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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

 


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Tue, 11/01/2011 - 17:01 | Link to Comment Comay Mierda
Comay Mierda's picture

poop

Tue, 11/01/2011 - 17:05 | Link to Comment Unprepared
Unprepared's picture

Beats expectation ... Bullish

Tue, 11/01/2011 - 17:09 | Link to Comment 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 | Link to Comment 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 | Link to Comment GenX Investor
GenX Investor's picture

Mmmmmmmm, gubment cheese is good for ya.

Tue, 11/01/2011 - 19:31 | Link to Comment LongBalls
LongBalls's picture

I guess JPM has to make a profit somehow?

Wed, 11/02/2011 - 00:35 | Link to Comment fourchan
fourchan's picture

i cant find food or stamps in the constitution hmmmm

Wed, 02/22/2012 - 03:17 | Link to Comment Mauibrad
Mauibrad's picture

NY EBT cards used everywhere? report:  video:  

Tue, 11/01/2011 - 17:38 | Link to Comment 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 | Link to Comment Pool Shark
Pool Shark's picture

 

 

Oh, SNAP!

 

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

[correction]

 iSNAP

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

Dahmer would be proud.

Tue, 11/01/2011 - 18:25 | Link to Comment Osmium
Osmium's picture

Soylent Green

Tue, 11/01/2011 - 19:26 | Link to Comment 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 | Link to Comment Cthonic
Cthonic's picture

Preview the restructured meat product flavor:

http://theweek.com/article/index/220866/whats-the-mcrib-made-of-anyway

 

Tue, 11/01/2011 - 21:40 | Link to Comment pods
pods's picture

The other, other white meat.

Long Pig!

pods

Tue, 11/01/2011 - 19:41 | Link to Comment 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 | Link to Comment 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 | Link to Comment FinHits
FinHits's picture

Stamp-ede of the thundering herd.

Tue, 11/01/2011 - 23:07 | Link to Comment Milestones
Milestones's picture

Woody Herman fan.     Milestones

Tue, 11/01/2011 - 18:24 | Link to Comment BeatTheMarket
BeatTheMarket's picture

can i like this twice?

Tue, 11/01/2011 - 18:50 | Link to Comment mnevins2
mnevins2's picture

Green shoots?

Tue, 11/01/2011 - 17:11 | Link to Comment 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 | Link to Comment Temporalist
Temporalist's picture

That cannot be posted without an accompanying video clip:

http://www.youtube.com/watch?v=qxm3fqmRtQc

Tue, 11/01/2011 - 21:12 | Link to Comment brew
brew's picture

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

Tue, 11/01/2011 - 17:27 | Link to Comment 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 | Link to Comment Ruffcut
Ruffcut's picture

"poop"

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 | Link to Comment 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 | Link to Comment Freddie
Freddie's picture

Mugabe II's welfare state.

Tue, 11/01/2011 - 20:02 | Link to Comment jerry_theking_lawler
jerry_theking_lawler's picture

poor. Bitchezzz!

Tue, 11/01/2011 - 20:24 | Link to Comment 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 | Link to Comment philipat
philipat's picture

So there IS such a thing as a free lunch?

Tue, 11/01/2011 - 17:04 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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
http://www.ehow.com/how_5637204_calculate-food-stamp-allotment.html

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 | Link to Comment 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 | Link to Comment 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 | Link to Comment blunderdog
blunderdog's picture

adr:

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 | Link to Comment 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 | Link to Comment Chrome Child
Chrome Child's picture

Yep.

http://dailybail.com/home/jp-morgans-food-stamp-monopoly-the-more-americ...

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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment pods
pods's picture

Spot on TIS.  Spot on.  As always!

pods

Tue, 11/01/2011 - 17:10 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment Freddie
Freddie's picture

I heard he lost the van.

Tue, 11/01/2011 - 17:31 | Link to Comment 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 | Link to Comment Rainman
Rainman's picture

urp

Wed, 11/02/2011 - 01:24 | Link to Comment 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 | Link to Comment 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 | Link to Comment Jeremy Roenick
Jeremy Roenick's picture

Prime rib and shrimp tonight!

Tue, 11/01/2011 - 17:04 | Link to Comment Fips_OnTheSpot
Fips_OnTheSpot's picture

45.8 *bilion*? ^^

Tue, 11/01/2011 - 17:04 | Link to Comment oh_bama
oh_bama's picture

THIS IS OK!

  • MORE PEOPLE RETIRED SINCE THE END OF RECESSION TWO YEARS AGO!!
  • MORE AMERICANS ARE PURSUING GRADUATE and PROFESSIONAL DEGREES then ever before, indicating their CONFIDENCE IN THE FUTURE!!
Tue, 11/01/2011 - 17:14 | Link to Comment 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 | Link to Comment nyse
nyse's picture

What, me worry? 

Tue, 11/01/2011 - 17:05 | Link to Comment 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 | Link to Comment 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 | Link to Comment UP Forester
UP Forester's picture

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

http://www.youtube.com/watch?v=WtUxNxbu8VE

 

How about Houston SWAT with taser drones?

Tue, 11/01/2011 - 17:05 | Link to Comment monopoly
monopoly's picture

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

Enjoy!

An INTENSE moment of TRUTH with MAINSTREAM Media

Tue, 11/01/2011 - 17:06 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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!

Opa!

Tue, 11/01/2011 - 17:34 | Link to Comment tmosley
tmosley's picture

I'm old, gimme gimme gimme!

Tue, 11/01/2011 - 17:05 | Link to Comment FunkyMonkeyBoy
FunkyMonkeyBoy's picture

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

Tue, 11/01/2011 - 17:08 | Link to Comment 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 | Link to Comment 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 | Link to Comment Quantitative_Ap...
Quantitative_Appeasing's picture

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

 

 

Tue, 11/01/2011 - 17:39 | Link to Comment 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:
http://english.aljazeera.net/news/middleeast/2011/11/2011111185023514728...

Tue, 11/01/2011 - 17:06 | Link to Comment peekcrackers
peekcrackers's picture

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

Tue, 11/01/2011 - 17:54 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment Sokhmate
Sokhmate's picture

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

aka Cotex Alumentarium

Tue, 11/01/2011 - 18:27 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment Freddie
Freddie's picture

The govt wants you dependent on them.

Tue, 11/01/2011 - 17:07 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment xcehn
xcehn's picture

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

Tue, 11/01/2011 - 17:16 | Link to Comment uno
uno's picture

they are quietly by the cpi adjustments

Tue, 11/01/2011 - 17:16 | Link to Comment 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 | Link to Comment 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 | Link to Comment RickyBobby
RickyBobby's picture

Im seeing the family trees grow in Idiocracy right now.

Tue, 11/01/2011 - 18:54 | Link to Comment 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 | Link to Comment centerline
centerline's picture

History suggests otherwise.  

Tue, 11/01/2011 - 18:29 | Link to Comment 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 | Link to Comment 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 | Link to Comment Gene8696
Gene8696's picture

Damn right... Give me some free shit.

Tue, 11/01/2011 - 17:21 | Link to Comment bob_dabolina
bob_dabolina's picture

Free shit is "the shit" 

Tue, 11/01/2011 - 17:23 | Link to Comment 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 | Link to Comment tmosley
tmosley's picture

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

Tue, 11/01/2011 - 20:00 | Link to Comment Gene8696
Gene8696's picture

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

Tue, 11/01/2011 - 18:22 | Link to Comment 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 | Link to Comment jerry_theking_lawler
jerry_theking_lawler's picture

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

http://www.freegovernmentcellphones.net/

Tue, 11/01/2011 - 17:18 | Link to Comment 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 | Link to Comment 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 | Link to Comment mfoste1
mfoste1's picture

change you can believe in!

Tue, 11/01/2011 - 17:11 | Link to Comment 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 | Link to Comment 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 | Link to Comment Bunga Bunga
Bunga Bunga's picture

Bullish DLTR, WMT.

Tue, 11/01/2011 - 17:14 | Link to Comment Ivo Shandor
Tue, 11/01/2011 - 17:18 | Link to Comment Bunga Bunga
Bunga Bunga's picture

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

Tue, 11/01/2011 - 17:14 | Link to Comment SolidSnake961
SolidSnake961's picture

TRANSITORY!!!

Tue, 11/01/2011 - 17:17 | Link to Comment 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 | Link to Comment Use of Weapons
Use of Weapons's picture

http://i.infopls.com/images/blackpower.jpg

http://images.travelpod.com/tripwow/photos/ta-0099-e992-2cce/1968-mexico...

 

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. http://www.youtube.com/watch?v=lyLJtkxPC6I Then again, Vietnam proved a nice business opportunity: http://en.wikipedia.org/wiki/Frank_Lucas

 

 

Zzzz

Tue, 11/01/2011 - 17:52 | Link to Comment 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 | Link to Comment 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.

 

http://en.wikipedia.org/wiki/2008_Summer_Olympics 

 

 

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 | Link to Comment 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? 

RACIST SPORTS

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

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

 

http://www.youtube.com/watch?v=pWS8Mg-JWSg

 

Tue, 11/01/2011 - 18:05 | Link to Comment 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 | Link to Comment 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.

http://ourkiwirolemodels.wikispaces.com/file/view/Jonah_Lomu_winner.jpg/...

Tue, 11/01/2011 - 18:46 | Link to Comment bob_dabolina
bob_dabolina's picture

Given your density....

haha

View my "density" all day long

http://tradeonfire.blogspot.com/

Wed, 11/02/2011 - 02:35 | Link to Comment Sokhmate
Sokhmate's picture

I'm just tired of sports.

Tue, 11/01/2011 - 18:57 | Link to Comment 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 | Link to Comment 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 | Link to Comment Milestones
Milestones's picture

Better--when adults become 14 again.      Milestones

Tue, 11/01/2011 - 17:16 | Link to Comment FLUSA.com
FLUSA.com's picture

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

Tue, 11/01/2011 - 17:18 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment Temporalist
Temporalist's picture

I shared this already today so why not again?

Slavery: Alive and well in the 21st century

http://aljazeera.com/programmes/slaverya21stcenturyevil/2011/10/20111091...

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

http://thewellversed.com/2011/10/13/study-says-more-blacks-in-jail-today...

27 Million Slaves Worldwide

http://www.examiner.com/top-news-in-bismarck/27-million-slaves-worldwide

Tue, 11/01/2011 - 17:21 | Link to Comment 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 teet....you can take that vote and count it

Tue, 11/01/2011 - 17:28 | Link to Comment topcallingtroll
topcallingtroll's picture

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

Wed, 11/02/2011 - 00:04 | Link to Comment Milestones
Milestones's picture

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

Tue, 11/01/2011 - 17:29 | Link to Comment centerline
centerline's picture

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

Tue, 11/01/2011 - 19:48 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment vast-dom
vast-dom's picture

PRINT MORE FOODSTAMPS = BULLISH ALL THE MOTHERFUCKING WAY TO THE TOP!

Tue, 11/01/2011 - 17:29 | Link to Comment centerline
centerline's picture

SNAP credits can be the new "electronic" currency!

Tue, 11/01/2011 - 19:46 | Link to Comment HungrySeagull
HungrySeagull's picture

FU!

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 | Link to Comment 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 | Link to Comment 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 | Link to Comment HungrySeagull
HungrySeagull's picture

That U6 is just getting started.

 

The one number no one talks about.

Tue, 11/01/2011 - 17:32 | Link to Comment FLUSA.com
FLUSA.com'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 work........ok...so 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 | Link to Comment 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 | Link to Comment FLUSA.com
FLUSA.com'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 | Link to Comment 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 | Link to Comment catacl1sm
catacl1sm's picture

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

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