Internet Rumors; This and That; Das Twins
Posted by Anthony Demangone
A number of members emailed me to ask about a 1% tax on credit union and bank transactions. Â There are quite a few emails circulating about the alleged tax, and some credit union members have voiced concerns that it will affect their Social Security checks, deposits, etc. Â It certainly is an email that gets your attention.
There's no need to worry. The idea of a 1% tax was put into a bill, but the bill has no cosponsors and is not going anywhere.  Feel free to read more about the issue here, via Snopes.com. Â
Let me share with you one of my personal tests. Â I call it the "front page" rule. Â If you get an email that makes amazing claims about a transaction tax, a tax on emails, or some other shocking thing, ask yourself this question: Have I seen this discussed on the front page of any newspaper? Â If the answer is no, then you are likely looking at a hoax. Â While email is wonderful, it generally is not the source of breaking news. Especially when forwarded by your Aunt Susie.
***
You Snooze, You Lose. Â We have a packed house for the 2010 Regulatory Compliance Seminar in Grapevine, Texas. Â Unfortunately, we've had to close registrations for the upcoming conference.Â
My Name is Earl.  The hurricane making its way up the East Coast is a good reminder to review NCUA's most recent guidance on hurricanes and disaster preparedness.  It is Letter to Credit Unions 10-CU-10.  If you are in the path of the hurricane, please stay safe.
Share Insurance. Â Not all of Dodd-Frank is bad. Â The law made the $250,000 share insurance level permanent. Â NCUA has issued a final regulation to amend its share insurance and official sign regulations as a result.
Das Twins. Â OK, I know many of you only glance at this blog occasionally to look for any new photos of Kate and Briggs. Â They are 17 months old now, and they have become experts at:
- Running into any sharp-edged piece of furniture
- Throwing food as far as they can the moment they are done eating
- Knowing when to use a smile to get their way, or a well-timed burst of screaming
Here are some recent shots:
 
Have a great weekend, everyone. Â Even you Youngstown State fans.