The NCUA Budget is nothing more than modern day taxation without representation.
Maybe credit unions should consider reducing what they pay to the Trades as an offset to NCUA taxes? Willing to bet the Trades would become more vocal?
You got to admit the pig at least looks better with the lipstick. The RBC rule will have more changes than Carter has pills. It will be the majesty's attempt to placate the industry by throwing them a few bones. Changes in the weights, longer implementation time, action by the board and not an examiner, etc. The real questions that will need to be answered are, is the rule really needed and do they really have the authority to do it? As Piggly Wiggly once said, "Here's mud in your eye".
7 comments:
Trust CUNA and NAFCU to be weak on fighting the new RBC. Both pontificate on minor matters, no fight at all,
See CUT story on CUNA "action" on NCUA bloated budget. Pitiful bad news bears.
The NCUA Budget is nothing more than modern day taxation without representation.
Maybe credit unions should consider reducing what they pay to the Trades as an offset to NCUA taxes? Willing to bet the Trades would become more vocal?
Last one out at CUNA is a rotten egg!
Don't ferget to turn out the lights.
Don't worry about the lights, the power is already off.
You got to admit the pig at least looks better with the lipstick. The RBC rule will have more changes than Carter has pills. It will be the majesty's attempt to placate the industry by throwing them a few bones. Changes in the weights, longer implementation time, action by the board and not an examiner, etc. The real questions that will need to be answered are, is the rule really needed and do they really have the authority to do it? As Piggly Wiggly once said, "Here's mud in your eye".
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