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Saturday, October 21, 2006

Embrace Debt to Avoid Iraq

One of the many things I didn't previously know is that you won't be sent to
Iraq if you are too far in debt.

http://www.chicagotribune.com/news/nationworld/chi-0610200136oct20,1,1003677.story

"Thousands of U.S. troops are being barred from overseas duty because they
are so deep in debt they are considered security risks, according to an
Associated Press review of military records.

The number of troops held back has climbed dramatically in the last few
years. And though they appear to represent a very small percentage of all
U.S. military personnel, the increase is occurring when the armed forces are
stretched thin."

Let's see:
#1: Buy a house in Texas to run up debt.
#2: Avoid being sent to Iraq due to this debt.
#3: Eventually, declare bankruptcy, but
#4: Keep house since that's an exempt asset in Texas (IIRC).

This is a VAST improvement over maiming yourself to avoid combat. Who says
our military strategy hasn't improved in the past generation?