Albert Einstein And NCUA's Risk-Based Capital...

Talk about a "bad hair day"...!!

It is not too much of an exaggeration to say that Albert Einstein's name is synonymous with high intelligence - all across the world. 

The famous mathematician, the father of The Theory of Relativity was uniquely able to discern the underlying logic, to find the underlying "patterns" in even the most complex of subjects - like the universe for example!

Far out!

Einstein often observed that those "patterns" in life have always existed and that discovering those "secrets" is often simply a matter of "stepping back from the problem" so that one can more clearly see the "bigger picture". Much like an Impressionist painting, it is easier "to connect the dots" the farther back you stand!

Just flat out wrong...

Another observation was that quite often to solve a problem, we must overcome what we've been taught, what we believe, "what we know to be true" - which is very difficult to do.  But, "stuff does happen" and it's a fact that the earth has never been flat and that the sun has never revolved around our planet - despite "what everybody knew to be true" for many centuries.

About our lack of understanding and human misconceptions, Einstein is often quoted as saying:

  

"If at first an idea isn't absurd, there is no hope for it."

Brilliant thought, isn't it, in it's analytical simplicity and truth! 

Let's check NCUA's RBC idea against Einstein's wisdom...

✅ At first RBC was an absurd idea - YES!

✅ There is no hope for RBC - YES!

Yes!!
Very Robust!
... even for the
NCUA!!

IPSO FACTO RBC IS DEFINITELY 

AN ABSURDLY "ROBUST" IDEA  !! 

(.... RELATIVELY SPEAKING!!)




HOW 'YA DOING ON YOUR 450-PAGE READ???
WHAT'S GOING TO HAPPEN IF NOBODY READS IT???