The same set of invoices shows a payment to the Horseshoe Bay Resort
Marriott of $17,702.44.  I've forgotten what that was for.  Probably more
training, don't you imagine.

 

I really do hope that our new Board is looking at all these expenses and
seeing where it can exert some control.  Given the fact that we owe well
over $600 million, it would seem that a little economizing is in order.

 

Thanks for keeping the focus on expenses, Paul.

 

Milton

 

Milton Hawkins    mhawkins at tstar.net     830-868-9075

 

---------- Forwarded message ----------
From: Paul Langston <langston at zeecon.com>
Date: Tue, Jul 7, 2009 at 5:43 AM
Subject: Re: [Watchdogs] Welcome, yearly Christmas Parties
To: Andra Jacoby <gopheraj at wildblue.net>, PEC Watchdogs
<Watchdogs at pec4u.org>


Dear Andra:  I heard about the PEC Christmas parties about three years ago.
They were mostly held in San Antonio, recently in Austin.
I was chatting with a lady in the Accounting Dept of PEC and I asked her
about the recent Christmas Party.
She went hysterical on me.....She screamed, " I caint tell you anything
about that".  "You will have to call Bennie, no, I mean, you will have to
write a letter to Benny".  Her supervisor came on the line and told me to
get lost.
I had not heard anything about the annual pic-niks.  Surely, they were not
held out of town and out of sight and off the books, too.
Considering the hundreds of thousand of Dollars spent by Benny Jr. and the
Board on far-a-way trips to Jackson Hole, New Orleans, Las Vegas, New
Hampshire and San Antonio, all hidden, not reported, the few bucks spent on
the working folks is  pretty Picayune by comparison.

I just have to wonder just how far this deception reaches.  Can we really
believe the annual reports that come out replete with glowing figures and
gleaming prospects.  Do we believe anything that PEC puts out?  Just a load
of hog-wash?  They have never been audited.  I expect the new Auditing
Company to be hopelessly bogged down at least until next year.

You could really favor me with some details on those Christmas trips to San
Antonio or Austin.  My agents told me that the Brass put up at the
Singletree Hotel in Austin but most of the working folks and their families
had to do with  less.

Andra, I have been down but not out.  Keep swinging.  Best Regards, Paul

----- Original Message ----- From: "Andra Jacoby" <gopheraj at wildblue.net>
To: "Paul Langston" <langston at zeecon.com>
Cc: "Larry Landaker" <larry.landaker at gmail.com>; "Kathy Scanlon"
<kathy at planningworks.biz>; "Patrick Cox" <patrickcox7 at gmail.com>; "O. C.
Harmon" <och44 at verizon.net>; "James Williams" <fromthisdesk at yahoo.com>;
"Renee Oelschleger" <renee.oelschleger at peci.com>; "PEC Watchdogs"
<Watchdogs at PEC4u.org>; "Christi Clement" <clemooore at gmail.com>
Sent: Sunday, July 05, 2009 7:40 PM
Subject: Re: [Watchdogs] Welcome



What Christmas party OR the summer picnic each year has been accounted
for the right way? They KNOW there is a Christmas party and picnic each
year so the basic accounting principles say it should be budgeted for
and shown. Are they? or are they divvied up and spread out among office
supplies etc to hide the total costs and if so, why?



Paul Langston wrote:

Welcome to all the newly elected Directors.

The job you have in front of you reminds me of the Fifth Labor of
Hercules.  Hercules was ordered to clean the Augean Stables.  10,000
cattle dropping of ten years, only one day to do it.  Hercules damned
up two rivers, ran the combined streams thru the stables and cleaned
them in one day.  ( Edith Hamlton)

Too bad you do not have two rivers to dam, divert and run right thru
Johnson  City.

I see Pedernales Electric Coop, inc. as a bankrupt company.  Bankrupt
for many years.

You cannot pay your debts.  The debt of the Patronage Capital,
$164,469,491 at the end of 2005, would force most commercial companies
into Bankrupsy but here at PEC, it is only mentioned once a year, in
passing.  Fuelburg and his faithful crew simply ignored the debt and
it just keeps growing.

There doesn't seem to be any accounting.  Again, Fuelburg seemed to
simply use the books to hide costs.  Example:  The PEC Christmas Party
of December 2007 was held  in Austin, Texas, far away from PEC
territory. Everyone keep it as secret as possible.  My observers in
Austin said that the top brass put up in Austin's finest hotels and
the working folks put in Motel 6 type digs.  I defy you to find out
what PEC paid out on that Party.  The accounting of that party is
scattered and most likely will never be accumulated or charged correctly.

Do not hold your breath for the new Auditors to finish the audit for
2008.  Another Augean stable.  My opinion is that PEC has never had an
Audit in the entire history.

For you new Directors, if you are going to earn your salt, you are
going to become the most dis-liked group of "cusses" in town.  You are
going to have to swing a mean ax and make heads roll.  You are looking
at having to cut out at least 30% of the overhead of PEC.  Every hand
will be raised against you   or   you are not performing your job.

The dullest little boy can point out numerous wastes, excessive
expenses, large wastes, Every item of PEC bears a hard look and severe
changes.  So, do it.

That is, unless you come into the fray with a desire to be well-liked,
a  friend of everyone, a likeable pal of anybody who comes thru the
door.  That was Bennie Fuelburg Jr. and his crew.

Please stop the outflow of  Bennie's Charities.  Correctly class the
millions of dollars of  uncollectible electric bills as charity, not
operating expenses.  Account for all money flowing out as "Charity"
and all the unreported expense money associated with these gifts.

Good luck.  I assume that  there will be large crowds, out throwing
rocksI  at you if you do your job.

Regards, Paul Langston     830-598-1322 , Dist five.



-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://103.greenbuilder.com/pipermail/watchdogs/attachments/20090707/67b621e9/attachment.html>