This page has been archived and commenting is disabled.

US Food Stamp Usage Hits New Record

Tyler Durden's picture


As the European news flow overflow continues, it is useful to occasionally look at how America's own economy is doing. After all remember that the latest paradigm is that the US will decouple from everyone (as is always foolishly and erroneously assumed whenever the ROW turns lower) and carry the weight of the global economy on its own shoulders. So here is this month's refresh from the Supplemental Nutrition Assistance Program, which informs us that in August, a new all time record number of Americans, or 45.8 million, relied on food stamps for sustenance. So for those who are looking for those up and coming states where the population has decided that slowly but surely work of any kind is an anachronism we suggest you move to Alabama, Delaware, Utah, or Washington: all states that have seen at least a 3% sequential increase in food stamp usage. And, tangentially, confirming that this country's economy is headed straight to hell and won't pass go is the latest news from LPS according to which nearly 40% of loans in foreclosure have not made a payment in two years, and 72% have not made a payment in the past 12 month. Bullish for iPad purchases.

h/t John Lohman


- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Tue, 11/01/2011 - 17:01 | 1834255 Comay Mierda
Comay Mierda's picture


Tue, 11/01/2011 - 17:05 | 1834279 Unprepared
Unprepared's picture

Beats expectation ... Bullish

Tue, 11/01/2011 - 17:09 | 1834299 dwdollar
dwdollar's picture

We wouldn't want fat-ass America to lose enough weight and become mobile enough to take to the street or anything.

Tue, 11/01/2011 - 17:31 | 1834424 BurningFuld
BurningFuld's picture

They must be fed crap to keep them weighted down. Good point. Hard to fight all that ballast.

Tue, 11/01/2011 - 18:50 | 1834697 GenX Investor
GenX Investor's picture

Mmmmmmmm, gubment cheese is good for ya.

Tue, 11/01/2011 - 19:31 | 1834853 LongBalls
LongBalls's picture

I guess JPM has to make a profit somehow?

Wed, 11/02/2011 - 00:35 | 1835688 fourchan
fourchan's picture

i cant find food or stamps in the constitution hmmmm

Wed, 02/22/2012 - 03:17 | 2183711 Mauibrad
Mauibrad's picture

NY EBT cards used everywhere? report:  video:  

Tue, 11/01/2011 - 17:38 | 1834457 theMAXILOPEZpsycho
theMAXILOPEZpsycho's picture

I'm a european; however if I were american I would be looking round at all these fat people as a potenital food supply...

Hig on fat and low on lean protean, but beggers can't be choosers

Tue, 11/01/2011 - 17:47 | 1834496 Pool Shark
Pool Shark's picture





Tue, 11/01/2011 - 18:44 | 1834682 Schmuck Raker
Schmuck Raker's picture



Tue, 11/01/2011 - 18:11 | 1834579 Hedge Fund of One
Hedge Fund of One's picture

Dahmer would be proud.

Tue, 11/01/2011 - 18:25 | 1834619 Osmium
Osmium's picture

Soylent Green

Tue, 11/01/2011 - 19:26 | 1834830 krispkritter
krispkritter's picture

The collective toxic substances like sedatives, hypertension and high blood pressure medicines, cholesterol, and GMO-laced food by-products combined with a healthy assortment of mercury, flourides, lead, and various other envrionmental poisons would probably put you in a coma after your first All American(literally) Burger. I'd rather eat Chinese drywall...

Wed, 11/02/2011 - 07:14 | 1836040 Cthonic
Cthonic's picture

Preview the restructured meat product flavor:


Tue, 11/01/2011 - 21:40 | 1835223 pods
pods's picture

The other, other white meat.

Long Pig!


Tue, 11/01/2011 - 19:41 | 1834883 HungrySeagull
HungrySeagull's picture

You are damn right. My BMI is 22 and that is good enough.


I got rid of 60 pounds when I realized I could not out run a kid in the wally lot.

Sat, 11/05/2011 - 10:38 | 1848366 Hedge Fund of One
Hedge Fund of One's picture

... a kid trying desperately to keep from tripping on his knee-level pants, no doubt. :-)

Tue, 11/01/2011 - 18:02 | 1834546 FinHits
FinHits's picture

Stamp-ede of the thundering herd.

Tue, 11/01/2011 - 23:07 | 1835485 Milestones
Milestones's picture

Woody Herman fan.     Milestones

Tue, 11/01/2011 - 18:24 | 1834616 BeatTheMarket
BeatTheMarket's picture

can i like this twice?

Tue, 11/01/2011 - 18:50 | 1834698 mnevins2
mnevins2's picture

Green shoots?

Tue, 11/01/2011 - 17:11 | 1834309 brew
brew's picture

...and living on a steady diet of government cheese, when you're living in a van DOWN BY THE RIVER...

Tue, 11/01/2011 - 17:40 | 1834465 Temporalist
Temporalist's picture

That cannot be posted without an accompanying video clip:

Tue, 11/01/2011 - 21:12 | 1835159 brew
brew's picture

wonder if papy has matt foley in his basement to motivate the refferendum vote...

Tue, 11/01/2011 - 17:27 | 1834395 Jason T
Jason T's picture

That's right.  That's what's left backing the Treasury that was used to buy food for the folks who get foods stamps.

Tue, 11/01/2011 - 17:56 | 1834528 Ruffcut
Ruffcut's picture


I call your poop and up the ante of all in fuckingthissuckssomuchiamgonnapuke poop.


Hungry people are not usually happy people. I'll tell ya what, I'm not currently hungry and this shit still does not make me happy. In fact, it makes me quite pissed off and frustrated and in want of ripping many peoples assholes into the abyss. I donate frequently to food banks and I can't carry this ball all alone.

Tue, 11/01/2011 - 18:43 | 1834673 treasurefish
treasurefish's picture

Loser Piece of Shit (LPS) is the poop.  I can't believe anyone would quote LPS with any credibility whatsoever.

Tue, 11/01/2011 - 19:46 | 1834907 Freddie
Freddie's picture

Mugabe II's welfare state.

Tue, 11/01/2011 - 20:02 | 1834986 jerry_theking_lawler
jerry_theking_lawler's picture

poor. Bitchezzz!

Tue, 11/01/2011 - 20:24 | 1835043 tempo
tempo's picture

I want my EBT card (Electronic Bank Transfer) since you get preferred express treatment at most fast food chains with an EBT card. This program will grow and grow since many industries benefit (banks, fast food, food processors/stores) and the Government since once on the program you want more and its much easier than working. If you screw with the EBT card, medicare, unemployment and/or financial aid for students there will be big trouble in the streets. So Tea baggers exactly what are proposing to cut???

Wed, 11/02/2011 - 00:51 | 1835715 philipat
philipat's picture

So there IS such a thing as a free lunch?

Tue, 11/01/2011 - 17:04 | 1834263 redpill
redpill's picture

Starving Americans don't matter.  Just don't let the fucking Greeks vote!  It's not like they are the cradle of democracy or something.  Get the riot gear on and break these whiners under the jackboot of European progress!

Tue, 11/01/2011 - 17:28 | 1834394 I Got Worms
I Got Worms's picture

I read something a while back that really blew my doors off (will try to link later).  If I remember correctly, the jist was that the biggest lobbyist groups pressing for more and more food stamps for the po' folks is not agencies that represent the indigent like you would assume, but rather the grocery store chains themselves!! Wal Mart, HEB, Randalls, Krogers, etc. Then it dawned on me and made sense - these fucks don't care what kind of money buys their goods, whether it was a taxpayer subsidized freebie from the gubmint, or a paycheck given in return for labor. Just make sure they keep coming through the door and buying my goods, it don't matter what they pay with!  That is another reason I buy as much as I can at my farmer's market.

Tue, 11/01/2011 - 17:30 | 1834407 redpill
redpill's picture

Apply that to pharmaceuticals, bombs, and banking and you'll notice the stench gets even stronger.

Tue, 11/01/2011 - 17:35 | 1834437 BurningFuld
BurningFuld's picture

Big corporations are just sooooo fucking greedy. Save money live better...Walmart. Havn't been through their doors in ummm fuck atleast 10 years.  And boy do I feel good about that.

Tue, 11/01/2011 - 17:49 | 1834462 redpill
redpill's picture

Corporations are profit machines, that's what makes them effective economic constructs.  It is easy to apply human emotions to them like greed, but doing so would be just as pointless as praising their charity (which is also done for marketing and image, just another cog in the machine).  The free market deals well with these issues when it is not distorted by government.

In the end, it was up to a vigilant electorate to prevent government from intruding into economic life to the point that the profit-machines that are corporations could buy their influence.  Without power there is no corruption.  We need a lot less power in this country.   The electorate failed and must redouble the effort to undo what has transpired or risk continuing down this dark spiral.

Tue, 11/01/2011 - 17:43 | 1834476 adr
adr's picture

Ha! my local farmers market has been taking EBT and SNAP cards for a long time. SNAP has been the biggest boom market for grocery chains near urban centers in the history of the world. The average welfare family spends three times what a normal middle class family spends. Don't forget mommy and daddy aren't married so both of them can collect and you better bet both claim the kid.

I could only dream of buying the cartloads of presents one welfare mom dragged through Walmart the other day. 

Welfare and other keep em nonworking democratic voter programs probably account for 50% of consumer activity rght now. Us working middle class folk aren't buying jack.

Take a walk through your nearest welfare community. You'll see 50" TVs through every window and brand new Chevy Cruzes in every driveway. Poor, yeah right. How can you call a class of people poor when they have the highest rate of obesity? Seriously, I thought poor people were starving beggars with no home or amenities. Oh yeah those are people who don't know how to always vote big D and open their arms to papaBama handouts.

Tue, 11/01/2011 - 18:01 | 1834544 Lester
Lester's picture

Not quite the windfall you seem to believe.
Average amount of benefit per person is about $29 to $40 per month.

This link points out the calculations for an average family of 4 with average monthly income of $1200, the SNAP (foodstamps) bene is $228

In August 2010, The Big -O- cut the foodstamp budget by 25% in order to give that budgeted funding to several states which had insufficient funds to pay Public School Teachers.  Johnny can't read for many reasons, but one thing for sure he can't do is vote....

Figures a few months back were about 45M Americans on foodstamps.  Figure there are plenty of others who likely get a meal or two from the allotment and that the # of participants was about 30M in 2008 and you get an idea of what is happening in our Nation.

The President is handing out Trillions in TARP, and taking every dime of Fed Reserve projections they claim, and putting it on our backs and those getting stamps; but the fuck takes 25% of funding out of the Foodstamps Program?

Tue, 11/01/2011 - 18:13 | 1834586 johnnynaps
johnnynaps's picture

My friend was a single mom of 3, with an income of 1200 a month. She received 600 a month. Another friend would sell his, he was getting 200 a month.

Tue, 11/01/2011 - 23:32 | 1835546 Glass Steagall
Glass Steagall's picture

You people do not seem to know WTF you're talking about.

Single dad - 3 kids... resorted to welfare (food stamps) when I couldn't find work in California (my home). I couldn't spend the amount of money they provided on my EBT card - no shit. It just kept rolling oven. While I was on 'welfare', at first, I spent modestly - only essentials... but then it became obvious - who cares? - if it ain't booze or smokes, Uncle Sam don't give a fuck!!!

I/we ate better on the gubment dime than we do now. I am off welfare (and outta California) and able to provide for my kids w/o ANY assistance of any kind (never collected a dime in u/e ins, disab, or any other assit in my 25+ years of paying into the system) and we are doing great. Had to get outta Orange County and don't get to dine at In-N-Out once in a while like I use to enjoy, but ya know what??? Aint no one else paying my freight or that of my kids WHICH I AM RESPONSIBLE FOR and they see the difference.

Just sayin'...

Tue, 11/01/2011 - 18:35 | 1834643 blunderdog
blunderdog's picture


I know it looks like the poor have it really great.  (I'm sorry you haven't managed to afford a 50" teevee yet, but it is a bit surprising, as large teevees really aren't that expensive these days.  Anyone as industrious as yourself should have no problem getting one.  Maybe if you work a bit harder, someday.)

MEANWHILE: I strongly encourage you to try poverty out. 

Quit your job, or even better, just punch your boss.  When you're fired, apply for unemployment and SNAP and every other benefit.  A few months of sitting at home and enjoying the "high life" of government-subsidized American poverty and I'm sure you'll begin to understand that it's not quite the luxurious lifestyle you seem to believe.

I collected foodstamps myself a few years ago, although it was when I was working a full-time job.  I could've bought a big teevee if I'd wanted to, though.  It's just that teevee fuckin' sucks.

Tue, 11/01/2011 - 17:46 | 1834489 Temporalist
Temporalist's picture

How about that JP Morgue is the largest SNAP card (food stamp) processor?  For everyone that goes on food stamps JP Morgue makes more FRNs!

Tue, 11/01/2011 - 23:16 | 1835504 Chrome Child
Chrome Child's picture


JP Morgan has contracted to provide food stamp debit cards in 26 U.S. states and the District of Columbia. JP Morgan is paid for each case that it handles, so that means that the more Americans that go on food stamps, the more profits JP Morgan makes. Yes, you read that correctly.

Tue, 11/01/2011 - 19:55 | 1834953 Freddie
Freddie's picture

Dude - it is worse than that.  You can use your food stamp credit card at McDonalds or other fast food places. I think this only recently was approved and McDonalds and Pepsico (KY Fried Chicken, Taco Bell, Pizza Hut) all lobbied hard to get it.

I am so fed up with grocery shopping when old white seniors have about 3 things in there cart while illegals and Obama voters have carts that are overflowing with crap.

Tue, 11/01/2011 - 17:05 | 1834270 TruthInSunshine
TruthInSunshine's picture

The Romans had Bread & Circus.

We have SNAP/UE Benefits/Social Security & Monday Night Football/War with [insert paper tiger nation that we formerly armed and-or have copious amounts of oil here]/NatGeo Specials on How Obama single handedly took out OBL

Tue, 11/01/2011 - 17:34 | 1834285 redpill
redpill's picture

Eastasia is known to harbor and aid terrorists.

Your comment could potentially be interpreted as un-American. Please report to your nearest TSA re-education facility for treatment.

And remember citizen, if you see something, say something. 

Tue, 11/01/2011 - 17:07 | 1834288 pods
pods's picture

Spot on TIS.  Spot on.  As always!


Tue, 11/01/2011 - 17:10 | 1834300 TruthInSunshine
TruthInSunshine's picture

Someone junked me, pods, maybe because they thought I have no compassion.

Au Contraire, bitchez.

Whoever junketh the above, beware that I have much compassion for the less fortunate, but maybe you should educate yourself as to how social programs like SNAP (administered at great profit by the likes of JP Morgan) merely allow for the postponement of the realization by the Sheeple of how very bankrupt the Global Banksters have driven us, via the use of errand boys/bagmen like The Bernank.

Tue, 11/01/2011 - 17:14 | 1834323 redpill
redpill's picture

We have a few folks on a junk spree today.  Don't take it impersonally, it probably didn't have anything to do with your post and instead they just don't like you for whatever reason.

Tue, 11/01/2011 - 17:16 | 1834336 TruthInSunshine
TruthInSunshine's picture

I never take Robo or Leo's junks personally.

Robo lost a shitload of money today.

(In his paper trading virtual portfolio)

Leo's still long solar and loving his lunch chats with "well known hedge fund and pension fund managers."

Tue, 11/01/2011 - 17:56 | 1834526 Pool Shark
Pool Shark's picture



Uh, no.

In order to lose money, you must have money to begin with.

And everyone on ZH knows that Robo is "livin' in a van down by the river..."

Tue, 11/01/2011 - 19:57 | 1834966 Freddie
Freddie's picture

I heard he lost the van.

Tue, 11/01/2011 - 17:31 | 1834419 SMG
SMG's picture

There are agents of the Oligarchy are on this site. Could be them. They really show up when people like George Washington post.   Take it as a badge of honor.

Tue, 11/01/2011 - 18:07 | 1834561 Rainman
Rainman's picture


Wed, 11/02/2011 - 01:24 | 1834566 Temporalist
Temporalist's picture

You mean it's not good to have to beg corporations and government to allow you to live?

Tue, 11/01/2011 - 17:53 | 1834511 JR
JR's picture

A needy family of four could receive up to $668 at month in food stamp benefits ($1052 for a family of seven and $150 for each additional person) in 2010, plus a $900 monthly cash assistance allowance through TANF – in addition to other  monetary assistance such as low income housing, education, heathcare, child subsidies, etc...

Tue, 11/01/2011 - 17:04 | 1834271 Jeremy Roenick
Jeremy Roenick's picture

Prime rib and shrimp tonight!

Tue, 11/01/2011 - 17:04 | 1834272 Fips_OnTheSpot
Fips_OnTheSpot's picture

45.8 *bilion*? ^^

Tue, 11/01/2011 - 17:04 | 1834276 oh_bama
oh_bama's picture


Tue, 11/01/2011 - 17:14 | 1834319 dwdollar
dwdollar's picture

Or 2-4 more years of goverment paid education beats working at McDs. Maybe they can move up and be an assistant manager after getting their graduate degrees.

Tue, 11/01/2011 - 17:24 | 1834369 nyse
nyse's picture

What, me worry? 

Tue, 11/01/2011 - 17:05 | 1834277 Quantitative_Ap...
Quantitative_Appeasing's picture

Might want to change that "B"illion to Million...


Other than that, Bulli$h for -


Batons,Teargas, Drones, MRE's, FMJ's,



Tue, 11/01/2011 - 17:27 | 1834397 Eally Ucked
Eally Ucked's picture

You see somehow we will restart our manufacturing capacity, but I think battons are things from the past.

Wed, 11/02/2011 - 05:03 | 1835954 UP Forester
UP Forester's picture

Batons are only from the past if they don't come from the sky:


How about Houston SWAT with taser drones?

Tue, 11/01/2011 - 17:05 | 1834280 monopoly
monopoly's picture

A bit off topic but relevant to all of us here.


An INTENSE moment of TRUTH with MAINSTREAM Media

Tue, 11/01/2011 - 17:06 | 1834282 fuu
fuu's picture

I was recently at a meeting where a sales doofus was talking about WIC only stores in CA being perfect target markets. One of the bullet points was, "Price points in these markets do not matter as no one is using real money."

Tue, 11/01/2011 - 17:13 | 1834314 kaiserhoff
kaiserhoff's picture

My scooter chair was paid in full!  Not one penny out of pocket.

Uh, whose pocket, granny?

Tue, 11/01/2011 - 17:15 | 1834333 fuu
fuu's picture

Exactly. Now the retail broker vultures swoop in to inflate prices at the WIC only stores resulting in a need for COLA increases to WIC.

Chairman awards for everyone!


Tue, 11/01/2011 - 17:34 | 1834434 tmosley
tmosley's picture

I'm old, gimme gimme gimme!

Tue, 11/01/2011 - 17:05 | 1834283 FunkyMonkeyBoy
FunkyMonkeyBoy's picture

This is how you pacify your citizens to the level of limp retardation.

Tue, 11/01/2011 - 17:08 | 1834297 Iriestx
Iriestx's picture

Eating on my SNAP card while I DVR Dancing with the Stars so I can watch the E! miniseries on the Kardashnian divorce and tend to my famville crops on my facebook ipad app.


Ain't it sad what America has become?

Tue, 11/01/2011 - 19:39 | 1834875 krispkritter
krispkritter's picture

You sir, are a multi-tasking Maestro! I'd applaud you but then I'd have to put down my iPhone...wait, there's an app for that: iClap, it's catchy. Uh oh.

Tue, 11/01/2011 - 17:22 | 1834361 Quantitative_Ap...
Quantitative_Appeasing's picture

Like your avatar. Another Bill Hicks is sorely needed right NOW.



Tue, 11/01/2011 - 17:39 | 1834460 Carlyle Groupie
Carlyle Groupie's picture

"This is how you pacify your citizens to the level of limp retardation."

so they can donate their tax dollars for this:

Tue, 11/01/2011 - 17:06 | 1834286 peekcrackers
peekcrackers's picture

food stamps grow and so does the profits from the  provider of them JPM.

Tue, 11/01/2011 - 17:54 | 1834521 I Got Worms
I Got Worms's picture

One reason I am certain that the gubmint wants more and more folks on food stamps is this - I have a small garden and grow more tomatos, green beans, squash and okra than I can eat, and also have chickens for eggs (and I live in the middle of Austin, not on a farm). It's all extremely easy to manage on a small family scale. I've always wondered why, if the gov't was so concerned about folks eating, they don't they give tax credits or some sort of financial incentive to those that grow and raise their own food? Would be cheaper than doling our the dough to buying all their groceries, folks would eat better (not like we have a shortage of fatties in this country), and they'd gain self respect through the process.  It is all upside to the gov't to encourage people to grow thier own food, yet it doesn't happen. I can only assume it's because that is exactly the opposite of what our politicians working for the grocery store/Monsanto/pharamacuetical lobbyists want.

Tue, 11/01/2011 - 18:12 | 1834574 DosZap
DosZap's picture

I Got Worms

OH NO, haven't you heard?.

That's illegal now.

If you get caught your ass is grass.

You are not allowed to grow your own food, on your own property for your own consumption ANY more.

Every agency almost within the the Fed g.ub, is now overseers against you breaking the laws.

Tue, 11/01/2011 - 20:59 | 1835128 blunderdog
blunderdog's picture

Having followed this specific subject with some interest, I have seen many reports and wide-eyed claims to this effect. 

I have not yet come across any reported events where law-enforcement (or any government entity, even) actually took any steps to prevent people from growing their own food.

Has there been such an event?  Anyone got any cites?

I'd be curious to see any similar documentation about government taking steps to prevent or seize collected rainwater, as well.

(I'm aware of laws in Utah and other places regarding the rainwater, but I haven't gotten details on any prosecutions.  Has anyone?)

Tue, 11/01/2011 - 23:43 | 1835572 Milestones
Milestones's picture

Concerning the rainwater capture--yes I have heard of police activity in Arizona and Colorado coming from "downstream" parties challenging on the basis of run off water collection. Rather arcane doctrine. But in the west, whiskey and women are enjoyed--water is for fightin.   Milestones

Wed, 11/02/2011 - 02:32 | 1835844 Sokhmate
Sokhmate's picture

control the food supply and you control the people.....

aka Cotex Alumentarium

Tue, 11/01/2011 - 18:27 | 1834624 Temporalist
Temporalist's picture

No raw milk for you either.  You aren't adult enough, mature enough, wise enough, to make decisions on your own without .Guv approval.

Tue, 11/01/2011 - 18:43 | 1834670 AGuy
AGuy's picture

"why, if the gov't was so concerned about folks eating, they don't they give tax credits or some sort of financial incentive to those that grow and raise their own food?"

1. Probably a Third would do it work and starve to death. Growing food isn't as easy. Especially if you have a disability, or in a area with poor soil, little rainfall, or short growing season.

2. A lot of people live in apartments with no land, at best they might be able to put a pot or two in a window, but that's not effective.

3. [Real Reason] Big Agra kicks back money to politicans, Politicans return the favor by passing restrictions to limit people from growing there own food as well as push out small farmers leaving the entire AG industry to big Agra.

4. Most people are down right lazy and would rather just get food stamps. Why work when you can get food for free?

Tue, 11/01/2011 - 18:43 | 1834671 AGuy
AGuy's picture

"why, if the gov't was so concerned about folks eating, they don't they give tax credits or some sort of financial incentive to those that grow and raise their own food?"

1. Probably a Third would do it work and starve to death. Growing food isn't as easy. Especially if you have a disability, or in a area with poor soil, little rainfall, or short growing season.

2. A lot of people live in apartments with no land, at best they might be able to put a pot or two in a window, but that's not effective.

3. [Real Reason] Big Agra kicks back money to politicans, Politicans return the favor by passing restrictions to limit people from growing there own food as well as push out small farmers leaving the entire AG industry to big Agra.

4. Most people are down right lazy and would rather just get food stamps. Why work when you can get food for free?

Tue, 11/01/2011 - 20:30 | 1835052 Freddie
Freddie's picture

The govt wants you dependent on them.

Tue, 11/01/2011 - 17:07 | 1834289 Gene8696
Gene8696's picture

Bullshit... More liberal program advancments. Most are being used for chips & cold drinks at the local 7-eleven store. Hell, I would apply for them if I could buy cigarettes & wiskey with them.

This means the government is spending more of MY money on the natives... Not that more people depend on it.

Tue, 11/01/2011 - 17:40 | 1834466 Eally Ucked
Eally Ucked's picture

Let them go loose! We will see how long you enjoy your litlle business or job at  chinese goods resale joint.

Tue, 11/01/2011 - 17:59 | 1834539 Gene8696
Gene8696's picture

Long, Native Food-stamp accepting stores... Just pin action on government Free-shit program trends

Tue, 11/01/2011 - 17:07 | 1834294 xcehn
xcehn's picture

What a problem it would be if they cut all those recipients off.

Tue, 11/01/2011 - 17:16 | 1834335 uno
uno's picture

they are quietly by the cpi adjustments

Tue, 11/01/2011 - 17:16 | 1834337 Debt-Penitent
Debt-Penitent's picture

What a problem it would be if they cut all those recipients off.
We won't. We must PAY for civility. It's cheaper than prisons and more civil than culling.

Tue, 11/01/2011 - 17:24 | 1834370 topcallingtroll
topcallingtroll's picture

You act like paying off the losers is cheaper than prisons or culling. They reproduce at a higher rate than the rest of us. We are only making the final solution to this problem more violent and painful if we continue to give them everyrhing they need without working for it and rhey keep reproducing above their replacement level.

These payoffs are not sustainable unless population growth of this underclass is stabilized.

Tue, 11/01/2011 - 17:59 | 1834537 RickyBobby
RickyBobby's picture

Im seeing the family trees grow in Idiocracy right now.

Tue, 11/01/2011 - 18:54 | 1834717 Raging Debate
Raging Debate's picture

Yes. Stabalize them with jobs. And the foreign investors have dough to spend. How a bout a bumper crop of jobs and opening this free market wide open? We did our part and deregulated open market banking so now deregulate the seeds before they're stamped out. That is what OWS is about.

And yeah, I see people abusing food stamps but not much of it. Let's face it even the guy on the street cant make a penny selling bootlegged stuff. You leave that for the poor because they probably make more than I do a year. Legalize and tax instead. More jobs. I am not into hard drugs but young people shouldn't be doing time in the pokey breaking rocks. Black markets are horrid for foreign investment. But too much stick has created them.

Tue, 11/01/2011 - 17:25 | 1834377 centerline
centerline's picture

History suggests otherwise.  

Tue, 11/01/2011 - 18:29 | 1834629 Temporalist
Temporalist's picture

Yes much better to bribe the plebes with bread and circuses.  You've really studied the masters.

Tue, 11/01/2011 - 17:09 | 1834296 bob_dabolina
bob_dabolina's picture

buh...buh...buh Obama said he would pay my mortgage....

Why don't we have mortgage stamps? or gas stamps? or cell phone stamps! The 1% should pay for it!

Why am I not getting more!?

Tue, 11/01/2011 - 17:14 | 1834324 Gene8696
Gene8696's picture

Damn right... Give me some free shit.

Tue, 11/01/2011 - 17:21 | 1834352 bob_dabolina
bob_dabolina's picture

Free shit is "the shit" 

Tue, 11/01/2011 - 17:23 | 1834367 kaiserhoff
kaiserhoff's picture

Booze and Broads stamps?  That would help my budget.

How about free lottery tickets?..., program to be paid for by the tax on the winners.  Then we could be as retarded as Ben and Pubama.

Tue, 11/01/2011 - 17:26 | 1834388 tmosley
tmosley's picture

They already have that--it's called "welfare".

Tue, 11/01/2011 - 20:00 | 1834495 Gene8696
Gene8696's picture

stimulus for the retailers... especially in the native neighborhoods.

Tue, 11/01/2011 - 18:22 | 1834611 Mr Pink
Mr Pink's picture

Actually , welfare queens get their rent paid for and get free cell phones. Gas stamps? not yet, but they do get to ride the bus for free

Tue, 11/01/2011 - 20:05 | 1834996 jerry_theking_lawler
jerry_theking_lawler's picture

....they do have free cell phones...

Tue, 11/01/2011 - 17:18 | 1834298 reader2010
reader2010's picture

According to USDA,  the Americans eat 12 billion animals that are fed with GMO corns and soybeans every year. Food stamps are required by the oil interest to keep em eating oil. 


Tue, 11/01/2011 - 17:46 | 1834490 Eally Ucked
Eally Ucked's picture

It looks like around 40 animals per head, I hope they are not cows.

Tue, 11/01/2011 - 17:10 | 1834304 mfoste1
mfoste1's picture

change you can believe in!

Tue, 11/01/2011 - 17:11 | 1834307 Belarus
Belarus's picture

This is what I keep thinking: at best the market does what 8-10% annualized over the next 10 years? And it just seems EVERYONE is SOOOOOOOO afraid of catching the train and being left behind forever to me. So all these pops on all these healines at the end of the day will be met with gravity: because when the dust settles, what you have are economies barely growing in the develped countries WHILE they need another 4.5 trillion in new incremental debt issuances. 

It's quite the little game of yo-yo markets, but in the end they will meet thier maker, as Kyle Bass said, "debt matters."

Tue, 11/01/2011 - 19:51 | 1834930 HungrySeagull
HungrySeagull's picture

What debt?


If you refer to the student loans? It's a mere annoyance until it's own weight collaspes the core.

Tue, 11/01/2011 - 17:14 | 1834318 Bunga Bunga
Bunga Bunga's picture

Bullish DLTR, WMT.

Tue, 11/01/2011 - 17:14 | 1834322 Ivo Shandor
Tue, 11/01/2011 - 17:18 | 1834341 Bunga Bunga
Bunga Bunga's picture

The GMO, antibiotic, non-organic stuff has to go somewhere.

Tue, 11/01/2011 - 17:14 | 1834325 SolidSnake961
SolidSnake961's picture


Tue, 11/01/2011 - 17:17 | 1834327 bob_dabolina
bob_dabolina's picture

BTW when are they going to run an affirmative action program for sports?

It's unfair that most profressional athletes are black. I think we should have the government get involved just like they did with education and make professional sports an even playing ground for all races.

Asian people are being discriminated against in the sports world. It's just not a fair playing field.

Tue, 11/01/2011 - 17:35 | 1834441 Use of Weapons
Use of Weapons's picture


They did this in 1936, when they were technically still not full citizens. So fuck all that racial bullshit you're bringing along.


How's about taking that long pole out of your ass, and realising that the crack-addled and dependent neighbourhoods were engineered that way? Gary Webb shot himself twice in the head he was so depressed when his story / career was buried. Then again, Vietnam proved a nice business opportunity:




Tue, 11/01/2011 - 17:52 | 1834464 bob_dabolina
bob_dabolina's picture

They did this in 1936

Well...this is 2011 and fairness is paramount. 

Sports should be comprised of equal races in this society, just like in education.

In the sports world Asians are exluded and that's not fair. The government has a responsibility to prevent this kind of injustice right?

I want to see more Asian basketball players. If the NBA is not 50% Asian by 2012 I'll sue everyone for racial discrimination. 

Tue, 11/01/2011 - 17:55 | 1834514 Use of Weapons
Use of Weapons's picture

Are you on smack or just stupid?


Chinese athletes won the most gold medals, with 51, and 100 medals altogether, while the United States had the most medals total with 110. 



Oh...wait. You meant on your stupid box in the USA. Sorry, I didn't realise I was discussing with a sheep. 


(and p.s. Yes, I get your snark, but its extremely dull & not funny, so I threw the lawyer book at you - junk yourself for not noticing, and still thinking you were being clever with your 'follow throw-up' post. Stupid fucker)

Tue, 11/01/2011 - 17:58 | 1834529 bob_dabolina
bob_dabolina's picture

How many Asian quarterbacks can you name? 

The NFL is clearly racist against asians. 

How many Asian centers in the NBA can you name? what 1? 


Tue, 11/01/2011 - 17:59 | 1834536 Use of Weapons
Use of Weapons's picture

Did you mean Central Asians, South Asians or Eastern Asians?


Tue, 11/01/2011 - 18:05 | 1834550 bob_dabolina
bob_dabolina's picture

I'm just tired of the racism in sports. 

We need more Asian line backers. If I don't see more Asian line backers I'm gona' fuckin' sue someone for being racial.

Tue, 11/01/2011 - 18:07 | 1834565 Use of Weapons
Use of Weapons's picture

Given your density, you should try and employ some NZ'ers. You idiots won't even notice they're not Asian.

Tue, 11/01/2011 - 18:46 | 1834595 bob_dabolina
bob_dabolina's picture

Given your density....


View my "density" all day long

Wed, 11/02/2011 - 02:35 | 1835848 Sokhmate
Sokhmate's picture

I'm just tired of sports.

Tue, 11/01/2011 - 18:57 | 1834649 akak
akak's picture

When you incorrectly and ambiguously say "Asians", you REALLY mean "Orientals", correct?

What is with this idiotic PC redefinition of suddenly calling Orientals "Asians", anyway?  Or is it just a matter of American geographical ignorance?  Russians, Israelis, Armenians, Turks, Persians, Pakistanis, Afghans, Georgians, Kurds, Indians and Arabs all inhabit the continent of Asia too, yet they never seem to be the ones being referred to by the recent, idiotic use of the word "Asian" to mean only Orientals (East Asians).

I wish you damn politically-correct Americans and Canadians would let go of the PC nonsense, and get your fucking geography straight, and stop thinking that the continent of Asia only consists of China, Japan, Mongolia, Vietnam, Thailand, Cambodia and Laos.


NOTE: Canadians are particularly bad in this matter, not even being able to refer to Canadian Natives as "Canadian Natives", but having to use the elaborately PC (and historically and grossly inaccurate) title of "Aboriginal First Nations Peoples".  How they manage to utter such a phrase while maintaining a straight face is a complete mystery to me.

Tue, 11/01/2011 - 19:49 | 1834926 HungrySeagull
HungrySeagull's picture

The same face that makes a big grin while 14 year olds become a legal adult.

Wed, 11/02/2011 - 00:02 | 1835616 Milestones
Milestones's picture

Better--when adults become 14 again.      Milestones

Tue, 11/01/2011 - 17:16 | 1834339's picture

And Obama came into office when on this chart????

Tue, 11/01/2011 - 17:18 | 1834342 topcallingtroll
topcallingtroll's picture

Personally I am embarrased by our welfare system. Weak, lazy people just need to learn how to support themselves. It has become a multigenerational way of life. Time to end it all.

Tue, 11/01/2011 - 17:23 | 1834363 TruthInSunshine
TruthInSunshine's picture

We now have the 3rd generation of families who know other means of life than receiving government subsistence payments (having watched their parents receive welfare, and their grandparents receive welfare, and who themselves now receive welfare).

Past slavery?

Slavery is alive and well today.

Tue, 11/01/2011 - 17:43 | 1834477 BurningFuld
BurningFuld's picture

But don't think these people are not talented. It is pretty much a full time job being able to con your social worker.

Tue, 11/01/2011 - 18:43 | 1834669 Temporalist
Temporalist's picture

I shared this already today so why not again?

Slavery: Alive and well in the 21st century

Study Says More Blacks In Jail Today Than Were In Slavery In 1850

27 Million Slaves Worldwide

Tue, 11/01/2011 - 17:21 | 1834353 youngman
youngman's picture

This is the true compass of the Economy....both real economy and moral economy....they do not drop off this statistic....and they never will..once on the teet...always on the can take that vote and count it

Tue, 11/01/2011 - 17:28 | 1834400 topcallingtroll
topcallingtroll's picture

Able bodied people who are net drags on society need to be culled.

Wed, 11/02/2011 - 00:04 | 1835623 Milestones
Milestones's picture

Pray tell; whom will be that judge????     Milestones

Tue, 11/01/2011 - 17:29 | 1834406 centerline
centerline's picture

That's a mighty big teat.  Nipples got to be sore.

Tue, 11/01/2011 - 19:48 | 1834923 HungrySeagull
HungrySeagull's picture

That aint what you need to worry about. The real bitch will come out when the milk is all gone.


Got Milk? Har har har....

Tue, 11/01/2011 - 17:24 | 1834375 navy62802
navy62802's picture

Aha, the recovery must be in full swing now. This is extra bullish with some bullishness on the side!!

Tue, 11/01/2011 - 17:26 | 1834384 kito
kito's picture

what about that wall of worry that ken fisher always always always talks about? hes so smart. hes my hero.....

Tue, 11/01/2011 - 17:28 | 1834402 vast-dom
vast-dom's picture


Tue, 11/01/2011 - 17:29 | 1834409 centerline
centerline's picture

SNAP credits can be the new "electronic" currency!

Tue, 11/01/2011 - 19:46 | 1834908 HungrySeagull
HungrySeagull's picture


Nothing personal. I do agree with your point.


However I decline electronic credits. Delivery in Bullion Silver please. And make it fast.

Tue, 11/01/2011 - 19:47 | 1834916 HungrySeagull
HungrySeagull's picture

Fuck that.


Tell Walmart to remove the cashiers and simply have the customer scan thier own shit on the way out. If they did stop long enough to do that.

The Govt can cut wally a check plus markup for the inventory monthly.

Tue, 11/01/2011 - 17:34 | 1834405 marcusfenix
marcusfenix's picture

is it just me or has U6 made huge jump since the end of August? I swear I checked it at the end of the month and it was around 24.5 million, I look at it today and it's at 25.4 million, all while the "official unemployment" number hasn't budged.

Greece will turn out to be the southbound train everybody was staring at while standing on the opposite tracks about to get splattered by the northbound train.

Tue, 11/01/2011 - 19:45 | 1834902 HungrySeagull
HungrySeagull's picture

That U6 is just getting started.


The one number no one talks about.

Tue, 11/01/2011 - 17:32 | 1834426's picture

A potential tenant of one of my personal properties can't believe I declined their rental application...."we get 4 checks on the 1st?"......sorry but your 4 checks don't meet the income requirements...... Last person I rented to got 3 checks, they payed for one month, stole my appliance's, cabinets (that a new one for me), left the trash in the back yard, wrecked the inside, was stealing power so I got a $350 charge from the electric company, and took all the interior doors (another new one)...she was  24 yrs old and had 3 children and no father...but the boyfriend was a real piece of now I can sue them for what?  That don't have jack shizz.....but they had cable!  I don't even have cable so I won't be able to even watch MNF because its on ESPN now!!!

Tue, 11/01/2011 - 17:49 | 1834478 bbq on whitehou...
bbq on whitehouse lawn's picture

Renting an't eazy. Some do lots of damage, others are loud, or cause to much drama.  Maybe because those who are good tenants, either have a house or rent from relitives.

Careful who you decide to rent to.



Tue, 11/01/2011 - 17:57 | 1834505's picture

But once I started to apply pressure for rent payment...they instantly had an officer from the building department snooping around....found one bad outlet....they know how to play the game.....I teach my kids to work hard, learn and be good citizens...they on the other hand teach their kids to work the system, "get a check" and further erode the greatness of America....I'm off to my kids Cub Scouts meeting....

Tue, 11/01/2011 - 17:35 | 1834439 Zgangsta
Zgangsta's picture

The only long-term solution is to screw ourselves to prosperity.  If every red-blooded American does his/her patriotic duty and has five more children, then the tax revenues coming in from around 2040 will be gynormous!

Do it for your country!  Your country wants you to!

Tue, 11/01/2011 - 17:46 | 1834491 catacl1sm
catacl1sm's picture

I have 5 kids. Just doing my part...

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