Maureen Dowd is a Pulitzer Prize winning journalist for the New York Times (NYT). Look what she had to say a few weeks back:
"... a wild west statute where things are getting filled in underneath with a haphazard application of the regulatory process."
Had Ms. Dowd gotten wind of NCUA's new risk-
based capital rule (RBC)... the inconsistency of thought, the mind-boggling missteps, the lapses in rationality, the illusory grip on reality, and the delusional overreach??
2 comments:
Actually Jim, it might produce more sound, realistic, understandable and effective regulations if the NCUA staff was allowed to let a little weed help in their analysis.
After all, we know your daily dose of reality doesn't come from the prune juice you drink in the morning.
Well yes, prunes do tend to make me anxious.
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