Townhall Meeting - Should CUs receive TARP money?

We were asked yesterday on the blog post below, "Is there anywhere we can tell CUNA, NAFCU or NCUA that we in the trenches think it's a bad idea and would like see if we can find a solution on our own?" Here's what got it started:

Welcome to CUSoapbox Bank- We're getting in line for bailout money!

by Ron Daly 

You heard it here first, ladies and gentlemen. CUSoapbox - which stands, of course, for "Credit Union Soapbox - has become its own BANK. 

Banks, we've decided, are great. We've decided this because we know that four insurers are buying up banks to get access to bailout funds. Yes, it's just that easy to get hold of a slice of the $700 Billion pie. What's even more impressive is that a cluster of funds this large comes with loopholes. 

To read the rest of the post that started it all, go to our post from November 17 by clicking here.

We couldn't find a way to let the CU organizations know our feelings on the matter, so we created one of our own. Want to be heard? Now's your chance. Tell the "higher-ups" in Washington what you think about credit unions being a part of the bailout. This is your chance to stand on the soapbox and be heard. 

Put your remarks into the comment section below. 

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