The stock market has hit new high levels. TSP stock funds are hitting new highs. Some investors are elated. For those TSP investors getting ready to retire, and who may have sold their stock funds when the market dropped back in February, their emotions may be moving in the opposite direction. Will they now sell the bond funds and move into stocks?
Government ethics with a sense of humor will seem like a misprint to some readers. But one government official has gone to a lot of effort to catalog “ethical lapses” of some federal employees with an eye toward illustrating how one can ruin a career, and perhaps go to prison, by failing to follow the dictates of ethical standards of conduct.
An employee of a federal nuclear research facility had an obsession and access to a sophisticated computer network. The result was a stalker who terrified a family.
The TSP stock funds are generally down for the month of June. TSP investors should not focus on the returns of one month when investing for their retirement future and, when looking at a longer term time period, the TSP stock funds have been very good to investors. Here are the results.
An average 2008 pay raise of 3.5% for federal employees has passed a hurdle in the House of Representatives. Will Congress consider the merit of arguments for and against the pay raise or are other factors at play and will they help or hurt the final action on next year’s pay increase?
While some would argue that a former military member and federal employee should be held to a higher standard, this petitioner argued his status and poor health justified reducing his 33-month prison sentence. He took his case to the U.S. Supreme Court but, with the exception of Justice David Souter, he did not convince the court his case was meritorious.
A little-known bill pending on Congress could be the “mother lode” of bureaucracy for one small federal agency. State and local governments may not like more power being transferred to an agency in Washington but what they want may not make much of a difference.
Would you prefer to have your TSP money only being invested in “socially responsible” companies as defined by Congress or the TSP?
Your TSP funds did very well in May. Here are the results. What does the future hold? We should be at the end of a long bull market but some optimists see a very bright future for stocks.
The Court of Appeals for the District of Columbia Circuit has just issued a decision that gives DoD approval to proceed with the new labor relations structure by overturning a ruling of a lower court.
