This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

We Keep Paying the Cost of Our Wars

PORTLAND, Ore. ( TheStreet) -- Four years ago, I told the story of 23-year-old Marine Lance Corporal Jeffrey Michael Lucey of Belchertown, Mass. -- an Iraq veteran who committed suicide after struggling with post-traumatic stress disorder -- as a means of explaining what was then a recent spike in military suicides.

Next year will be the 10th anniversary of Lance Corporal Lucey's death. In that decade, the number of suicides among active members of the military and veterans hasn't abated. In fact the 349 military suicides in 2012 exceeded the 295 U.S. military members who died in combat in Afghanistan last year. Most suicides occurred among personnel between 18 and 24 years old. Meanwhile, roughly 6,500 former military personnel killed themselves last year, which equates to one suicide every 80 minutes.

The June 2012 Monthly Medical Surveillance Report published by the Armed Forces Health Surveillance Center directly addresses military suicide and notes that annual incident diagnoses of mental disorders among active service members have increased by roughly 65% percent in the last 12 years. That doesn't just go away when service members are discharged, either. The Department of Veterans Affairs estimates that roughly 13% of the overall U.S. homeless population are veterans, with 50% experiencing severe mental illness and 75% struggling with substance abuse.

Younger vets from recent wars make up approximately 10% of that veteran homeless population and 31% of all veteran suicides. As we mentioned three years ago while telling the story of 21-year-old Army Specialist Adam Kuligowski -- who took his rifle into a bathroom stall at Bagram Air Base in Afghanistan and shot himself on on April 6, 2009 -- often the very drugs soldiers are using to combat depression, insomnia and post-traumatic stress disorder are the ones interacting with other drugs and pushing military personnel toward suicide.

This is what those who've fought our nation's most recent wars have had to deal with. This is the collective price they pay, and it hasn't diminished in recent years. On this Veterans Day and every other within the last decade or so, an increasing number of veterans are finding themselves pushed to the brink as the infrastructure of VA facilities, clinics, doctors, shelters, safe house and other facilities do what they can to keep them stable or, at the very least, alive.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs