My name is Floyd Sears.

I am a military retiree and a military veteran. I served the United States of America in the United States Air Force for 20 years from 1951 to 1971.

Please allow me to tell you about the greatest swindle of all time... a broken contract with America's military retirees.

This is my story, but any one of the other 1.8 million military retirees affected by this swindle could tell you the same story.

As we examine this issue think about the words "fraud" and "swindle".

• Fraud: Is a deliberate deception for unfair or unlawful gain. A trick.
• To Swindle: Is to cheat or defraud of money or property.
• Also think about the definition of a contract, with the most basic elements being the offer and the acceptance of the offer.