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FederalDaily - July 8, 2005

DoD Releases New Defense Strategy
GSA Names New Top Administrator
Should TSP Invest in Real Estate Fund?
Union Charges Short Staffing Puts Flyers In Danger

DoD Releases New Defense Strategy

The Pentagon has released a new report outlining the role of the country’s military forces across the globe, space, cyberspace and even on how units could be utilized within the United States. While there are some constitutional provisions barring the use of the military under certain circumstances within the United States, the document states the military is prepared for such a role if so ordered by the president or the secretary of the Department of Defense. Top objectives spelled out in the plan include: achieving maximum awareness of threats; deterring, intercepting and defeating threats at a safe distance from the United States; and ensuring that defense components are protected and can perform their duties.

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GSA Names New Top Administrator

The General Services Administration (GSA) announced the appointment of Alan Robert Swendiman as the agency’s associate administrator for the Office of General Counsel. Swendiman’s appointment is effective immediately. Swendiman most recently handled a broad range of commercial transactions for the law firm of Jackson & Campbell in Washington, D.C. A principal with that firm since 1993, he represented clients on contract lease, real estate and employment matters. Swendiman’s career also covers work on regulatory compliance, labor relations and administrative law in both the public and private sector. Swendiman will assume daily management of GSA’s legal department and oversee the legal affairs of the agency.

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Should TSP Invest in Real Estate Fund?

Several key members of the House Government Reform Committee have asked the chairman of the Federal Retirement Thrift Investment Board (FRTIB) to look into the possibility of adding a Real Estate Investment Trust (REIT) index fund to the Thrift Savings Plan (TSP). Congressman Thomas M. Davis, R-Va., John Porter, R-Nev., Henry Waxman, D-Calif., and Danny Davis, D-Ill., have called on FRTIB Chairman Andrew Saul to retain a professional investment consultant as soon as possible to look at adding the fund. Under the legislation creating TSP, only Congress has the power to add funds. The congressmen have asked that the consultant look into not only REITs, but also Treasury inflation-protected securities, emerging market equities, growth and value indexes, commodities and high-yield debt.

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Union Charges Short Staffing Puts Flyers In Danger

According to the National Air Traffic Controllers Association, what should have been a relatively routine computer failure turned into a 17-hour problem that could have ended in tragedy due to poor staffing levels at a Syracuse, New York, Federal Aviation Administration facility. The computer that assists controllers with the transfer of aircraft data between control facilities failed last Friday afternoon. According to local NATCA representative Bob DAddario, there were no technicians available to service the system due to staffing cutbacks. While the loss of the computer system is not in itself a safety issue, DAddario said it increased the workload of controllers on duty, which in turn can reduce the margin of safety available.

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