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GovernmentExecutive.com


Government revoking pay raises, top career officials claim
By Kellie Lunney klunney@govexec.com March 25, 2011


This story has been updated.
Top career officials are being asked to give up their pay raises in a move some suspect is part of President Obama's two-year governmentwide pay freeze. "We've heard from members that it's happening," said Bill Bransford, general counsel at the Senior Executives Association. "We have not officially heard from anyone and don't know the specific facts."

http://www.govexec.com/story_page.cfm?articleid=47425&dcn=todaysnews
 

GovernmentExecutive.com

Union demands concessions in the event of a government shutdown
By Robert Brodsky rbrodsky@govexec.com March 25, 2011

"If Congress fails to pass another spending bill and the government shuts down early next month, furloughed federal employees ought to receive retroactive administrative leave, continued health care benefits and the opportunity to seek temporary employment elsewhere, according to guidance a federal employee union issued on Thursday..."

http://www.govexec.com/story_page.cfm?articleid=47427&oref=todaysnews
 

GovernmentExecutive.com

Lights, camera, action in the 'Temple of Secrets'
By Edmund L. Andrews National Journal March 25, 2011

"In a stunning if overdue leap into the modern media age, the Federal Reserve announced on Thursday that it will start holding televised press conferences to explain its monetary policy.
The first briefing, by Fed chairman Ben Bernanke, will be after the Fed's next policy meeting on April 27. After that, Bernanke will hold briefings after every other policy meeting -- in other words, about once a quarter..."

http://www.govexec.com/story_page.cfm?articleid=47429&oref=todaysnews
 
I've notice when Bernanke speaks the market takes a nose dive.

Mark
nasa1974 said:

GovernmentExecutive.com

Lights, camera, action in the 'Temple of Secrets'
By Edmund L. Andrews National Journal March 25, 2011

"In a stunning if overdue leap into the modern media age, the Federal Reserve announced on Thursday that it will start holding televised press conferences to explain its monetary policy.
The first briefing, by Fed chairman Ben Bernanke, will be after the Fed's next policy meeting on April 27. After that, Bernanke will hold briefings after every other policy meeting -- in other words, about once a quarter..."

http://www.govexec.com/story_page.cfm?articleid=47429&oref=todaysnews
Click to expand...
 
DailyFinance
An AOL Money & Finance Site

The Real Reason Gas Prices Are Soaring

By CHARLES WALLACE Posted 7:00 AM 03/28/11

"Have you ever wondered why when you go to the gas station to fill up the family car, the price of gas at the pump has just jumped 25 cents a gallon over the past three days? Perhaps you thought the oil companies were just being greedy. Or you believed the nightly news pundit who said that gas prices went up because the crisis in Libya was affecting supplies of oil. One professional oil trader says that you'd be wrong on both counts..."

http://www.dailyfinance.com/story/t...9893347/?icid=maing|main5|dl4|sec1_lnk3|52083
 
nasa1974 said:
DailyFinance
An AOL Money & Finance Site

The Real Reason Gas Prices Are Soaring

By CHARLES WALLACE Posted 7:00 AM 03/28/11

"Have you ever wondered why when you go to the gas station to fill up the family car, the price of gas at the pump has just jumped 25 cents a gallon over the past three days? Perhaps you thought the oil companies were just being greedy. Or you believed the nightly news pundit who said that gas prices went up because the crisis in Libya was affecting supplies of oil. One professional oil trader says that you'd be wrong on both counts..."

http://www.dailyfinance.com/story/t...9893347/?icid=maing|main5|dl4|sec1_lnk3|52083
Click to expand...

did we skip the last 3 years and end up back in 2008 again? :suspicious:

How's the j o b @ BB? You have to elbow all the youngsters out of the way, or do they send customers to you for the final word?
I heard some blurp about Ipad 2's as sales associate tools....
 
crws said:
did we skip the last 3 years and end up back in 2008 again? :suspicious:

How's the j o b @ BB? You have to elbow all the youngsters out of the way, or do they send customers to you for the final word?
I heard some blurp about Ipad 2's as sales associate tools....
Click to expand...

Hey crws,

I work in appliances so the youngsters pretty much stay away. I have heard that a couple stores are testing the use of something similar to an Ipad with a credit card swipe on it. Supposed to replace the cash register.
 

GovernmentExecutive.com

TSP delays Roth option
By Emily Long elong@govexe.com March 28, 2011


"The Thrift Savings Plan will delay its planned rollout of a Roth 401(k) option to allow federal payroll offices to adapt to the changes, officials said on Monday during a monthly meeting of the Federal Retirement Thrift Investment Board. The TSP in 2009 began preparing for the introduction of a Roth 401(k) plan, which would allow employees to invest income that already has been taxed and therefore would not be taxed upon withdrawal. The Roth option, originally scheduled for January 2012, now will be delayed several months for additional planning and testing, according to Renee Wilder, TSP's director of research and strategic planning..."

http://www.govexec.com/story_page.cfm?articleid=47435&oref=todaysnews
 

GovernmentExecutive.com

Short-term funding measures have agency budget officials finding ways to save
By Meghan McCarthy National Journal March 28, 2011

"As Congress inches its way closer to a final deal -- or a government shutdown -- over 2011 spending, federal agencies have already been forced to make do with less and prepare for the worst.
Thanks to the three short-term government funding bills that have passed since the start of fiscal 2011, federal agencies have been required to fund their year-long budget in pieces, instead of planning for a full year of spending. That means agency budget officers have had to be conservative with their funds, in some cases holding off on hiring new employees to fill vacancies and slowing down grants or other contracts that require up-front government funding. The latest funding bill expires on April 8..."

http://www.govexec.com/story_page.cfm?articleid=47432&oref=todaysnews
 
Today finished better than yesterday. Stayed on the positive side between 3 and 4. Made up for yesterday's loss. Broke even, sort of, and still slightly ahead of Birch. :laugh::nuts:
 
nasa1974 said:
Hey crws,

I work in appliances so the youngsters pretty much stay away. I have heard that a couple stores are testing the use of something similar to an Ipad with a credit card swipe on it. Supposed to replace the cash register.
Click to expand...

So you like, then?
I'm thinking of something for some variety and a couple extra bucks.
 
Well with only two trading days left for the month and the quarter we may actually finish on a positive note. We can only hope. :D

So far for the month the F fund is down 3 cents, C fund up 18 cents, S fund up 53 cents and the I fund is down 51 cents.

For the quarter all funds are currently up from the beginning of the year.

Good luck today.
 
nasa1974 said:
Hey crws,

I work in appliances so the youngsters pretty much stay away. I have heard that a couple stores are testing the use of something similar to an Ipad with a credit card swipe on it. Supposed to replace the cash register.
Click to expand...

Hmm, yea, I'm lookin' for rosier pastures.... ;)

file.php
 


Negotiators work at compromise, tea party watches



By ANDREW TAYLOR, Associated Press Andrew Taylor, Associated Press – Thu Mar 31, 3:11 am ET

"WASHINGTON – Congressional negotiators are working on a proposal for around $33 billion in spending cuts over the next six months and Vice President Joe Biden was reporting "good progress" in budget talks to prevent a government shutdown..."

http://news.yahoo.com/s/ap/20110331/ap_on_re_us/us_spending_showdown
 

GovernmentExecutive.com

Obama solicits ideas from federal workers for government reform
By Rebecca Kaplan National Journal March 30, 2011

"When President Obama talks about being open to ideas, he's not just talking about those from Congress. In a video message released by the White House yesterday, the president solicited ideas for government reorganization and reform from federal workers themselves..."

http://www.govexec.com/story_page.cfm?articleid=47449&oref=todaysnews
 

GovernmentExecutive.com

Democrats say only $6 billion separates sides in budget talks
By Billy House and Humberto Sanchez National Journal March 30, 2011

"The difference between a government shutdown or not might come down to just $6 billion in a $3 trillion-plus budget.
Senate Democrats asserted on Tuesday that the two sides are only $6 billion apart from a deal to fund the government for the remainder of the fiscal year, which ends on September 30, and urged House Republicans to come to the Senate to hash out a compromise.
"We are ready to find common ground," said Senate Majority Leader Harry Reid, D-Nev..."

http://www.govexec.com/story_page.cfm?articleid=47450&oref=todaysnews
 
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