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Selling to soldiers: first take their money, then their blood. It's good that the New York Times is taking a long look at the highly questionable sales practices of companies like First Command Financial Planning that sell financial services to our men and women in uniform.

"Another product heavily promoted to military people is a type of mutual fund in which 50 percent of the first-year contributions are consumed as fees, a deal considered so expensive that such funds all but disappeared from the civilian market almost 20 years ago," a tragedy we posted about here 11 months ago, the last time the former governor of Texas took his month-long vacation. I wrote at the time, "These are our soldiers they are bilking. The words 'unfair,' 'severely tilted playing field,' and 'lying, scheming scoundrels' come to mind."

It almost goes without saying that First Command, like Halliburton and Enron, is a Texas company.

{ 12:57 PM }

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