A vote for the future of our treasury *Updated*
Day 915, 01:05
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Published in Singapore 
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by
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by Tommy Aquinas
After the recent treasury debacle, it is time to decide how we are going to strucutre the access of funds for the future. Many people have put forth their opinions, so I'll try and summarise them all here, and then we can have a vote! I assume we are all agreed in changing the passwords and emails each month, only giving out passwords through in-game pms and having as strong a password as possible, and keeping transaction records. So in no particular order:
Option 1
Two people have access - President and independent auditor (Arbryn). No other orgs or treasury used.
Option 2
Two people have access - President and independent auditor (Arbryn). An emergency amount of 200 G and 2k SGD is kept in Singapore Holdings (Arbyn) in case of emergencies.
Option 3
President and independent auditor (Arbryn) has access to bank. All money for that months budget plus 10% is kept in SCB, the rest is donated to the treasury where it can only be voted out by congressmen. An emergency amount of 200 G and 1k SGD is kept in Singapore Holdings (Arbryn) in case of emergencies. On the 23rd, the treasury is moved to the SCB by congress vote to keep it safe until after the elections are safe, then it is donated back.
Option 4
President alone has access to SCB, but all our funds will be held in a second org, to which Arbryn only has access. Any funds the President needs will need to be requested from Arbryn, who would then donate them.
Option 5
Treasury spilt up into 3 orgs. One is where the majority of our funds are kept (accessed only by President). The second is for the operation funds for the money market (to be accessed by President, Vice-President and another senior player). The third one is for government budgets (President and other chosen citizens with access), which requests funds from the main fund bank when necessary.
Option 6
President decides who gets access, or to retain sole access.
*UPDATED* Option 7
President has sole access to SCB. At the begining of term, Pres requests his operating budget from the Treasury org (marshalled by Arbryn and Relorian). Any excess funds thereafter would need to be requested, and at the end of the term, any excess funding earned or not used is donated back to the treasury org.
On your marks, get set, VOTE!
Option 1
Two people have access - President and independent auditor (Arbryn). No other orgs or treasury used.
Option 2
Two people have access - President and independent auditor (Arbryn). An emergency amount of 200 G and 2k SGD is kept in Singapore Holdings (Arbyn) in case of emergencies.
Option 3
President and independent auditor (Arbryn) has access to bank. All money for that months budget plus 10% is kept in SCB, the rest is donated to the treasury where it can only be voted out by congressmen. An emergency amount of 200 G and 1k SGD is kept in Singapore Holdings (Arbryn) in case of emergencies. On the 23rd, the treasury is moved to the SCB by congress vote to keep it safe until after the elections are safe, then it is donated back.
Option 4
President alone has access to SCB, but all our funds will be held in a second org, to which Arbryn only has access. Any funds the President needs will need to be requested from Arbryn, who would then donate them.
Option 5
Treasury spilt up into 3 orgs. One is where the majority of our funds are kept (accessed only by President). The second is for the operation funds for the money market (to be accessed by President, Vice-President and another senior player). The third one is for government budgets (President and other chosen citizens with access), which requests funds from the main fund bank when necessary.
Option 6
President decides who gets access, or to retain sole access.
*UPDATED* Option 7
President has sole access to SCB. At the begining of term, Pres requests his operating budget from the Treasury org (marshalled by Arbryn and Relorian). Any excess funds thereafter would need to be requested, and at the end of the term, any excess funding earned or not used is donated back to the treasury org.
On your marks, get set, VOTE!
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Comments
My vote is for Option 2. It keeps things simple. As Arbyn is trusted, the President is accountable for the money, and we have an emergency fund in case something goes wrong. Also, if one person for one reason or another goes inactive, we don't lose access to the org as we have a backup.
Option 5.
I'd be fine with Option 1 as well.
If people are worried about too many hands being in the cookie jar, than Option 3 removes hands from the cookie jar altogether by putting the money in the national accounts where no one can touch it. The fact congress has to vote on funds would mean there would have to be a defined budget, but a negative would be it would slow down the process.
I disagree with Option 4 in that I feel it would slow down the process too much, and what if one of the persons went inactive? We'd have lost access to our funds. That is why in my view it is always best to have two people with access, one of whom is trustworthy.
Option 5 is an interesting one, but it probably unnecessarily complicates things.
Option 6 falls into the trap we currently have where too many people have access to the bank, and if something goes wrong, we don't have anyone to hold accountable.
option 7, give fruitcommando the monies
[removed]
Either option 2, or option 6.
I'd say option 2 seems the best
2
Option 6 tbh
If not then 5
option 6
#5
Arb doesnt want to be our bitch lol
let arb do arb
i gotcha arb
Ice. Arb is the one who came up with the plan to safeguard the funds. Move them into a bank only 1 person has access to (Someone I might point out has more gold in her businesses than eSingapore does total, removing all reason to steal) and then dole it back to the SCB as needed. This removes all temptations of future presidents or future people who somehow are givien the password to steal because there would be minimal funds that would be easy to spot if they go missing (again)
Option 3
So far, it looks like:
Option 2: 3
Option 6: 2
Option 5: 2
Option 3: 1
Option 5.
Cos it will be difficult for the govt to function if there is only 2 people accessing to the money.
The president not always in charge of finance- which incharge of the MM
Your need to think, is your choosen option far fetch? or isit too tied to be flexible for future presidents to use.
Option 2, keep it simples 🙂
Option 4, and we make Arbyn the Imperial Queen of eSG.
Option 2. I dont think it would be nice to keep troubling Arbyn. Besides, we should trust our President since we voted for him or her.
Option 2
My vote is for Option 3, though atm, it still appears cumbersome. As mentioned, the current plan requires congressional approval for every transaction. It can be improved by merging it with Option 5, in that you have two banks - one for holdings (with only the Pres and an independent arbitrator having access) and another for operations (with the Pres and selected members having access).
This reduces the bureaucracy/red-tape of option 3 and the complexity of option 5, while maintaining a functional balance between operations and security.
Someday you'll actually spell my name right .. that would be awesome.
Also Tommy you keep bringing up "if someone goes inactive". Such is the risk we already take on a monthly bases by whoever is voted president. This has never really proven to be any type of problem in any nation that I have noticed and I don't even see why this is being discussed with any real concern. The only incident I can recall in this regard was when the Philippines president couldn't access for like 4-5 days because they got hit with a Hurricane and lost power for a week. Its a rare situation where some RL accident or injury situations would make someone instantly vanish. Its a point worth discussing, but shouldn't be perceived as a deal breaker.
hehe Ice, ya I would want to cut the micromanagement to a minimal. It's usually not necessary and some of these options seem to be full of it. My initial options has low micromanagement and highest security of the options I think. It doesn't have to be me with access, we just don't know any better option for security. And the way things or going if we don't do something soon .. Theft will again happen due to laziness/negligence and next time it might not be so forgiving. How many times must we rebuild before we learn from past mistakes?
I have added Arbyrn's suggestion. I now think Option 7 is the best 🙂
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Some things that were discussed in a private chat I had with Tommy I should clear up.
I am essentially against any options that remove power from the president. Checks n balance systems are important, however the president not having the option to quickly make decisions in most matters would be detrimental. The president is elected and should have the means (funds) to conduct daily work and management of the government as elected without hassle or 2 day request delay for trivial subjects.
Having said that, it only requires xxx amount of funds to be able to operate as stated above. Not the full treasury. My suggestion would keep the excess portion of the treasury safe. If the president or anyone has a big project in mind that would need it. Or if they are losing so much funds quickly that the normal bank is not enough then it would bring a secondary check and balance system into effect to access the other funds.
Another thing Tommy asked me about, I did not mean his article was stupid or drama, only that certain subjects in it that are redundant or silly were, such as opening all our funds up for loss and giving other nations a real reason to actually attack us would do and also trying to appeal to every little request, however much duplicated or redundant it may be to the other options.
Simple is always better. The more simplified, often the more secure and less loopholes or room for error.
Oh and yeah to feather Tommy's worries about a single access individual (such as myself) potentially dying or whatever and everyone losing access to the reserves Org. I am willing to share access with Relorian. He has served Singapore well in it's best interest regardless of what people thought of him. He might be hated by some for being an ass perhaps. But he has worked possibly harder then anyone, including myself in the past 15 months for Singapore's well being. I have known him for over 8 years well before eRep and I fully and unconditionally trust him to not steal from Singapore and/or myself. There are very few people I can make that claim for in this game, and no others that are still involved in Singapore govt would I be as willing to step out on a limb for like that. Its nothing personal but it has served me well to not trust others so easily as many can have alternative motives.
switching to Option #7.
Honestly I think this is ridiculous. We can't whine about the past.
The president is the highest powered person in the country and always will be. The president is the one who makes the decisions the president is to make.
If it wasn't for the ex president's not doing what they should have done this wouldn't have happened. Unless it was a hacker, in which case it wouldn't change a thing.
The president is still the highest power and honestly, people that doesn't have any absolute power to make this decision shouldn't be able to make this decision.
The president is the one that should.