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Pacifica's KPFA funded defense of the WBAI takeover...

I bring up this old thread so we do not have to tell the history again.

I see that there is a vote going on to change/replace the Pacifica and Pacifica Foundation. I am asking because I have enjoyed the years long discussions about WBAI and Pacifica here on RadioDiscussions.com

Here is the info that I found online:

 
LOL ... I know, but it is like watching a train wreck. I cannot look away.

This is how anarchists deal with rules. They keep changing them until no one knows what they are any more.

I was curious about the status of the $3 million loan the Foundation took out for the ESB lawsuit. Here it is:


Several weeks ago FJC extended the loan, which was due on April 2, for another eighteen months on the condition that a percentage of bequests left to the network be used to pay down the principal somewhat. Nevertheless, the New Day Pacifica website still says, “Pacifica has no money to pay a $3.2 million loan payment due April 2021; we could lose Pacifica’s last three buildings as a result.” This is a scare tactic that should have been edited off their website as soon as the loan was extended in mid-March. It actually should have been edited earlier when the lender indicated that it was willing to extend the loan.

So at the very moment that the loan is due, that's when the counter-revolutionaries want to replace the by-laws.
 
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