5:29 am, July 13, 2014

FederalNewsRadio.com - Purpose of Comments statement Click to show

Hubbard Radio, LLC encourages site users to express their opinions by posting comments. Our goal is to maintain a civil dialogue in which readers feel comfortable. At times, the comment boards following articles, blog posts and other content can descend to personal attacks. Please do not engage in such behavior here. We encourage your thoughtful comments which:

  • Have a positive and constructive tone
  • Are on topic, clear and to-the-point
  • Are respectful toward others and their opinions

Hubbard Radio, LLC reserves the right to remove comments which do not conform to these criteria.

  • 29
       

  • More "Contributions" from Federal Employees
    Stack Rat
    ... and in other good news concerning Federal employees, the Washington Post reports today that the Administration's upcoming budget would "generate $200 billion in savings by scaling back farm subsidies and federal retiree payments, among other proposals." The Post doesn't elaborate as to what exactly "scaling back...federal retiree payments" means.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • More Contributions
    jst
    It would not surprise me if Federal Retiree Payments are cut. I would venture to guess one of the things that will most likely happen is Thrift Savings matching funds will go away. Along with that, I would imagine those who are already on Fed Retirement will be forced to take a cut in their monthly payments. All of this is pretty much predictable. The congressional linch mob is going to come after us (Feds) and it will not be voluntary. They are just going to take it!
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • TSP matching funds going away?
    contrarian
    If that happens I am done with TSP. That's the only reason I waste my money in a plan with no real fund options. 5 index funds does not make for a retirement plan.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • TSP is alright
    MDBBALL02
    Contrarian ... sounds like you are in need of financial planning assistance and guidance from a qualified financial manager if that's how you feel. I have been invested for 29 years in TSP and in the early years split my contributions 60-30 in the higher risk funds (C&S) and 10% in I ... sat like that for 20 years ... and did pretty nicely....now (last year) moved the nest egg into the 2030 fund with Congress' ineptitude showing. Since I only have 4 years to go, may move all to G soon. I have a pretty nice nest egg. If you invest the whole thing in one fund, you may not do as well as if you split it up. Get some investment advice from someone who knows what they are doing.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • U.S. Currency Default
    Mc
    If I had listened to the so-called professional's (none of whom called the 2007 credit crisis) I'd have made a lot less money than I did in 2008. You're going to be so surprised and oh so angry with the coming U.S. currency default. It starts with Japan's devaluation. Hey! Japan just decided to monetize its debt! Before four years are up, you will have lost everything. Sorry, just the truth.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Banks
    Mc
    Agree re the Congress coming after the Feds, but its the Banking lynch (not linch) mob that controls the Congress. Contrarian, I already reduced my input to the TSP to what they match. That way you won't lose so much when this house of banking cards comes crashing down in a U.S. dollar currency devaluation. I'm pretty sure the nice people in Cyprus thought their money was safe in their banks - until last week.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • It is almost an assumed given that as long as
    wisenekt
    sequestration remains around (1 year into a 10 year program), the federal pay freeze will remain around. I can see the grandstanding now, "How can we give federal workers a "cost of living adjustment" when budgets are being cut and agencies can no longer do their core mission?" Of course the next call will be to cut TSP matching contributions. After all, someone from the private sector will post that their matching contributions were cut for a year or two, right before they got a $20,000 bonus when the stock price rebound.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Explaining "scaling back" is Mike's job
    contrarian
    Frankly, Cheryl's right. I've been trying to add some humor to the subject as well, but this bunch, and I mean all of them, seem like the same bunch running Stockton or Detroit. Making your employees choose between rent and food is a horrible way to run a business or country.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • No humor
    Moderate
    I appreciate your attempt to inject humor, but there is none. The actions of the politicians and the influence of the public have encouraged me to strengthen my hand on retirement. it is financially senseless for me to stay. I am not the only "older" person with this idea. Next it will be the younger people without enough time vested to say the same thing.
    worker
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • The Seinfeld Question
    FERS Fed
    So, does "scaling back...federal retiree payments' mean federal payments to retirees, or payments to federal retirees? ..... Not that it matters, feds are screwed (yet again) either way.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Don't You Worry
    Rob
    The president is about to show his true solidarity with federal employees when he releases his 2014 budget next week. He's really going out on a limb with his 2014 raise recommendation; A WHOPPING 1%. Can you say BOOYAH? I wonder how much longer the Kool-Aid drinking liberals are going to keep making excuses for this guy. My guess is another 4 years.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Get real Rob
    Moderate
    Comeon, Rob. Get serious. Look at what your radical right Republican collegues are offering. Then rational people can truly say Obama is a friend. Remember, it is your collegues who took away the "generous 1/2% raise. So, what do you think will happen to the 1% raise?
    worker
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Come on now!
    Mc
    Come on now! Its all good as long as the Federal Reserve gives Goldman Sachs, Bank of American, JP Morgan Chase, etc, their 85 billion dollars each month, right? Why is it you never hear this fact in the media? Its right on the Fed's website.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • More
    Moderate
    It appears the politicians will scale back our retirement increases from the present system to link chain. That stinks, but...They are not cutting back the match. They will mandate that government employees pay more into the defined benefit plan. Glad I will be out of this. Contrarian, I assume you are a better investor than me, but stay in as long as they have the match.
    worker
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • More Contributions
    vetdude
    While federal workers' wallets continue to get hammered, the President's daughter Malia, 12 of her friends and 25 Secret Service agents take two jets to the Bahamas for Spring Break, all on the taxpayers' dime. http://www.breitbart.com/Big-Government/2013/03/26/Exclusive-Judicial-Watch-investigating-cost-of-Sasha-Malia-Bahamas-trip
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Breitbart?!?
    Jerry A.
    That's not a news source, that's an alien-baby level gossip tabloid. It's news value is somewhere between any Murdoch-owned publication and bird cage liner.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Oh for Pete's Sake!!
    dancermommd
    The Huffington Post, NY Times, The Atlantic Wire and Yahoo News all reported on their Bahamas vacation. No one would deny the girls vacation time however when they take along friends and then need more secret service to go along with it all without parental supervision is appalling. I am looking at a 20% pay cut and there are lots of people still out of a job. We can't afford to pay for White House tours for the kids that come to DC on spring break yet we can send these kids with their entourage to the Bahamas and then skiing? Please, one of their trips would easily pay for the tours. President Obama has shown quite well that we are not "all in this together" since they haven't given up anything. Try sequestering a vacation or concert. Maybe you should try not calling names and look at the facts or better yet, research it yourself. I don't read Breitbart often but I certainly haven't seen anything about alien babies when I have read it.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Givebacks
    Moderate
    He is giving up 5% of his pay for a year. Most in Congress do not appear to be doing anything.
    worker
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • oh, poor Barry
    joeschmuckatelli
    The president makes $400,000 a year. In addition, he is provided living quarters on Pennsylvania Avenue. Dear Leader also gets a $50,000 expense account and an additional $100,000 for travel, which he continuously blows out. If this "gesture" makes you feel better then you need to make another pitcher of Kool Aid.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Comeon Joe
    Moderate
    The President does not have to give up a thing. He is voluntarily giving up $20,000. How many in Congress from either party are doing that. He needs the living quarters to do business. Additionally, the travel and expenses are for his job and not personal expenses. Do you know whether the claimed expenses are reviewed to make sure they are legitimate? I know mine are, but they are and have been minimal.
    worker
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Get your facts straight
    Moderate
    Your cite is from a"conservative" supposedly independent organization. The article you read does not account for the fact that the writer does not have all of the facts. It is unknown what obama paid for and what the government pays for. For example, we must agree that the children must have secret service protection. That must be paid for by the government. Can you prove that the parents of the children did not pay for the vacation?
    worker
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • worker bee
    Mc
    You're a worker who's getting screwed no matter what party you vote for.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Exactly
    contrarian
    Until they get their act together, it's foolish to vote for ANY incumbent.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Not really
    Moderate
    Why? Did you say that when Bush ran for a second term? How about when Bush 1 (a decent President) ran? How about when Reagan ran for a second term? If any nof your reps are Republican, will you vote Democratic?---A better idea is to evaluate the 2 or more candidates for the office and make a decision based on your point of view.
    worker
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Chained Inflation Rate
    ben
    I suspect the cut to retirement is a change to the chained inflation rate. Its already been suggested to be applied to military retirement and disability, as well as social security.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Seriously?!?
    Lifer
    We, as employees, can't get our management to tell us what the heck is going on with sequestration and for some reason you think they would tell Mike?!? And just how long do you think THAT article would be since he would have to interview every head of every fed agency out there and you know that each one would have a different answer. I don't think the server could handle the length of THAT article! Hang in there Mike, just put some aloe on the area she spanked.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Reducing my retirement payment? I hope not. When do contractors get a hit?
    Honest Broker
    I recently retired to avoid all the new deductions and Fed bashing, but I knew the Washington crowd could go after my check. My retirement check is less than 1/3 of my original salary, so any cuts would be painful. Because of my clearance and skills, I have received several invitations from prime contractors for my resume to put on a new proposal. Apparently, the cuts are not kicking in for them. Any way we can fire those guys up on Capitol Hill?
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • When do contractors get a hit?
    hope77
    Now, they are getting laid off.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }