FEDS Professional Liability Insurance PLI is necessary to defend against administrative, disciplinary, civil and even criminal matters. Learn More (Advertisement) Daily Headlines for March 16, 2011 | Unprecedented Federal Employee Union Empowerment Underway at Federal Level | Executive Orders about Federal employees rarely get much media coverage. In his first year, the president issued an executive order that broadened the involvement of Federal employee unions in agencies. While the events in Wisconsin point out concerns about public employee union power, the Administration has required Agencies to involve Federal employee unions in virtually all government decisions.
Posted: 3/16 |
| Former NASA Exec Loses Appeal of Criminal Convictions | A former NASA executive has lost his appeal of criminal convictions stemming from his role in allocating a $15 million congressional earmark when he was serving as Associate Administrator of the agency.
Posted: 3/16 |
| House Passes Another Temporary Spending Bill | A three-week stopgap bill to keep the government operating past Friday easily cleared the House with an increasing numbers of Republicans defecting due to lack of more cuts in the budget. The short-term budget would fund the government for three weeks and cut about $6 billion from 2010 levels.
Posted: 3/15 |
| I Can't Eat an IPad |  | Sometimes our policymakers seem out of touch with reality. Witness last week's visit to Queens, New York, by New York Fed President William Dudley. His comments "prompted guffaws and widespread murmuring from the audience," with someone quipping, "I can't eat an iPad." Another attendee asked, "When was the last time, sir, that you went grocery shopping?"
Posted: 3/15 |
| Federal Courts Face Shutdown | The nations courts may be forced to close down if the current budget battle between Republicans and Democrats leads to a government shutdown according to Chief Judge David Sentelle of the U.S. Court of Appeals for the District of Columbia Circuit.
Posted: 3/16 |
| Federal Employee Removed for Violating Hatch Act | The Merit Systems Protection Board (MSPB) continues to order significant penalties for federal employees who violate the Hatch Act. In the most recent Hatch Act decision, the MSPB upheld the decision of an administrative law judge, which ordered an employee removed from his federal employment.
Posted: 3/16 | | RELATED HEADLINES: |
| Banning YouTube at DoD |  | The Pentagon's Cyber Command has shut down Defense Department workers' access to popular streaming video websites including YouTube, Amazon, and Googlevideo.
Posted: 3/15 |
| Powder at Kennedy Space Center Tests Positive |  | NASA's Inspector General's Office says an investigation is under way after a white powdery substance found at the Kennedy Space Center tested positive for a prohibited substance.
Posted: 3/16 |
| Which Will Win in the White House: Politics or Economics? | The federal government is now borrowing money to pay for Social Security benefits as the program gives out more money than it takes in each year. Changing the Social Security system is splitting President Obamas economic and political advisers.
Posted: 3/15 |
| Reduced COLA Payments for Federal and Military Retirees in Your Future? | Would you mind a reduction in your CSRS annuity of about $3900 over ten years? Would you mind a reduction of about $1000 less in your FERS annuity during the same time period? If so, you may want to read a new proposal being floated that could have an impact on your retirement income.
Posted: 3/15 | | RELATED HEADLINES: |
Previous Articles on FedSmith.com "Changes in Latitudes, Changes in Attitudes:" The Elusive Retirement Tsunami.
Is the retirement tsunami that has been predicted now upon us? The White House seems to think it is imminent and that the number of federal employee "separations" will be going up. Here are statistics that lend credence to the scenario of a federal workforce that may decide to head out for "changes in latitudes and changes in attitudes." Your Take - Will There be a Government Shutdown?
We recently asked readers in a non-scientific poll if they thought a government shutdown would take place. The results were generally not very upbeat. Explore San Antonio -- One Mission at a Time
Mission San Antonio de Valero -- the Alamo -- was the first mission built in what is now San Antonio. Additional missions were later built along the San Antonia River to serve the Indian population and protect Spain’s land interest in what is now Texas. About this Email The FedSmith.com FREE daily email newsletter is sent each business day with a snapshot of the latest news headlines. We also send occasional updates during the day for breaking news or special events. Be sure to check our site throughout the day as we continually post new stories. | Daily TSP Rates | For March 15, 2011 | | | Close | Change | YTD | G | $13.5663 | 0.0000 | +0.58% | | F | $14.3493 | 0.0000 | +0.84% | | C | $15.7415 | 0.0000 | +3.51% | | S | $21.8951 | 0.0000 | +3.06% | | I | $20.0963 | 0.0000 | +0.44% | | L 2050 | $10.0392 | 0.0000 | 0% | | L 2040 | $18.1986 | 0.0000 | +2.2% | | L 2030 | $17.7405 | 0.0000 | +2.01% | | L 2020 | $17.2394 | 0.0000 | +1.75% | | L Income | $14.8297 | 0.0000 | +1.04% | | More TSP Rates and Info are available at the TSP Corner Contacting FedSmith.com
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