The sad reality is Matz adamantly believes she is doing a good job as NCUA Chair. In her mind, critics just don’t understand the good she has done. A sadder reality, NCUA “management” thinks it knows better than the collective industry management what is best for the credit unions. NCUA actually thinks it, and not hard-working credit unions, led us back from the brink of the corporate CU crisis. We are supposed to overlook the fact that NCUA enabled the corporate failures costing the industry Billion$. The saddest reality in credit union land is we must endure Matz for at least another year, and no end in sight for real leadership change at NCUA.
This is the sad reality of the "Fatal poison of irresponsible power!" It lets the people holding the irresponsible power believe that they are doing a GOOD thing!
Can not say what makes Ms. Matz so disagreeable? However, NCUA staff is a different story. Pretty certain that most Examiners are pretty decent humans when the join NCUA, and truly wish to do a good job during their career. They succumb to the NCUA orthodoxy that does not allow for any thinking that is not inside the NCUA box. The fatal poison of irresponsible power takes hold of good people because of the NCUA has a system of rewards for strict adherence to the play book, and punishment for not thinking inside the NCUA Box. Many highly successful credit union leaders have come out of NCUA after they refused to drink the poison. The drones that stay at NCUA are the best bomb droppers!
25 comments:
And you wonder why Ms. Matz did not allow a second comment period?
One learns quickly not to have a divarication of opinion with Ms. Matz.
Masters don't even need to act like they're "listening".
First the verdict and then the trial!
Slaves, peasants, serfs and other former citizens of the Uber-Stat of D.C. - Duke St. region.
Irresponsible power means never having to listen, or admit when you are WRONG!
Guess something was lost on Ms. Matz with this being the 200th birthday of the words: "Home of the brave and land of the free!"
IRR - Infernal Reckless Regime.
Talk about a need for regime change; but the Big O still doesn't see the risk nor have a strategy for Matz Co.
Go down Moses way down in Egypt's Land. Tell old Pharaoh to let my people go!
We all know where Isis learned its tactics.
ISIS is to America, what Ms. Matz is to credit unions!
The IRR Caliphmatz?
Call The White House or the golf course
Some people have to be forced to be irresponsible with power. I don't think it took much to convert Ms. Matz!
Congress isn't blocking the Prez from taking action on the mess his chairman has created.
Coming soon the ncua captive video series.
Already have the videos with irresponsible terrorists - NCUA economists!
Pray for a Republican majority in Nov.
Pray for a Democratic resignation sooner - at least on D St..
Credit unions are paid up passengers on a regulatory Titanic
Her Majesty's Ship: HMS NCLU
The sad reality is Matz adamantly believes she is doing a good job as NCUA Chair. In her mind, critics just don’t understand the good she has done. A sadder reality, NCUA “management” thinks it knows better than the collective industry management what is best for the credit unions. NCUA actually thinks it, and not hard-working credit unions, led us back from the brink of the corporate CU crisis. We are supposed to overlook the fact that NCUA enabled the corporate failures costing the industry Billion$. The saddest reality in credit union land is we must endure Matz for at least another year, and no end in sight for real leadership change at NCUA.
This is the sad reality of the "Fatal poison of irresponsible power!" It lets the people holding the irresponsible power believe that they are doing a GOOD thing!
Can not say what makes Ms. Matz so disagreeable? However, NCUA staff is a different story. Pretty certain that most Examiners are pretty decent humans when the join NCUA, and truly wish to do a good job during their career. They succumb to the NCUA orthodoxy that does not allow for any thinking that is not inside the NCUA box. The fatal poison of irresponsible power takes hold of good people because of the NCUA has a system of rewards for strict adherence to the play book, and punishment for not thinking inside the NCUA Box. Many highly successful credit union leaders have come out of NCUA after they refused to drink the poison. The drones that stay at NCUA are the best bomb droppers!
You get the same result when you telephone the White House, the golf course or the Credit Union Trade Associations!
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