This page has been archived and commenting is disabled.
US Food Stamp Usage Hits New Record
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
»
- 28220 reads
- Printer-friendly version
- Send to friend
- advertisements -
Get the women and im sure you can get the studs.
Women are the problem they go for the gold, Even with a prenup.
I'm supposed to pay on my mortgage??? Damn....
Shit, even Warren Buffett's attorneys can fix his income and make him eligible for food stamps.
Barry bringing the goods...
http://www.youtube.com/watch?v=o64Fz-KW1Dk
I hope you suckers keep pulling. I'm jumping onto the gravy wagon!
Deleted because I'm a dumba$$ that cant read both sides of a chart. LOL
Soon they will only be redeemable for Monsanto soft-kill menu items.
The Kentucky Fried Chicken in Benton Harbor Michigan now accepts SNAP and ebt. So not only do you pay for their food you pay for someone else to cook it for them.
Whew.
Whatever happened up there you Yankees?
Down here in the south life is so slow you can take all day to cook meat and eat it all week.
Bullish for JPMorgan's stock.
this is the way to keep riot off the street and so far it is working, we only got some OWS here and there and nothing shaking yet.
Just remember, 90% of the $$$ goes to woman, of which 90% have children. If your a guy, you get 3 months, $90.00 a month, for food. Then you beg. Or is that, first you beg, then you beg some more, then you beg again.
The South Jersey Food Bank is critically low on food and is $300,000 in debt.
http://www.newsworks.org/index.php/flexicontent/item/29212-food-bank/
http://www.foodbanksj.org/
All Jersey gotta do is stand up a few poles and make em strong for the Bertha and Hilda's dance show.
Perhaps after a month or two, the girls will be lean and the money be good.
If you are fortunate enough not to be on food-stamps, BE THANKFUL and SHARE what you have with your family, friends and strangers, in the end that is what defines Americans.
That chart makes me hungry...
I'm glad in MA they cut off use of food stamps/welfare on lotto and cigarettes (mostly lobbied for by the convience and gas companies, btw). They want to cut off soda too, which is good.
If they really wanted to make welfare work, they would ban every dollar given on welfare from buying shit in China.
Ya think Wal-mart wants welfare gone? I'd love to see the look on the Tea Party Congressman's face when the CEO heads of SuperPAC from big box retailers storm in the morning after cutting welfare/food stamps gets passed/cut.
BTW, I always hate these posts because you'll see the "lets shit on the poor and "lazy". crowd come out in the comments, instead of the constructive stuff that can actually improve the problem. Unemployment/Welfare is NOT a total free ride....you are not completely "ballin' when you are only getting 25-30% of what you used to make. Unless of course you worked for MF Global, who could, if they wanted to, file for it and collect, even as millionaires (although not Corzine, he got "severence").
Here's data that is NOT good for the country, pretty much signaling a potential new Greatest Depression, and the majority of the posts are crude (yet some hilarious) racial undertones.
To those people, may your life get kicked in the nuts someday. Words like that just put 'em on the tee.
Up to 56 Million users of food stamps! Only 260 million shy of "their" goal! Complete and utter dependence upon state is their desire...then, and only then can they be confident of no uprising strong enough to usurp them.
Let them eat food stamps!
Oh, and those who aren't on food stamps are honing their "extreme couponing" skills to get 95% off....long live freedom and free shit cause there is a never ending supply of freeshit! Amen!
Supplemental Nutrition Assistance Program? Thats misonomer, as these people aren't buying nutrition but simply feed. They are cattle and they are fed with their processed crap devoid of nutritional value. Astroturf food for an astroturf society.
most of the people here are just spouting off about these programs and shooting around numbers that are not even close to being correct.How about you try losing everything you have and redue your life and these programs do not even come close to helping even a little bit.The programs are being used to help people who need it.Most people have spent sometime in the work force so to say its all free loading is bullshit.This is of years like going back to the 1970s and still most of these needs have gone to people who are making the same wage now(laid off now}as 1970s or 1980s.How many people hear can satisfy your hunger needs on 25.00 a week,try it out and tell me later how you do.
No work, no need to really eat.
In trucking I would eat 3 or 4 meals a day at about 50 or more per dollars a day, more in winter. There was usually a thousand or more each week. If the wheels were turning 24/7
Calories 8000+ in the worst winter or less than 2000 in the summer mostly fluids. And worked hard enough to maintain my weight.
If you were told to wait, it could be a week before a load. So you fall back to a low food diet and rely on sleep/restful activities to limit metabolism to stretch out your "Fuel" before getting hungry again.
With the right cereal, milk, coffee, ice cream and a meat dinner with bread/butter you can do very well on very little. But you cannot drive or work worth a damn.
No chips or junk food and very little sweets.
Yesterday's Steel work is today's keyboard pushing. Hardly the stuff that made America strong.
46 million people, 15% of the U.S. population is on food stamps and the number is growing. But wait... The U.S. debt crisis is judged by some experts as being as bad or worse than Europe. Our cuts start coming -- by law -- at the end of the month. -- Michael C. Ruppert
http://www.collapsenet.com/154.html