NCUA: Another Goodyear ?...

NEWS FLASH: 

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

NCUA TO ANNOUNCE ITS 2016 BUDGET 

"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...

FULLY INFLATED !!!

** b-l-i-m-p