June 14, 2004


Comments

 
 
 
  • GLAD THAT YOU REMINDED US OF HIS ACCOMPLISHMENTS.
    Anonymous
     
     
     
  • Those were important accomplishments, and the Callahan team (Ed, Bucky, Chip) transformed the agency and made it more responsive. In another important first, President Reagan also appointed the first CU executive ever to serve on the NCUAB.
    Anonymous
     
     
     
  • Callahan is among the architects of the NCUA culture of contempt for federal law as proven by the 1998 US Supreme Court ruling against the NCUA sponsored multi-SEG expansion scheme. This ongoing NCUA contempt has polarized the credit union movement creating the current gulf between large and small credit unions. It has empowered the growth of conglomerate credit unions in large part by allowing them to dine on the members of smaller credit unions which remain true to their roots.
    Anonymous
     
     
     
  • Thank you for enlightening me about this time in our history.
    Anonymous
     
     
     
  • Thank you for reminding us of these significant changes in our industry.
    Anonymous
     
     
     
  • Thank you for reminding us of these significant changes in our industry.
    Anonymous
     
     
     
  • You give NO direct indication of what Reagan thought about credit unions. Banks use th following Reagan quote: "in an economy based on free markt principles, the tax system should not provide a competitive advantage for particular commercial enterprises. These arguments apply with particular force to large credit unions." Ronald Reagan: The President's tax proposals to Congress for Fairness, Growth and Simplicity, May 1985.
    Anonymous
     
     
     
  • Reagan's administration also tried to get credit unions taxed.
    Anonymous
     
     
     
  • His great work continues.
    Anonymous