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25 May 2011

FedSmith.com: "Expressive Dancer" At the Jefferson Memorial is Thwarted

FedSmith.com Logo - click to go to FedSmith.com home page May 25, 2011

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Recent Headlines

"Expressive Dancer" At the Jefferson Memorial is Thwarted
No dancing at the Jefferson Memorial to celebrate his birthday. "Mr. Jefferson is on record discouraging celebration of his birthday: On Mr. Jefferson's accession to the Presidency [visitors] had waited on him, requesting to be informed, which was his birthday, as they wished to celebrate it with proper respect. 'The only birthday I ever commemorate,' replied he, 'is that of our Independence, the Fourth of July.' "
Posted: 5/24
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South Carolina Representatives Introduce the Job Protection Act
Reps. Tim Scott (R-SC), Joe Wilson (R-SC), and Trey Gowdy (R-SC) have introduced the Job Protection Act which is intended to prevent the National Labor Relations Board from moving forward with its case against Boeing or attempting similar action against other companies.
Posted: 5/24

Study: Women Generally Less Satisfied Than Men with Respect to Federal Employment
The Partnership for Public Service, in conjunction with Deloitte, has released the results of an analysis done on OPM's 2010 employee survey which revealed that, overall, women are slightly less satisfied than men in nine out of ten workplace categories.
Posted: 5/24

High-Paying Jobs Elusive for Women in Government, Report Says
High-paying jobs and supervisory positions are out of reach for many women working for the U.S. government, according to an independent agency tasked with examining the status of public-sector female employees.
Posted: 5/24

Budget Talks Eye $1 Trillion in Cuts
White House and congressional officials said Tuesday that they were moving closer to a budget deal that would make a "down payment'' of more than $1 trillion in cuts to federal deficits over the next decade.
Posted: 5/25

Stimulus Money Recipients Owe Billions in Taxes
Contractors and businesses that received money through the 2009 federal economic stimulus plan owe billions in unpaid taxes to the government, a federal auditor said on Tuesday.
Posted: 5/24

Union Leader Warns Of Depressed Support for Obama Amid Pension Talk
Union leaders and other federal worker representatives fired back Tuesday at new Republican presidential candidate Tim Pawlenty over his call for freezing the salaries of federal workers and reducing the size of the workforce. AFGE president John Gage also said that it will also be difficult to motivate rank and file federal workers to support President Obama's reelection campaign if he pursues changes to the federal pension system.
Posted: 5/25

No More Full-Size Vehicles Unless Essential
President Barack Obama has an order for federal agencies: No more driving full-size sedans or SUVs unless it is absolutely necessary.
Posted: 5/25

How's Your Emergency Fund?
A new study by the National Bureau of Economic Research shows 50% of Americans would struggle to come up with $2,000 in a pinch, for example in the event of an unanticipated car or home repair, a large medical bill or legal expenses.
Posted: 5/24

'Greenifying' the Vehicle Fleet
The Obama administration plans to purchase 116 plug-in electric vehicles for the U.S. government, led by 101 Chevrolet Volts from General Motors Co. (GM), saying it wants to increase the number of these cars in the fleet.
Posted: 5/24

Fed Threat Shuts Down TSA "Groping" Bill in Texas
A threat from the federal government to shut down Texas airports or cancel flights may have killed legislation by Tea Party conservatives in the Texas Capitol to prohibit federal Transportation Security Agents from conducting "invasive searches."
Posted: 5/25

Can new DoD Chief Leon Panetta End Budget Boondoggles?
The author says, "The presumptive Defense Secretary Leon Panetta, a former budget director in the Clinton administration, is acutely attuned to the aggressive measures and political diplomacy necessary to start netting real savings in defense budgets. He should enter his new post with the confidence to start reducing the redundancies that would never pass the laugh test in other discretionary departments accounts."
Posted: 5/25

Still Using Manual Spreadsheets and Reports in Government
Less than one-third (31 percent) of federal managers and professionals say their agencies have a formal plan to identify spending inefficiencies. Federal managers and professionals also still rely heavily on spreadsheets and manually compiled reports as analysis tools. Nearly two-thirds of respondents (62 percent) report that they use these tools.
Posted: 5/24

Obama, GOP Both Claim Credit For Chrysler Recovery
Today's announcement by the Treasury Department that Chrysler has repaid, six years early, its $5.1 billion loan from the Troubled Asset Relief Program, or TARP, gives Democrats a chance to resell a program that has been painted as representing all that is wrong with government.
Posted: 5/25

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Daily TSP Rates

For May 24, 2011
  Close Change YTD
G $13.6451 +0.0011 +1.16%
F $14.6127 +0.0058 +2.69%
C $16.0351 -0.0132 +5.44%
S $22.4413 -0.0566 +5.63%
I $20.5214 +0.0998 +2.56%
L 2050 $10.2473 +0.0051 0%
L 2040 $18.5554 +0.0073 +4.21%
L 2030 $18.0597 +0.0068 +3.85%
L 2020 $17.5142 +0.0066 +3.37%
L Income $14.9760 +0.0023 +2.04%

More TSP Rates and Info are available at the TSP Corner

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