Operation Financial Freedom
In accordance with a law passed by Congress at the urging of the Pentagon last year, the military this week implemented new rules to protect service men and women from payday and other types of risky loans. This is part of an effort to promote our military readiness by ensuring the financial security of our soldiers. That effort also includes increased access to financial planning, financial education course offerings, and the encouragement of emergency savings accounts.
As I've blogged about before though, how can certain types of loans be predatory and harmful for one class of citizens but a beneficial part of the free market for everyone else? If these types of loans are really a healthy part of the free market because they provide consumers with more choices, why shouldn't soldiers have access to them too?

















