5:35 am, April 27, 2015

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  • Worked in Kuwait
    deployed decoy
    About the time the first indication of trouble in Egypt hit. Kuwait (the Amir) made the proclamation that every Kuwaiti would receive 1,000 KD ($3,600). Now know every Kuwaiti excluded about a half million Bedons (stateless legal residents) and, the two million or so slaves that make $200 a month picking up the garbage real Kuwaitis toss around (knowing slaves will gladly pick it up as part of job security). Now this windfall was handed to the man of the house (the guy with keys to the gun cabinet), be it the husband or father. Say a husband with his customary 3 wives and 8 kids, he got $43,200 to be a good boy. Easy to buy off the masses in Kuwait and quell any uprising before it starts… We wont discuss how all these same men, eldest sons and maybe favorite wife all headed to casinos of Bahrain in 1991, leaving women to form what little resistance brigades sprung up before American bombed Iraq out, that had everything to do with human rights and nothing to do with oil. This same man gets about a quarter million dollars when his first wife is Kuwaiti, they produce one pure bred kid and he turns 35. I ask again what is the heck the world is doing saving this CHOICE of a life style in Egypt or any place in this stuck in the middle ages to maybe 1962 America landscape.
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  • Well, DD....
    FERS Fed
    ...what's your alternative proposal? Let the religious fanatics take over another Middle East oil-producing country and deny oil to the West? What do you think would happen to the price of gas? Would you still be to afford to drive your beloved 4WD and live a hundred miles from nowhere in Idaho?
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  • gas at $8
    deployed decoy
    Gas is $8 in Germany at 160MPH, not real good mileage and life goes on. My Subaru gets 28MPG and with studs can climb a 100% slope snow cover river town street... The cost of Fuel Air explosives would go up. But use of those a fraction of the cost of just one contract over here. My alternative, leave them to kill each other off and use the most powerful none NUC on the planet on the ones that we know are the worst. Yep gas would go up. The USA would survive and just maybe the rest of the world would start to show some respect since we now condone slavery, human trafficking and buy off dictators to meet our needs.
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  • "...we now condone slavery, human trafficking and buy off dictators..."?
    FERS Fed
    Better us than the ChiComs, DD. As for your Subaru that "...with studs can climb a 100% slope (!!!) snow cover river town street", you might want to layoff whatever you've been smoking. I hear the Q8is take a dim view of that sort of behavior.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • studs work
    deployed decoy
    For 8 years I lived 800 vertical feet above the state Hwy in Idaho. Over a 1.6 mile gravel snow packed road with ZERO sand or gravel on top. Most of that drop was on one hill with a 180 degree switch back in the middle about a 1/2 mile long total. It dropped off the rest of the 500 feet to the river on the U turn. I needed to chain up my 4x4 pickup all the way around some mornings to make this section of road. The Subaru with studs would take this like a NASCAR track and pass all the fools hanging over the abyss with no chains on, because the Hwy was dry and clear... To lazy apparently to get down the hill safely. I made a mistake above. Most cars in Germany are limited to 155MPH (250KMH). I had mine re-chipped and never knew how fast it would really go as the speedometer ended at 160MPH. Even at that, my BMW hitting the on ramp at 45MPH and the autobahn right lane 150 meters later at 125MPH in 4th gear got 24MPG, moving to 6th gear and escape velocity of the left lane. Course in Germany unlike DC they make the highways and laws safe for travel.
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  • Feds Up The River: Nile or Potomac Style
    Celtic Wolf
    We enter wars or conflicts citing humanitarian causes. Yet, the general public or the well read, know that it is for financial gain. (recall Vietnam and the oil in the Gulf off the coast - DaNang, and then think of today and the Middle East). Today our politicians are talking freezes and worse and citing the "poor return on federal government" -- that is we (federal employees) are not worth what they are paying us. Let us all be honest now, the US is in dire straits; it will be still 2-3 years before we economically rebound (2015?). Someone has to pay (money is going to the war and other initiatives like federal grants determining that if you started on solid food at the age of 3 months you will be obese in later life). Well, all said, we as federal employees will continue to be subjected as the female slaves in Spartacus (on Starz network) are each week -- that is raped, defaced, and sold to the highest bidder.
    Celtic Wolf
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  • Strategic Plan to Maintain COLA
    Tom McKinney
    Active and Retired Federal Employees must work with the Replubican Study Group. But first, we need to prepare a strategic plan. (Maintaining the COLA for retirees is our most important objective). We may have to negotiate on other items and take a "hit"--but an ever rising inflation rate is knocking on our door. I am willing to work on an Action Plan. Contact me thru Mike Causey. Thank you for your service. I will be in Wash, DC the first weekend in March. Tom McKinney, Dunwoody, Georgia
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Most important priority?
    contrarian
    Is COLA for retirees? I didn't see that one coming. Seems like maybe we should make a list of priorities and then start ordering them. What does it means when every priority is number 1?
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  • Yeah, that's a pretty differnt tune....
    FERS Fed
    ...Mr. McKinney is singing today than a couple of weeks ago when he was volunteering 10% of all current and future federal retirees' pensions for deficit reduction.   Hey, Mr. McKinney, did you ever send that $6,500 from YOUR pension to the Treasury Department's Bureau of Public Debt to help reduce the U.S. deficit?
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • The 10 percent reduction is a
    Tom McKinney
    negotiationing tool--to retain the COLA's and retain the employees portion paid for health insurance premiums.---------If inflation heats up--like in the late 1970's and early 1980's--we will recoup that 10 percent reduction in a short time period. Laws can change--and the COLA's could be on the chopping block as well as an increase to the employees contribution for health insurance.__________Retired Federal Employees have no leverage. If you have any other ideas--I am listening. Thank you for your service. Tom McKinney, Dunwoody, Georgia
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  • "The 10 percent reduction is a negotiationing tool"?
    FERS Fed
    Mr. McKinney, Following in it's entirety is your January 18 posting to which I refer above. Setting aside the question of who empowered you to negotiate on behalf of current/future federal retirees, your posting makes NO MENTION of this being a negotiating tool. It is an outright call for federal retirees to take a 10% pension cut and apply the 'savings' to their retirement systems' unfunded liabilities to help reduce the Federal budget deficit. Frankly, I have to call into question the negotiating sense and skills of someone who would propose to take a definite 10% cut in pensions, to be felt year after year, in order to retain annual 1%-2% COLAs, which may or may not materialize, on the unlikely possibility that inflation may heat up like it did in the 1970's and early 1980's. If you are listening, here's my idea -- listen more, propose less...a lot less. Thanks. "The 2.1 million retired federal civil service retirees under the CSRS retirement system could step up to the plate and become part of the solution and not part of the problem. Here are the facts: (i) In FY 2010, the U.S. OPM disbursed $63 Billion to CSRS retirement system retirees. (Source: www.opm.gov/gpra--FY 2010 Agency Financial Report, page 64). (ii) On 27 Sep 2010 the U.S. OPM reported the following: "The CSRS retirement system had an unfunded liability of $356.45 Billion as of Sep 30, 2009". Futhermore, OPM reported: "The unfunded liability increased because the present value of future benefits continues to grow while the value of the Fund has decreased, due to annual CSRS outlays exceeding CSRS funding income and interest earnings. The increase in unfunded liability results in an increase in the payment of 5 percent interest on this unfunded liability". (Source: Director, U.S. OPM letter to The Honorable Timothy F. Geithner. Secretary of the Treasurer--letter dated Sep 27, 2010).-------Therefore, CSRS retirees chould be "leaders" and put forth a plan to help reduce the Federal budget deficit by taking a 10 percent pension cut and applying the $6.3 Billion to help reduce our CSRS unfunded liability.-------We should follow U.S. State Governors who are stepping up to the plate to cut state spending. For example, the Governor of South Dakota has volunteered to cut his annual salary from $115,331 to $98,000. (Source: The New York Times, 17 January 2011, page A1). Your comments and recommendations are appreciated. Tom McKinney, Dunwoody, Georgia"
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  • Thank you for your comments and challenge.
    Tom McKinney
    Let us have this conversation 5 years down the road in 2016 and see what the actual inflation rate happens to be. At 2 percent per year X 5 years, your estimate total will be 10 percent. Based on my research, I estimate the inflation rate total for those 5 years will be 30 percent (6% X 5 years). Here is my challenge: Whoever is closest to the actual inflation rate--wins. Then, the loser will host a black-tie event honoring Mike Causey's service.................Thank you for your service, FERS Fed. Tom McKinney, Dunwoody, Georgia
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  • Inflattion
    Moderate
    No Mr. McKinney, I will not bet on anything. I do not do that. Even though you radical rightists like to make these grandiose assertions without any basis in fact, you still have no clue about future inflation. I will agree with you that government deficits can affect inflation. However, other factors unknown can also affect inflation.--------------------------------------------------------------------------------------- Look at the Reagan years with its large deficits. Inflation came down. Look at George Bush Jr. years with its large deficits. Inflation did not run away. So you cannot say what inflation will be. Neither can I. You said based on your research... What research? Be specific.---------------------------------------------------------------- You make another comment about recovering the 10% sacrifice. That is totally incorrect for 2 reasons. Obviously, the COLA is based on the reduced amount of the pension. To recover the 10% reduction of the higher amount will require about an 11.1% COLA. The second item is the purpose of the COLA. The COLA is based on stated inflation (CPI I guess) Thus, any COLA you get only allows you to allegedly keep your purchasing power. thus, you will never recover the 10% reduction in your pension.------------------------------------------------------------------- We already have health benefits. We already have a COLA. Aren't these items and the rates set up law and regulation. Why negotiate with the Repubs who only control the House?
    worker
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  • This was a challenge--not a bet..
    Tom McKinney
    that inflation will heat up. Research is based on past performance of the Treasury Security market. Buyers of Treasuries will demand higher interest rates. You are correct with the 11.1% COLA! Good catch!--but I am sticking with the 30% increase over the next 5 years..................Speaking about Health Benefits--we are blessed--the U.S. Government already spends about $10 Billion a year for Active Federal Employees Health Insurance premiums--and--about $10 Billion a year for Retired Federal Employees Health Insurance premiums. (Employer pays about 72% and the employee pays about 28%). Thank you U.S.G.!!! Tom McKinney, Dunwoody, Georgia
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  • Response to Tom
    Moderate
    Of course inflation will heat up. There is no inflation. Therefore, 1% inflation is "heating up". You studied previous treasury activity. However, that is only one factor which can depend on what is going on and the philosophy of those who set the rates. Right now demand is low due to high unemployment and high underemployment. That is not supposed to come down to a reasonable level until 2015 or so. This will be sure to cut demand. See laws of supply and demand and the curves which intersect at some point depending on supply and demand. Also, remember that we will never recover the reduction because of the purchasing power remains reduced. See above comments.--------------------------------------I am aware of the maximum percentage paid by the government vs employee. This is part of my compensation. We are still 24% underpaid according to thr government paymaster.
    worker
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  • maintaining cola?
    Moderate
    Tom, Why is maintaining the cola for retirees the most important objective? Is that because you are a retiree? Don't you think that equalizing pay for current workers in the public and private sector is just as important as the COLA. (Note that I am an employee, but expect to retire some time in the not so distant future. I have been eligible for awhile.) Current employees think differently than you do.----------- Why do we have to negotiate on the other items and take the hit that you will not take. Note that the stated inflation rate (accurate or not) did not entitle you to any COLA.----------------------------------------------------------------------------------------- Why do we have to work with the Republican study group period? Why not the Democrats also? You sound like a Republican wolf who is trying to entice Democratic "sheep".------------------------------------------------------------------------- I have yet to look for you assetrtion that the Government is current on its contributions on a timely basis to the CSRS plan. I will do so when I have time.
    worker
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  • We must be ready to work with both
    Tom McKinney
    Dem's and Rep's. Truth be known--the Rep's are in power in the House! That is why we must work with them. ______The Government is current on it's 7 percent contribution to the CSRDF Trust Fund for the CSRS plan. The Government did contribute 7 percent and the employee contributed 7 percent. However, nobody contributed the other 11 percent that was necessary for the level of pensions we receive. The CSRS retirement plan had an (under) unfunded liability of $356.45 Billion, as of Sep 30, 2009. (My proposal is to help the Government reduce this unfunded liability). -------Tom McKinney, Dunwoody, Georgia
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  • To Tom
    Moderate
    The last time I heard the Dems control the Senate and the Whitehouse. I saw nothing in your initial statement about working with the Dems. Why only the Republicans? Your reply seems to now say that we must work with both.------------- Again, I will check for myself as to whether the government made the 7% contributions and made them on time. I did hear otherwise, but cannot rely on that because assertions mean nothing.--------------------------------------------------------- You did not respond to my other points. Does that mean you agree with them?
    worker
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  • During the last Depression in the 1930's..
    Tom McKinney
    ...Active Federal Employees took a 10 percent reduction in salaries and the Retired Federal Employees took a 10 percent reduction in their pensions (annuities). Active and Retired Federal Employees must set up to the plate and show leadership. We must cure the deficit on behalf of future generations. Currently, no one is showing leadership--on resolving our deficit and debt problem--except the 175-member Republican Study Committee. Therefore, they are the group we have to work with.-------What is your proposal? If your proposal is better than mine--I will defer to you. Thank you for your service. Tom McKinney, Dunwoody, Georgia
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  • Response to Tom McKinney
    Moderate
    We must cure the deficit? The deficit is trillions of dollars. Your suggestion will contribute how much...a few billion? Anyway, what is the cause of the deficit? Remember George 2 and his depression? We are using deficit spending to get out of his depression. Hopefully, once the economy is moving again, we can get surpluses as during the Clinton years. Additionally, did you come out for tremoving George's tax cuts for the wealthy? That would reduce the deficit much more than the 10% reduction for government workers. Additionalluy, the Republican study committee was not relevant in reducing the deficit. They opposed Obama's plan to remove Bush's tax cut for the wealthy. They want to reduce services for the middle class and the poor, but keep their benefits for the wealthy. so why negotiate with them? My proposal is to reduce or eliminate Bush's tax cuts for the wealthy. I agree that the $250000 threshhold is too low and the estate tax threshhold should be about where it is now with the same rates, but the concept will go much further to reduce the deficit than what you propose.
    worker
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  • To Moderate--you are correct that the FY 2011 deficit is..
    Tom McKinney
    forecast to be between $1.3 and $1.5 Trillion. (40 cents out of every dollar spent by U.S. Gov't is borrowed money) The 10% reduction in Retired Federal Employees pensions is just one peg in many, many holes. A strategic plan is needed, I need your help. What are your ideas? The national debt is $14.2 Trillion, as of Feb 2011. How much should the Debt Ceiling be raised? I just want to protect future generations from having to pay for our generations spending beyond our means. Thank you for your service.....Tom McKinney, Dunwoody, Georgia
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  • Our Compensation
    Moderate
    My suggestion is that we spend enough to get us out of the depression and get unemployment back to normal. Then we should run surpluses.--------------------------- We have already paid our dues. Our salaries are already 24% behind private industry. We cannot afford any more losses.
    worker
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