This is an industry that needs capital reform?

first_imgThe single biggest shortcoming of NCUA’s pitch for its risk-based capital proposal is its unwillingness or inability to articulate why it feels reform is necessary at this time.I know, I know; some credit unions made bad investments, some made bad loans and these incompetent malcontents did this — or so NCUA believes — despite the clairvoyant predictions of doom by well-meaning examiners, who like the stars of those 1970’s disaster movies, were powerless to prevent the imminent calamity. If only Jack Lemon were alive he could play an NCUA examiner predicting that the whole industry was about to blow up.Leaving aside NCUA’s somewhat self-serving view of history (were examiners really telling corporate credit unions they were headed for disaster and telling natural person credit unions that their corporate capital was at risk and I just missed the memo?), these are hardly the type of systemic problems that justify imposing system wide constraints on an industry. As the latest summary of credit union performance results shows, this is hardly an industry that has a capital problem — instead it is an industry making commonsense decisions given the economic environment in which it finds itself.No doubt Chairman Matz had NCUA’s RBC proposal on her mind when she lead off NCUA’s press release summarizing the latest credit union quarterly results by commenting “The continued growth in credit union lending and gains in membership during the first quarter are positive signs . . . Investing in people and communities will produce dividends for credit unions in many respects, but the higher interest rate environment of late 2013 and the first quarter of 2014 slowed mortgage originations. To protect the Share Insurance Fund, NCUA continues to closely monitor the risks posed by rising interest rates, long-term investments and fixed-rate mortgages.” continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Valuers: gird yourselves for a tough 2007

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Airgas debuts new gas stream purity monitors

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Key Trump surrogates once led fight vs. WikiLeaks and Assange

first_imgKey Trump surrogates once led fight vs. WikiLeaks and Assange Author: CBS News Do you see a typo or an error? Let us know. (CBS) — President-elect Trump cast doubt on Twitter Wednesday about the U.S. intelligence community’s assessment that Russia was behind the hacking of Hillary Clinton’s presidential campaign and the Democratic National Committee. In doing so, Mr. Trump appeared to side with WikiLeaks founder Julian Assange, who asserts Russia didn’t give his group the hacked Democratic emails that shook up the 2016 election.But back in 2010, when WikiLeaks first came to prominence after the massive leak by Army intelligence analyst Chelsea Manning, several people who are now notable Trump surrogates led the charge against the organization and its controversial leader. They called Assange, among other things, a “handmaiden of terror” and “enemy combatant” with “blood on his hands.”Those surrogates include Rep. Peter King, of New York, a member of the House Permanent Select Committee on Intelligence, former CIA Director James Woolsey, former House Speaker Newt Gingrich, and former Alaska Governor and Republican vice presidential candidate Sarah Palin. Even Mr. Trump himself weighed in on Assange in 2010, saying, “I think it’s disgraceful. I think there should be like death penalty or something,” in video uncovered by shown on CNN’s KFile on Wednesday.“This person should be pursued,” King declared in a November 2010 Fox News interview. “Assange is absolutely guilty. He does have blood on his hands. And the fact is that there should be much more outrage.”“They are aiding and abetting terrorist organizations. They are providing the weapons to terrorist organizations, giving them information which they can use to kill Americans,” King said of WikiLeaks, adding, “Because they are accessories to a terrorist organization, we should declare them a terrorist organization.”In December that same year, Rep. King introduced a bill targeting WikiLeaks.“I consider Mr. Assange a handmaiden of terror. And he definitely has blood on his hands as far as I’m concerned,” said former CIA Director James Woolsey, now a Trump national security adviser and media surrogate, in a November 2010 MSNBC interview.Contrast that to his response Wednesday when asked about Mr. Trump’s citing of Julian Assange. “I don’t know what Julian Assange knows,” Woolsey said. “This really ought to be a situation in which we get at the facts and understand them before we start making judgments, it seems to me.” Another vocal Trump surrogate, Gingrich, commented on the issue seven years ago. “Information warfare is warfare, and Julian Assange is engaged in warfare. Information terrorism, which leads to people getting killed, is terrorism, and Julian Assange is engaged in terrorism,” he said in a December 2010 Fox interview. He concluded that Assange “should be treated as an enemy combatant. WikiLeaks should be closed down permanently and decisively.”Palin once condemned Assange in 2010 as an “anti-American operative with blood on his hands” after WikiLeaks published leaked emails of hers.But she did a complete 180 Tuesday, telling Assange she’s sorry, tweeting,”To Julian Assange: I apologize.”Elaborating in a Facebook post, Palin wrote, “I apologize for condemning Assange when he published my infamous (and proven noncontroversial, relatively boring) emails years ago,” and thanked him for exposing Democrats.center_img Published: January 5, 2017 5:19 AM EST Updated: January 5, 2017 5:21 AM EST SHARElast_img read more

UWF Stars in GSC Fall All-Academic Teams

first_imgUWF Stars in GSC Fall All-Academic Teams Share BIRMINGHAM, Ala. – The University of West Florida placed seven student-athletes on the Gulf South Conference 2008 Fall All-Academic teams, it was announced on Tuesday.  The UWF women’s soccer team led the way with four selections, while men’s cross country, men’s soccer, and volleyball each had one honoree.Sheka Codner (Dover, Del./Ceaser Rodney HS) and Courtney Jones (Panama City, Fla./Bay HS) of the Argonauts women’s soccer team each earned their second selection to the GSC All-Academic Team. Jones led all Argonaut selections with her 3.83 GPA, followed by Codner’s 3.64 GPA.  First time selections include midfielder Marcela Franco (Sao Paulo, Brazil/Colegio Visconde de Porto Seguro) and defender Kaley Morris (Gulf Breeze, Fla./Gulf Breeze HS).  All-GSC first team selection Rafael Segal (Rishon Lezion, Israel/Mercer County CC) represented the men’s soccer team with his 3.33 GPA in International Relations.Sophomore Andrew Maedel (Orange Park, Fla./Ridgeview HS) earned the selection for the men’s cross country team, sporting a 3.52 GPA in Business Administration.  Maedel was the top UWF runner at three different meets in the 2008 season, including a 23rd place finish at the GSC Championships, leading the Argos to a 5th place team finish.  The sophomore was one of two underclassmen selected to the All-Academic Team for men’s cross country.Senior Jerica Carter (Gainesville, Fla./Gainesville HS) of the UWF volleyball team rounds out her four year career at West Florida with a GSC All-Academic Team selection, representing the East Division. Carter, an Elementary Education major, holds a 3.70 GPA after playing a vital role in the success of West Florida volleyball. The defensive specialist holds both the single-season (569) and career (1,706) records in digs.  This season, Carter was again the team’s dig leader, tallying 415 over the course 39 matches. She also provided consistency through her serving game, serving for as many as 14 consecutive points in a single set.  This accolade marks Carter’s first time on the All-Academic Team.The GSC Fall Academic Honor Roll was also announced, with 36 total UWF student-athletes making the grade.  Women’s soccer had 14 honor roll members, followed by volleyball with nine, men’s soccer with six, women’s cross country with four, and men’s cross country with three.  To qualify for the honor roll, student-athletes must have a cumulative GPA of 3.0 or higher and must compete as a member of the team.Academic All-GSC Teams are selected by the Gulf South Conference Sports Information Directors (SIDs) and Faculty Athletic Representatives (FARs) in a joint vote. Nominees must have an overall grade point average (G.P.A.) of 3.20 or better on a 4.00 scale for their entire academic career and may not be freshmen or first-semester or quarter transfers. The student-athlete must be a significant contributor to the squad. Other factors include leadership, community service and extra-curricular activities. SIDs and FARs are not allowed to vote for their own student-athletes. The number of student-athletes selected in each sport is determined by the number of positions normally involved in the playing of that sport. Ties are not broken.GSC Fall All-Academic TeamsGSC Fall Academic Honor RollUWF Honor Roll MembersName, School YR GPA MajorMen’s Cross Country:Tyler Bowman, West Florida FR 3.54 Computer EngineeringAndrew Maedel, West Florida SO 3.52 Business AdministrationPeter Orgass, West Florida FR 3.08 Athletic TrainingWomen’s Cross Country:Shannon McDougall, West Florida SR 3.88 Comprehensive MarketingStacy Paton, West Florida FR 3.83 Criminal JusticeTaryn Pomerantz, West Florida FR 3.60 ArtRobin Thompson, West Florida FR 3.33 UndecidedMen’s Soccer:Curtis Brashear, West Florida SO 3.33 UndecidedDavid McNally, West Florida SO 3.02 Engineering PhysicsKian Mikhchi, West Florida FR 3.18 BusinessRafael Segal, West Florida SR 3.33 International RelationsMarquel Waldron, West Florida FR 3.15 AccountingPaul Willoughby, West Florida FR 3.75 Pre-MedWomen’s Soccer:Connie Boisseau, West Florida FR 3.43 UndecidedLauren Byrd, West Florida FR 3.71 Athletic TrainingSheka Codner, West Florida SR 3.64 Hospitality ManagementTori Fish, West Florida FR 3.18 UndecidedMarcela Franco, West Florida JR 3.59 Business FinanceCourtney Jones, West Florida JR 3.83 Athletic TrainingCourtney Kolloff, West Florida FR 3.00 UndecidedKristina Menendez, West Florida FR 3.77 UndecidedKaley Morris, West Florida JR 3.46 Pre-MedTaylor Murphy, West Florida JR 3.75 UndecidedNaila Owens, West Florida JR 3.24 PsychologyNoelle Robles, West Florida FR 3.70 UndecidedCholena Russo, West Florida FR 3.61 UndecidedJordan Stone, West Florida FR 3.43 Elementary EducationVolleyball:Valissia Brathwaite, West Florida JR 3.53 Physical EducationJerica Carter, West Florida SR 3.70 Elementary EducationPatricia Gandolfo, West Florida JR 3.10 AdvertisingMadeline Gonzalez, West Florida SR 3.16 Pre-Professional BiologyJessica Keroack, West Florida JR 3.92 PsychologyCalli Kovel, West Florida SR 3.72 Broadcast JournalismJamie Nichols, West Florida SO 3.50 MarketingMaddie Staub, West Florida FR 3.53 Athletic TrainingChelsea Wilhoite, West Florida SO 3.08 UndecidedPrint Friendly Versionlast_img read more