Drill Sergeant can clue us all in. If the Army sanctions this, which I have to believe if the report is true, someone needs to go to jail.
Here’s a name that’s become familiar to us all lately:
The advisory board at one company, First Command Financial Planning in Fort Worth, includes Gen. Anthony C. Zinni, the retired commander in chief of the United States Central Command.
I’d say the general needs to rein in his troops.
Well the first line of defense against this type of selling should be the Platoon Sgts. and then the Company Commanders of the basic training companies. But…you wonder how many of them may be somehow compensated by the insurance companies.
Comment by Wallace — July 20, 2004 @ 3:55 pm
That’s why I wonder if the Army hasn’t condoned this. A young GI going through Basic Training is in no way prepared to challenge anyone who appears to be operating with official sanction.
Comment by Bunker — July 21, 2004 @ 6:26 am
I had a soldier that sign onto that “scam”. Not only do they do that at basic, they were also trying to get us at BNCOC to do sign on. Someone that has been in the army a while (like us Staff Sergeants that were attending BNCOC) could see right through the scam. It promised an intrest rate far exeeding even the best “high agressive” mutual funds. They wanted $100 a month that by the time we retired (remember most Staff Sregeants have about 6-10 years in) a pay out of over $600,000. I can only imagine what they are telling kids at basic. By the way, all my soldier had to do was cancel the allotment, and then file a complaint through the small claims court to get his money back, 2 years later.
Comment by birdie — July 21, 2004 @ 7:37 pm
But my question is how the hell are they getting access to the barracks? NOBODY should ever be in the barracks except those who live there. The commander shouldn’t even go in unless he’s accompanied by the first sergeant.
Comment by Bunker — July 22, 2004 @ 5:36 am