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Thread: US taps G fund to avoid passing debt limit

  1. #25

    Default Re: US taps G fund to avoid passing debt limit

    Quote Originally Posted by wvango View Post
    Was just sent these links and thought I would share it with you all.

    Petition Filed Asking to Leave G Fund Out of Debt Limit Fight

    Petition Filed Asking to Leave G Fund Out of Debt Limit Fight - FedSmith.com

    Stop Withholding Payments to the TSP's G Fund
    https://petitions.whitehouse.gov/pet...-fund/jPL8H7VQ
    I signed it this afternoon. But instead of only needing 25,000 signatures, Obama has upped the number to 100,000. Guess the Prez doesn't want answer petitions from the people.

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  3. #26

    Default Re: US taps G fund to avoid passing debt limit

    Quote Originally Posted by Kaufmanrider View Post
    I signed it this afternoon. But instead of only needing 25,000 signatures, Obama has upped the number to 100,000. Guess the Prez doesn't want answer petitions from the people.
    I also signed the petition. Do most petitions only require 25k signatures? If so, who else would be responsible for upping the requirement to 100k signatures?

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  5. #27

    Default Re: US taps G fund to avoid passing debt limit

    Quote Originally Posted by blueroadster View Post
    I also signed the petition. Do most petitions only require 25k signatures? If so, who else would be responsible for upping the requirement to 100k signatures?
    All petitions used to only require 25,000. I guess that number was to easy so they recently upped it. It now takes 100,000 before the White House will respond. But that shouldn't be too hard for this one. I've got 5 in my family who are going
    to sign it. And with the number of Feds, Military, and Retirees with TSP accounts, we should hit the number quickly once the word gets out.


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  7. #28

    Default Re: US taps G fund to avoid passing debt limit

    I signed it as well.

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  9. #29

    Join Date
    Feb 2012
    Location
    San Diego
    Posts
    189

    Default Re: US taps G fund to avoid passing debt limit

    I signed it!

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  11. #30

    Default Re: US taps G fund to avoid passing debt limit

    Quote Originally Posted by Kaufmanrider View Post
    I signed it this afternoon. But instead of only needing 25,000 signatures, Obama has upped the number to 100,000. Guess the Prez doesn't want answer petitions from the people.
    Or the white house doesn't think they should be wasting their time responding to requests for a death star. Sure it was funny but come on..

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  13. #31

    Default Re: US taps G fund to avoid passing debt limit

    The fact that they would raid our retirement fund is disgusting.
    Is today Saturday again?

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  15. #32

    Default Re: US taps G fund to avoid passing debt limit

    Quote Originally Posted by jkenjohnson View Post
    The fact that they would raid our retirement fund is disgusting.
    Just imagine what your banks are doing with your money. Its not all sitting in vaults, ill tell ya that for free.

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  17. #33

    Default Re: US taps G fund to avoid passing debt limit

    Quote Originally Posted by k0nkuzh0n View Post
    Just imagine what your banks are doing with your money. Its not all sitting in vaults, ill tell ya that for free.
    That's a great point. One man's savings account is another man's car loan.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

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  19. #34

    Default

    I realize that it's probably not a reality but everyone stopped contributing to their tsp in a few short days to weeks they would have nothing left to borrow from us!

    I think they're just using the G fund as hostage in order to get what is really on the table and that is the higher debt ceiling.

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  21. #35

    Default Re: US taps G fund to avoid passing debt limit

    It's all a hoax. The G Fund never existed! this goes way beyond Te'o

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  23. #36

    Join Date
    Mar 2006
    Location
    Raleigh, NC
    Posts
    3,416

    Cool Re: US taps G fund to avoid passing debt limit

    No fund other than the 'G Fund' and the parts of the various 'L Funds' invested in the 'G Fund' are in reach of the hidden hand.

    I am not taking part in this scheme because I own no 'G Fund' in any way. Excepting, of course, my crappy investment in Social Security and the FERS pension. Yuk and double yuk. But, I have done my best.
    Lookin' up at the 'G Fund'!!!


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