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Not good news for credit unions in Wisconsin.....

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a kennedy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-11 01:43 PM
Original message
Not good news for credit unions in Wisconsin.....

The Wisconsin Credit Union League did not get what it wanted from Gov. Scott Walker when he signed the budget bill Sunday: a veto.
Despite the league's pleas, Walker left intact in the bill language that streamlines the conversion of credit unions to banks in a process called direct conversion.
The credit union league had said the legislation too easily allows the conversion of member-owned credit unions to shareholder-owned banks. The league says the legislation is unnecessary and simply a Wisconsin Bankers Association attempt to kill credit unions.
The WBA aknowledges it has wanted the legislation for years but noted it was first put in a budget bill by a Democratically-controlled Assembly and Senate, then vetoed by former Gov. Jim Doyle.


Read more: http://www.journaltimes.com/news/local/article_8a88b278-a0e9-11e0-8520-001cc4c03286.html#ixzz1Qb7TKxcu
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hifiguy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-11 01:46 PM
Response to Original message
1. Wisconsin is going to be a smoking ruin
by the time Snotty Scotty is done.

:wtf:
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valerief Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-11 02:01 PM
Response to Reply #1
7. Might have to be renamed New Florida or New Texas or New Mississippi. nt
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hlthe2b Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-11 01:47 PM
Response to Original message
2. I would leave the two credit unions I belong to, if either became banks...
and that should be the uniform response of members in WI.... That will stop this BS. Damn, I hate these RETHUGS and their big business cronies.
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valerief Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-11 02:01 PM
Response to Reply #2
8. I belong to two and would leave them also. nt
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Vinnie From Indy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-11 01:50 PM
Response to Original message
3. The GOP worships money and the power it takes to steal more of it
over any religion or diety ever dreamt of by humankind.
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valerief Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-11 02:02 PM
Response to Reply #3
9. The world is their casino. nt
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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-11 01:53 PM
Response to Original message
4. Recommend
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Myrina Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-11 01:55 PM
Response to Original message
5. He really seems to have an issue with anything utilizing the word "union" ...
... January needs to get here so this mo-fo can get ousted quick-fast-and-in-a-hurry.
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-11 01:58 PM
Response to Reply #5
6. But make sure first priority is dumping his legislation.
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get the red out Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-11 02:19 PM
Response to Original message
10. The guy is sure trying
to be the worst piece of shit Governor ever elected.
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RKP5637 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-11 02:28 PM
Response to Original message
11. This guy is worse than the red scare in the 50's and he's supposedly an American. The
collapse of America for "we the people" will come from within.
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RKP5637 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-11 02:29 PM
Response to Original message
12. Recommend!!! n/t
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