Meeting notes from Monday 18th January, 2010

Items:

1. Should the Federal Government continue to subsidize Fannie Mae & Freddie Mac considering they have already received a $400 billion subsidy?
2. We have received from the HOA office three proposed changes in our operating rules and regulations for approval at the Board's meeting of January 25, 2010. What are your comments on the following items: a) fitness guest policy b) kitchen rules and procedures c) kiln room procedures.
3. Do you think President Obama's approach to using the International Atomic Energy Association (IAEA) as sanctions against Iran, in contrast to President Bush's approach for U.S. sanctions, is proper?

Notes:

1. There was considerable discussion about Fannie Mae and Freddie Mac with most in favor of continuing their existence, although nobody likes the unlimited amount of funds that will be pumped into them or the obscene amount of bonuses paid to top execs.
2. The discussion on the changes to the rules on kitchen and kiln usage were mainly common sense and the changes spelled out the rules in great detail. It was agreed that the use of the gym equipment should be restricted and all kids under 17. Health clubs have been enforcing an under 18 rule due to liability problems. Nobody likes the fact that there is a certain amount of abuse by a few individuals that make some of the fitness classes overcrowded because of the large number of guests that these individuals bring in. The use of the 50 passes was discussed and nobody was really sure that this would solve the problem.
3. The IAEA situation was discussed at length and I think that we all agreed that there is nothing we can do to stop Iran becoming a nuclear nation. We all know that the IAEA has no power and short of declaring war on Iran, we cannot stop them achieving their goals. Ben asked what right do we Americans have to dictate to sovereign nations what they can or cannot do. We would not allow it, so why should they.

The remaining items on the agenda were tabled for the next meeting on Feb 1st.