As someone who attended the GBM and heard what Sean O'Kane had to say (and also knowing Sean personally) I happen to trust the so called PC explanation. We had a choice for a smaller dues increase, but the delegates voted for the $40 increase. Nope, I am not thrilled, but then I don't care for how expensive anything is anymore. People can spin this anyway they want to, but it was voted on and passed (wasn't just something the officers decided to do).
BTW, I abstained since my club did not authorize me to vote for either of the two choices.