What YOU can do to fight back - IFT limit

Paladin said:
That is an excellent point! Thanks for the idea. I will make this one of my sample complaint letters to the proposed rule.

Lt. Col. Thomas K. Emswiler should be ashamed of himself treating his fellow soldiers like that.
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Quote:
Originally Posted by Braveheart
I say the hell with all of this the only way to expose them is right in the Press. The Wall Street Journal, CNBC every Media Outlet. :mad:Congress and the Senate only act when there is outrage. Imagine a Soldier in Iraq being sent a letter you made 4 transactions when we said 3 now you will pay and you must mail your form 50 to the TSP because you didn't listen to us and by the way sorry your home is forclosed, we decided to cut your benifits, you will have to wait 4 months for the DAV to see you and thanks for your service to our country.:mad:

That is an excellent point! Thanks for the idea. I will make this one of my sample complaint letters to the proposed rule.

Lt. Col. Thomas K. Emswiler should be ashamed of himself treating his fellow soldiers like that.

That was 2 minutes of searching I can did and find out what this Lt. Col. is all about now leak that to the press and imagine the firestorm of a debate they would have on their hands. It's like playing cards again find a weakness and expose it. The TSP needs to be exposed PUBLICALLY not in some closed door meeting. They have alot to answer for maybe that is why the man in charge is connected with 4000 Law Firms as well.:mad:
 
amoeba said:
I wonder if any of the P-candidates have a view on this issue:

A couple million votes might be in the balance. This is important and affects all TSP participants.
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Who will stand up for Government Employees & Disabled Veterans well Clinton passed the Tri Care Plan for Veterans and the Family Medical Leave Act for Government Employees.

1. Hillary Clinton - Yes

2. Obama - No we make to much money in the government

3. McCain - a clone of Bush he may say he cares about Veterans but is willing to expose our Troops for years in Iraq so the hell with him. He is terrible on the economy so he surely doesn't have much knowledge of the TSP.

Out of the 3 it has to be Clinton like her or not and Obama has been exposed as weak.
 
I wonder if any of the P-candidates have a view on this issue:

A couple million votes might be in the balance. This is important and affects all TSP participants.
 
if they are so serious about 3 trades a month, why is there noting on the IFT page at tsp.gov?

Seems to me they would have your number of monthly trades listed and wont let you exceed the limit.

The whole mail in bit smacks of stupidity
 
Braveheart said:
Ironically he sends out these notices 1 year to the day he was appointed to his position. This must be part one of his 5 year plan and he is going to see just how far he can go. He is connected with 4000 Law Firms Nationwide so that immediate sets up a conflict of interest in any court or in front of any Judge. Impartial ???????????? Not a chance in hell.
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I say the hell with all of this the only way to expose them is right in the Press. The Wall Street Journal, CNBC every Media Outlet. :mad:Congress and the Senate only act when there is outrage. Imagine a Soldier in Iraq being sent a letter you made 4 transactions when we said 3 now you will pay and you must mail your form 50 to the TSP because you didn't listen to us and by the way sorry your home is forclosed, we decided to cut your benifits, you will have to wait 4 months for the DAV to see you and thanks for your service to our country.:mad:
 
Braveheart said:
We need to find out who these people are

1. Lt. Col. Thomas K. Emswiler, executive director of the Armed Forces Tax Council in the Office of the Assistant Secretary of Defense for Force Management Policy - 2001 that is the go to guy !!

2. On March 19, 2007 Chairman Andrew M. Saul announced the selection of Gregory T. Long as Executive Director of the Federal Retirement Thrift Investment Board. The Board members had convened yesterday for their monthly meeting. The Executive Director of the Board serves as the Chief Executive Officer and managing fiduciary of the Thrift Savings Plan (TSP) for Federal employees.
For the past year, Long has been the Director of Product Development for the TSP, serving as the Agency’s chief research officer and principal advisor for all product development and related policy matters. Before joining the TSP, Long spent seven years with CitiStreetwhere he served as Director of Marketing for the American Bar Association Retirement Funds. In that position he oversaw all marketing, sales and product development activities for a program that provides 401(k) services to over 4,000 law firms nationwide. Prior to CitiStreet, Long spent six years with Putnam Investments, most recently as the Regional 401(k) Sales Director in the southeast U.S.

THIS IS WHO WE ARE DEALING WITH !!!!!!!!!!!!!
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Ironically he sends out these notices 1 year to the day he was appointed to his position. This must be part one of his 5 year plan and he is going to see just how far he can go. He is connected with 4000 Law Firms Nationwide so that immediate sets up a conflict of interest in any court or in front of any Judge. Impartial ???????????? Not a chance in hell.
 
We need to find out who these people are

1. Lt. Col. Thomas K. Emswiler, executive director of the Armed Forces Tax Council in the Office of the Assistant Secretary of Defense for Force Management Policy - 2001 that is the go to guy !!

2. On March 19, 2007 Chairman Andrew M. Saul announced the selection of Gregory T. Long as Executive Director of the Federal Retirement Thrift Investment Board. The Board members had convened yesterday for their monthly meeting. The Executive Director of the Board serves as the Chief Executive Officer and managing fiduciary of the Thrift Savings Plan (TSP) for Federal employees.
For the past year, Long has been the Director of Product Development for the TSP, serving as the Agency’s chief research officer and principal advisor for all product development and related policy matters. Before joining the TSP, Long spent seven years with CitiStreetwhere he served as Director of Marketing for the American Bar Association Retirement Funds. In that position he oversaw all marketing, sales and product development activities for a program that provides 401(k) services to over 4,000 law firms nationwide. Prior to CitiStreet, Long spent six years with Putnam Investments, most recently as the Regional 401(k) Sales Director in the southeast U.S.

THIS IS WHO WE ARE DEALING WITH !!!!!!!!!!!!!
 
anidoc said:
...I think we need an injunction at this point to prevent further FRTIB action on this matter until there is a Congressional investigation....
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This is the ONLY thing that will work, temporarily! Everyone needs to put their money where their mouth is. Minimum of $100 a pop to start....
 
IMO, we need to get as many of the "Retirement Organizations" behind us, backing this - because this does directly harm retirees (as well active employees wanting to retire).

Retirement groups have tremendous Congressional lobby clout, money, & legal staff resources!!

Baby-boomers now retiring cannot rely just on Social Security!
Folks need help, not walls thrown in our path!!

(I did fax my comments on the FR Notice to FRTIB.)
- FWIW.
 
anidoc said:
If they restrict you without proper notification it's a breach of fiduciary duty. Moreso if you weren't a recipient of his January 24 letter.
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They wouldn't be able to say, 'we tried to notify him/her....here's the proof we sent the notification letter.'
 
Show-me said:
When you don't sign it, it is not deliverable thus you have not been properly contacted before they restrict your account. I won't sign mine.
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I have a hard time believing they'll let people continue to trade, just based on them not signing for the letter.
 
When you don't sign it, it is not deliverable thus you have not been properly contacted before they restrict your account. I won't sign mine.
 
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