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Over 46 Million Americans On Foodstamps For The First Time Ever
While the capital markets may be cheering that in the past month 120,000 people supposedly found jobs, even if these were largely temporary or part-time just in time for the year end shopping sprees, we wonder how they will react when learning that according to the latest update from the Supplemental Nutrition Assistance Program (SNAP), some 423,000 Americans found their way to minimum way subsistence, courtesy of Food Stamp handouts from Uncle Sam. Since the start of the Second Great Depression, food stamp participation has increased by 18.7 million, and is now at an all time higher 46.3 million. All Bush's fault, or something. At least the chart below appears to be plateauing... Actually, sorry, no isn't.
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Yeah, coming from you. And that's AKA bi-winning within the Obama Adiminstration.
Food stamps are progressing from emergency assistance into a stealth entitlement.
The USPS apparently wants to sue for damages due to the negative image being ascribed to "stamps," but they're having some difficulty delivering the claim.
(I know, it's weak) :D
I have also heard that there is a class action by a group of girls from Panama City who are pissed as well.
http://www.dictionaryslang.com/Panama%20City%20license%20plate
pods
And the easier we make it to allow people to choose a life of parasitism and dependency the more votes we have for Obama to keep the subsidies coming.
I dont see much chance of a renewal of americas energy and vitality. That would actually require some personal pride and responsibility among those types.
Any job is worthy and respectable compared to dependency and idleness.
any job in a corrupt and criminal system run by idiots and dolts is a shame to the job holder.
Crash the bitch, now. Don't work steal all you can just like your "betters" do.
If a few enablers of the corrupt and criminal system get hurt or their profits get stolen , well that's just collateral damage we will have to live with.
eat well and prosper . enablers , your day comes.
The only personal responsibility to a criminal and corrupt system is to crash it.
snap galt.
Yes, America is beyond the point of no return.
Those here hoping that they can elect Ron Paul and then have libertarian utopia forever are deluded. This ship is coming down, and coming down hard, no matter who is in charge.
And in a declining society, I can't blame people for giving up. I don't like them, and they are parasites just like the banks, but I don't blame them. I've given up on the country myself.
I only trudge to work to get an income, that's it. I don't believe in any of it, and I am quietly waiting for the crash.
Why would Obama ever want this number to go down?
Exactly. Just wait until ACORN or someone declares that SNAP cards are the equivalent of voter registration cards.
Rather than placating the poor with government hand-outs, wrote Cloward and Piven, activists should work to sabotage and destroy the welfare system; the collapse of the welfare state would ignite a political and financial crisis that would rock the nation...
She's just a little old lady baking cookies
Never let a good crisis go to waste.
OT:
Mystery company buying up U.S. gun manufacturers
In recent years, many top-selling brands - including the 195-year-old Remington Arms, as well as Bushmaster Firearms and DPMS, leading makers of military-style semiautomatics - have quietly passed into the hands of a single private company. It is called the Freedom Group - and it is the most powerful and mysterious force in the U.S. commercial gun industry today.
Never heard of it?
The Freedom Group? I don't like the sound of that!
The Freedom Group is part of Cerberus Capital Management,
Acquired Bushmaster Firearms, Inc., from Windham, Maine native Dick Dyke for an undisclosed sum in April 2006, and purchased Remington Arms in April 2007. Under Cerberus direction, Bushmaster Firearms acquired Cobb Manufacturing, a well-respected manufacturer of large-caliber tactical rifles in August 2007. Cerberus also acquired DPMS Panther Arms December 14, 2007.[29][30] Remington Arms acquired Marlin Firearms in January 2008.[31][32] In October 2009, Remington Military products acquired silencer manufacturer Advanced Armament Corporation.[33] These companies were combined into the Freedom Group.
Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/12/03/BUJ91M4HL0.DTL#ixzz1fgbt1j6s
Thanks! Dapper D.
Was wondering why stocks were up 1000 points in a week well, think no more, I now how my answer!
Food stamps is a property rights issue; provide food for the needy but provide protection that the vast recipients of welfare do not control essential government policy.
You can’t have property rights when a Marx-minded Fed and Big Government enable those without property, the bankers and non producers, to vote themselves your property.
In the beginning of this Republic - devolved to a centrally-controlled social democracy with the resultant socialist and collectivist political candidates - our Founders never imagined that everyone should vote, or ever would vote. In all the States, voting was restricted.
For voting was a legal right in our young Republic, just as was the right to own property. Here is how Ruth Wilder Lane defined it in The Discovery of Freedom: Man’s Struggle Against Authority:
“Why does anyone suppose that a majority of citizens should control their Government?
“No one imagines that a majority of passengers should control a plane. No one assumes that, by majority vote, the patients, nurses, elevator boys and cooks and ambulance drivers and interns and telephone operators and students and scrub-women in a hospital should control the hospital. Would you ever ride on a train if all passengers stepped into booths in the waiting-room and elected the train crews by majority vote, as intelligently as you elect the men whose names appear in lists before you in a voting booth?
“Then why is it taken for granted that every person is endowed on his eighteenth birthday with a God-given right and ability to elect the men who decide questions of political philosophy and international diplomacy?
“This fantastic belief is no part of the American Revolution. Thomas Paine, Madison, Monroe, Jefferson, Washington, Franklin, did not entertain it for a moment. When this belief first affected American Government, it broke John Quincy Adams’ heart; to him it meant the end of freedom on earth; it made him doubt the goodness of his God.”
>Food stamps is a property rights issue; provide food for the needy but provide protection that the vast recipients of welfare do not control essential government policy.
Even better, let no one coerce others into charity. It's a violation of property rights whether it's a bum voting to tax me or it's Bill Gates voting to tax me.
I've got five dollars that says they'll both vote to tax you.
well that's one book I can cross off the list as it seems to be written by a 3rd grader.
If one really believes that the "vote" controls the policies then you are going to have to show your work.
What a stinking pile.
That post is logically incoherent.
You start by talking about property rights and assert that bankers and non-producers are enabled to vote themselves "your" property.
Then you mention the problem with direct democracy as a system of government.
But we don't use direct democracy for ANYTHING with regard to our government's transfer payments. All the social welfare legislation has been passed by the representatives who've been elected.
You're badly out of your league, JR. Or drunk or something.
We do use direct democracy: California's electorial votes will be delivered to the candidate who gets one more vote than his opponent.
As Churchill said: Democracy is two wolves and a lamb deciding what to have for dinner.
The Founders didn’t want direct democracy, but we’ve got it. That’s why low-information voters in the big cities can bring the candidates to victory and vote themselves the treasury that will redistribute the wealth of others into their pockets. In the long run, they know not what they do because they are destroying the American Dream and the greatest Republic ever established on earth.
The Founders established a Republic.
They understood that pure Democracy (majority/mob rules) can lead to the curtailing or elimination of liberty for the minority or stated another way; pure Democracy leads to tyranny of the majority. 50%+1 of the population can impose their will on the remaining 50%-1 of the population.
From Democracy Versus Republic:Democracy:
A government of the masses.
Authority derived through mass meeting or any other form of "direct" expression.
Results in mobocracy.
Attitude toward property is comnmunistic-negating property rights.
Attitude toward law is that the will of the majority shall regulate, whether it be based upon deliberation or governed by passion, prejudice, and impulse, without restraint or regard to consequences.
Results in demagogism license, agitation, discontent, anarchy.
Democracy is the "direct" rule of the people and has been repeatedly tried without success.
A certain Professor Alexander Fraser Tytler, nearly two centuries ago, had this to say about Democracy: "A Democracy cannot exist as a permanent form of Government. It can only exist until the voters discover they can vote themselves largess out of public treasury. From that moment on the majority always votes for the candidate promising the most benefits from the public treasury with the result that Democracy always collapses over a loose fiscal policy, always to be followed by a Dictatorship."
A democracy is majority rule and is destructive of liberty because there is no law to prevent the majority from trampling on individual rights. Whatever the majority says goes! A lynch mob is an example of pure democracy in action. There is only one dissenting vote, and that is cast by the person at the end of the rope.
http://www.albatrus.org/english/goverment/govenrment/democracy%20versus%20repubblic.htm
Representative government has not been available in the United States for decades; the Congress, for example, represents an extremely corrupt one-party system, pretending to present opposing candidates for election.
Unless they’re in prison, almost any congressman can be re-elected. Third parties are essentially prohibited because of Democrat and GOP cooperation in state regulations. Once in office, a Congressman can continually campaign for re-election telling likely voters what they want to hear and delivering 100 percent to the lobbyists who provide the cash, perks and retirement benefits.
The Congress, however, is composed of moral heroes compared to recent presidents. The president is able to get his party elected through voting by making promises to the greatest numbers -- welfare people, the collective minorities, state and federal employees, public unions, immigrants and illegals, special interest groups such as feminists, abortionists, collectivists, La Raza etc – most all of which compose the Democrat Party. In recent years, the Republicans have basically the same party base, trying to outdo the Democrats in how much wealth they can transfer from the tax paying middle class to the 47% who pay no taxes and the uber wealthy.
Have you ever wondered why some of the wealthiest people in the world, such as George Soros, finance Communism, Socialism, etc.? It allows them to destroy the middle class and to gain the necessary economic and political power to seize the human and natural resources of the world. It also forces the American middle class to pay the living expenses to supplement the low wages America’s corporations are paying their imported Third World labor force – 80% or more of whom are Democrats.
You keep repeating complete falsehoods, here.
There are a handful of direct-democratic inititiatives in limited areas. After describing one, you then claim: That’s why low-information voters in the big cities can bring the candidates to victory and vote themselves the treasury that will redistribute the wealth of others into their pockets.
This is all bullshit.
The majority of the poor don't even vote, let alone "vote themselves the treasury." These policies and programs are maintained by the elected representatives, and the elected representatives work for the industries that are subsidized by the policies.
You've got a valid cause for complaint, sure, and pissing and moaning could possibly motivate others to take action if you lack the time or initiative.
Throwing a bunch of words and phrases around and pretending you're describing what's "wrong" in the USA is truly WORSE than doing nothing.
You've gone so far beyond how the world actually works to try to win some political points. And it is THAT behavior (traditionally by our political class) which has resulted in such a completely fucked budget and set of laws in the first place.
I'm done. I should've realized it was just partisan hackery.
Hey just think of all the income maintenance caseworkers being hired by your local DSS to handle the increase in volume of SNAP applicants!
There's your Keynesian multiplier effect.
I blame Lincoln!
The best things in life are free! Those too from outside the US can game the system. In Obama's 2nd term maybe we can double those on food stamps. Bernake has the solution to fix the debt. Just print it away. Bernanke and the fed will buy everything.
Why didn't those fucking idiots buy rare earths in Fall 2010? Poor people sure are stupid.
And Obama is now 15 minutes late. I think this is his way of giving America the finger.
Does anyone know definitively if the 46 million means 46 million recipients or an estimated 46 million Americans assisted by food stamps? For example, it would not surprise me that the average recipient supports at least one other person possibly two. Therefore, does this mean that there are really 100-150 million Americans depending on food stamps? Or is the 46 million all inclusive? Anyone?
I believe the 46 million would be inclusive. For instance, a needy family of four received $668 at month in food stamp benefits ($1052 for a family of seven) in 2010, in addition to an additional $900 in a monthly cash assistance allowance through TANF – plus other monetary assistance and subsidies...
Maximum Monthly Food Stamp Benefit, 2010, by Household Size
1 = $200
2 = $367
3 = $526
4 = $668
5 = $793
6 = $952
7 = $1052
Each Additional Person $150.
From the Center on Budget and Policy Priorities (2009)
http://www.cbpp.org/cms/index.cfm?fa=view&id=1269
Definitely the latter/all inclusive.
THANKS TO BOTH OF YOU - just making sure!
And soon to come 50 million. Right for the elections! Congratulation voting America! A milestone for the contemporary democracy, or maybe the more appropriate, bankocracy.
Soylent stamps are people!
Amerikkka has added a net of 26.553 million people since January 2001, yet only 4.889 million net jobs have been created in that time.
We have to feed the remaining 81.6% somehow.
Come on and join in the foodstamp party! Knew of someone that is working for cash and is collecting food stamps and welfare!! The new immigrants know all the ways to game the system. Let's see if we can double the food stamp participants. Way to go Obama!!!!
Ah yes. The signature program of Obamanomics. Nothing like a captive electorate:)
Pretty soon the chartists are going to proclaim support/resistance levels on this.
WAR doesn't create wealth.
delete double post.
(actually, it was worth saying twice.)
War doesn't create wealth for you and me the 99%. There fixed it for you.
46 million votes give or take.
The age of handouts. I often tell my kids "there is no free lunch", guess I was wrong. Well at least until the money runs out, or farmers quite planting crops to avoid being paid FRN's for their effort.
There are free lunches at schools. Many parents lie to get free lunches because illegals get them. One big fraudfest.
Food subsidies will cost taxpayers $79 billion in fiscal 2009. So current is probably over $100 billion. Mean while the Fed handed out over $7 Trillion to banks for bank welfare programs. I like to keep focused on the big picture. Sure tighten SNAP so they can't buy cigs and beer. These are just crumbs thrown to the poor to keep them from rioting. And if the system wasn't rigged so that people could make a living wage maybe the numbers wouldn't be skyrocketing.
It's a rigged game.
20% of the people own 85% of US wealth, leaving only 15% for the bottom 80% (wage and salary workers).
Ok, now flame me.
Correct me if I'm wrong but the bank lending was under TALF. Now weren't the banks forced to take those funds, and didn't the bank's pay back those funds back a year later, with interest?
Or did I miss something?
But as to non performing loans the gov dished out, I think Government Motors would be the poster child, would it not?
But yet no one seems to mention them. It's as if.... it was... what't the word..... wait for it.... political?
Yes?
this has almost nothing to do with compassionate government services, but rather it allows people who need to spend everything they make on food to take that money and buy consumer products they don't need. "give a man money, and he'll buy what he needs first, but teach a man to spend, and you have a consumer for life.."
Isn't that how Bush helped us defeat the terrorists?
Food stamps/SNAP is probably the single most effective use of that money. In terms of cost, it's a rounding error when compared to the big expenses, and nothing would turn the USA into a third-world hellhole faster than some honest-to-goodness HUNGER amongst the lower classes.
Keep 'em eating over-processed crap and they'll just stay home playing Xbox.
> Food stamps/SNAP is probably the single most effective use of that money.
Wouldn't the original, rightful owners of the funds be best qualified for deciding what the most effective use is?
Who, you mean CHina or the peeps born in 50 years who could pay the interest.
This fascination with ..... o never mind.
There's no such thing as an "original" owner of a dollar.
Food stampers are now the 15 percenters. I'm in that sweet spot where I am not a one percenter and I pay tons of federal tax.
It's like I am living in an out of the money strangle option.
Hope your at least scalping your gama:)
"some 423,000 Americans found their way"
that's the number that droped from 9.1 enemployment to 8.6
there would be no need for so many on food stamps and unemployment if "Basel I,II and III" were abolished - "disfranchisement" - what am i talking about [?],... it's not a franchise, but an archaic festering abomination - a scourge on all society, thus it would be absolutely prudent to relegating this arcane entity/deity from all financial markets worldwide, ASAP!
Ref: "A Worthy Competitor for the World's Dumbest Idea Bank-Capital Regulation" ___ [12/1/2011 - Steve Denning/ and special thanks to "Mr. Per Kurowski",...former executive director of the 'World Bank' ***[per is a lone wolf that's been crying out about this injustice for years, with empirical knowledge to back it up,... yet no one paid attention until forbes pick up his comment -jmo]
http://www.forbes.com/sites/stevedenning/2011/12/01/a-worthy-competitor-...
Excellent indicator of true market conditions in the ecomony. Just saw Staut on Yahoo. What a crock of BS...
Hope those stamps not go through USPS
Seeing as how JPM manages this shit, we really can eat the rich.
the title of this article is the answer to the trivia question:
"what is the only other thing that is being printed faster than Fed money"
Estimates are that 230 million of a total population of 310 million spent a combined $50+ billion over the Thanksgiving weekend or $400 per person.
This news is only good for grocery stores, convience stores, and other places that accept WIC/SNAP.
Bullish on 7/11s, FTW
This must be the good news that made gold drop by $60 bucks in a few sessions.
All is well in la la land.....
you may not be able to imbibe on beer with your snappy food stamps but yes you can dine on jumbo crab legs in DC
courtesy of Drudge
http://www.lauraingraham.com/b/Obamas-food-stamp-epidemic/572782412160261364.html
What is the source of this information? How about a link? I checked USDA.gov, and the latest data release showed 45.8M as of August. I'm guessing this article is about the September data, but I couldn't find any corroboration.
Here is a URL showing participation rates as of August: http://www.fns.usda.gov/fns/key_data/august-2011.pdf
The embodiment of "I'll gladly pay you Tuesday, for a hamburger today!"
Whimpy leadership.
....and you don't own a gun?
When the SNAP cards snap, you'll be asking, "Who's in YOUR pockets..?"
When I get hungry enough I will be sucking the marrow out of the bones of some Goldman Sachs banksters.
You'd be better off composting them. Invertebrates aren't good sources of bone marrow.
A Seattle woman who is receiving welfare assistance from Washington state also happens to live in a waterfront house on Lake Washington worth more than a million dollars.
As if the million dollar home weren't enough, the supposedly low-income couple also gave money to various charities and traveled around the world to locales in Turkey, Tel Aviv and resort towns in Mexico, according to court records.
http://news.yahoo.com/blogs/sideshow/seattle-welfare-recipient-lives-mil...
This thread makes me hungry. Im going to go get something to eat soon. Tossed between Carls Jr guacamole bacon burger or Chipotle's steak burrito.
How much is on your EBT!!
http://www.joestocks.com/forum/showthread.php?458-Your-Tax-Dollars-at-Wo...
http://ca.news.yahoo.com/woman-denied-food-stamps-kills-self-shoots-chil...
That's not too bad. It's less than 10% of the total population.