Do Not Day Trade (Do This Instead)

Forget day trading (especially in markets like these). Trade OVERNIGHT instead! I've uncovered a shocking way to take 100% certain events (mandated by the U.S. Government)...And target OVERNIGHT payouts like: 253%... 327%... Even 383%! Enough to potentially hand you profits of $25,300... $32,700... heck even $38,300!

Federal workers around nation's capital worry over Trump's plans to send some of them elsewhere

OLIVIA DIAZ and BRIAN WITTE
September 02, 2024

WASHINGTON (AP) -- Worries of being uprooted from their jobs have returned for Laura Dodson and other federal workers, who have long been the economic backbone of the nation's capital and its suburbs.

During former President Donald Trump 's administration, her office under the U.S. Department of Agriculture was told it would be moving. About 75 people were going to be relocated to Kansas City, Missouri, Dodson said, but less than 40 actually moved. A rushed process that failed to consider the need to find homes, jobs for spouses and schools for children prompted some retirements, she said, and some took other federal jobs, hurting the agency in the end.

Now, with Trump proposing the relocation of up to 100,000 federal jobs from Virginia, Maryland and the District of Columbia under his Agenda 47 plan, concerns about being abruptly moved are again troubling federal workers. The Republican's proposals stir anxiety in the midst of an unusually competitive U.S. Senate race in heavily Democratic Maryland that could determine control of the Senate, with even the Republican candidate calling the plans "crazy." The proposals also could hinder Trump's chances to win Virginia, a state he lost in 2016 and 2020, where a U.S. Senate seat widely seen as safely Democratic is also on the ballot.

"It's causing a lot of anxiety, a lot of discomfort within the workforce, as you are faced with these strong, negative, anti-federal worker stances and this uncertainty of what might happen to your job, your home and your livelihood," said Dodson, who is acting vice president of American Federation of Government Employees local 3403, which represents the USDA's Economic Research Service.

And concerns don't end there. Federal workers also are worried about "Project 2025," a proposed overhaul of the federal government crafted by longtime Trump allies that would eliminate thousands of jobs and remove civil service protections for some federal workers. The former president has repeatedly distanced himself from the proposal this summer.

But the plan still worries Michael Knowles. He said it calls for making the U.S. Citizenship and Immigration Services' D.C. presence "skeletal, and agency employees with operational or security roles should be rotated out to offices throughout the United States."

Knowles, who is president of AFGE local 1924, said most of his members took an oath to uphold the Constitution and faithfully administer the laws of the United States. He said the members, who all work in the National Capital Region, are committed to the mission of government service.

"And they would do what they need to do to carry out that mission," Knowles said. "But I think the employees would look dimly on arbitrary or capricious decisions that didn't seem to make any business or operational sense."

Trump's campaign did not return requests for comment.

The District of Columbia has the largest number of federal civilian employees, with about 160,700 jobs, according to the Congressional Research Service. Maryland and Virginia are in the top four jurisdictions, with about 138,940 in Maryland and 140,400 in Virginia. California has about 142,040.

The proposals to move a large number of federal workers infuriate local leaders in the suburbs of Washington in both Maryland and Virginia. In Maryland, a heavily blue state where Trump is deeply unpopular, it's viewed by many as retaliation by the former president, who received only 32% of the vote there in 2020.

Trump made headlines while he was in office when he denigrated Baltimore, Maryland's largest city, as a "disgusting, rat and rodent infested mess."

Angela Alsobrooks, the chief executive of Prince George's County who is the Democratic nominee in the Maryland U.S. Senate race, described Trump's positions on the federal workforce "as yet another reason that we absolutely must put Donald Trump in the rearview mirror."

"Former President Trump is a ruthless leader, retaliatory in all his ways, and what he talks about in terms of really harming federal workers is evil," Alsobrooks said after returning from the Democratic National Convention last month.

Former Gov. Larry Hogan, her Republican opponent, condemned the relocation proposals as "crazy." He said they "would be devastating to the region, the state of Maryland and bad for the federal government."

"It's like, you know, Trump trying to turn the federal government into one of his failed casinos, where he thinks he can do whatever he wants," Hogan, who has long been one of the GOP's fiercest Trump critics, said in an interview. "I think it would undermine our entire democracy."

Businesses that provide services to the thousands of federal workers fear the ripple-effect threat of the proposed changes. At Census Auto Repair & Sales, for example, across the street from the U.S. Census Bureau's headquarters in Suitland, Maryland, service manager Tay Gibson says his shop would feel the impact directly.

"I would hate to see the federal workers leave," Gibson said. "That would be business leaving as well, and that would affect small businesses like myself."

Libby Garvey, chair of the Arlington County Board in the Virginia suburbs of Washington, emphasized the potential hit on the local economy.

"If a large proportion of (tax payers) suddenly lose their jobs (or have to) move away, that takes a terrible, major hit to our local budget, which impacts our ability to pave the roads, make sure the water is clean, provide public safety, fire, police, emergency personnel and provide good schools," Garvey said.

Karen Hult, a political science professor at Virginia Tech, said the move could harm Trump's chances in Virginia.

"Federal workers around Northern Virginia, and in the D.C. metro area generally, are, in fact, a bit of a voting bloc," Hult said "The other thing, of course, are all the contractors -- the beltway bandits. They make a big difference, too."

But Hult also said the idea of relocating federal workers could resonate with Virginians outside of the northern part of the state, who may feel a distrust of the D.C. bureaucracy.

Filipe Campante, a Bloomberg Distinguished professor at Johns Hopkins University who focuses on political economy and urban and regional issues, noted that there's a reason why capital cities exist, with the presence of federal employees nearby. Physical presence, he said, is necessary for face-to-face interactions that are important to maintaining accountability.

While Trump and his supporters see the relocation as a positive in terms of moving the "deep state" away from the seat of government, Campante said it also has a downside.

"I think it is a positive factor for accountability that you have civil servants also operating as a check on political appointees, and this would be weakened by moving these people away from where the center of the government is, so I think from that perspective it would reduce accountability," Campante said. "Obviously, then, it depends on whether you think this accountability is good or not."

---

Witte reported from Annapolis and Suitland, Maryland.

Continue Reading...

Popular

What's Going On With Chinese Tech Stocks Like Alibaba, PDD On Thursday?

Alibaba and other Chinese tech stocks are up as US Fed plans to cut interest rates, boosting demand and potential for AI growth.

U.S. Loses to China in Shocking WAR GAMES - Ad

Pentagon says new "living missile" key to winning a future conflict. Investors stand to reap 35,960% on shares of the small defense contractor that makes powerful new weapon.

Bitcoin Spikes Above $61,000 as Fed Implements 50 Bps Rate Cut

In a significant market move, Bitcoin (CRYPTO: BTC) surged past the $61,000 mark after the U.S.

5 Stocks That Could Triple in a Week - Ad

What if I told you that I have a system that has detected when these tiny stocks are on the verge of exploding... And what if I told you my system has targeted 5 new stocks that could triple as early as next week? Pay just $5 for a full year of Stealth Trades before this deal disappears!

FactSet Research Q4 Earnings: Revenue And Profit Beat, Adds 188 New Clients, Margin Boost And More

FactSet reported Q4 2024 sales of $562.2M, beating analyst estimate. Organic revenue rose 5.0%. Adjusted EPS of $3.74 also beat consensus. Client count increased by 188. Adjusted operating margin improved. FY25 outlook: revenue of $2.285B-$2.305B and EPS of $16.80-$17.40. FDS stock up 0.01% at $446.85 premarket.

DO NOT Make Another Trade Without Seeing This First - Ad

Starting September 23... a huge secret of the markets could help you consistently target gains like: 126%... 245%... even 463% or more... often in 30 days or less... No matter what the market does next.

Elon Musk Laughs At The Idea Of Dick Cheney Supporting Kamala Harris For President

Elon Musk humorously commented on the recent endorsement of Kamala Harris by George Bush Jr.-era former Vice President Dick Cheney.

NBA Legend Shaq Shows Off His New Widebody Carbon Fiber Tesla Cybertruck: Elon Musk Has A One Word Reaction

NBA legend Shaquille O'Neal, also known as Shaq, showed off his new Tesla Cybertruck featuring a widebody carbon fiber design, which is the first of its kind in the world.

New "Living Missile" to Replace Nuclear Missiles - Ad

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

Huge payout expected for a rare coin bought by Ohio farm family and hidden for decades

TOLEDO, Ohio (AP) -- Three sisters from Ohio who inherited a dime kept in a bank vault for more than 40 years knew it had some value. But they had no idea just how much until just a few years ago.

E. Jean Carroll Case: Appeals Court Skeptical of Trump's Bid to Overturn Sexual Abuse Verdict

E. Jean Carroll's case sees an appeals court skeptical of Donald Trump's bid to overturn a $5 million verdict for sexual abuse and defamation.

4 Cryptos Set to Outperform Bitcoin in 2024 - Ad

Chris Rowe, the man who spotted 44 different coins that have returned over 100%, is now making the biggest crypto call of his ENTIRE career.... Because a powerful crypto event will trigger on June 24th... Sending hundreds of tiny cryptos soaring 5X, 50X, even 100X -- in just days.

Psychedelic Church Opens In Colorado Springs, CO Making History

Meet Colorado's first psychedelic church in Colorado Springs, where magic mushrooms and DMT are used for healing and creating community.

Revealing Index Soars 49% - Smart Investors Are Moving In - Ad

The Gold Miners' Index is up 49% in recent months, surpassing even Gold's performance. Yet, ONE stand-out miner has even doubled Gold's historic rally over the last 6 months with room to run as analysts expect it to double from here! Don't miss the young company that has already captured the interest of 40+ investment banks.

2 women charged in Lululemon shoplifting scheme in Minneapolis

MINNEAPOLIS (AP) — Two Minnesota women are charged with organizing thefts of several thousand dollars' worth of merchandise from a store in Minneapolis and then funneling the stolen goods through a suburban nail salon.

What to Stream: George Strait, 'Rebel Ridge,' Astro Bot, 'Slow Horses' and Mormon influencers

“The Secret Lives of Mormon Wives,” a docuseries following young wives in Utah, and the suspenseful thriller “Rebel Ridge” are some of the new television, films, music and games near you.

Why Are These Strange "Accidents" Happening All Over America? - Ad

Across America, strange "accidents" are happening in greater numbers than ever before. Jets are falling apart, chemicals are spilling, construction workers are being electrocuted -- and no one knows why. In his new exposé, American financial analyst Dan Ferris reveals the silent force behind this trend... why it's destroying this country from the inside... and where all signs suggest it's about to strike next: the U.S. stock market.

Maryland awards contract for Francis Scott Key Bridge rebuild after deadly collapse

BALTIMORE (AP) — Maryland transportation leaders on Thursday approved a contract for rebuilding the Francis Scott Key Bridge several months after the 1.6-mile (2.6-kilometer) steel span of a massive container ship that lost power and crashed into one of its supporting columns.

Trump Vs. Harris: 2024 Election Betting Odds Show 'Love Story' For Vice President After Debate, Taylor Swift Endorsement

The presidential debate between Vice President Kamala Harris and Ex-President Donald Trump shifted the betting odds for the winner on Election Day. Here’s a look at who has the edge and how the markets have shifted in recent months.

Man Who Called Nvidia at $1.10 Says Buy This Now... - Ad

In 2004, a man predicted Nvidia's rise. Now, he says a new company, which IPO'd in 2023, could soar like Nvidia. It signed a major deal with Apple for its AI tech in iPhones and iMacs. Could it be the next trillion-dollar company? See why he believes it's among "The Next Magnificent Seven."

Tesla Considers Warner Bros Studio For Highly Anticipated Robotaxi Unveiling Event: Report

Tesla is reportedly looking to hold its robotaxi unveiling event at Warner Bros. Discovery's movie studio in Burbank, California.

Red Lobster says it will soon exit bankruptcy protection after judge approves seafood chain's sale

NEW YORK (AP) — After months of dozens of restaurant closings and headlines about “endless shrimp” woes, Red Lobster is poised to soon exit from Chapter 11 bankruptcy protection.

GameStop Shares Are Trading Higher: This Week In Review

GameStop Corporation (NYSE: GME) shares are up Friday. Here's what you need to know.

Tesla CEO Elon Musk Wants To Bring Back Dogecoin As A Payment Option To Buy Company's Merchandise

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk said on Friday that he would like to have the option of paying with meme cryptocurrency Dogecoin (CRYPTO: DOGE) reinstated for the company’s merchandise.

President Trump and Elon Musk Issue Stark Warning - Ad

Both President Trump and Elon Musk are warning about something that could send the market down 50%, real estate down 40% and savings accounts down 30%.

Kentucky's Massive Cannabis Licensing Response: 5,000 Applications Filed Before Deadline

Nearly 5,000 medical cannabis license applications were filed in Kentucky by the August deadline, showing immense interest.

Stellantis recalls 1.5M Ram trucks to fix software bug that can disable stability control

DETROIT (AP) — Stellantis is recalling nearly 1.5 million Ram pickup trucks worldwide to fix a software problem that can disable the electronic stability control system.

September 23 - The Biggest Crypto Event in History - Ad

According to the man who called every major market top and bottom for the last 29 years... A single event triggering on September 23rd will send the crypto market soaring. But what's more exciting... is that this event could send a small sector of the crypto market soaring 5X, 25X, and even 100X higher in just days.

Behind the nonprofit helping a diverse new generation of culinary professionals heat up New York

NEW YORK (AP) — A side of beef bigger than a classroom desktop sat before high school students huddled around a kitchen on New York's Lower East Side. “Anyone wanna jump in?” asked the butcher teaching the Tuesday afternoon class. One student dared, grabbing a sawblade about as long as his arm and sweating to successfully separate the short rib from the rib eye.

US-sanctioned Serbia official meets Putin, says Belgrade is an ally and won't join Western penalties

Serbia is a Russian ally and will never impose sanctions against Moscow or join NATO, the Balkan nation’s deputy prime minister said Wednesday as he met with Russian President Vladimir Putin.

4 Steps to Survive the Coming Market Crash - Ad

There are massive cracks forming right below the surface of our "shining city." These cracks are a symptom of a much bigger problem that threatens the very foundation of our country. Things are starting to unravel at a fast pace, as America sees worst economic hell our country has ever been in.

The Last Time Gold Flashed This Warning Sign, the Market Dropped 80% - Ad

Both President Trump and Elon Musk are warning about something that could send the market down 50%, real estate down 40% and savings accounts down 30%.

Trump Vs. Harris: Nate Silver Says Former President Now Ahead Of Vice President In Electoral College Odds After Adjusting For The DNC 'Bounce'

Pollster Nate Silver's latest election forecast shows former President Donald Trump slightly ahead of Vice President Kamala Harris in the race for the Electoral College, despite Harris leading in national polls.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright activatrade.ca
Privacy Policy | Terms of Service