Daily Headlines for September 7, 2010 Cows, People and Flying: A Second Look | Ralph found on a experience with airline travel that some people will develop a herd mentality in crowded situations. Another FedSmith author gives his take on the situation. Posted: 9/7 | RELATED HEADLINES: | Congresswoman: "If I had known it was against the law, I wouldn't have done it." | | After days of scrutiny over $31,000 in scholarships she awarded in violation of nepotism and residency rules, Rep. Eddie Bernice Johnson, (D-TX) insists she had no idea that the Congressional Black Caucus Foundation had rules against awarding college aid to her relatives. She is also a former Board member for the foundation. She has repaid $31,000 to the foundation. She also said that a "fired employee" leaked information damaging to her. Posted: 9/7 | RELATED HEADLINES: | Another $50 Billion in Spending | Vowing to find new ways to stimulate the economy, President Barack Obama wants long-term investments in the nation's infrastructure. The price tag will be at least $50 billion. Posted: 9/7 | RELATED HEADLINES: | November Elections Likely to Lead to Changes | A consensus is building that Democratsâ chances of holding on to both houses of Congress are fading. News story and polling headlines paint a grim picture for Democratic lawmakers and therefore for President Obama. Posted: 9/5 | Last in Federal Employee Satisfaction...Nowhere to Go But Up | The National Archives and Records Administration tied for last place in a recent survey of "best places to work" in the federal government. The agency head says there are signs that the agency's work environment is "moving in the right direction." Posted: 9/7 | The Unpredictable Path of Politics in a Democracy | | Politics often leads in unexpected directions. The federal government has been taking numerous public actions to denigrate and repeal Arizona's recent legislation on immigration. One result: the Arizona law is growing as a political force, shaping elections across the country and creating a new generation of campaign stars in and out of the state. Posted: 9/7 | Strong Case for Union Concessions at Postal Service | The Post Office is losing business to competitors and new technology. "No one would contend that postal workers lead a cushy existence. But their compensation is, in some respects, more generous than that received by others in comparable situations. They are protected by a no-layoff clause. The company pays 79 percent of each employee's health insurance premiums, as opposed to the 72 percent that other federal agencies pay." Posted: 9/7 | Newspapers Abandoning Coverage of Federal Agencies | Newspapers have forsaken the nation's capital so it is not surprising that the quality of reporting on the federal government has slipped. "The watchdogs have abandoned their posts. How that plays out in the long run--for journalism, for democracy--has yet to be determined." Posted: 9/7 | The Disappearing Multi-Purpose Post Office | | For generations, Americans could go to many stores to buy stuff and mail letters, but the Postal Service modernized to stand-alone offices. There is only one of these older post offices left in Delaware. Posted: 9/7 | Check Your TSP: Worst August for Stocks Since 2001 | Thrift Savings Plan investors are undoubtedly disappointed with the returns in the TSP funds in August and so far in 2010. Stocks are down for the month--at a rate not seen since August 2001. Posted: 9/3 | RELATED HEADLINES: | Previous Articles on FedSmith.com What is the Maximum Annuity Supplement in 2010? FERS employees who retire prior to age 62 are entitled to an annuity supplement, either immediately or upon attaining the MRA (Minimum Required Age). Some believe the supplement can equal, or even exceed, the amount of the annuity itself. Can this be true? Centers for Medicare and Medicaid Services Is Optimistic About Future of Medicare The administrator of the Centers for Medicare and Medicaid Services says that the financial outlook for Medicare is improving, largely because of slowing the rate of growth in payments to most categories of medical providers. Loyalty and Contempt in the Shadow of Uncle Sam Disloyalty can be toxic. There is a sizable contingent of Uncle Samâs workforce that dislike their bosses, their management in general, entire agencies, and even the Federal government itself. It seems to be growing larger and more vocal all the time. About this Email The FedSmith.com FREE daily email newsletter is sent each business day with a snapshot of the latest news headlines. FedSmith.com is growing every day as an influential Internet news Web site for the Federal community. Please forward this newsletter to your colleagues so they can also receive our latest news headlines each business day. Go to http://www.fedsmith.com/email_list to sign up for a free subscription, change your email address, or to unsubscribe. Be sure to respond to the confirming email. | Daily TSP Rates For September 3, 2010 | | Close | Change | YTD | G | $13.3921 | +0.0007 | +2.08% | F | $14.3039 | -0.0246 | +7.27% | C | $13.2734 | +0.1735 | +0.42% | S | $17.5383 | +0.2576 | +6.55% | I | $17.9153 | +0.2651 | -3.35% | L 2040 | $15.9020 | +0.1754 | +1.71% | L 2030 | $15.7436 | +0.1520 | +1.83% | L 2020 | $15.6094 | +0.1240 | +1.89% | L 2010 | $15.5589 | +0.0426 | +2.23% | L Income | $14.2009 | +0.0389 | +2.31% | More TSP Rates and Info are available at the TSP Corner Contacting FedSmith.com Please do not reply to this email. 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