Sounds like a USCF member, and they DO use a ratings floor. Probably a good thing there, since there is a lot of money at stake in some of the tournaments, and sandbagging was raging over there. But there is no money over here. I know that there are folks that HATE losing, and especially HATE losing rating points, but these things are really not that cataclysmic at this site. Nothing is at stake. The example you cited above is well known for going way UP and way DOWN in his rating for years. I could mention a few more examples, but I shall refrain.
Personally, I could go either way. Maybe something can be put in place, but you know - these are games; every now and then, players lose to players with lower ratings. It doesn't mean that sandbagging occurred. Someone played a good game, or someone played a bad game, or a combination of both.
I'll take a large pie, extra cheese, green pepper, mushroom, bacon.
Looks to me like someone who can only play during their two-week vacations, enter a bunch of tournaments, play some of the matches until completion and have to forfeit the rest...
Becoming a busy person myself recently, I've learnt to appreciate that sometimes people disappear for a while and thus may need to forfeit several (or many) games, which might lead to this phenomenon. It happens.