I don't believe President Obama is a member of the Defense Business Board. In fact, the board "is a United States Federal Advisory Committee that supports defense transformation by delivering senior management advice to the Secretary of Defense based on best practices from the private sector." Source. It was created by Rumsfeld in '01. "Only two of seven executives on the task force ever served in the military. Both left before 20 years and without any retirement benefit." Source. Any wonder why they don't seem to respect the sacrifices made by military retirees?

This is simply another attempt at big business and speculators to tap into money from the middle class. Same arguements as privatizing SS: having the military invest in a Thrift Savings Plan is just code for "give your money to Wall Street to use to Wall Street's advantage."