Treasurer’s Message

Shawn Welch

PORAC Treasurer

Over half the year has passed, and 2021 has proven to be just as crazy as 2020. COVID is in the news every day, the stock market is up and down with the sunrise and sunset and PORAC is fighting for all law enforcement officers in California on a daily basis.

This month, the Budget Committee will be submitting a recommended budget to the full PORAC Board for 2022. The budget captures the following: revenue expectations from membership, Conference/seminars, PORAC Law Enforcement News and investment income. The good news is that revenue is up. Secondly, the budget covers our projected expenses for 2022. With the amount of work PORAC is doing, our expenses are also going up. The Budget Committee met in June and worked tirelessly to come up with a reasonable budget that will allow PORAC to continue to protect our members from whatever comes in 2022. During the annual Conference, I will present the budget to the members, and hopefully I won’t bore you to death.

Over the past couple of months, I have been writing about association directors’ fiduciary responsibility and spending members’ money on Bitcoin and other cryptocurrency. On June 4, the Bitcoin 2021 Conference took place in Miami. It was a two-day event with dozens of “Bitcoin rich” people and celebrities talking about how great Bitcoin is and what great things it will do in the future for the common man and poor countries. Now, I will admit that I did not watch every speaker because I didn’t want to go crazy. But it reminded me of the Amway tapes from the 1980s (“I am rich from Amway, and if you do what I did, you too can be rich”). If you think about it, Elon Musk took millions of dollars and bought Bitcoin. Thus, if he can get 100,000 people to buy Bitcoin then he makes money. As if the conference wasn’t enough, there was also an online conference where attendees paid $249 to listen to several billionaires talk about how great Bitcoin is going to be for the world. 

As of July 20, Bitcoin is at $29,789.90, which is down more than 50% from its high in April of over $64,000. Just crazy.

Finally, I would like all law enforcement officers to protect each other. Please ensure that you are not taking unnecessary risks that could lead to internal or external complaints. If your partner needs to be sat down and talked to, then get a hold of your association leadership and pull them aside and talk with them. I truly don’t believe California law enforcement officers are intentionally making mistakes, but we are human and can get sidetracked from our goals as law enforcement officers. We joined this profession because something inside of us wanted to help the communities we serve.


Law Enforcement Code of Ethics

As a law enforcement officer, my fundamental duty is to serve; to safeguard lives and property; to protect the innocent against deception, the weak against oppression or intimidation, and the peaceful against violence or disorder; and to respect the constitutional rights of all to liberty, equality and justice.

I will keep my private life unsullied as an example to all; maintain courageous calm in the face of danger, scorn or ridicule; develop self-restraint; and be constantly mindful of the welfare of others. Honest in thought and deed in both my personal and official life, I will be exemplary in obeying the laws of the land and the regulations of my department. Whatever I see or hear of a confidential nature or that is confided to me in my official capacity will be kept ever secret unless revelation is necessary in the performance of my duty.

I will never act officiously or permit personal feelings, prejudices, animosities or friendships to influence my decisions. With no compromise for crime and with relentless prosecution of criminals, I will enforce the law courteously and appropriately without fear or favor, malice or ill will, never employing unnecessary force or violence and never accepting gratuities.

I recognize the badge of my office as a symbol of public faith, and I accept it as a public trust to be held so long as I am true to the ethics of the police service. I will constantly strive to achieve these objectives and ideals, dedicating myself before God to my chosen profession … law enforcement.