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FOOD STAMPS: How JP Morgan gets rich with increased poverty

Submitted by sharpsteve on Sun, 01/10/2010 - 02:34

Economy

Max Keiser talks to Stacy Herbert about how JP Morgan Chase makes more money when more people are forced to use food stamps swipe cards recorded on January 9th 2010

http://www.youtube.com/wa...

Chase was also the issuer for

Submitted by Americana on Thu, 10/21/2010 - 16:55. Permalink

those on unemployment in the State of TX. Major issues with the card at times, and crap customer service to go along with it.

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+...Pray for Your Enemies and Moral Courage for Righteous Leaders, so that Justice Will Be Delivered to the Innocent...+

15 Cities With Huge Populations Living On Food Stamps

Submitted by RawfoodLiberty on Thu, 10/21/2010 - 16:29. Permalink

The number of Americans receiving food stamps rose to a record high of 41.8 million in July after a 20-month climb, according to data released by the U.S. Department of Agriculture earlier this month.
By 2010, over a quarter of the total population in 239 counties was receiving food stamps. Most of these are small rural counties, but they also include major urban areas like Philadelphia and New York.
County by county, food stamp use does not always correlate to poverty. While food stamps reach about two-thirds of those eligible nationwide, this ranges widely between states, from California enrolling just 50% of those eligible to Missouri enrolling 98% of those eligible.
http://www.businessinsider.com/cities-most-food-stamp-recipi...
Click here to see the food stamp capitals >
http://www.businessinsider.com/cities-most-food-stamp-recipi...

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And never forget, “Humans, despite our artistic pretensions, our sophistication and many accomplishments, owe the fact of our existence to a six-inch layer of topsoil and the fact that it rains.”

Depression would be way more in our face

Submitted by Rebel on Mon, 01/11/2010 - 01:21. Permalink

If it weren't for foodstamps.
Think about it.

Here is video where Bloomberg

Submitted by stillwater on Sun, 01/10/2010 - 19:51. Permalink

interviews Christopher Paton of JP Morgan about food stamps.
http://www.youtube.com/watch?v=ydrsqQShuH0

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Level the playing field with ROBERT'S RULES and a good recording device:
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Alternative Cancer Therapies
http://www.dailypaul.com/226732/alternative-cancer-therapies...

scary looking dude 4 sure

Submitted by MMJ Ministry on Mon, 01/11/2010 - 00:07. Permalink

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“We have allowed our nation to be over taxed and over regulated and overrun by bureaucrats, the founders would be ashamed of us for what we're putting up with.” Ron Paul

All that's

Submitted by stillwater on Mon, 01/11/2010 - 00:30. Permalink

missing are the bagpipes and kilt. ;)

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Thanks for educating me.

Submitted by knowmore on Sun, 01/10/2010 - 19:26. Permalink

Thanks for educating me. Great post.

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Focus on auditing the Fed ... everything else is a distraction.

Whew...

Submitted by John E Urbanik on Sun, 01/10/2010 - 16:54. Permalink

Good thing I took up the farming skill on Lord of the Rings online...

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"I have found that being rich is not about having the most but about needing the least"

Thank you!

Submitted by Devon_Saunders on Sun, 01/10/2010 - 14:44. Permalink

I had no clue about this... a perfect example of why the Daily Paul is an essential tool for those that think.

A bump for truth, in all its forms.. :)

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5 stars

Submitted by legalizeliberty on Sun, 01/10/2010 - 13:47. Permalink

great video - Thank you for posting.

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wow..i never knew this, but i

Submitted by LibertyPrevails on Sun, 01/10/2010 - 13:25. Permalink

wow..i never knew this, but i am not surprised. jp morgan/chase is a disease. and we are the cure.

Ugh!

Submitted by quiltingsando on Sun, 01/10/2010 - 12:43. Permalink

bump for others to be informed. Thanks, for posting this.

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The food stamp scam needs a lot

Submitted by reedr3v on Sun, 01/10/2010 - 12:33. Permalink

more publicity along with the harm done us all by every aspect of inflation.

Don't forget "Child" support (Chase support)

Submitted by Nate on Sun, 01/10/2010 - 11:29. Permalink

I pay 1/3 of my net income for Child Support in Wisconsin for two daughters. Why is it so high??? More money flowing through the system probably means more profits, as I can't imagine the banksters manage it for free.

You see, the State goes through JP Morgan Chase, then it goes to a Chase credit/debit card which belongs to the ex. My ex, coincidentally, needs it to keep up with the interest on her 100K student loan ;-)

I've tried to GOOGLE this little racket, explaining Chase's iron grip on Child Support, but I'm not finding anything. I'd like to know more about it.

name a program that doesnt

Submitted by troyusaguy on Sun, 01/10/2010 - 10:34. Permalink

name a program that doesnt benefit the banks....thats problem the parasite has consumed all the resources..if the banks were gone and we could keep our productive energy, this country would be amazing!

Spot on, mate.

Submitted by RawfoodLiberty on Thu, 10/21/2010 - 16:05. Permalink

@J@

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And never forget, “Humans, despite our artistic pretensions, our sophistication and many accomplishments, owe the fact of our existence to a six-inch layer of topsoil and the fact that it rains.”