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Thank you my friend. The feelings are mutual.
BTW - I hope my plans regarding the Prison System didn't bother you or anyone else working in (or with) the prisons. I simply thought of various changes I'd love to enact - with a mindset that all things are possible.
I'm disappointed in the Markets, as I felt we were moving up too fast.
So I was hoping for a substantial sell off and for the Wilshire 4500 to drop to 585 and linger there for a little while. Kind of hoping a feeling of dread would permeate - because a "feeling of dread" would all the more set the stage for "enthusiasm and revival"
DOL and Congress have oversight of FRTIB and TSP. Details are posted elsewhere on the MB, DOL site and can be googled easily.
I'm not exactly pleased with financial institutions under the fed's and government's control either, their management isn't anything to brag about with all those writedowns...say how about turning it over to Fannie or Freddie? Would those guys like to have our $350B to play with and churn?
What we need is ACTIVE oversight, effective controls, an elected not politically appointed Board, guarantees against fund manager mishandling of the TSP that violates the investment directives; these are just a few of the many "fixes" our educated MB participants have posted here.
......Humm, no idea how to handle this one folks. Any letter I could write would reflect "the 3,000" and therefore the only way to get anywhere is by finding a different avenue.
You all know way more than me. Is there a higher Branch in the Federal System that could make some changes. Here I would in no way be slamming Barclays, but rather respectfully point out the huge difficulties they are going through and my preferance for a Financial Institution directly under the Fed's Control.
I started watching the blossoming friendship of you,L2R, and SB, I have learned one thing: Research!
Thanks Steady, I wasn't digging for that but it made my day.
"Huston, we have a PROBLEM"
The FRTIB is more than likely the only source to direct our concerns regarding Barclays' difficulties and them being in charge of "the TSP Fund". More than likely the bulk of us would agree to bringing TSP Fund control under US Jurisdiction.
OUTSTANDING PROBLEMS:
1. Only the "3,000" recognize the situation at hand.
2. The "3,000" are known collectively as a source of trouble.
Humm, no idea how to handle this one folks. Any letter I could write would reflect "the 3,000" and therefore the only way to get anywhere is by finding a different avenue.
You all know way more than me. Is there a higher Branch in the Federal System that could make some changes. Here I would in no way be slamming Barclays, but rather respectfully point out the huge difficulties they are going through and my preferance for a Financial Institution directly under the Fed's Control.
Saul is running for Congress. Maybe, just maybe he is?Who else is starting to look and listen???
May the force be with us.
Number 1: How do we educate the other 3 million plus that there may be a problem.:notrust: The more of us the more the FRTIB gets nervous.
Number 2: I wonder if the FRTIB is still monitoring our MB. If we the "3000" can see between the lines. (sorry I just feel like I am one in solidarity with the 3000) Who else is starting to look and listen???
May the force be with us.