European Stars and Stripes (Newspaper) - July 7, 2007, Darmstadt, Hesse 2007 stars and stripes Page is your Money divorcees shift from court to Congress if the 25yearold Law that Al lows state courts to Divide military retired pay As Mari Tal property in divorce settlements needs As Many service members and retirees it wont occur through a court the supreme court made that Clear again last month when it de Nied the petition of 58 divorced retirees to review their arguments on Appeal from a loss at the court of appeals for the fourth circuit in the focus for advocates of divorced retirees now shifts Back to which has been arid soil for seeds of change regard ing the uniformed services former spouses Protection act yet some retirees reportedly Are determined to find a senator willing to try to attach espouse Law amendments to the fiscal 2008 defense authorization Bill when it comes up for floor de Bate next prospects for legislative Relief from the perceived injustices of the us spa nevertheless Are viewed As Given Congress failure to act in the just last the Senate included noncontroversial technical amendments to the us spa to its 2007 de sense All of them changes sought by the department of de members of the House and Senate were bombarded by emails and phone half from divorced Mem Bers urging More substantive and half former spouses pleading that their legislative gains from the past not be rolled it Why Arent you including this Why Arent you including that and if youre going to address youve got to take care of remembered a Senate committee staff the military member is upset about having his retirement divided differently than he would otherwise have he the former spouses Are very military thursdays Market summary Tom Philpott concerned about anything that would Chip away at what they Are getting because they feel they earned and current spouses get i that some courts Are divid ing their spouses retired pay even though they Are still on Active a House Senate conference shaping a final 2007 defense decided to drop the modest us spa the Dod released a comprehensive review of the us spa in 2001 and continues to stand be Hind its the report is available at the More substantive changes for divorced Exchange rates 52 High week Low name last Dow Jones industrials Dow Jones transportation Dow Jones utilities composite amex Index Nash a composite 154056 122454 Zsigo 7053 85639 Russell 2000 do Wilshire 5000 net chg Ltd chg chg 52wk chg nose amex Nash a most Active name Yokoo or More last chg Hilton forum pm cup Pfizer Geneles timeworn Hal Libens Tal Semi Huntsman 971472 598868 306684 286027 256127 229546 211493 208487 206143 175136 most Active or More name last chg Spur ishr2knya spa Sci Saengf Prusha Rqn Sutil do Madiam oils vat Semi her lsr2kgnya 801993 466085 202014 167679 163926 96553 92123 70739 59268 56555 most Active or More name vol 00 last chg push Sqq so Russ Apple inc Sun Micro Microsoft Cisco Oracle Intel Char Tom level3 649276 609275 499194 451283 436637 354274 345558 341644 198144 187650 key defense stocks name div be last Btl chg chg a Amer general electric Halliburton am signal communications Lockheed Martin Northrop Raythelon Texas instruments text Ron United technologies 19 s 19 15 16 23 23 17 18 20 u6 b 21 14 25 19 a name key Mutual funds Nav Ltd Rel Fidelity invest Greco Fidelity invest Grolnic Fidelity spartan Putnam funds a or snap Amer Century inv Ultra Fidelity invest Amorso Fidelity invest Oversea Fidelity invest us i aim investments a const p Frnk a Sec Para aim investments a Char tap Fidelity advisor Fidelity advisor Putnam funds a Globe qty Fidelity advisor Tiv seat Putnam funds a gig vap military rates euro costs july 9 Dollar buys july British Pound july japanese yen july South korean won july commercial rates Bahrain British Canada China Denmark a acpt Hong Kong Hungary Israel Japan Kuwait Norway Philippines Poland saudi Arabia Singapore South Korea Switzerland Thailand Turkey new military Exchange rates those available to customers at military Bank ing facilities in the country of issuance for South the Netherlands and the United for no local currency Exchange rates purchasing British pounds in Germa Check with your local military Bank ing commercial rates Are inter Bank rates provided for reference when buying All figures Are foreign currencies to one except for the British which is represented in and the which is precious metals new York merc close interest rates prime discount Federal funds Market rate 3month 30year sources the associated Bank of America would Impact Only future divorce Dod urges that they not apply to settled perhaps the biggest one would ensure that a former spouses share of retired pay be based on the service members rank and years of service at the time of the blocking any Windfall boost for espouses from promotions earned and years served by the member after the defense officials have gone beyond the 2001 report with some recent recommendations to con one would Amend the uses a to Stop state divorce courts in ordering Mem Bers with 20 or More years of ser vice to Divide their retirement pay with their espouses before they actually such defense officials can Impact readiness by forcing experienced personnel to Cut Short their Retiree advocates and de sense officials who press for such changes get sympathetic nods from but their sympathy Hast Over come anxiety on Capitol Hill Over facing a new tsunami of bit Ter feelings that inevitably arise during consideration of any change to the this is just not an area where there is a Clear consensus that there is a right answer for Law makers to go out and take the heat that goes with adopting one position or said a sen ate staff member familiar with proposed reforms to the defense officials this year urged 11 changes to some to Benefit former spouses and some to help retirees in future divorce the entire package was ignored by the House and Senate armed services committees in marking up their versions of the 2008 defense if the uses a is to be it Only Congress has the if not yet the to do to email , write military Box a 201201111 or visit Lints and sensibility Money tip of the Day Best buys in july someone once timing is truer words were never spoken when it comes to finding the Best buys of any Given we have 12 opportunities each year to Snag serious bar the trick is knowing what to look for and what time to look for if you follow a stores flow and Gofer the stuff being cleared youll pay the lowest prices year heres what to watch for in july swimsuits if your Bikini diet didst go quite As planned and youre in the Market for a new july the time to find deep discounts on All manner of dress suits if casual Fri Days have gone the Way of the Dodo in your you Proba Bly need some manufacturers put their fall lines out in a so july is a great time to pick up last seasons teak and Wicker theres no time like july to lounge around in the Back and the Al knowing discount gods recognize that july kicks off the most marked Down time of the year to fulfil All your outdoor furniture burgers and bubbly All these great deals Call for a your grocery stores Overstock on Barbecue goodness for memo rial Day and the fourth of so by july it All goes on hot soda not the bubbly you were and condiments the time is other july is also a great time to buy indoor summer sports and arts and crafts which get renewed in August to meet the backs school Start shopping according to month and youll see huge Sav Ings Over a
