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Sep 02, 2004 -- Phony salespeople robbing our military
Many courageous men and women have taken on the call of duty and become soldiers & sailors for our country. These people sometimes pay the ultimate sacrifice for their country, and they deserve the utmost respect. But some financial groups are selling phony investments to our military men and women and ripping them off. Often, soldiers and sailors are very young and they have a decent amount of money burning a hole in their pockets. The trouble is that they dont know how to spend their money. People come onto the bases with investing ideas that sound good, but really aren't. Then, they run off with soldiers money. Max Burns, a Congressman from Georgia, is fired up about this and is doing something about it. Hes been working with several other leaders to draft legislation that will prevent these abuses from occurring on bases in the United States and overseas. They want to make sure the legislation is crafted correctly, but theyre trying to get it passed through both houses this year. People need to be aware of this problem, first of all. If you have a loved one in the service, make sure that person knows about the financial choices he or she is making. Secondly, contact your congressmen and women to make sure they are on board with the bill that will protect our soldiers. Sometimes the soldiers dont even know what financial programs they are participating in, so educate them and yourself!
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