"The Tao" is the way and the path, the yin-yang of wholeness and completeness, the natural order of the universe.
"I have just three things to teach: simplicity, patience, compassion. These three are your greatest treasures."
- Lao Tzu
The Agency is being hauled up before a Congressional committee because NCUA lacks tao in its conduct, leadership, and trust.
How can Congress restore tao at the NCUA? By restoring...
- Transparency
- Accountability
- Oversight
... should be an interesting afternoon at the hearing today !!!!
TAO !! CHIAO !!
[expect some bow-wow !]
Transparency - Accountability - Oversight
[expect some bow-wow !]
Transparency - Accountability - Oversight
5 comments:
What NCUA needs is LCR to be exercised by the Chair.
Leadership
Cooperation
Respect
What are the chances? Ever hear the expression "Cold Day In Hell"?
The move today to reduce the budget, seems indicate that they are reading the JBOCU Blog site. This move give Matz the ability to testify tomorrow that they are TAO! Providing this as an example of NCUA's stewardship will provide cover to committee members who support Ms. Matz.
Speaking of a bone for the dog, how about a $1.3 million dollar reduction of the NCUA budget being announced the day Ms Matz is to appear before Congress. Talk of convenient timing.
Why do they always ask the perp. to give congress their one-sided story. How about congress asking some folks about the other side of the story? Don't these folks have kids? You NEVER believe the first kid's story without the input from the other kid... then something coming close to truth is disclosed.
I especially loved the part about the industry being on "the brink of collapse"... too bad she didn't detail NCUA's part in that collapse! By my reckoning, NCUA was 100% responsible.
Just like they are responsible for cu's losing hundreds of millions in lost income (and from actual forced sales) by forcing cu's to only own short term investments for the last 6 years!
The biggest risk to cu's is NCUA! More damage done by them than IRR ever has or will!
Self serving Crazy Talk! Priceless!
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