Tyler Durden's picture

Think Apple is the only thing allowed to hit new records every month? Think again: presenting iFoodstamps - the number of Americans living in poverty (or at least doing a damn good job of fooling the government in pretending they do). As of December, per SNAP this number just hit another record high of 46.5 million, an increase of 384,000 in one month (and ending the trend of declines from October and November), 2.4 million in 2011 (about as many as have dropped out of the Labor force, hmmmm), and 14.3 million since Obama took office.

But it's not all good news for iCommunism: as of December the benefit per household has dropped to a series low of just $280.5. One can only hope this money is being spent on edible iPads and not on silly things such as iPot.

Finally, for the supreme definition of irony:

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ilion's picture

This is bullish for stocks?

swissaustrian's picture

Yes, for JPM because they're a big player in the foodstamp business


The Big Ching-aso's picture



On a positive note, at least they're not on Soylent Greenstamps.

Wakanda's picture

Are you sure?  Monsanto is everywhere.

redpill's picture

True patriots bypass purchasing their own food so they can buy Yelp stock on credit.

Thomas's picture

I see a different oddity: Why is the rise so steady?

YBNguy's picture

Because taking one's gov benes is patriotic!


My take, if we cannot starve the beast (no taxes) we climb on its back and enjoy the ride. The more that jump on, the faster it dies from strain.


Simulacra10's picture

I am starting to rethink the whole Cloward-Piven stratagey. Everyday I am becoming more convinced that the only way to change it is to collapse it. 

Conrad Murray's picture

The collapse is inevitable. Once that premise is accepted, all that's left to do is prepare, then ride this motherfucker til the wheels fall off, two guns up.


Also available as pdf thanks(!) to member WhiskeyTangoFoxtrot - http://maydaycalltoaction.wordpress.com/

Harlequin001's picture

Oh C'mon, surely at some point it costs more in printing real ink than these things are worth. Can't they just make it 'universal', so everyone can have them? Just think what it will do for GDP...

jerry_theking_lawler's picture

***How do you starve a 'hope and change' Obama supporter..............




you hide their foodstamps under their workboots.***

earleflorida's picture

wherever there's permanent pollution you'll find Monsanto's fingerprints

Exception: sterilized [?] hybrid corn ___  a genius pure play on marketing [ one-time throwaway/ non-recyclable] seed crops] http://www.gardenguides.com/3019-hybrid-delemma.html http://en.wikipedia.org/wiki/Monsanto 

Simulacra10's picture

nothing new. See this video if Virgnia Ironsides http://youtu.be/5RAAhTL4Arg 

trav7777's picture

just...wow.  "ethicists" said this shit?

The entire framing of the argument is absurd on its face.  Depriving a person of their life doesn't represent a "loss" to them either because they will be DEAD and unable to copmrehend the loss.  So long as you do it without telling them, the argument is equivalent.

redpill's picture

Dehumanization is an important step in a much larger process.

Cathartes Aura's picture

if you want to discuss "dehumanization" then you might start at the "sex" of the babies being theoretically discussed:

“We take ‘person’ to mean an individual who is capable of attributing to her own existence some (at least) basic value such that being deprived of this existence represents a loss to her.”

As such they argued it was “not possible to damage a newborn by preventing her from developing the potentiality to become a person in the morally relevant sense”.

and while you may not think it matters, I ask you to ponder why most arguments are framed in "he" - but this one isn't.  and also take into consideration that most abortions in places like India or China are because families traditionally seek a "male" baby, the female being "unnecessary" rather like a luxury good.

johnQpublic's picture



...looking for a job

...paying my mortgage

...paying any bills for that matter



A Nanny Moose's picture

That shadow story the the bleeding hearts miss. The Welfare/Warfare state is merely welfare for the oligarchy.

It's all trickle-up

WhiteNight123129's picture

You mean JPM is benefiting because of its foodstamps derivatives business, not actual foodstamps.

idea_hamster's picture

I suspect the falling per-household figure is due to a rise in the number of single- and two-person households that qualify.

If you're single and don't have a dependant child, qualifying for SNAP is pretty tough -- even your minimum-wage, 20-hour-per-week, U-16 level job likely puts you out of reach of a food stamp.  You're just too rich!

But as more and more singles and working single parents spend through their savings and slip down the ladder, they land on the SNAP safety net.  Those smaller absolute payments bring down the average per-household figure.

trav7777's picture

your second paragraph just prequalified almost all black women

I should be working's picture

How about - OBAMANOMICS.

It rolls off the tongue much better.

Matt's picture

Obamanation rolls off even smoother. Pronounced like Abomination (no relation hehe) but with an Oh as the first syllable.

dolly madison's picture

I down arrowed both comments about Obamanomics and Obamaeconomics because I think food stamp usage would be about the same now with McCain. 

l.hauri's picture

this is the future in this area. Great job! ways to lose weight fast

Belarusian Bull's picture

Nah, cmon, just good old socialism, nothing else. Comrads Americans. You make tovarish Lenin proud


Gene Parmesan's picture

As Pelosi or the Obama administration will tell you, government welfare expenditures actually stimulate the economy and "create" more money. True story - they wouldn't lie, would they?

Dr. Richard Head's picture

Paul Krugman would concur.  Government spending = GDP = Feed Everyone.  This is a war on hunger you know hunger is apparently losing.

LongSoupLine's picture

iCapitulate...coming soon to an exchange near you!

Zero Govt's picture

State subsidised poverty and State subsidised food ..luvvin it

This is bullish food inflation and bearish problem solving

Govt perfects the art of society and economics going pear-shaped

Welcome to the global village, Shitville, an unsustainable unproductive community built by Govts everywhere

trav7777's picture

these systems work better where there are no significant minority populations, and by that I mean brown people...but in the end, any system predicated upon perpetual growth is doomed.

Zero Govt's picture

you've got your arse about tit, or head up your arse, as usual Trav

the "minority community" you talk of is the Govt (and its behind the scenes parasites). It is Govt that ruins society and ruins economies (a right bunch of suckers)

the "perpetual growth" you talk of is productivity, which is in effect mans knowledge, which is technically infinite.. which means growth is infinately possible (unless your brain seizes up in Kindergarten like most lefties!)

Black, yellow, red and white is a skin colour mate, not a measure of IQ or sociability (Hitler, Mao and Ide Ahmin are mixed race maniacs ...and there's the current US President who is a mixed race Marxist of course)

the only assured "doom" you'll realise is however that mentaility effects your lifespan.. try to think positive Trav, or just get that "End of the World" sign and tramp down the High Street and fulfill your destiny

sun tzu's picture

Hitler and Mao were mixed race? Mind telling us which races?

Unless you consider Jews to be a separate race, Hitler was not mixed race. The Ashkenazi Jews are definitely white. You can consider then an ethnic group if you want.

What race was Mao mixed with? How about Idi Amin?

Zero Govt's picture

Hitler, Mao and Idi Amin are mixed race as a collective, not individually, but were all fuking maniacs (ie. the colour of your skin matters not one jot to human characteristics we all share as a species)

the US President is mixed race, so presumably Trav thinks his white (good) genes are fighting (and losing) with his black (naughty) genes which is why this Trotsky tosser is sending the US down the tubes even faster than that white fascist, Bush, who presumably Trav thinks is a white angel

vened's picture

ZeroGovt: "Hitler, Mao and Idi Amin are mixed race as a collective, not individually" - has to be the DUBMEST thing I have ever heard on zerohedge.  I will keep this message to entertain my friends for ages.  Thanks.

"Fuking maniacs" - you mean they were sex addicts? 

Taffy Lewis's picture

@Zero Govt: Instead of Shitville, how about Mortsville? That's from an old John Waters movie called Desperate Living. When the King & Queen declared Backwards Day, all of the people had to put their clothes on backwards and walk backwards.

Zero Govt's picture

Taffy, sounds like a film about Brussels!