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June 22, 2012
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News for Reservists

  Top Story 
  • Vets groups debate re-employment rights bill
    Veterans groups disagree on whether the House should pass a bill that seeks to make it more difficult for companies to claim "undue hardship" as a reason for not rehiring veterans. Retired Maj. Gen. Drew Davis, executive director of the Reserve Officers Association, said during testimony before a House Veterans' Affairs Committee panel that the "undue hardship" defense is only used in a small number of cases. The Veterans of Foreign Wars says the measure could make large companies less willing to hire National Guard and Reserve members. (6/21) LinkedInFacebookTwitterEmail this Story
  • Read ROA's testimony before the Veterans' Affairs Committee panel   LinkedInFacebookTwitterEmail this Story
  In the Pentagon 
  • Terrorist attack leaves at least 20 dead at Afghan hotel
    A 12-hour siege on a hotel outside Kabul ended with at least 20 people dead. Militants attacked the hotel with rocket-propelled grenades, suicide vests and machine guns before the location was secured by Afghan and NATO forces. NATO officials in Afghanistan said the assault was likely carried out by the Taliban-aligned Haqqani network based out of Pakistan. Reuters (6/22) LinkedInFacebookTwitterEmail this Story
  • Syrian troops seem poorly trained, incompetent
    The inability of Syrian armed forces to effectively operate equipment while engaging rebels is raising questions about whether government forces are poorly trained, or are feigning incompetence. Some believe that government troops are intentionally fighting poorly because they sympathize with rebel troops. McClatchy Washington Bureau (6/21) LinkedInFacebookTwitterEmail this Story
  • Other News
  On the Hill 
  • McCain says sequestration could be avoided with revenue hike
    Revenue increases, such as the elimination of ethanol tax breaks, could stave off sequestration cuts to defense, says Sen. John McCain, R-Ariz., the senior Republican on the Senate Armed Services Committee. Experts warn that defense firms and the military will be forced to send out layoff notices soon if the defense cuts aren't halted. "We have several million jobs that are at stake," said Marion Blakey, president and CEO of the Aerospace Industries Association. Bloomberg Businessweek (6/21) LinkedInFacebookTwitterEmail this Story
  • Other News
  On the Home Front 
  • Unemployed veteran sells Army medal on eBay
    Iraqi veteran Bill Shephard put his Army medal up for auction on eBay this week, where it sold for $5,200. Shephard says he plans to use some of the money to start a small business. "I did it out of desperation and frustration. It was a last resort," Shephard said. The Huffington Post (6/21) LinkedInFacebookTwitterEmail this Story
  Service Section News 
  Reserve Strength 
  • Report recommends military-pay overhaul
    Congress and the Pentagon need to update the armed forces' combat-pay system to better compensate younger enlisted troops who often face the most danger, according to the latest Quadrennial Review of Military Compensation. The study, required by law every four years, said there's a significant disconnect between the amount of danger a solider faces and the compensation offered. Air Force Times(free registration) (6/21) , Stars and Stripes (6/21) LinkedInFacebookTwitterEmail this Story
  • Other News
  Reserve Life 
  • Wall Street banks recruit military veterans
    "Veterans on Wall Street" is beginning its second year as a recruiting tool for Wall Street banks interested in bringing former military personnel onto their payrolls. The program is backed by Bank of America Merrill Lynch, Citigroup, Credit Suisse, Deutsche Bank and Goldman Sachs. New York magazine (6/21) , CNBC (6/21) LinkedInFacebookTwitterEmail this Story
  • New rules aim to help service members make mortgage decisions
    Mortgage providers must provide more information to service members about how they can modify their loans or sell their homes in the event that they're relocated, under rules recently released by U.S. financial regulators. "This guidance provides specific notice to mortgage servicers that this country already has substantial laws in place to help military members in this still-recovering housing market," said Richard Cordray, director of the Consumer Financial Protection Bureau. Reuters (6/21) LinkedInFacebookTwitterEmail this Story
  • Other News
  ROA News 
  • ROA testifies on veteran employment and homeownership
    Thursday, ROA's executive director, retired Maj. Gen. Andrew Davis (USMC), testified before the House Committee on Veterans' Affairs' Subcommittee Economic Opportunity panel on pending legislation including the Help Veterans Return to Work Act, the Fairness for Military Homeowners Act and the Military Family Home Protection Act. Emphasizing that unemployment continues to run about 10 percent higher for younger Reserve and Guard members than for nonaffiliated veterans, Davis urged for legislation to put members of the Reserve components in jobs, and to protect military homeowners and their families. Read the testimony. LinkedInFacebookTwitterEmail this Story
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