Commissaries agency closes ‘brand name’ loophole

By Tom Philpott: Military Update One great strength of military commissaries is that patrons can buy brand name items at deep discounts, comfortable in the knowledge they are quality products, food safety isn’t an issue, and most goods are identical to those sold commercially off base and back home. The “brand name” system brings another [...]

Credit unions angry over bailout tax

By Tom Philpott: PNT columnist Federal credit unions, including those serving millions of military patrons, are fighting to keep off their books nearly $5 billion in charges that regulators have assessed to bail out their largest “corporate” credit union. The U.S. Central Federal Credit Union was in danger of insolvency due to losses on mortgage-backed [...]