Thousands of U.S. troops have been disqualified from overseas duty because they are considered security risks. One reason: many soldiers are in debt way over their head. According to the Pentagon, there are two concerns: “Financial problems can distract personnel from their duties or make them vulnerable to bribery and treason.”
But never fear, President Bush signed legislation last month cracking down on high interest rates charged by payday lending businesses which often cluster outside of military bases.
Government intervention abroad is never without government intervention at home.