April 21, 2008
They have this new thing called "Eagle Cash" - this is, in my humble opinion, a racket - looting @ it's finest - brilliant use of the art of flim flam in order to make money, cheaply -
Here is how it works -
The Army issues you an "Eagle Cash" smart card.
You transfer funds from your bank account or directly from your check
You use the card @ select locations (almost everywhere in CENTCOM AOR)
There is no fee for you to pay
SOUNDS like a good deal - no?
HERE is the REST of the story -
The Army is working its way to requiring an Eagle Cash card for *any* transaction in CENTCOM. You already MUST have one to draw casual pay or write a check in Q8.
Further - there is NO interest paid on your money stored in your EC account -
I am thinking that *someone* sold the Army a bill of goods - and are pushing for it to be the *only* way for a Soldier to buy anything in the CENTCOM AOR. Meanwhile, they make millions on the $ that is "stored" on those cards.
Hmmmm......
Posted by: Misha Moriarti at
12:31 AM
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