Wednesday, September 17, 2014

Robusterians: Foolish Granularitans ??...

Shifts and Shocks, Crash and Burn !!
Martin Wolf is an experienced, highly-respected, economic journalist for the Financial Times.  Mr. Wolf has recently published a book ("The Shifts and Shocks: What We've Learned - and Have Still to Learn - from the Financial Crisis") which explores many of the financial and regulatory mis-steps which led to the global recession.

In commenting on the book (FT - 9/4/2014), Wolf had this to say about the ineffectiveness of our - still very much alive and preening - gaggle of honking "robusterians":

Tuesday, September 16, 2014

The Coffee Break...

A Magic Wand Regulatory Exam !!
After a certain age, your doctor starts to suggest, in a persistent sort of way, that you schedule a procedure that many euphemistically describe as "an internal audit".  Personally, the more intrusive "regulatory exam" phrase seems a better analogy and a lot closer to the truth.

My time was at hand recently. "Prepping" for the
A "no-no"!!
procedure requires drinking a foul-tasting liquid which creates, shall we say, a liberating experience and you are required to stop eating. On the way to the appointment, early a.m.-next day, stopped for a cup of coffee to steady my nerves. 

At the scheduled time, a cheerful nurse was working through "20 questions" with me, when she asked if I had had anything to drink.  Told her I had considered it, but had just settled for a cup of coffee instead. She promptly informed me that food and liquids were prohibited on the day of the exam; and therefore, that cup of java meant a two hour delay.

She gave me that "you can try to argue with me, but you and I know it ain't gonna work look" (see just like a reg exam!); but, did offer to reschedule me for another day, which would, of course, require "re-prepping". Pondered that a couple of seconds, made a masterful, executive decision and graciously agreed to wait.

About three hours later, the nurse popped back out to say they were ready. As we walked to the back, she apologized for the unexpected extra delay. I said it wasn't a problem, because to pass the time I had just stepped out and around the corner to...

Monday, September 15, 2014

Needs No Second Comment...

F. Douglass

"The fatal poison of irresponsible power was already in her hands and soon commenced its infernal work."

- Frederick Douglass
"Narrative of the Life of Frederick Douglass,
An American Slave"

Sunday, September 14, 2014

"To The Land Of The Pines.... Nor - th Care - oh - line..."


"And if I die in Raleigh, 
at least I'll die free..."
(... and dreamin'!)

Saturday, September 13, 2014

Rants And Raves...

The Mitchell News-Journal
Better'n S.C. - promise!
*  Anyone know of a "self-help guide" to common sense?  I sure know quite a few local folks who could use a copy.

*  On T.V. a South Carolina politician said that people are born honest. The Scriptures say otherwise, but not all S.C. politicians can read yet.

*  All girls need to know how to use a chainsaw.

*  President Obama may take a lot of vacations, but don't you wish George Bush had taken a lot more?

*  Buying a smart phone definitely raised her IQ, but not enough.

And, as we head toward November...

Friday, September 12, 2014

The Cat's Me "Ow" !!! ....

Wait a minute, come back here!
What did you say?

" Never corner anything meaner than you are."

(Got that? It's very, very good advice!) 

Have a great weekend!

Thursday, September 11, 2014

Rants And Raves...

Mitchell News-Journal Country!
In "them thar hills"... 

*  You can't speak out for the "Right to Life" and be for the death penalty.

*  Why'd you raise our taxes by just 18%? I still got some left! Don't you want it all?

*  You'll never have to worry about making money if you do one of three things:  sell drugs, sell alcohol, or become a preacher.

*  Lost your hearing? Porter's Hearing Aid Center is offering a free clinic - call today for an appointment.

*  None of these psychic mediums have been proven to really talk to the dead.  Don't be naive.

*  Thanks for trimming back the shrubs at the Post Office.  Now I can see who I'm going to hit when I pull out in traffic.

And, this week's answer to all our problems...

Wednesday, September 10, 2014

An Appropriate Memorial ?.....

What does Siri say
about this?

It's pretty clear that the "driver-less car" will not be a new invention...

Why? Because it's awfully easy to get "zoned out" when commuting day-after-day along well-familiar, oft-traversed roadways.  Too many of us are already "zombie drivers" on automatic pilot every morning - "waking up" periodically to find that we've driven many miles totally unaware of the traffic and scenery passing us by. Sound about right? Been there, done that ?

Well, "awoke" one morning recently at a stoplight to find myself next to a pickup truck pulling a small trailer.  On the cab of the truck was one of those magnetic signs, advertising the man's business.  It read: 

Lashom's Monuments and Memorials
"Specializing in dual memorial markers"
Call 919-881-6000

Strapped on the trailer was a pair of....

Tuesday, September 09, 2014

NCUA: Another Goodyear ?...


What's a 5-letter word for "gasbag"?**

"We believe, having observed the rapidly shrinking number of credit unions year-after-year-after-year (for which we, of course (of course!), accept no responsibility), that switching our budgeting base to "overall credit union assets" will provide for a brighter future for the Agency and for credit unions too, of course (of course!)."

NCUA will begin
using drones !!
"Based upon the forecasts of our Office of the Chief Robustski, an asset-based budget will enable your Agency to continue to grow unchecked, as those larger and larger credit unions become riskier and riskier. The good news is that as those bothersome smaller credit unions continue to expire and our examiner force continues to expand; well, just imagine a credit union as a beehive and our examiners as the bees!!!  We've even come up with new code names for the problem case officers - "the stingers and the zingers !!" Pretty cool, heh? We will really be able to "test their stress" in the future!"

"Fifteen years from now, assuming robust growth at credit unions despite our best efforts, we can foresee over 5,000 somewhat qualified examiners harassing, managing, supervising less than 200 large and therefore very, very risky credit unions."
Drones, swarms of busy little bees,
perhaps even a Queen...!!!
(Like the analogy, don't you!

"This was one of the principal reasons we revoked the fixed asset limitation on credit unions; they're definitely going to need a whole lot more office space - for us!"

The official NCUA 2016 budget will be released in the very near future - so stay tuned!

But, you can be "d-sure" of one thing, it will be...

Monday, September 08, 2014

None Of Your Business...

Oh no! Not another book
on "managing change"... !
Y'know, folks who really don't know me well will, quite often, send me a book or something else to read.  "Something else to read" is definitely - for sure - not on my "bucket list" in life.  

But even worse, "the reading stuff" that folks send me, who know me well and who are not - shall we say - "my greatest admirers",  are always the latest, thin and fluffy, "7 Step" guru-guides to leadership and management.  I'd rather change innumerable bad diapers than read one more "b-book" in life - particularly since the content and immediate impact ("two fingers down the throat") are usually very similar.

Which brings me to Dan Berger and Anthony
D.C. Bookmakers!
Demangone, the leadership brain-trust over at NAFCU, who dropped by the other day to visit and to bring me "something else to read". You guessed it ! The reading material was a leadership and management book!!!!  

One which they had written...  !!!!