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Foodstamps Soar By Most In 16 Months: Over 1 Million Americans Enter Poverty In Last Two Months

Tyler Durden's picture




 

And we thought last month's delayed foodstamp data was bad. The just reported foodstamp number for September was a doozy, with 607,544 new Americans becoming eligible for foodstamps, as a record 47.7 million Americans are now living in poverty at least according to the USDA. The monthly increase was the highest since May 2011, and with August's 421K new impoverished America, over 1 million Americans made the EBT card their new best friend. It is unclear just which atmospheric phenomenon will get the blame for this unprecedented surge in poverty, which comes at a time when the pre-election economic data euphoria was adamant that the US economy was on an escape velocity to utopia. Instead what we do know is that in August and September, over three times as many foodstamp recipients were add to the economy as jobs (324,000). We also know that with the imminent impact of Sandy, which will send foodstamp recipients soaring, it is now looking quite possible that the US may end 2012 with just over a mindboggling 50 million Americans living in absolute poverty and collecting the $134.29 average monthly benefit per person, instead of working. Welcome to the recovery indeed.

Individual Americans on foodstamps:

Foodstamps at the household level rose to a record 24 million:

Aggregating foodstamp, disability and nonfarm payrolls data shows that since the start of the Depression in December 2007, 21.8 million Americans have shifted more or less permanently to the entitlement line, even as the US still has to generate 4.4 million jobs just to break even.

And the same shown on a monthly basis:

Source: SNAP

 

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Sun, 12/09/2012 - 23:15 | 3047748 ekm
ekm's picture

Put another 2 or 3 million there and there you have Obama giving orders to Bernanke to stop printing electrons.

Sun, 12/09/2012 - 23:29 | 3047775 ACP
ACP's picture

Amazing how the same people who say they believe in evolution, won't let it happen. Of course, it will happen eventually, but probably all in one fell swoop.

Sun, 12/09/2012 - 23:31 | 3047782 AssFire
AssFire's picture

oh sheet... dat be raciss.

Sun, 12/09/2012 - 23:56 | 3047836 TruthInSunshine
TruthInSunshine's picture

At this rate, soon there will be 1 in 6 Amerikans dependent on EBT/SNAP from benevolent BigGov for their daily sustenance, and 1 in 3 Amerikans (or a cool 1/3 of the population) dependent on (or at least drawing) SSI payments, Social Security, Medicare, Medicaid, heating/utility assistance, aid to families with dependent children and a myriad of other government programs for the mere basic, necessities.

ooops....we're already there...

In KronyKomradeKapitalist USSA, EBT Card Swipe You!

 

FORWARD!

Mon, 12/10/2012 - 00:05 | 3047861 JohnG
JohnG's picture

 

 

Yes, and I see this getting really, really ugly when the ponzi collapses and this cannot continue.  Open warfare in the streets ugly.

Mon, 12/10/2012 - 00:14 | 3047868 TruthInSunshine
TruthInSunshine's picture

An OT p.s. -

 

Do not fret, for China will save the global economy (allegedly...again).

After all, it's not as if China's trade balance didn't SHRINK BY 40% FROM THE PRIOR MONTH, BITCHEZ!

Joe Weisenthal was just reporting last night that China's economy is ON FIRE once again!

12-09 22:39: Chinese Trade Balance (USD)(Nov) 19.63bln vs. Exp. 26.85bln (Prev. 32bln)

 

Chinese Trade Balance (USD)(Nov) 19.63bln vs. Exp. 26.85bln (Prev. 31.99bln, Rev. 32,05bln)

- Exports (Nov) Y/Y 2.9% vs. Exp. 9.0% (Prev. 11.6%)
- Imports (Nov) Y/Y 0.0% vs. Exp. 2.0% (Prev. 2.4%)
- China Jan-Nov Iron Ore Imports 670mln tons, up 8.2% on year.
- China November seasonally adjusted exports rise 3.8% on year; rise 3.2% on month.
- China November seasonally adjusted imports fall 0.3% on year; fall 6.6% on month.

Update details:

- This numbers are disappointing particularly the export number as China relies heavily on exports. This may signal some dropping demand for Chinese goods. [**No shit, really?**]

Ruh-Roh, when American stop buying cheap, Chinese shit, buckle up.

Mon, 12/10/2012 - 00:23 | 3047894 Richard Chesler
Richard Chesler's picture

Thebernanke Rah! Rah!

 

Mon, 12/10/2012 - 11:22 | 3048523 Enslavethechild...
EnslavethechildrenforBen's picture

Zombies!

Mon, 12/10/2012 - 00:27 | 3047902 JohnG
JohnG's picture

All your rubber dogshit are belong to us....since you ain't buyin'.

Mon, 12/10/2012 - 00:34 | 3047911 dick cheneys ghost
dick cheneys ghost's picture

Thank god the unemployment rate went down.......sarc..........

Mon, 12/10/2012 - 07:49 | 3048163 IBelieveInMagic
IBelieveInMagic's picture

Maybe the plan is to switch to the EBT card as the official currency of the US once the critical mass is reached. The tipping point would be when Walmart shortly reports that their sales from EBT has exceeded cash/credit card sales.

Get the word out -- enrolling in SNAP is your patriotic duty! I can visualize a JP Morgan TV advertisement styled like US Army exhorting everyone to enroll.

Mon, 12/10/2012 - 07:26 | 3048164 GetZeeGold
GetZeeGold's picture

 

 

With the new EBTs......you don't need a job to buy hookers and gold.

Mon, 12/10/2012 - 10:11 | 3048339 goldfish1
goldfish1's picture

Why isn't our economy on fire?

Mon, 12/10/2012 - 10:26 | 3048379 unrulian
unrulian's picture

it will be.....it will be.....

Mon, 12/10/2012 - 00:37 | 3047916 Mike in GA
Mike in GA's picture

Not to mention starvation, desperation and evaporation. Of confidence.

Mon, 12/10/2012 - 00:48 | 3047942 JohnG
JohnG's picture

That's exactly what I mean.  Starvation.  When it comes down to "I get some food for my kids or they and I die," they'll be ready to kill for it.  That happens and there really is no choice to be made.  Either you get some food, or die trying.  Either way, you'll probably die, but so what???  That is real desparation.

Mon, 12/10/2012 - 01:31 | 3048000 Harbanger
Harbanger's picture

Govt's always have lingering authority even when their system is in "collapse", look around at the present examples.  There's always going to be a line somewhere for relief food.  More people will die fighting for that than anything else.

Mon, 12/10/2012 - 05:24 | 3048121 NidStyles
NidStyles's picture

Eventually people will just start shooting those assholes.

Mon, 12/10/2012 - 07:07 | 3048156 HiHoAg
HiHoAg's picture

The poor or the politicians??

Mon, 12/10/2012 - 08:20 | 3048188 new game
new game's picture

i think there will be much dicrimination by iq.

dumb fucks die most as darwin has forcast (with the help of the mother of all mothers).

but don't overthink this as it is quite simple...

Mon, 12/10/2012 - 09:23 | 3048266 Miss anthrope
Miss anthrope's picture

DAMMIT.......... i hate to be the spelling nazi but where is your S?

 

Mon, 12/10/2012 - 10:13 | 3048348 BLOTTO
BLOTTO's picture

Do you see how the masses act now when Justin Beiber,

the new Call of Duty,

or iphone comes out/rolls into town?!?!?

They wait outside in a line huddled together for hours/days in make-shift tents...

.

Imagine what it will be like for the masses when its....ummmm, food?

Mon, 12/10/2012 - 09:00 | 3048227 GMadScientist
GMadScientist's picture

"Eventually people will just start shooting those assholes."

The Grapes of Wrath: Fiscal Cliff Notes edition.

Mon, 12/10/2012 - 10:15 | 3048350 goldfish1
goldfish1's picture

Look what happened during the aftermath of the Hurricane. The people involved were sol until the gasoline was delivered and the power came back.

QE to the moon baby, there's no other way for the bernanke to play it.

Mon, 12/10/2012 - 00:52 | 3047949 Anusocracy
Anusocracy's picture

Food Stamp recipients: the modern day Cargo Cultists.

Mon, 12/10/2012 - 11:25 | 3048535 blunderdog
blunderdog's picture

What's the POINT in beating up the poor in the middle of a massive global depression?  Do you think all the broke-ass farmers in the '30s were Cargo Cultists too?

Poor people are never going to "go away."  And massive depressions (and regular recessions) are a regular characteristic of our economic system.

Whoever it is who deserves the scorn in a case like this, it certainly isn't the poor bastards who never participated meaningfully in getting us here.  They're just along for the ride engineered by bankers and implemented by politicians.

Mon, 12/10/2012 - 01:01 | 3047967 Harbanger
Harbanger's picture

"Yes, and I see this getting really, really ugly when the ponzi collapses and this cannot continue. Open warfare in the streets ugly."

Bitches rioting and destroying their neighborhood is not open warfare.  The first wave of riots will be nice.  When they realize the state is overwhelmed and they can't go back home or call for help, the long lost nature of man will find it's place again.  That's when the fun begins.

Mon, 12/10/2012 - 06:14 | 3048135 10mm
10mm's picture

Well in paris they are digging up graves and taking gold and silver from the teeth and what not.Stealing any viable metals.

Mon, 12/10/2012 - 07:18 | 3048159 fiftybagger
fiftybagger's picture

Sounds like they are getting a wee bit close to divine wrath:

Thus saith the LORD of hosts, the God of Israel; Behold, I will bring evil upon this place, the which whosoever heareth, his ears shall tingle. 4 Because they have forsaken me, and have estranged this place, and have burned incense in it unto other gods, whom neither they nor their fathers have known, nor the kings of Judah, and have filled this place with the blood of innocents; 5 They have built also the high places of Baal, to burn their sons with fire for burnt offerings unto Baal, which I commanded not, nor spake it, neither came it into my mind: 6 Therefore, behold, the days come, saith the LORD, that this place shall no more be called Tophet, nor The valley of the son of Hinnom, but The valley of slaughter. 7 And I will make void the counsel of Judah and Jerusalem in this place; and I will cause them to fall by the sword before their enemies, and by the hands of them that seek their lives: and their carcases will I give to be meat for the fowls of the heaven, and for the beasts of the earth. 8 And I will make this city desolate, and an hissing; every one that passeth thereby shall be astonished and hiss because of all the plagues thereof. 9 And I will cause them to eat the flesh of their sons and the flesh of their daughters, and they shall eat every one the flesh of his friend in the siege and straitness, wherewith their enemies, and they that seek their lives, shall straiten them.

Jeremiah 19
King James Version

Mon, 12/10/2012 - 09:02 | 3048230 GMadScientist
GMadScientist's picture

In the future, Christianity will finally be classified as the mental disease it has always been.

 

Mon, 12/10/2012 - 10:07 | 3048331 moregoldplease
moregoldplease's picture

But not Islam I suppose

Mon, 12/10/2012 - 10:23 | 3048373 Disenchanted
Disenchanted's picture

 

 

Verily I say unto you...  (just kidding GMad, I have no iron in this fire) ;p (but I was well versed in 'Christinanity in my yute.)

 

btw I'm pretty sure Jeremiah is from the Jewish Bible aka the Old Testament...so we'd have to include Judaism in the mental disease category as well.

 

As an aside something I've always wondered...since 'God's chosen people' were initially represented by twelve tribes, how did it all boil down to be all about only one of those tribes(Judah)?

Mon, 12/10/2012 - 10:55 | 3048450 francis_sawyer
francis_sawyer's picture

Worship the sun... Because BALL DON'T LIE...

Mon, 12/10/2012 - 10:59 | 3048459 TrulyBelieving
TrulyBelieving's picture

Yes, in this world you will be right. Don't steal, don't murder, don't covet, don't commit adultery, etc.  In an upside-down world that people such as gmadscientist feel at home in these attributes will be classified as mental disorders.     

Mon, 12/10/2012 - 11:05 | 3048479 MassDecep
MassDecep's picture

To whom shall I speak, and give warning, that they may hear? behold, their ear [is] uncircumcised, and they cannot hearken: behold, the word of the LORD is unto them a reproach; they have no delight in it.
 Therefore I am full of the fury of the LORD; I am weary with holding in: I will pour it out upon the children abroad, and upon the assembly of young men together: for even the husband with the wife shall be taken, the aged with [him that is] full of days.
And their houses shall be turned unto others, [with their] fields and wives together: for I will stretch out my hand upon the inhabitants of the land, saith the LORD.
For from the least of them even unto the greatest of them every one [is] given to covetousness; and from the prophet even unto the priest every one dealeth falsely.

Mon, 12/10/2012 - 00:12 | 3047879 Freddie
Freddie's picture

I saw a number on the web today. All the benefits Obam people get adds up to about $61,000 a year.  Note that this is essentially tax-free so that would be about $95,000 for the average working person.  Note this does not include free ObamaPhones.

Mon, 12/10/2012 - 08:18 | 3048186 Watauga
Watauga's picture

And that almost certainly does not include all of the free education costs, from pre-K through however many years of college we pay for before they finally are allowed to flunk out.  I figure that by sending my children to private schools (we live where they could not attend public schools with any sense of safety and security), we paid for the private schools, the kids at the private school who were freebies, the public schools, State-funded colleges, the out-of-State colleges my kids attended, and the financial aid that pushed so many unqualified students into college.  So, at least half of my education payments went NOT to my children, but to OTHER children.  Throw the value of free school, K-college, and you are well over $100K per beneficiary.

Mon, 12/10/2012 - 09:05 | 3048233 GMadScientist
GMadScientist's picture

Good thing some of those public school kids end up paying more taxes than you do!

Mon, 12/10/2012 - 10:26 | 3048378 Calculated_Risk
Calculated_Risk's picture

And your education came from???

And was it free to educate you? Wait, whom paid for that?!

Now your bitching cause you picked a shitty hood to live in and had to truck your kids elsewhere.

Don't be like .gov and blame your bad choices on others. Suck it up pussy!

Mon, 12/10/2012 - 11:05 | 3048483 Chuck Walla
Chuck Walla's picture

YES WE CAN!!!

FORWARD SOVIET!!!

Mon, 12/10/2012 - 00:21 | 3047891 Alexandre Stavisky
Alexandre Stavisky's picture

When he looked up and saw a large crowd coming toward him, Jesus said to Philip, ‘Where are we to buy bread for these people to eat?’ He said this to test him, for he himself knew what he was going to do. Philip answered him, ‘Six months' wages would not buy enough bread for each of them to get a little.’ One of his disciples, Andrew, Simon Peter's brother, said to him, ‘There is a boy here who has five barley loaves and two fish. But what are they among so many people?’ Jesus said, ‘Make the people sit down.’ Now there was a great deal of grass in the place; so they sat down, about five thousand in all. Then Jesus took the loaves, and when he had given thanks, he distributed them to those who were seated; so also the fish, as much as they wanted. When they were satisfied, he told his disciples, ‘Gather up the fragments left over, so that nothing may be lost.’ So they gathered them up, and from the fragments of the five barley loaves, left by those who had eaten, they filled twelve baskets. When the people saw the sign that he had done, they began to say, ‘This is indeed the prophet who is to come into the world.’ When Jesus realised that they were about to come and take him by force to make him king, he withdrew again to the mountain by himself.

 

The system must be flawed (obviously).  A system in harmony with the creation of the earth has enough and more for all.  Man's interdiction and seeking of authority over many, by furnishing for some, by plundering all, will come to an dark end.  Ever is the struggle between the garden of eden (done by wise and skilled) and the thorns, thistles, tribulations of the lower order of space we inhabit.

Men exist on bread, but live by mannah.

Mon, 12/10/2012 - 00:35 | 3047914 Terminus C
Terminus C's picture

holy shit... that story of Jesus is an allegory for fractional reserve banking...

Mon, 12/10/2012 - 00:54 | 3047952 JohnG
JohnG's picture

Fractional reserve fish?  Damn, this is a depressing thread.  I'm going to go get another drink.  A big one.

Mon, 12/10/2012 - 02:21 | 3048035 Freddie
Freddie's picture

I am not well versed in the Bible.  I am also not some bigot who attacks people with faith. 

But who was the guy who went into to the temple and smacked around the money changers (FRB) aka vampire squid Goldman Sachs of the day? 

Wasn't it that Jesus fellow?   

Mon, 12/10/2012 - 03:03 | 3048062 Freddie
Freddie's picture

+1 Thanks.

Mon, 12/10/2012 - 09:58 | 3048312 Disenchanted
Disenchanted's picture

 

 

"Holy shit it's socialism!" - ROFLMAO

 

 

Mon, 12/10/2012 - 09:07 | 3048236 GMadScientist
GMadScientist's picture

Point of fact: Jesus wouldn't have cared, but for the fact they were IN the temple.

 

Mon, 12/10/2012 - 11:21 | 3048524 mayhem_korner
mayhem_korner's picture

 

 

You are the master of uninformed comments today, GMS.  I'm pretty sure you don't know a whole lot of what the Bible actually says, in context.

Mon, 12/10/2012 - 13:03 | 3048797 smiler03
smiler03's picture

You don't need to know "the bible" at all. Those who quote it though are invariably mentally weak. It applies to all religions. Self perpetuating nonsense for the feeble minded who then brainwash the next generation.

What amuses me most is that you Christians (the majority religion in the US) are the largest flock of sheeple there is.

Mon, 12/10/2012 - 18:44 | 3050013 mayhem_korner
mayhem_korner's picture

 

 

How can you be sure if someone is or isn't quoying the Bible - including yourself - if you don't know what's in it?

Mon, 12/10/2012 - 12:16 | 3048716 pursueliberty
pursueliberty's picture

He was messing with the jews money, he must be crucified.

Mon, 12/10/2012 - 04:13 | 3048086 mumcard
mumcard's picture

Only if I can take your one real fish and then give out 9 paper fish at interest.

Mon, 12/10/2012 - 09:08 | 3048237 GMadScientist
GMadScientist's picture

The fishmonger is not amused.

Mon, 12/10/2012 - 09:50 | 3048301 Disenchanted
Disenchanted's picture

 

 

 

 

Did Jesus just rehypothecate the loaves and fishes(someone elses property) for the masses? Damn, I guess he really was a Jew, a populist, and a Communist all in one.

 

Now I'll be bathed in the blood(red down arrows) of the lamb... ;p

Mon, 12/10/2012 - 02:26 | 3048039 jumbo maverick
jumbo maverick's picture

So what the story means is that the muslum prince is Jesus and by handing out food stamps to everyone then he can feed them all. What if some don't like fish and bread can't they get sompin else?
Brondo gots electrolytes.

Mon, 12/10/2012 - 03:06 | 3048064 Harbanger
Harbanger's picture

"The system must be flawed (obviously).  A system in harmony with the creation of the earth has enough and more for all."

So what's the name of your harmonious Utopian system which has enough and more for all?  Nice spin on a bible story.  Ever is the struggle by "some" for the promised garden of eden.

Mon, 12/10/2012 - 09:07 | 3048235 dolly madison
dolly madison's picture

That was the quote I intended to comment on as well.  I am not a believer, so the rest of the comment was not relevant to me.   Yeah the system is definitely flawed.  The changes we need to correct the flaws will not come without revolution though.  TPYB do everything to keep that money in motion, and debt slavery continuing rather than promoting what would be good for the people, more independence.

Mon, 12/10/2012 - 02:18 | 3048032 jal
jal's picture

don't forget to add all those students going to school and getting loans from the gov.

Mon, 12/10/2012 - 02:30 | 3048042 Freddie
Freddie's picture

It is falling apart so fast under the kenyan.  I have seen people and families failing and falling that I never expected to crash in burn in my wildest dreams.

Mon, 12/10/2012 - 09:08 | 3048238 GMadScientist
GMadScientist's picture

Thanks, Dubya!

Mon, 12/10/2012 - 05:01 | 3048109 Kobe Beef
Kobe Beef's picture

Looks like Cloward-Piven really has it going on now. It's only a matter of time 'til the ponzi shatters.

I'm going to go read the 'Iceland Success Story' post now. Maybe it'll show how a real nation handles its business.

Fuck the USSA. Fuck the Fed. Free Texas!

Mon, 12/10/2012 - 11:05 | 3048477 Jeep In Mud
Jeep In Mud's picture

You can count on me as being the 1 in 6.  Guess I am at poverty line.  My $200 in EBT food taste as good as the people using their EBT...er Credit Cards.

The other benefit for my EBT card in my state is I don't have to get a fishing license.  My EBT card qualifies.  Now I already got my 99 weeks of unemployment.  And I technically could feed myself, but why bother.  I'm personally afraid if I take too many entitlements, I won't be able to come back off the teet.  So just EBT.  I'm not disabled or anything, just don't want to work.

Also, what is the difference between the government paying me to do nothing, and the government paying someone to do something?  Either way is a drain on the taxpayers.  I don't lie to myself and "feel" I am helping people with my plush .gov job.

We need everyone on the .gov teet.  Then this shit can start to get fixed from the ashes.

Mon, 12/10/2012 - 12:23 | 3048734 AmCockerSpaniel
AmCockerSpaniel's picture

This can not be right because, new car sales are still climbing.

Mon, 12/10/2012 - 09:02 | 3048231 max2205
max2205's picture

And there's that 1 million votes the black prezz needed to win

Well played sir.....

Sun, 12/09/2012 - 23:39 | 3047788 vast-dom
vast-dom's picture

ODB in his chauffeured Bentley drove up to the gov office and took some chedder cheese and foodstamps back in the day as filmed on MTV! Big Baby Jesus was always ahead of his time!

 

how the fuck does anyone eat on $134.29 per month????? that's not even enough for wonder bread fattening up bread and peanut butter!!!!! scary shit!

 

I need to get me one of them EBT cards, but strictly for tips at the strip club yo!

Sun, 12/09/2012 - 23:58 | 3047849 Ginsengbull
Ginsengbull's picture

My rap name was Vanilla Lightning.

Mon, 12/10/2012 - 00:18 | 3047884 vast-dom
vast-dom's picture

and you managed to secure a Zero Record deal...

Mon, 12/10/2012 - 01:23 | 3047991 Money Squid
Money Squid's picture

ODB fo da wiiiiiiin

http://www.youtube.com/watch?v=lrvnLpLjTuA

 

That guy always made me laugh.

Mon, 12/10/2012 - 10:27 | 3048386 vast-dom
vast-dom's picture

Thx $quid for that blast from the past! Dirt McDirt!

Mon, 12/10/2012 - 02:53 | 3048055 Mentaliusanything
Mentaliusanything's picture

Micy dees...... not only does it expand yo ass, it makes a EBT card go with it:

Mon, 12/10/2012 - 09:09 | 3048239 GMadScientist
GMadScientist's picture

You use the EBT card to buy things, not collect tips.

Mon, 12/10/2012 - 09:15 | 3048252 dolly madison
dolly madison's picture

My family eats on $600/month for 5 of us, and I live in a small town with no big box stores or double coupons.  How I do it is to cook everything from scratch.  Cheap white bread might be the cheapest ready-made food around, but bread is pennies when you make it from flour.

Mon, 12/10/2012 - 10:18 | 3048354 goldfish1
goldfish1's picture

You do good.

Mon, 12/10/2012 - 21:14 | 3050458 kekekekekekeke
kekekekekekeke's picture

is it really worth the gluten/flour/carbs tho

Mon, 12/10/2012 - 09:05 | 3048232 IamtheREALmario
IamtheREALmario's picture

"In the Summer time ... If your daddy's rich then do what you feel ... come along, come along". I think part of the issue facing the controllers of this planet is that there are too many useless elitists (or people who think they are elites because they have been given fiat). Maybe just a clue for them, it looks as if they are the ones who will suffer the greatest betrayal by their lying masters. What exactly are they without "fiat" to protect them?

As they say ... "A cave is a grave". Lol ... what's on the menu?

Mon, 12/10/2012 - 11:09 | 3048495 Zap Powerz
Zap Powerz's picture

ACP:

Praise Mother Nature! Allejua!

Sun, 12/09/2012 - 23:29 | 3047776 AU5K
AU5K's picture

A food stamp bubble and an obesity bubble at the same time... 

 

Something has to give !

Mon, 12/10/2012 - 00:22 | 3047885 derek_vineyard
derek_vineyard's picture

driving their SUV, parking in handicap due to obesity, getting on their electric shopping cart paid by medicaid , loading up on garbage foods via their food stamp debit card and then farting as they pass by me

Mon, 12/10/2012 - 01:13 | 3047982 Supernova Born
Supernova Born's picture

Winning.

Mon, 12/10/2012 - 03:02 | 3048061 Mentaliusanything
Mentaliusanything's picture

Eugenics at work as it was intended. Working hard to kill the Lard

Mon, 12/10/2012 - 05:57 | 3048131 Acet
Acet's picture

Yeah well, when the collapse hits, those fatties will last longer thanks to their carefully accumulated body energy reserves.

Unless we get a zombie apocalypse, in which case the fatties will die first, 'cause they can't run faster than the zombies.

 

Mon, 12/10/2012 - 11:42 | 3048591 Ace Ventura
Ace Ventura's picture

Rule #1 in Zombieland: CARDIO

Mon, 12/10/2012 - 01:02 | 3047968 AGuy
AGuy's picture

"Put another 2 or 3 million there and there you have Obama giving orders to Bernanke to stop printing electrons."

No, all those recipients now dependant on the Gov't will go on supporting socialists, including Obama. The Number of participates in Wealthfare is a sign of success. The game is to get as many people on Wealthfare because it increases the number of voters willing to support them.

Obama wants to get rid of the debt ceiling. This is so he can go on spending, and to increase the Wealthfare budget for his supporters. Tax increases those on the working class (aka the Fiscal Cliff) will increase the number of people on Wealthfare, as jobs disappear and the only hope for the jobless, are gov't checks.

 

 

 

Mon, 12/10/2012 - 02:26 | 3048040 jal
jal's picture

I think that the gov. should make some senior housing that is free for the poor.

Just think of all the cah flow that the rich gannies will get from their investments.

 

SAVE THE RICH.

LET THE POOR EAT CAKE.

Mon, 12/10/2012 - 11:05 | 3048481 j0nx
j0nx's picture

Trillions to banks/bankers and $134 a month to the poor so that they can live off food that is cheap and terrible for their bodies. Win win imo...

Mon, 12/10/2012 - 11:30 | 3048553 WhyDoesItHurtWh...
WhyDoesItHurtWhen iPee's picture

....... food that is cheap and terrible for their bodies............"

That is also subsidized by tax payers aka "Farm Bill" and other Big gov give aways "tax breaks".

Mon, 12/10/2012 - 04:36 | 3048099 TraderTimm
TraderTimm's picture

Here's some charts and things constructed with data right off the good 'ol SNAP website via an analyst friend:

https://docs.google.com/folder/d/0B-pimih9wLoxYWR2X0dhdDVDc3M/edit?pli=1

Original data and resulting graphs. Fun points - We're at 500% Food CPI since 1970, and close to 2,000% increase in food stamp usage per person.

Enjoy.

Mon, 12/10/2012 - 11:06 | 3048488 j0nx
j0nx's picture

500% since 1970 my ass. 200% alone in the past 3 years.

Sun, 12/09/2012 - 23:17 | 3047750 quasimodo
quasimodo's picture

meh.........next!

Sun, 12/09/2012 - 23:18 | 3047755 Jacque Itch
Jacque Itch's picture

As planned.  Nice work comrades.

Sun, 12/09/2012 - 23:19 | 3047756 otto skorzeny
otto skorzeny's picture

USA...WINNING!

Sun, 12/09/2012 - 23:41 | 3047802 LongSoupLine
LongSoupLine's picture

yep otto, and JPM especially...

 

Let's give Jamie Dimon and crew a big hand for now managing 50 million serfs under SNAP.

 

Fuck you JPM.  I'm buying more physical silver in celebration of personally pushing those fuckers (yes you Blythe, you whore) under the bus.

Mon, 12/10/2012 - 11:09 | 3048493 j0nx
j0nx's picture

GL with that.

Sun, 12/09/2012 - 23:23 | 3047761 granderojo
granderojo's picture

Sometimes I wonder how many people are qualified for foodstamps vs how many actually take them.

Sun, 12/09/2012 - 23:29 | 3047778 mayhem_korner
mayhem_korner's picture

 

 

The important number is how much of your grandkids future earnings are being confiscated to pay for the program.

Sun, 12/09/2012 - 23:40 | 3047801 tickhound
tickhound's picture

Yeah, but the really, REALLY important number is......

The .5billion and climbing $ that JPMORGAN books from this program.

The more card users, the bigger the profit for THE media darling and financial "genius", Jamie Dimon.

THIS is the social "contract" that is being honored.

Mon, 12/10/2012 - 09:11 | 3048242 GMadScientist
GMadScientist's picture

Ding ding ding! Winner!

Follow the fucking money. Hint: it doesn't stay in the ghetto.

Mon, 12/10/2012 - 00:58 | 3047958 Anusocracy
Anusocracy's picture

The grandkids that have an ever decreasing chance of future earnings.

Those grandkids?

Mon, 12/10/2012 - 10:22 | 3048366 goldfish1
goldfish1's picture

I think most qualify even though some cheat.

Mon, 12/10/2012 - 12:50 | 3048820 smiler03
smiler03's picture

Plus there will always be those that qualify but don't want to take the benefit or even those who don't know that they qualify.

Mon, 12/10/2012 - 13:44 | 3048991 FreeNewEnergy
FreeNewEnergy's picture

According to the last five-seven years of tax returns, I qualify, but never even thought of applying for food stamps.

Of course, I do my own taxes and mastered in Avoidance at TAXFU.

I can eat just about anything I like on $30 a week, which isn't too bad, I figure. Plus, grow my own - vegetables, tobacco and more.

Buying more land. Opening a food stand and small eatery. People gotta eat, so I might as well feed 'em. Hopefully, I'll be rich before I die.

Sun, 12/09/2012 - 23:23 | 3047763 nmewn
nmewn's picture

Fucking Forward...lol.

(Sigh)

Mon, 12/10/2012 - 09:12 | 3048243 GMadScientist
GMadScientist's picture

C'mon...if anyone can succeed at secession, it's gotta be Florida!

(must take the old jews with you)

Sun, 12/09/2012 - 23:27 | 3047769 magpie
magpie's picture

As long the USA is not an importer, it is EBTopia

Sun, 12/09/2012 - 23:28 | 3047770 mademesmile
mademesmile's picture

I don't thinks it's instead of working. It just encourages $8 hourly wages because a family can just make it on that, as long as the govt. subsidises  housing, food, insurance, childcare and education. People would NOT work for less than they can live off of, which they are obviously doing now. Wal-mart is the master of getting cheap labor by encouraging employees to make the government pay the gap.

Mon, 12/10/2012 - 07:48 | 3048171 flattrader
flattrader's picture

For middle class idiots who want a Walmart in their community so they can save money in their pockets, just remember that the corporate welfare queen is picking your other pocket through tax increment financing, tax abatements, public assistance paid to employees becuase they won't pay a decent wage etc...

Every time you drive your car to a Walmart, you are on the road in the great race to the bottom.

Stop getting in the car.

Mon, 12/10/2012 - 11:28 | 3048547 Its_the_economy...
Its_the_economy_stupid's picture

wish i could give you 2 up arrows

Sun, 12/09/2012 - 23:27 | 3047771 Yen Cross
Yen Cross's picture

Need moar BEER...

Sun, 12/09/2012 - 23:29 | 3047772 mayhem_korner
mayhem_korner's picture

 

 

40 of the 46 mos. Barry has been in the White House, SNAP participation has gone up.  That's some special recovery.

Mon, 12/10/2012 - 02:12 | 3048026 Kiwi Pete
Kiwi Pete's picture

According to Ludwig von Mises there is absolutely nothing Obama could do to prevent this bust:

 

“The final outcome of the credit expansion is general impoverishment. Some people may have increased their wealth; they did not let their reasoning be obfuscated by the mass hysteria, and took advantage in time of the opportunities offered by the mobility of the individual investor… but the immense majority must foot the bill for the malinvestments and the overconsumption of the boom episode.” 

Mon, 12/10/2012 - 05:10 | 3048111 Kobe Beef
Kobe Beef's picture

True. But he could have investigated, indicted, and prosecuted the Racketeers who brought the country to this crisis. Instead, he bails them out and protects them. Just as he (and the W before) was selected to do.

He's not a President, not even a real leader. Just a signature and a teleprompter: passing paper and pushing propaganda for the Cartel.

Mon, 12/10/2012 - 09:14 | 3048246 GMadScientist
GMadScientist's picture

Right!

"After two weeks of contentious and often emotional debate, the federal government's far-reaching and historic plan to bail out the nation's financial system was signed into law by President Bush on Friday afternoon."

Mon, 12/10/2012 - 09:15 | 3048247 GMadScientist
GMadScientist's picture

<dup kilt>

Sun, 12/09/2012 - 23:34 | 3047783 yogibear
yogibear's picture

Yes we can surpass 50 million people on food stamps. More people getting free cell phones, rent, health care and education.

In the mean time Bubble Burnanke and the fed are on a mission to print away debt.

Mon, 12/10/2012 - 01:00 | 3047964 Taffy Lewis
Taffy Lewis's picture

I'm confident that the Food Stamp President will hit 50 million.

Of course, the sheeple will just say that it's not his fault: it's because of the "do-nothing Congress" :-)

Mon, 12/10/2012 - 01:04 | 3047972 AGuy
AGuy's picture

"I'm confident that the Food Stamp President will hit 50 million."

That's not really saying much. I have no doubt by the end of 2013 it will be between 65 and 85 million.

 

Mon, 12/10/2012 - 03:13 | 3048067 Mentaliusanything
Mentaliusanything's picture

All jokes aside my Zerohedges... this is a Bubble that keeps 20% of Americans, Slaves to a thing most vile. A thing you fought a Civil War for. Slaves living under the weight of promise versus reward /punishment. Obama is the Plantation owner and hands out just enough so he sleeps at night.

Mon, 12/10/2012 - 12:04 | 3048670 nc551
nc551's picture

Don't you mean revolutionary war?  The civil war was not about slavery, it was about control.  Abe is pretty high on the list of terrible presidents.

Mon, 12/10/2012 - 10:51 | 3048435 foodstampbarry
foodstampbarry's picture

I'll let my name speak for itself here.

Mon, 12/10/2012 - 01:44 | 3048005 NeedtoSecede
NeedtoSecede's picture

Don't you mean its all the fault of some guy named Sandy CliffBush? At least that is what I hear everyday on "the news."

Sun, 12/09/2012 - 23:35 | 3047790 LongSoupLine
LongSoupLine's picture

Nice fucking job Obama...we are now all collectively in da 'hood. 

 

Fucking Chicago piece of fucking shit.  Oh, and fuck you too Bernanke...printing fucking dick for brains. 

Sun, 12/09/2012 - 23:41 | 3047804 Yen Cross
Yen Cross's picture

it gets better

Detroit Nears Bankruptcy | Via Meadia

 Channel stuffing at it's finest? Fuck off Phil Labow, and your exhaust sucking lips/   Motor(morgue) City... AKAK would eat your ass for lunch!

Mon, 12/10/2012 - 01:01 | 3047965 Anusocracy
Anusocracy's picture

The good old hunter-gatherer mindset.

Survival by foraging on what society produces.

Sun, 12/09/2012 - 23:44 | 3047812 Goldilocks
Goldilocks's picture

Los Del Rio - La Macarena ( Full Spanish Version with Lyrics
http://www.youtube.com/watch?v=Uv5zKd1rqcM (5:15)

Sun, 12/09/2012 - 23:49 | 3047823 Yen Cross
Yen Cross's picture

Thanks G/L, I'm just not in the mood to " Spanish/Mexican Line Dance" gracias Amigo ;-)

Sun, 12/09/2012 - 23:55 | 3047840 Goldilocks
Goldilocks's picture

R.E.M. - It's The End Of The World
http://www.youtube.com/watch?v=Z0GFRcFm-aY (4:04)

Mon, 12/10/2012 - 00:15 | 3047871 Yen Cross
Yen Cross's picture

Thanks G/L REM kicks butt/  That is a great tune! Long Dogs/

Mon, 12/10/2012 - 01:04 | 3047971 Anusocracy
Anusocracy's picture

It's over when the cute lady sings.

 

http://www.youtube.com/watch?v=QiKh9Ko3mw4

Sun, 12/09/2012 - 23:48 | 3047820 kliguy38
kliguy38's picture

I have a problem with your foul post. Its too short and not foul enuff

Sun, 12/09/2012 - 23:58 | 3047847 LongSoupLine
LongSoupLine's picture

Thank you for your constructive critique.  I'm always looking for ways to improve my craft.

Mon, 12/10/2012 - 00:33 | 3047909 Yen Cross
Yen Cross's picture

Your craft is perfect! don't change a thing!

Sun, 12/09/2012 - 23:35 | 3047791 dolph9
dolph9's picture

It doesn't seem like a lot of money.

But then you have to realize that, as an American worker, you are supporting an international system that results in ever larger numbers of hungry mouths to feed the world over.

Do keep that in mind, my fellow Galts.  The American welfare state is just the tip of the iceberg.

Sun, 12/09/2012 - 23:35 | 3047794 Diamond Jim
Diamond Jim's picture

This is all part of the plan to fix america...no need to worry......just need a little wealth re-distribution....

Sun, 12/09/2012 - 23:39 | 3047798 reader2010
reader2010's picture

How do you get that EBT card again, Komrade?

Mon, 12/10/2012 - 00:07 | 3047858 Jam Akin
Jam Akin's picture

I'll ask my neighbor.  His mother comes in from China for part of each year and has never worked a day in the US in her life.  She is apparently getting them every month.  

Mon, 12/10/2012 - 00:27 | 3047903 infinity8
infinity8's picture

I have been asked at least 10x in the last 2-3 years if I want to "buy" a neighbor's (more often a neighbor's kid) food stamps - usually 50% off (i.e. "gimme fitty" for a $100 food stamp credit card). Fucking disgusting.

Mon, 12/10/2012 - 02:15 | 3048028 newengland
newengland's picture

Say what? I know of someone who was convicted and deported back to Israel (Haifa)  for trading food stamps 20 years ago. Now it is the norm? Tsk. Scoundrels in Washington and Wall Street (JP Morgue) have led the people into bad ways.

Mon, 12/10/2012 - 09:16 | 3048254 GMadScientist
GMadScientist's picture

Enough about your mother.

Mon, 12/10/2012 - 02:19 | 3048033 newengland
newengland's picture

Tsk. And Washington related banksters tell honest Americans that they are to blame for the nation's woes. Bull$hit.

Sun, 12/09/2012 - 23:39 | 3047799 chump666
chump666's picture

America, so sad.

Well done Obama, you too Bernanke you lunatic and those other clueless maniacs at the Fed.  Republicans you got no balls or brains.

Just the people, rise up, revolution, cities will burn.

1970's redux

Mon, 12/10/2012 - 00:38 | 3047898 DavosSherman
DavosSherman's picture

It is sad.  Where you're fucking clueless is this: Both parties suck.  They're one.

Reagan bought in Greenspan, who had NYU hide is fucking theisis which was the basis of the housing bubble.  At the time he met Ronnie, Alan was working for Charles Keating the convicted criminal who ruined 23,000 investors, most losing their life savings costing the tax payers billions.  Alan was working for Keating, bribed for $40,000 to walk around the Hill and tell everyone how great Keating's sound business plan was (Keating brided 5 senators, dipshit McCain was one of them) and to tell them what an honest guy he was.

We all know (well you don't have a fucking clue) but we all know how that worked out.

Ronnie's boss, who tells him in the video on this page

http://www.financialsense.com/contributors/d-sherman-okst/why-we-are-tot...

 to speed it up was Merril Lynches CEO who was by this time the Treasury Secratery and then the WH Chief of staff.  When he told Ronnie to make the government expand like no other Democrat or Republican, Ronnie did.

You fucking think the asshole democrats or shithead Republicans run this country?  You fucking clueless moron.  They don't.  The banks do.  Video on this page

http://gawker.com/5874559/citigroup-replaces-jp-morgan-as-white-house-ch...

of Citi shitcanning JPM Chase as WH Chief of Staff.

The banksters run the place.  The only difference is today Bill fucking Black isn't wearing a badge, that is why no one is in jail today.

Mon, 12/10/2012 - 00:42 | 3047928 chump666
chump666's picture

Ah keep your cock outta your own a-hole you dumb but-nut.

Banksters run the world BS whiny a-hole talk.  Look a-hole, money on you have a credit card and you got a bank account, you might even have a mortgage for some shit dump somewhere.  Who knows.  You bought in, now you can't cash out.  You blame Wall Street, fine, me too.  But your real enemy is your own waste of time, go to protests, go lobby, go hang with OWS kids, which I give respect for getting off their A-HOLES.  NOT Internet warriors.

So that's it.

 

 

Mon, 12/10/2012 - 02:25 | 3048038 newengland
newengland's picture

Stay close to home. Defend the person stood next to you.

Let the banksters and their poitical pets kill each other as they will most certainly do as the money runs out.

Mon, 12/10/2012 - 08:15 | 3048185 DavosSherman
DavosSherman's picture

-10, keep talking moron.

Mon, 12/10/2012 - 09:22 | 3048263 GMadScientist
GMadScientist's picture

No mortgage, no debt, and only a credit union for plasticity; fighting the bankers the only way possible.

Show me one thing OWS has actually accomplished that can distinguish it from pathetic nostalgia for Woodstock or a goddamn Renn Faire.

 

Mon, 12/10/2012 - 09:56 | 3048305 DavosSherman
DavosSherman's picture

+1 on the no debt, and shunning the banksters.  As far from the fucking banking system which will be a disaster of Biblical proportions.

Mon, 12/10/2012 - 12:21 | 3048727 Diogenes
Diogenes's picture

OWS did what it was meant to do, drain off and neutralize left wing anger at the PTB just like the Tea Party was hijacked and used to drain off and neutralize right wing anger.

Mon, 12/10/2012 - 11:28 | 3048544 WillyGroper
WillyGroper's picture

I love all the BO bashing as if this shit just started. Must be the youngun's. 

At least Keating had to give up 4 1/2 yrs. of his life b4 his conviction was overturned. Still yet, at least they prosecuted some of the scoundrels back then. How McShame is still in office is beyond me. But then again, if memory serves me John Glenn was in on it also. 

Mon, 12/10/2012 - 02:00 | 3048023 newengland
newengland's picture

No. Don't give the machines an excuse to kill you or your neighbor. Stay close to home and neighbor. Defend the person stood next to you.

To hell with the politicians and their banksters who will most certainly kill each other.

Do NOT follow this link or you will be banned from the site!