Welcome to TishTrek - THE JOB BLOG!
Don't let talking points rewrite the world's financial history!
Former Treasury Secretary Lawrence Summer's called the Winklesvoss Twins (those Facebook brats) A*&%% holes. Look who's talking considering Mr. Summers's lead role during the Clinton Presidency in the deregulation of derivatives contracts.
From Wikipedia on Google: "May 7, 1998, the Commodity Futures Trading Commission (CFTC) issued a Concept Release soliciting input from regulators, academics, and practitioners to determine "how best to maintain adequate regulatory safeguards without impairing the ability of the OTC (Over-the-counter) derivatives market to grow and the ability of U.S. entities to remain competitive in the global financial marketplace." [21]
On July 30, 1998, then-Deputy Secretary of the Treasury Summers testified before congress that "the parties to these kinds of contract are largely LARGELY SOPHISTICATED financial institutions that would appear to be EMINENTLY CAPABLE of protecting themselves from fraud and counterparty insolvencies." Summers, like Greenspan and Rubin who also opposed the concept release, offered no proof that the contracts would not be misused by financial institutions. Instead, Summers stated that "to date there has been no clear evidence of a need for additional regulation of the institutional OTC derivatives market, and we would submit that proponents of such regulation must bear the burden of demonstrating that need." [22]
This argument suggests that the default position in the disagreement was that Summers, Greenspan, and Rubin were right, and that anyone (i.e., Brooksley Born) who disagreed with them bore the burden of proving their position. In fact, subsequent events have proven that Summers, Rubin, and Greenspan misjudged the dangers posed by derivatives. contracts.
In 1999 Summers endorsed the Gramm-Leach-Bliley Act which removed the separation between investment and commercial banks, saying "With this bill, the American financial system takes a major step forward towards the 21st Century."[23]
The lack of regulation that allowed A.I.G. to sell hundreds of billions of dollars in credit default swaps on mortgage-backed securities was a direct result of efforts by the Treasury (first under Rubin and then under Summers), the Federal Reserve (under Greenspan), and the Securities and Exchange Commission (under Arthur Levitt) to deregulate the derivatives markets. The first response to the CFTC Concept Release was issued as a joint statement from Rubin, Greenspan, and Levitt who stated that they "have grave concerns about this action and its possible consequences." [24] Levitt and Greenspan have admitted that their views on this issue were mistaken. Levitt told WGBH in Boston that "I could have done much better. I could have made a difference." Greenspan told a congressional hearing that "I found a flaw ... in the model that I perceived is the critical functioning structure that defines how the world works." [25] [26] When George Stephanopoulos asked Summers about the financial crisis in an ABC interview on March 15, 2009, Summers replied that "there are a lot of terrible things that have happened in the last eighteen months, but what's happened at A.I.G. ... the way it was not regulated, the way no one was watching ... is outrageous."
At the 2005 Federal Reserve conference in Jackson Hole, Raghuram Rajan presented a paper called "Has Financial Development Made the World Riskier?" Rajan pointed to a number of potential problems with the financial developments of the past thirty years. [27] The problems that Rajan considers include skewed incentives of managers, herding behavior among traders, investment bankers, and hedge fund operators who suffer withdrawals if they under-perform the market. Rajan also discusses (on pp. 337–40) the problems associated with firms that "goose up returns" by taking risky positions that yield a "positive carry." This is how the infamous Joseph J. Cassano impressed his superiors at A.I.G. for a decade while sowing the destruction of the firm. [28] During the boom years of the housing market, the credit default swap contracts that A.I.G. Financial Products sold provided a stream of premium payments to the company with no expense stream. That's an example of what Rajan calls "goosing up returns" with latent risk. Rajan asks (on page 388) "If firms today implicitly are selling various kinds of default insurance to goose up returns, what happens if catastrophe strikes?" This is a fair question.
The flip side of the trade is equally problematic. Gregory Zuckerman in his book The Greatest Trade Ever about John Paulson's hedge fund recounts the difficulties that Paulson and others had holding on to their bets against the housing market. Even Paulson, whose timing couldn't have been better, spent a great deal of his time persuading investors to persist with the bet against the market. But month after month, millions of dollars were paid out on the credit default swap premia. The investors saw money spent and gone that could have been used to buy assets with rising prices, or at least held safely with a positive yield. As Rajan puts it (p. 338), "it takes a very brave investment manager with infinitely patient investors to fight the trend, even if the trend is a deviation from fundamental value."
Justin Lahart, writing in the Wall Street Journal in January 2009 about the response to Rajan's paper at the conference recounts that "former Treasury Secretary Lawrence Summers, famous among economists for his blistering attacks, told the audience he found 'the basic, slightly lead-eyed premise of [Mr. Rajan's] paper to be largely misguided.'"[29]
In a recent paper (on pages 285–87), Steven Gjerstad and Nobel laureate Vernon L. Smith describe more fully (1) the contribution of derivatives to the flow of mortgage funds that supported the housing bubble, (2) the concerns that Brooksley Born had raised about the dangers inherent in these contracts, (3) Summers's contribution to their deregulation, and (4) how these contracts precipitated the collapse of the financial system in 2007 and 2008. [30]
On April 18, 2010, in an interview on ABC's “This Week” program, Clinton said Summers was wrong in the advice he gave him not to regulate derivatives.[31]"
If we don't work to know our history, then history will surely repeat itself!
Tip for the DAY: If you're unemployed, force yourself to read @ least two hours a day!
Respectfully submitted,
TishTrek
Friday, July 29, 2011
Unemployment: Triple Dipping our way to 50% Benefits Who?
Welcome to TishTrek - THE JOB BLOG:
If you don't have a job, you really need to stop playing WOW and pay attention! If you don't research 'why' so many Americans are standing on the unemployment line, we'll never solve the root causes for this disaster... Here's another letter to the Wall Street Journal that was not published:
----- Original Message -----
From: Tish Ferguson
To: wsj.ltrs@wsj.com
Sent: Saturday, July 09, 2011 4:29 PM
Subject: Gold(man's) Finger: Russian Roulette & Jobs Double-Dip
Dear Editor,
Right after watching a recent Warren Buffet NPR interview on-line, I read your editorial "The Jobs Double-Dip" (July 9th). Obviously, the job numbers can't be "lagging indicators" if the U.S. is playing 'Russian Roulette' with the Debt Ceiling and 'Hide-&-Seek' with jobs.
Our nation has been under attack from inside the White House for over twenty years because leveling 'some' global economic playing field by undermining the U.S.'s financial health is a strategy, not an accidental down-turn. It's time to burst through these smoke-screens, job numbers and talking points to revive the toxic economic wasteland Mr. Buffet and Goldman Sachs helped create.
A 20-year corporate strategy executed by Goldman Sachs to make sure their executives had a systemic presence and financial decision authority in every facet of our government did the most damage to our country because it served to bolster the interests of Goldman's ultra high net worth customers and put the debts and failures of their company and counter-parties on the backs of our children and grandkids.
It's time for them to stop intentionally creating one ultra-urgent and contrived financial crisis after another which only serves to justify government action plans insisted on and executed by all the 'Goldman Guys' - Treasury & Fed Heads Rubin, Geithner et al - the nation's financial advisors to three U.S. Presidents - Clinton, Bush & Obama.
Throw Wall Street out of the 'People's House' or be prepared for a demoralizing 'Job Triple-Dip' like no other.
Respectfully submitted,
TishTrek
If you don't have a job, you really need to stop playing WOW and pay attention! If you don't research 'why' so many Americans are standing on the unemployment line, we'll never solve the root causes for this disaster... Here's another letter to the Wall Street Journal that was not published:
----- Original Message -----
From: Tish Ferguson
To: wsj.ltrs@wsj.com
Sent: Saturday, July 09, 2011 4:29 PM
Subject: Gold(man's) Finger: Russian Roulette & Jobs Double-Dip
Dear Editor,
Right after watching a recent Warren Buffet NPR interview on-line, I read your editorial "The Jobs Double-Dip" (July 9th). Obviously, the job numbers can't be "lagging indicators" if the U.S. is playing 'Russian Roulette' with the Debt Ceiling and 'Hide-&-Seek' with jobs.
Our nation has been under attack from inside the White House for over twenty years because leveling 'some' global economic playing field by undermining the U.S.'s financial health is a strategy, not an accidental down-turn. It's time to burst through these smoke-screens, job numbers and talking points to revive the toxic economic wasteland Mr. Buffet and Goldman Sachs helped create.
A 20-year corporate strategy executed by Goldman Sachs to make sure their executives had a systemic presence and financial decision authority in every facet of our government did the most damage to our country because it served to bolster the interests of Goldman's ultra high net worth customers and put the debts and failures of their company and counter-parties on the backs of our children and grandkids.
It's time for them to stop intentionally creating one ultra-urgent and contrived financial crisis after another which only serves to justify government action plans insisted on and executed by all the 'Goldman Guys' - Treasury & Fed Heads Rubin, Geithner et al - the nation's financial advisors to three U.S. Presidents - Clinton, Bush & Obama.
Throw Wall Street out of the 'People's House' or be prepared for a demoralizing 'Job Triple-Dip' like no other.
Respectfully submitted,
TishTrek
Debt Ceiling Scare = Zero Leadership
Welcome to TishTrek - THE JOB BLOG!!
Elected officials yell JOB #'s & CORPORATE JETS in crowded theaters to divert our attention away from the fact that our great country is fighting an economic tsunami compliments of ZERO leadership in Washington DC; a "You Make It, We Take It" assault on citizens wallets; AND an anti-U.S. biz agenda complete with legislation & obscene corp tax rates. Voters understand what's happening... We get it, so vile attacks on our nation's corporate jet owners & the PR wars using unreliable Job Claims Data (always 'revised' per CNBC) won't work anymore. Voters have finally stripped aircraft and contrived Job Data of all its clout & power in our national debate. - Tish
"CNBC Mention about Claims Data - what do you think??" Landcolttrading.typepad.com
Curious--how are you feeling about first time jobless claims breaking below 400k, or do you really give a damn?! Probably the latter. But, someone has to talk about it. Go to Landcolt Trading for the article from July 28th on CNBC.com with quotes from...
Best regards,
TishTrek
Elected officials yell JOB #'s & CORPORATE JETS in crowded theaters to divert our attention away from the fact that our great country is fighting an economic tsunami compliments of ZERO leadership in Washington DC; a "You Make It, We Take It" assault on citizens wallets; AND an anti-U.S. biz agenda complete with legislation & obscene corp tax rates. Voters understand what's happening... We get it, so vile attacks on our nation's corporate jet owners & the PR wars using unreliable Job Claims Data (always 'revised' per CNBC) won't work anymore. Voters have finally stripped aircraft and contrived Job Data of all its clout & power in our national debate. - Tish
"CNBC Mention about Claims Data - what do you think??" Landcolttrading.typepad.com
Curious--how are you feeling about first time jobless claims breaking below 400k, or do you really give a damn?! Probably the latter. But, someone has to talk about it. Go to Landcolt Trading for the article from July 28th on CNBC.com with quotes from...
Best regards,
TishTrek
Tuesday, July 26, 2011
9/11 10th Anniversary Question: How could you?
Welcome to TishTrek - THE JOB BLOG!
The 10th Anniversary of 9/11 is almost upon us. I have a couple burning questions that need answers. Sometimes these questions keep me up at night...
The Elected politicians & business people who created & drove the Mortgage Bubble/ CDO/ Subprime/ Counterparty scheme(s) for personal gain ramped up these clandestine activities before, DURING & AFTER 9/11.
Who follows through with such an agenda after fellow citizens are murdered in the name of freedom next door to their offices?
How come you didn't stop as surviving colleagues in mourning paralyzed with fear & protected by National Guardsmen bravely took sooty Wall Street - covered in WTC debris - by storm so their country could rebound quickly from the 'enormity of horror' they witnessed 1st hand?
Without business integrity, you are nothing. My trek to find leaders who operate with Leader Behaviors will never end... Not ever.
Respectfully submitted,
TishTrek
The 10th Anniversary of 9/11 is almost upon us. I have a couple burning questions that need answers. Sometimes these questions keep me up at night...
The Elected politicians & business people who created & drove the Mortgage Bubble/ CDO/ Subprime/ Counterparty scheme(s) for personal gain ramped up these clandestine activities before, DURING & AFTER 9/11.
Who follows through with such an agenda after fellow citizens are murdered in the name of freedom next door to their offices?
How come you didn't stop as surviving colleagues in mourning paralyzed with fear & protected by National Guardsmen bravely took sooty Wall Street - covered in WTC debris - by storm so their country could rebound quickly from the 'enormity of horror' they witnessed 1st hand?
Without business integrity, you are nothing. My trek to find leaders who operate with Leader Behaviors will never end... Not ever.
Respectfully submitted,
TishTrek
'Aftershock' & Our Man-Made Economic Tsunami!
Welcome To TishTrek - THE JOB BLOG!
Oh boy... Maybe it's time to send all the elected and appointed officials in Washington DC home. The rancorous U.S. Debt Ceiling talks amount to a contrived media frenzie designed to divert the public's attention away from our man-made Economic Tsunami!! -Tish
HELP WANTED: 30-something LEADERS with the guts, strength & skills to take charge of their own future!!
It's NOT light reading for the beach, but I challenge everyone to read 'Aftershock' by authors Robert & David Wiedemer & Cindy Spitzer. "Aftershock makes a compelling argument for a chilling conclusion. Their track record demands our attention." —Sam Stovall, Chief Investment Strategist, Standard & Poor's. "Their scenario is dark, and their strategies bold and unconventional. But after being on target the last time they went against the grain, the Wiedemers merit being heard out." —The AP.
HELP WANTED: 30-something LEADERS with the guts, strength & skills to take charge of their own future!! The citizens of the United States of America need you!!
Best regards,
TishTrek
Oh boy... Maybe it's time to send all the elected and appointed officials in Washington DC home. The rancorous U.S. Debt Ceiling talks amount to a contrived media frenzie designed to divert the public's attention away from our man-made Economic Tsunami!! -Tish
HELP WANTED: 30-something LEADERS with the guts, strength & skills to take charge of their own future!!
It's NOT light reading for the beach, but I challenge everyone to read 'Aftershock' by authors Robert & David Wiedemer & Cindy Spitzer. "Aftershock makes a compelling argument for a chilling conclusion. Their track record demands our attention." —Sam Stovall, Chief Investment Strategist, Standard & Poor's. "Their scenario is dark, and their strategies bold and unconventional. But after being on target the last time they went against the grain, the Wiedemers merit being heard out." —The AP.
HELP WANTED: 30-something LEADERS with the guts, strength & skills to take charge of their own future!! The citizens of the United States of America need you!!
Best regards,
TishTrek
Friday, July 15, 2011
Unemployed? Go to: www.usajobs.gov!!!
Welcome To TishTrek - THE JOB BLOG!!
Tip for the unemployed both experienced professionals AND college graduates! Go to www.usajobs.gov - This is a serious college graduate alert! The Department of Defense, Veteran's Administration, Dept of Navy and the list goes on...are looking for top notch candidates NOW!! Comprehensive benefits packages include - in part - paid vacation, sick leave, holidays and a 401K-type retirement plan. The 'acquisition of knowledge' is a lifetime commitment & requirement for civilians inside the government, so you'll enjoy unprecedented & challenging higher education & technical certification programs throughout your career. Good luck!
Position for an ACCOUNTANT with the U.S. Navy @ Lakehurst, New Jersey! More where this one came from @ www.usajobs.com! Get the word out! You and your friends will not see the thousands of civilian government job opportunities available on the popular Internet Job Boards such as Monster, Careerbuilder, Sixfigures.com, etc....
Job Title: Accountant
Department: Department Of The Navy
Agency: Naval Education and Training Command
Job Announcement Number: SE1-0510-07-M3502569-DE
SALARY RANGE: $43,738.00 - $56,863.00 /year
OPEN PERIOD: Wednesday, July 13, 2011 to Friday, July 15, 2011
SERIES & GRADE: GS-0510-07
POSITION INFORMATION: Full Time Career/Career Conditional
PROMOTION POTENTIAL: 11
DUTY LOCATIONS: 1 vacancy - Lakehurst, NJ
WHO MAY BE CONSIDERED: United States Citizens
JOB SUMMARY:
As a civilian Department of the Navy employee, you won't just have a job; you'll make important contributions by supporting your Navy and Marine Corps military colleagues and serving our Nation. Our salaries are competitive with those of other civilian employers and our exceptional benefits programs are focused on your well-being both on and off the job, now and in the future. Consider the possibilities and find your Department of the Navy civilian career today!
Discover a civilian career with the U.S. Department of the Navy that is filled with possibilities and be a part of something that makes a difference for you, the country, and the world. Great Benefits Package: paid vacation, sick days, holidays, health and life insurance, and an excellent retirement package
The Department of the Navy (DON) is more than ships, aircraft, and sailors; it is over 181,000 civilian employees at Navy and Marine Corps commands, bases, stations and facilities throughout the U.S. and around the world.
It requires a highly trained, educated and skilled workforce to support today's sophisticated Navy and Marine Corps ships, aircraft, weapon systems and computer systems. Over 41,000 professionals perform "cradle to grave" management of highly technical systems, equipment, facilities, supplies and services.
Individuals will be placed in the Financial Management Career Program (FCMP). The FCMP is a structured management-training program including formal education, diverse rotational assignments, and extensive on-the-job training. These positions are located throughout the U.S.
The position is a promotion potential to GS-11. If selected below the full performance level, incumbent may be non-competitively promoted to the next higher grade level after meeting all regulatory requirements, and upon the recommendation of management. Promotion is neither implied nor guaranteed.
WHO MAY APPLY: U.S. Citizens and Nationals (those who owe their Allegiances to the United States).
KEY REQUIREMENTS:
You must be a US Citizen or National.
Suitable for Federal Employment
Additional vacancies may be filled by this announcement.
College transcripts must be submitted as proof of claimed education.
Duties
Additional Duty Location Info:
1 vacancy - Lakehurst, NJ
Examining information to identify and resolve financial and accounting problems to reconcile accounts or other financial records.
Reviewing reports, documents, records, data, or other material to verify completeness, correctness, consistency, compliance or authenticity.
Identifying accounting errors and recommending action to adjust.
Examining accounting documents and summary records to determine proper application of regulatory requirements, standards or procedures.
Processing, recording, and analyzing financial transactions or information using computer systems or applications.
Communicating accounting and financial matters to customers.
Qualifications and Evaluations
QUALIFICATIONS REQUIRED:
In order to qualify for this position, your resume must provide sufficient experience and/or education, knowledge skills and abilities to perform the duties of the specific position for which you are being considered. Your resume is the key means we have for evaluating your skills, knowledge, and abilities as they relate to this position. Therefore, we encourage you to submit a thorough resume that directly relates to this position.
Basic Requirements-
A. Degree: accounting; or a degree in a related field such as business administration, finance, or public administration that included or was supplemented by 24 semester hours in accounting. The 24 hours may include up to 6 hours of credit in business law. (The term "accounting" means "accounting and/or auditing" in this standard. Similarly, "accountant" should be interpreted, generally, as "accountant and/or auditor.") OR
B. Combination of education and experience -- at least 4 years of experience in accounting, or an equivalent combination of accounting experience, college-level education, and training that provided professional accounting knowledge. The applicant's background must also include one of the following:
1. Twenty-four semester hours in accounting or auditing courses of appropriate type and quality. This can include up to 6 hours of business law;
2. A certificate as Certified Public Accountant or a Certified Internal Auditor, obtained through written examination; or
Completion of the requirements for a degree that included substantial course work in accounting or auditing, e.g., 15 semester hours, but that does not fully satisfy the 24-semester-hour requirement of paragraph A, provided that (a) the applicant has successfully worked at the full-performance level in accounting, auditing, or a related field, e.g., valuation engineering or financial institution examining; (b) a panel of at least two higher level professional accountants or auditors has determined that the applicant has demonstrated a good knowledge of accounting and of related and underlying fields that equals in breadth, depth, currency, and level of advancement that which is normally associated with successful completion of the 4-year course of study described in paragraph A; and (c) except for literal nonconformance to the requirement of 24 semester hours in accounting, the applicant's education, training, and experience fully meet the specified requirements.
In order to qualify for this position, your resume must demonstrate at least one year of specialized experience at or equivalent to the GS-05 grade level or pay band in the Federal service or equivalent experience in the private or public sector. Specialized experience is defined as operating accounting systems to analyze and record revenues, costs, financial liabilities, and assets; interpreting accounting data, records and reports concerning financial management matters, and assessing accounting processes and systems. Or
A degree that meets the requirements through one of the following methods, no more than 10% of academic credit can be based on pass/fail or similar non-traditional grading systems.
· 2.95 GPA overall or higher in last 2 years (= or less than 10% Pass/Fail)
· 3.45 GPA or higher in major or last 2 years in major (=or less than 10% Pass/Fail)
· Upper 1/3 ranking in graduating class (you must submit proof with your application)
· National Scholastic Honor Society. Membership in a freshman honor society cannot be used to meet the requirements of this provision. (you must submit proof with your application)
To qualify for this position, your resume must show sufficient experience and/or education, knowledge, skills, and abilities to perform the duties of the position for which you are being considered. Qualifying experience may be obtained in the private or public sectors.
NOTE: APPLICANTS QUALIFYING BASED ON EDUCATION OR A COMBINATION OF EDUCATION AND EXPERIENCE MUST SUBMIT A COMPLETE COPY OF THEIR TRANSCRIPTS. DEGREE AUDITS ARE NOT AN ACCEPTABLE SUBSTITUE FOR OFFICAL/UNOFFICAL TRANSCRIPTS. You may submit your transcripts through the "Application Manager" or by fax. This is the only method in which transcripts can be submitted. Failure to provide this information may result in an ineligible rating. (Faxing instructions may be found under the "How to Apply" section.) All qualification requirements, including completion of college degrees, must be met at the time of application. See OPM's General Policies for information on crediting education.
Education completed in foreign colleges or universities may be used to meet the qualification requirements if the applicant can provide documentation indicating that the foreign education is comparable to that received in an accredited educational institution in the United States. It is the responsibility of the applicant to provide such evidence when applying for further information, visit: http://www.ed.gov/about/offices/list/ous/international/usnei/us/edlite-visitus-forrecog.html
As part of the application process, applicants will be required to complete and submit an occupational questionnaire. To preview this questionnaire and determine if your experience matches the skills required for this position, click the following link: Online Questionnaire
Please read and follow the How to Apply section of this announcement to submit your application.
SPECIAL REQUIREMENTS:
A Secret security clearance is a requirement of this position. Failure to obtain and maintain the required level of clearance may result in the withdrawal of a position offer or removal. If you possess a security clearance, please indicate the level and termination date in your resume.
Selectee may be required to successfully complete a probationary period. Applicants will be required to sign a mobility agreement upon acceptance of position. Failure to agree to mobility agreement will result in revocation of a position offer.
A 40 hour work week is typical for this position.
A tentative offer of employment will be rescinded if the selectee fails to meet the pre-employment requirements, including failure to report to any of the scheduled appointments.
Important Notes: Application procedures are specific to this vacancy announcement. Please read all the instructions carefully. Failure to follow the instructions may result in your not being considered for this position.
HOW YOU WILL BE EVALUATED:
When the application process is complete, your application will be reviewed to determine if you meet the hiring eligibility and qualification requirements listed in this announcement. You will be rated based on the information provided in your resume and responses to the questionnaire, along with your supporting documentation to determine your level of knowledge, skill and ability related to the job requirements.
Your qualifications will be evaluated on the basis of your level of knowledge, skills, abilities in the following areas.
Knowledge of generally accepted accounting principles and standards.
Knowledge of mathematical techniques to review financial data and solve problems.
Skill in the use of basic office computer software programs.
Ability to effectively communicate both orally and in writing.
You will be rated under Category Rating procedures based on the extent to which your experience meets the Knowledge, Skills and Abilities for the position and rated as shown below. Additional points are not added for veterans' preference; however, preference is still applied. Applicants eligible for veteran's preference will receive selection priority over non-veterans. If you meet the qualification requirements, your application will be placed in one of three categories:
Best Qualified- Candidates in this category possess exceptional skills and experience to exceed will above the minimum requirements for announced position.
Highly Qualified- Candidates in this category possess good skills and experience above the minimum requirements for announced position.
Qualified - Candidates in this category meet the minimum experience requirements for announced position.
If, after reviewing your resume and supporting documentation, a determination is made that you inflated your qualifications and/or experience your score may be adjusted to more accurately reflect your abilities or you may be found ineligible/not qualified.
Benefits and Other Info
BENEFITS:
Department of the Navy offers a comprehensive benefits package that includes, in part, paid vacation, sick leave, holidays and a 401K-type retirement plan.
OTHER INFORMATION:
This Position is subject to Department of Defense Priority Placement Program.
Military Spouse Preference (MSP): If you are the spouse of an active duty military member, then you may be eligible for MSP. To be eligible you: (1) must have been married to your military sponsor prior to reporting to the new duty assignment; and, (2) must have accompanied your military sponsor on a Permanent Change in Station (PCS) move; and, (3) the position for which you are applying must be within the commuting area of your military sponsor's new permanent duty station.
MSP applies if you are ranked among the "best qualified" for this vacancy, and the list established from this announcement is used to fill the vacancy. To be rated "best qualified", MSP applicants must attain an eligibility rating on this examination of 80 or higher, not including points for veteran's preference. MSP does not apply, however, when preference would violate statutes or regulations on veteran's preference or nepotism. You must request MSP by submitting a copy of your military sponsor's PCS orders.
Veterans Information : http://www.usajobs.gov/vi If you are claiming a 5-point preference you must submit a copy of your DD-214, which includes character of service or a Statement of Service/Proof of Service, which includes service dates, nature of separation and character of service. You can access to your DD-214 here.
If you are claiming a 10-point preference you must submit a copy of your DD-214, which includes character of service, your Disability Letter indicating the percentage of your disability and the SF-15 (Application for 10-point preference), which can be obtained here .
NOTE : You will not receive veteran's preference for this announcement if you fail to provide any of the documents mentioned above.
Federal annuitant information: https://chart.donhr.navy.mil/info/FedCivAnnuitants.pdf
Important information about employment of annuitants.
ICTAP Applicants: ICTAP applicants must be well qualified for the position to receive consideration for special priority selection and must attain an eligibility rating on this examination of 85 or higher, not including points for veteran's preference. http://www.public.navy.mil/donhr/Employment/CivJobOpps/Documents/ICTAP_Statement.pdf
Selectee is required to participate in the Department of Defense direct deposit of pay program.
Males born after December 31, 1959 will be required to certify that they have registered with the Selective Service System. If you fail to do so, you will be required to certify that you did not knowingly and willfully fail to register. This requirement must be met before you can be appointed to this position.
How To Apply
HOW TO APPLY:
To begin the process, click the Apply Online button to create an account or log in to your existing USAJOBS account. Follow the prompts to complete the occupational questionnaire. Please ensure you click the Submit My Answers button at the end of the process.
Note: To check the status of your application or return to a previous or incomplete application, log into your USAJOBS account, select Application Status, and click on the More Information link under the application status for this position.
REQUIRED DOCUMENTS:
The following documents are required (copies are sufficient):
Resume showing relevant experience (cover letter optional)
Completed assessment questionnaire (part of the online application)
SF-50, Notification of Personnel Action (for current or former Federal employees). DOD employees can access their SF-50 at: My Biz
ICTAP documentation (if claiming ICTAP preference)
Veterans' Preference Documentation, if applicable (DD-214 or statement of service, VA letter, SF-15 (see Other Information section for further details)
Military Sponsor's PCS Orders (if claiming military spouse preference-see Other Information section for further details)
Transcripts or Unofficial Transcripts (if qualifying based on education or a combination of education and experience). If selected, an official/sealed transcript may be required prior to appointment.
Reemployed Annuitants must submit an SF-50 documenting their retirement.
Your complete application must be submitted by 11:59 pm Eastern Standard Time (EST) on Friday, July 15, 2011. Please follow all instructions carefully as missing application information will not be requested.
After you upload your documents using Application Manager, please wait one hour to ensure they have cleared the virus scan. You can verify that your uploaded documents are attached to your application by checking the Details tab of your Application Manager account https://applicationmanager.gov for this vacancy announcement. Your documents will display under the Details tab in the Document area.
If you cannot apply online:
1. Click the following link to view and print the occupational questionnaire View Occupational Questionnaire
2. Print this 1203FX form to provide your response to the occupational questionnaire http://www.opm.gov/forms/pdfimage/opm1203fx.pdf
3. Use the following Vacancy ID: 502569
4. Fax the completed 1203FX form along with any required documents to 1-478-757-3144. Your 1203FX will serve as a cover page for your fax transmission.
Do not overstate or understate your level of experience and demonstrated capability. You should be aware that your ratings are subject to evaluation and verification based on the resume, as well as through verification of references as appropriate. Deliberate attempts to falsify information may be grounds for not selecting you or for dismissing you from the position following acceptance.
AGENCY CONTACT INFO:
DON Employment Info Center EIC
Phone: (800)378-4559
Email: CHART@NAVY.MIL
Agency Information:
68045 FIN MGT TNEPROG
Naval Financial Mgmt Career Ctr
Pensacola, FL 32501
WHAT TO EXPECT NEXT:
Once the online questionnaire is received you will receive an acknowledgement email that your submission was successful. Best qualified applicants will be referred to the hiring manager. If your name is referred to the hiring official, you may be contacted directly by that office for a possible interview.
Stay informed of changes to your application status by signing up for automatic email alerts at https://my.usajobs.gov/Account/NotificationSettings.aspx.
Tip for the unemployed both experienced professionals AND college graduates! Go to www.usajobs.gov - This is a serious college graduate alert! The Department of Defense, Veteran's Administration, Dept of Navy and the list goes on...are looking for top notch candidates NOW!! Comprehensive benefits packages include - in part - paid vacation, sick leave, holidays and a 401K-type retirement plan. The 'acquisition of knowledge' is a lifetime commitment & requirement for civilians inside the government, so you'll enjoy unprecedented & challenging higher education & technical certification programs throughout your career. Good luck!
Position for an ACCOUNTANT with the U.S. Navy @ Lakehurst, New Jersey! More where this one came from @ www.usajobs.com! Get the word out! You and your friends will not see the thousands of civilian government job opportunities available on the popular Internet Job Boards such as Monster, Careerbuilder, Sixfigures.com, etc....
Job Title: Accountant
Department: Department Of The Navy
Agency: Naval Education and Training Command
Job Announcement Number: SE1-0510-07-M3502569-DE
SALARY RANGE: $43,738.00 - $56,863.00 /year
OPEN PERIOD: Wednesday, July 13, 2011 to Friday, July 15, 2011
SERIES & GRADE: GS-0510-07
POSITION INFORMATION: Full Time Career/Career Conditional
PROMOTION POTENTIAL: 11
DUTY LOCATIONS: 1 vacancy - Lakehurst, NJ
WHO MAY BE CONSIDERED: United States Citizens
JOB SUMMARY:
As a civilian Department of the Navy employee, you won't just have a job; you'll make important contributions by supporting your Navy and Marine Corps military colleagues and serving our Nation. Our salaries are competitive with those of other civilian employers and our exceptional benefits programs are focused on your well-being both on and off the job, now and in the future. Consider the possibilities and find your Department of the Navy civilian career today!
Discover a civilian career with the U.S. Department of the Navy that is filled with possibilities and be a part of something that makes a difference for you, the country, and the world. Great Benefits Package: paid vacation, sick days, holidays, health and life insurance, and an excellent retirement package
The Department of the Navy (DON) is more than ships, aircraft, and sailors; it is over 181,000 civilian employees at Navy and Marine Corps commands, bases, stations and facilities throughout the U.S. and around the world.
It requires a highly trained, educated and skilled workforce to support today's sophisticated Navy and Marine Corps ships, aircraft, weapon systems and computer systems. Over 41,000 professionals perform "cradle to grave" management of highly technical systems, equipment, facilities, supplies and services.
Individuals will be placed in the Financial Management Career Program (FCMP). The FCMP is a structured management-training program including formal education, diverse rotational assignments, and extensive on-the-job training. These positions are located throughout the U.S.
The position is a promotion potential to GS-11. If selected below the full performance level, incumbent may be non-competitively promoted to the next higher grade level after meeting all regulatory requirements, and upon the recommendation of management. Promotion is neither implied nor guaranteed.
WHO MAY APPLY: U.S. Citizens and Nationals (those who owe their Allegiances to the United States).
KEY REQUIREMENTS:
You must be a US Citizen or National.
Suitable for Federal Employment
Additional vacancies may be filled by this announcement.
College transcripts must be submitted as proof of claimed education.
Duties
Additional Duty Location Info:
1 vacancy - Lakehurst, NJ
Examining information to identify and resolve financial and accounting problems to reconcile accounts or other financial records.
Reviewing reports, documents, records, data, or other material to verify completeness, correctness, consistency, compliance or authenticity.
Identifying accounting errors and recommending action to adjust.
Examining accounting documents and summary records to determine proper application of regulatory requirements, standards or procedures.
Processing, recording, and analyzing financial transactions or information using computer systems or applications.
Communicating accounting and financial matters to customers.
Qualifications and Evaluations
QUALIFICATIONS REQUIRED:
In order to qualify for this position, your resume must provide sufficient experience and/or education, knowledge skills and abilities to perform the duties of the specific position for which you are being considered. Your resume is the key means we have for evaluating your skills, knowledge, and abilities as they relate to this position. Therefore, we encourage you to submit a thorough resume that directly relates to this position.
Basic Requirements-
A. Degree: accounting; or a degree in a related field such as business administration, finance, or public administration that included or was supplemented by 24 semester hours in accounting. The 24 hours may include up to 6 hours of credit in business law. (The term "accounting" means "accounting and/or auditing" in this standard. Similarly, "accountant" should be interpreted, generally, as "accountant and/or auditor.") OR
B. Combination of education and experience -- at least 4 years of experience in accounting, or an equivalent combination of accounting experience, college-level education, and training that provided professional accounting knowledge. The applicant's background must also include one of the following:
1. Twenty-four semester hours in accounting or auditing courses of appropriate type and quality. This can include up to 6 hours of business law;
2. A certificate as Certified Public Accountant or a Certified Internal Auditor, obtained through written examination; or
Completion of the requirements for a degree that included substantial course work in accounting or auditing, e.g., 15 semester hours, but that does not fully satisfy the 24-semester-hour requirement of paragraph A, provided that (a) the applicant has successfully worked at the full-performance level in accounting, auditing, or a related field, e.g., valuation engineering or financial institution examining; (b) a panel of at least two higher level professional accountants or auditors has determined that the applicant has demonstrated a good knowledge of accounting and of related and underlying fields that equals in breadth, depth, currency, and level of advancement that which is normally associated with successful completion of the 4-year course of study described in paragraph A; and (c) except for literal nonconformance to the requirement of 24 semester hours in accounting, the applicant's education, training, and experience fully meet the specified requirements.
In order to qualify for this position, your resume must demonstrate at least one year of specialized experience at or equivalent to the GS-05 grade level or pay band in the Federal service or equivalent experience in the private or public sector. Specialized experience is defined as operating accounting systems to analyze and record revenues, costs, financial liabilities, and assets; interpreting accounting data, records and reports concerning financial management matters, and assessing accounting processes and systems. Or
A degree that meets the requirements through one of the following methods, no more than 10% of academic credit can be based on pass/fail or similar non-traditional grading systems.
· 2.95 GPA overall or higher in last 2 years (= or less than 10% Pass/Fail)
· 3.45 GPA or higher in major or last 2 years in major (=or less than 10% Pass/Fail)
· Upper 1/3 ranking in graduating class (you must submit proof with your application)
· National Scholastic Honor Society. Membership in a freshman honor society cannot be used to meet the requirements of this provision. (you must submit proof with your application)
To qualify for this position, your resume must show sufficient experience and/or education, knowledge, skills, and abilities to perform the duties of the position for which you are being considered. Qualifying experience may be obtained in the private or public sectors.
NOTE: APPLICANTS QUALIFYING BASED ON EDUCATION OR A COMBINATION OF EDUCATION AND EXPERIENCE MUST SUBMIT A COMPLETE COPY OF THEIR TRANSCRIPTS. DEGREE AUDITS ARE NOT AN ACCEPTABLE SUBSTITUE FOR OFFICAL/UNOFFICAL TRANSCRIPTS. You may submit your transcripts through the "Application Manager" or by fax. This is the only method in which transcripts can be submitted. Failure to provide this information may result in an ineligible rating. (Faxing instructions may be found under the "How to Apply" section.) All qualification requirements, including completion of college degrees, must be met at the time of application. See OPM's General Policies for information on crediting education.
Education completed in foreign colleges or universities may be used to meet the qualification requirements if the applicant can provide documentation indicating that the foreign education is comparable to that received in an accredited educational institution in the United States. It is the responsibility of the applicant to provide such evidence when applying for further information, visit: http://www.ed.gov/about/offices/list/ous/international/usnei/us/edlite-visitus-forrecog.html
As part of the application process, applicants will be required to complete and submit an occupational questionnaire. To preview this questionnaire and determine if your experience matches the skills required for this position, click the following link: Online Questionnaire
Please read and follow the How to Apply section of this announcement to submit your application.
SPECIAL REQUIREMENTS:
A Secret security clearance is a requirement of this position. Failure to obtain and maintain the required level of clearance may result in the withdrawal of a position offer or removal. If you possess a security clearance, please indicate the level and termination date in your resume.
Selectee may be required to successfully complete a probationary period. Applicants will be required to sign a mobility agreement upon acceptance of position. Failure to agree to mobility agreement will result in revocation of a position offer.
A 40 hour work week is typical for this position.
A tentative offer of employment will be rescinded if the selectee fails to meet the pre-employment requirements, including failure to report to any of the scheduled appointments.
Important Notes: Application procedures are specific to this vacancy announcement. Please read all the instructions carefully. Failure to follow the instructions may result in your not being considered for this position.
HOW YOU WILL BE EVALUATED:
When the application process is complete, your application will be reviewed to determine if you meet the hiring eligibility and qualification requirements listed in this announcement. You will be rated based on the information provided in your resume and responses to the questionnaire, along with your supporting documentation to determine your level of knowledge, skill and ability related to the job requirements.
Your qualifications will be evaluated on the basis of your level of knowledge, skills, abilities in the following areas.
Knowledge of generally accepted accounting principles and standards.
Knowledge of mathematical techniques to review financial data and solve problems.
Skill in the use of basic office computer software programs.
Ability to effectively communicate both orally and in writing.
You will be rated under Category Rating procedures based on the extent to which your experience meets the Knowledge, Skills and Abilities for the position and rated as shown below. Additional points are not added for veterans' preference; however, preference is still applied. Applicants eligible for veteran's preference will receive selection priority over non-veterans. If you meet the qualification requirements, your application will be placed in one of three categories:
Best Qualified- Candidates in this category possess exceptional skills and experience to exceed will above the minimum requirements for announced position.
Highly Qualified- Candidates in this category possess good skills and experience above the minimum requirements for announced position.
Qualified - Candidates in this category meet the minimum experience requirements for announced position.
If, after reviewing your resume and supporting documentation, a determination is made that you inflated your qualifications and/or experience your score may be adjusted to more accurately reflect your abilities or you may be found ineligible/not qualified.
Benefits and Other Info
BENEFITS:
Department of the Navy offers a comprehensive benefits package that includes, in part, paid vacation, sick leave, holidays and a 401K-type retirement plan.
OTHER INFORMATION:
This Position is subject to Department of Defense Priority Placement Program.
Military Spouse Preference (MSP): If you are the spouse of an active duty military member, then you may be eligible for MSP. To be eligible you: (1) must have been married to your military sponsor prior to reporting to the new duty assignment; and, (2) must have accompanied your military sponsor on a Permanent Change in Station (PCS) move; and, (3) the position for which you are applying must be within the commuting area of your military sponsor's new permanent duty station.
MSP applies if you are ranked among the "best qualified" for this vacancy, and the list established from this announcement is used to fill the vacancy. To be rated "best qualified", MSP applicants must attain an eligibility rating on this examination of 80 or higher, not including points for veteran's preference. MSP does not apply, however, when preference would violate statutes or regulations on veteran's preference or nepotism. You must request MSP by submitting a copy of your military sponsor's PCS orders.
Veterans Information : http://www.usajobs.gov/vi If you are claiming a 5-point preference you must submit a copy of your DD-214, which includes character of service or a Statement of Service/Proof of Service, which includes service dates, nature of separation and character of service. You can access to your DD-214 here.
If you are claiming a 10-point preference you must submit a copy of your DD-214, which includes character of service, your Disability Letter indicating the percentage of your disability and the SF-15 (Application for 10-point preference), which can be obtained here .
NOTE : You will not receive veteran's preference for this announcement if you fail to provide any of the documents mentioned above.
Federal annuitant information: https://chart.donhr.navy.mil/info/FedCivAnnuitants.pdf
Important information about employment of annuitants.
ICTAP Applicants: ICTAP applicants must be well qualified for the position to receive consideration for special priority selection and must attain an eligibility rating on this examination of 85 or higher, not including points for veteran's preference. http://www.public.navy.mil/donhr/Employment/CivJobOpps/Documents/ICTAP_Statement.pdf
Selectee is required to participate in the Department of Defense direct deposit of pay program.
Males born after December 31, 1959 will be required to certify that they have registered with the Selective Service System. If you fail to do so, you will be required to certify that you did not knowingly and willfully fail to register. This requirement must be met before you can be appointed to this position.
How To Apply
HOW TO APPLY:
To begin the process, click the Apply Online button to create an account or log in to your existing USAJOBS account. Follow the prompts to complete the occupational questionnaire. Please ensure you click the Submit My Answers button at the end of the process.
Note: To check the status of your application or return to a previous or incomplete application, log into your USAJOBS account, select Application Status, and click on the More Information link under the application status for this position.
REQUIRED DOCUMENTS:
The following documents are required (copies are sufficient):
Resume showing relevant experience (cover letter optional)
Completed assessment questionnaire (part of the online application)
SF-50, Notification of Personnel Action (for current or former Federal employees). DOD employees can access their SF-50 at: My Biz
ICTAP documentation (if claiming ICTAP preference)
Veterans' Preference Documentation, if applicable (DD-214 or statement of service, VA letter, SF-15 (see Other Information section for further details)
Military Sponsor's PCS Orders (if claiming military spouse preference-see Other Information section for further details)
Transcripts or Unofficial Transcripts (if qualifying based on education or a combination of education and experience). If selected, an official/sealed transcript may be required prior to appointment.
Reemployed Annuitants must submit an SF-50 documenting their retirement.
Your complete application must be submitted by 11:59 pm Eastern Standard Time (EST) on Friday, July 15, 2011. Please follow all instructions carefully as missing application information will not be requested.
After you upload your documents using Application Manager, please wait one hour to ensure they have cleared the virus scan. You can verify that your uploaded documents are attached to your application by checking the Details tab of your Application Manager account https://applicationmanager.gov for this vacancy announcement. Your documents will display under the Details tab in the Document area.
If you cannot apply online:
1. Click the following link to view and print the occupational questionnaire View Occupational Questionnaire
2. Print this 1203FX form to provide your response to the occupational questionnaire http://www.opm.gov/forms/pdfimage/opm1203fx.pdf
3. Use the following Vacancy ID: 502569
4. Fax the completed 1203FX form along with any required documents to 1-478-757-3144. Your 1203FX will serve as a cover page for your fax transmission.
Do not overstate or understate your level of experience and demonstrated capability. You should be aware that your ratings are subject to evaluation and verification based on the resume, as well as through verification of references as appropriate. Deliberate attempts to falsify information may be grounds for not selecting you or for dismissing you from the position following acceptance.
AGENCY CONTACT INFO:
DON Employment Info Center EIC
Phone: (800)378-4559
Email: CHART@NAVY.MIL
Agency Information:
68045 FIN MGT TNEPROG
Naval Financial Mgmt Career Ctr
Pensacola, FL 32501
WHAT TO EXPECT NEXT:
Once the online questionnaire is received you will receive an acknowledgement email that your submission was successful. Best qualified applicants will be referred to the hiring manager. If your name is referred to the hiring official, you may be contacted directly by that office for a possible interview.
Stay informed of changes to your application status by signing up for automatic email alerts at https://my.usajobs.gov/Account/NotificationSettings.aspx.
Thursday, July 14, 2011
Real Jobs for Real People: Act Now!
Welcome to TishTrek - THE JOB BLOG!
Jobs, Jobs, Jobs...
#1) Job Alert for my former colleagues with expertise in Quantitiative Analytics/ Statistical Modeling - Jim Geiger is the man to know. Good luck! Hiring a Director-Ph.D Modeler-Insurance Analytics in New York, NY bull.hn · via Jim Geiger
Insurance company seeks Director, Quantitative Analytics/Statistical Modeling. The Director is responsible for leading a team of technical ...
#2) Big Pharma Opportunity. Act now! What type of mark will you make? | careers.jnj.com careers.jnj.com · via Robyn Suter
#3) Keep the jobs rolling Rob! Now Hiring: Interaction Designer - User Experience in Chicago, IL bull.hn · via Robert Woods
We’re seeking an Interaction Designer (IxD) to join our dynamic team. As an Interaction Designer, you will play a key role in our Agile product ...
#4) Another job option. Alert your friends and former colleagues! Greg Saukulak ( 6000+ gsaukulak@abacusnyc.com) linkedin.com
#5) Senior Internal Auditor job at The Abacus Group - Northern, NJ http://bit.ly/qzbyax #Indeed #jobs
For the rest of the month, I will share them as I see them: Watch for real time jobs former colleagues or fellow professionals are actually working to fill TODAY!!
Good Luck!
Best regards,
TishTrek
Jobs, Jobs, Jobs...
#1) Job Alert for my former colleagues with expertise in Quantitiative Analytics/ Statistical Modeling - Jim Geiger is the man to know. Good luck! Hiring a Director-Ph.D Modeler-Insurance Analytics in New York, NY bull.hn · via Jim Geiger
Insurance company seeks Director, Quantitative Analytics/Statistical Modeling. The Director is responsible for leading a team of technical ...
#2) Big Pharma Opportunity. Act now! What type of mark will you make? | careers.jnj.com careers.jnj.com · via Robyn Suter
#3) Keep the jobs rolling Rob! Now Hiring: Interaction Designer - User Experience in Chicago, IL bull.hn · via Robert Woods
We’re seeking an Interaction Designer (IxD) to join our dynamic team. As an Interaction Designer, you will play a key role in our Agile product ...
#4) Another job option. Alert your friends and former colleagues! Greg Saukulak ( 6000+ gsaukulak@abacusnyc.com) linkedin.com
#5) Senior Internal Auditor job at The Abacus Group - Northern, NJ http://bit.ly/qzbyax #Indeed #jobs
For the rest of the month, I will share them as I see them: Watch for real time jobs former colleagues or fellow professionals are actually working to fill TODAY!!
Good Luck!
Best regards,
TishTrek
Saturday, July 9, 2011
JOB TRIPLE-DIP: A Q4 Bloodbath??
Welcome to TishTrek - THE JOB BLOG!
Wake up America!! We can't let unemployment move from 9.2% to 19.2% just the way they planned. A Q4 jobs bloodbath is on the way...
How can anyone sit idle on some couch collecting unemployment benefits when there are leaders taking steps and actions to destroy our country?
Apathy is not an option... See my letter to the editors @ The Wall Street Journal below.
-TishTrek
----- Original Message -----
From: Tish Ferguson
To: wsj.ltrs@wsj.com
Sent: Saturday, July 09, 2011 4:29 PM
Subject: Gold(man's) Finger: Russian Roulette & Jobs Double-Dip
Dear Editor,
Right after watching a recent Warren Buffet NPR interview on-line, I read your editorial "The Jobs Double-Dip" (July 9th). Obviously, the job numbers can't be "lagging indicators" if the U.S. is playing 'Russian Roulette' with the Debt Ceiling and 'Hide-&-Seek' with jobs.
Our nation has been under attack from inside the White House for over twenty years because leveling 'some' global economic playing field by undermining the U.S.'s financial health is a strategy, not an accidental down-turn. It's time to burst through these smoke-screens, job numbers and talking points to revive the toxic economic wasteland Mr. Buffet and Goldman Sachs helped create.
A 20-year corporate strategy executed by Goldman Sachs to make sure their executives had a systemic presence and financial decision authority in every facet of our government did the most damage to our country because it served to bolster the interests of Goldman's ultra high net worth customers and put the debts and failures of their company and counter-parties on the backs of our children and grandkids.
It's time for them to stop intentionally creating one ultra-urgent and contrived financial crisis after another which only serves to justify government action plans insisted on and executed by all the 'Goldman Guys' - Treasury & Fed Heads Rubin, Geithner et al - the nation's financial advisors to three U.S. Presidents - Clinton, Bush & Obama.
Throw Wall Street out of the 'People's House' or be prepared for a demoralizing 'Job Triple-Dip' like no other.
Respectfully submitted,
Tish Ferguson
2404 Maria Place
Pt. Pleasant, NJ 08742
732-259-2780 - Cell
Wake up America!! We can't let unemployment move from 9.2% to 19.2% just the way they planned. A Q4 jobs bloodbath is on the way...
How can anyone sit idle on some couch collecting unemployment benefits when there are leaders taking steps and actions to destroy our country?
Apathy is not an option... See my letter to the editors @ The Wall Street Journal below.
-TishTrek
----- Original Message -----
From: Tish Ferguson
To: wsj.ltrs@wsj.com
Sent: Saturday, July 09, 2011 4:29 PM
Subject: Gold(man's) Finger: Russian Roulette & Jobs Double-Dip
Dear Editor,
Right after watching a recent Warren Buffet NPR interview on-line, I read your editorial "The Jobs Double-Dip" (July 9th). Obviously, the job numbers can't be "lagging indicators" if the U.S. is playing 'Russian Roulette' with the Debt Ceiling and 'Hide-&-Seek' with jobs.
Our nation has been under attack from inside the White House for over twenty years because leveling 'some' global economic playing field by undermining the U.S.'s financial health is a strategy, not an accidental down-turn. It's time to burst through these smoke-screens, job numbers and talking points to revive the toxic economic wasteland Mr. Buffet and Goldman Sachs helped create.
A 20-year corporate strategy executed by Goldman Sachs to make sure their executives had a systemic presence and financial decision authority in every facet of our government did the most damage to our country because it served to bolster the interests of Goldman's ultra high net worth customers and put the debts and failures of their company and counter-parties on the backs of our children and grandkids.
It's time for them to stop intentionally creating one ultra-urgent and contrived financial crisis after another which only serves to justify government action plans insisted on and executed by all the 'Goldman Guys' - Treasury & Fed Heads Rubin, Geithner et al - the nation's financial advisors to three U.S. Presidents - Clinton, Bush & Obama.
Throw Wall Street out of the 'People's House' or be prepared for a demoralizing 'Job Triple-Dip' like no other.
Respectfully submitted,
Tish Ferguson
2404 Maria Place
Pt. Pleasant, NJ 08742
732-259-2780 - Cell
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