Whole bank purchases:
“We’ve heard from clients that the offers from credit unions are better in many cases,” Silvia says. “One of the most important things to think about is what is the best thing for the shareholders, which is generally getting the highest price.”
Not only do credit unions often offer the highest price, he says, they will likely pay in cash.” Garret Reich The Financial Brand
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Buying things is an installed habit, especially for Americans. I have friends who use shopping as a kind of therapy, and their homes are filled with trash.
And, as a result, we have a lot of stuff, stuff we really don’t need.
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Ockham’s razor (rule): Given multiple choices, the simplest explanation is usually the correct one. It’s also known as the principle of parsimony and is an academic’s way of saying, “When you hear hoof beats, don’t think zebras.”
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People can foresee the future only when it coincides with their own wishes.” George Orwell
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We are all quite capable of doing “horrid things,” especially in horrid situations. But before we do a horrid thing we must be quite certain that we actually are in a horrid situation.
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I’m convinced all of us, in one way or another—have an intense resistance to change. We like predictability and control. That’s one of the reasons addicts find it easier to have a relationship with a process or a substance rather than with people. Unlike objects, people are unpredictable.
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“The human person grows more, matures more and is sanctified more to the extent that he or she enters into relationships, going out from themselves to live in communion with God, with others and with all creatures.” Pope Frances
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“I write entirely to find out what I’m thinking, what I’m looking at, what I see and what it means.” Joan Didion
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This Weekend’s Reading: The story of why the Howard Johnson (28 flavors), America’s most popular roadside restaurant company, disappeared.