President Kennedy famously said after the Bay of Pigs debacle that "victory has a thousand fathers; defeat is an orphan."

Fortunately for all involved, the fight over debit interchange didn't involve any attempts to overthrow a foreign dictator. Though given how credit unions have fared on Capitol Hill lately, there are no doubt a few folks at CUNA and NAFCU wish they could find some way to achieve their goals by circumventing the democratic process.

However, barring Debbie Matz, Fred Becker or Bill Cheney becoming king or queen for a day (which has about as much chance of happening as Elizabeth Warren does of being confirmed to run the Consumer Financial Protection Bureau), credit unions have to win their battles the old fashioned way, by lobbying and counting votes.

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