The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label snap. Show all posts
Showing posts with label snap. Show all posts

Tuesday, September 4, 2012

SNAP: June foodstamp applications increase three times more than Americans finding a job

In the 1920's, President Calvin Coolidge uttered the phrase, the business of Americ is business.  Nearly 100 years later, that doctrine has changed for the American people as the new business of America is foodstamps.

In June, foodstamp applications came in three times greater than the number of Americans who found jobs.



Charts courtesy of SNAP

June saw a new surge in those Americans living in poverty and thus eligible for foodstamps, with 173,600 new entrants into the system, bringing the total to a new all time high of 46.670 million and once again rising fast. Furthermore, with subsequent emergency events affecting the heartland due to the drought, the administration has made sure even more Americans will be eligible going forward. As a result expect the July and August numbers to promptly surpass 47 million on their way to the psychological resistance level of 50 million. Indicatively, the 173,600 increase in Foodstamps recipients in June was three times greater than Americans finding jobs (64,000, most of which part-time) according to the BLS. - Zerohedge

And unfortunately, the unregulated food stamp and EBT programs continue to lead to waste, fraud, and massive losses to the taxpayers.  Recently, a thrown away receipt by a food stamp recipient shows that the program is being used in many cases to fund luxury items, and not the intended healthy food and meal necessities of those on lower incomes.


The business of America is now welfare in the 21st century, and the trends are not slowing down.  At the current rate, perhaps within the next 20 years, 90% of all Americans will be on the government dole in some capacity, and the nanny state will be complete.

Tuesday, June 5, 2012

Food stamp usage by Americans reach another new high

While the Federal Reserve can print money out of thin air, it almost seems now the Federal Government can print food stamps the same way.  The sad part is, they now have to as the newest report from the USDA SNAP program shows another increase in Americans on the dole for food stamp benefits, with the number soaring over 46 million in March.



Last month, when the USDA released the latest foodstamps numbers for the month of February, there was some hope that following a third month of declines, we may just have seen the peak of US foodstamp usage and going forward we would only see the number decline. Sadly, the latest numbers refutes this: in March a total of 46,405,204 persons were at or below poverty level and thus eligible for foodstamps, a 79K increase in the month. - Zerohedge

No jobs, no home, but an EBT card to buy all the stuff Michelle Obama and Mayor Bloomberg want to eliminate from the American diets.

Monday, April 2, 2012

Food Stamp usage remains at record levels for Americans on welfare

January brought another month of reports on government welfare and benefits, and while there wasn't a large climb in new claims for food stamps and SNAP programs, usage of this program remains at all-time record levels for Americans.

And while the actual number of recipients declined by a whisper, the number of households actually receiving benefits increased to a new record of 22.2 million. Lastly, the average monthly benefit per household slide to a multi-year low of $277.27. - Zerohedge




Monday, March 5, 2012

A tale of two markets: new record highs for both Apple and Foodstamps

In the world of the haves and have-nots, economic analysis can always find new ways to distinguish the direction a populace is taking on the high and low side.  A most interesting comparison seems to have taken place on March 2nd where the wealthiest corporation in the world, Apple, reached another new high in stock price, while at the same time, Food Stamp recipients in American also touched new records.

Think Apple is the only thing allowed to hit new records every month? Think again: presenting iFoodstamps - the number of Americans living in poverty (or at least doing a damn good job of fooling the government in pretending they do). As of December, per SNAP this number just hit another record high of 46.5 million, an increase of 384,000 in one month (and ending the trend of declines from October and November), 2.4 million in 2011 (about as many as have dropped out of the Labor force, hmmmm), and 14.3 million since Obama took office. - Zerohedge



And as Zerohedge points out in ultimate Irony, you can download instruction at iTunes on how to apply and receive food stamps and other benefits.

Monday, December 5, 2011

Americans lining up for foodstamps like there is no tomorrow

Food stamp recipients just crossed 46 million Americans in the latest report from the Supplemental Nutrition Assistance Program (SNAP).  Last month, 120,000 Americans may have found a job, but 423,000 fell below the income limits and became eligible for the EBT.



Makes us all want to pull out our Karaoke machines and sing our EBT anthem.