Thread: fed times article

Mamma said there'd be days like this. More and more mindless babble covered in smoke and mirrors.

Time for work,,,,see my thread !
Grrrrrrrrrrrrrrrrr !

I just called NARFE about the above article and informed them that one of the big reasons that alot of us are sitting in the G fund is becasue of the 2 IFT rule, which she was aware of, and that rule has just as much impact as the bad market for folks sitting in the G. I also advised her of the possible collusion between Barclays losing money in hedge funds and the Board making the 2 IFT rule.

I told her I was a little dissappointed that NARFE hadn't taken more of an interest in something this important to Fed Employees. She seemed concerned and interested and said they will definately look into it. Now she may have been blowing sunshine up my skirt, but it probably wouldn't hurt to contact NARFE and tell them that Losely (sp) is saying NARFE is going to get involved in the matter.

It can't hurt.

1-800-456-8410 NARFE

CB

Originally Posted by CountryBoy

I just called NARFE about the above article and informed them that one of the big reasons that alot of us are sitting in the G fund is becasue of the 2 IFT rule, which she was aware of, and that rule has just as much impact as the bad market for folks sitting in the G. I also advised her of the possible collusion between Barclays losing money in hedge funds and the Board making the 2 IFT rule.

I told her I was a little dissappointed that NARFE hadn't taken more of an interest in something this important to Fed Employees. She seemed concerned and interested and said they will definately look into it. Now she may have been blowing sunshine up my skirt, but it probably wouldn't hurt to contact NARFE and tell them that Losely (sp) is saying NARFE is going to get involved in the matter.

It can't hurt.

1-800-456-8410 NARFE

CB

I think I'll do that ! But on one condition ! Please tell me its a Kilt and
that your a Irish/Scotish cowboy. Otherwise, its going to take me at
least six months to get the picture out of my head !

So they're alarmed by the "massive movement of money into the G fund" from other funds are they? Hmmm...seems like a "massive movement of money into the I fund" from the G fund and back again was the reason (false) given for IFT limits. What's next, limiting moves to G fund?

Originally Posted by squalebear

I think I'll do that ! But on one condition ! Please tell me its a Kilt and that your a Irish/Scotish cowboy. Otherwise, its going to take me at least six months to get the picture out of my head !

With my husband's Celtic heritage and my firsthand knowledge about what the Scots traditionally wear under their kilts, now I have a picture stuck in my head!

Lady

Well, here ya go. Now that the wonderful civil service world has taken away the retirement and put it into our hands, they've tied them behind our backs limiting our control of our destiny. I remember the SS "fix" that was thrown around called "privitization". If I had full control on that market would they then tell me where an how I could manage it?

This is getting so frustrating. These "experts" are saying that the TSP program is "damned if we trade, damned if we don't." I am getting a little sick and tired of these "experts" and the representation they are receiving in the media.

I think we need to request an investment advocate for TSP investors. The board is lost and are catering to the company responsible for taking care of our money. Most of the people on this MB are professionals. We have been educated and have sought out investment alternatives. I can only imagine what a GS-05 is looking at for retirement.

RANT OVER.

Originally Posted by squalebear

I think I'll do that ! But on one condition ! Please tell me its a Kilt and
that your a Irish/Scotish cowboy. Otherwise, its going to take me at
least six months to get the picture out of my head !

Yeah I'm a Irish/Scottish cowboy, so you'll be able to sleep tonight.

CB

All this tells me is that the FRTIB is manned by a bunch of cluless idiots! And THEY have CONTROL of OUR money!


""With my husband's Celtic heritage and my firsthand knowledge about what the Scots traditionally wear under their kilts, now I have a picture stuck in my head! """"

And if he's a McDonald he surly has a 1/2 pounder!!!!!

Rooster?

[quote=Frixxxx;177514]This is getting so frustrating. These "experts" are saying that the TSP program is "damned if we trade, damned if we don't." I am getting a little sick and tired of these "experts" and the representation they are receiving in the media.

This is the best post I have seen in a long time!!!