OT: Walmart -> Where Food Stamps Go to Die

[Home Guy]

Nothing exemplifies the ghetto status of the U.S. economy more than the success of Wal-Mart in the face of the ongoing destruction of what was once a vibrant and strong middle class. In case you missed it, Marion Nestle, Professor in the Department of Nutrition, Food Studies, and Public Health at NYU, came out with some interesting tidbits regarding the food stamp program.

One of them is extraordinarily disturbing. She shows that Wal-Mart?s gets as much as 25% to 40% of revenue at some stores from food stamp dollars. This says it all folks. Food stamps are or course the perfect business for Wal-Mart and JP Morgan, which as I pointed out previously makes a lot of money running the program and keeping the populace in perpetual serfdom.

Meanwhile, guess what another of the best performing stocks this year is? Corrections Corp of America, ticker CXW, up 41% YTD! Guess what they do? Yep, you guessed it. They lock up the serfs that get out of line.

Corrections Corporation of America provides detention and corrections services to governmental agencies. The Company owns correctional and detention facilities in the United States and the United Kingdom. Services include design, construction, ownership, renovation, and management of new or existing jails and prisons, as well as long distance inmate transportation services.

There you have it folks. What sectors are leading the American economy in the ?recovery?: Food stamps and Prisons. They are actually perfectly complimentary. If the food stamps don?t work the prisons will.

[Vic Smith]

Many Walmart employees are on food stamps and Medicaid. So Walmart is pretty smart, kind of like Henry Ford, but with a twist. Pay a low enough wage so your employees have to shop at Walmart with their food stamps. It looks like Chicago is trying to cut in on the prison companies take. The city council passed a law that says possession of less than

16 grams of MJ will no longer land you in jail. But you have to pay a $250-500 fine. Good revenue. big question is whether you can pay the fine with food stamps.

[Tegger]

Home Guy wrote in news: [e-mail]:

Does America have more sex criminals than Canada?

Where's America's "Luka Magnotta"? Where's America's Russell Williams? Where's America's Michael Rafferty? Where's America's Paul Bernardo?

[Malcom "Mal" Reynolds]

does she show what percentage of profit food stamps generates for wal-mart?

[Home Guy]

What does sex crimes have to do with your economy being in the toilet?

Here is the short list:

Gary Ridgway Ted Bundy John Wayne Gacy Jeffrey Dahmer Dennis Rader David Berkowitz Richard Ramirez Coral Eugene Watts Dean Corll Albert Fish Eddie Gein Angel Maturino Resendiz Derrick Todd Lee The team of John Allen Muhammad + Lee Malvo Herman Webster Mudgett Maj. Nidal Malik Hasan Hassan (Ft. Hood killer) Staff Sergeant Robert Bales (killed 16 Afghan civillians) Charles Manson

And don't forget these mass-murderers who commited crimes against humanity:

Dick Cheney Donald Rumsfeld George W Bush Henry Kissinger

And don't forget this list of catholic priests accused / convicted of sexual assault / rape:

(I would exceed the allowable size for a posted usenet message if I included all the names on that page here in my post)

[The Real Bev]

Would you rather that food stamp recipients shopped at Gelson's or whatever your local gourmet grocery shoppe is called? I remember being really pissed at seeing nicely-dressed Xerox employees (badges around their necks and the Xerox building was nearby) buying ready-made sandwiches at the supermarket with food stamps.

[Ed Pawlowski]

That would piss me off too. Sandwiches are not eligible for purchase with food stamps, nor is any prepared food. Today, the computer would kick it out at the register, but years ago, it was possible as a grocery was rung up the same no matter what you bought.

[Tegger]

Home Guy wrote in news: [e-mail]:

Ed Gein? You're going back to the '50s, there.If you want to go back that far, and to add mass-murderers to the sex-killers I was originally talking about, I could add more than a dozen names to my very-recent Canadian list.

And some of your listed killers are mass-murderers, not sex murderers.

But, taking your list at face-value... Canada has one-tenth the population of the US. I would expect one tenth the rate of sex killers in Canada compared to America. I gave 4 recent names. For the US to exceed that rate, you'd need to come up with 41 names. You gave 16 names. The US, therefore has less than /half/ the rate of sex killers as Canada does.

Your Canadian ways are strange to us...

[Robert Allison]

JP morgan runs the food stamp program? And you say it is soaring? Well, at the end of may my stock was valued at 47.00 and today it is at

35.73. I hardly call that soaring.

And lets see, let me look up your CXW... OK, it was at 31.50 in mid april and is currently at 28.96. You are correct that it has gained about 40 percent for the year, though. I don't really see it soaring as most stocks have come up a lot this year, that is why the S&P is so much higher than it was last year!

I won't be taking any stock (or other) advice from you, for sure.

Thanks for trying to play though.

Oh yeah, JP Morgan does not "run" the food stamp program, the government does. JP Morgan is contracted to supply the cards that people use.

[Fake ID]

Is it definite that the food stamps were issued to the Xerox employee? They might have bought them from the actual FS recipeient for less than face value. Supposedly a common practice in the actual stamp days.

m

[Ed Pawlowski]

Still being done. Now, they give you the pin and the card. Want $100 worth of groceries for $50? Find a heavy smoker or drinker with an EBT card.

[The Real Bev]

They might also have found them lying in the street. You can't use food stamps for a lot of things, but you can buy cigarettes, liquor and sugar-filled breakfast cereal all at the same time -- you pay cash for what the stamps don't cover. It's just a discounting system rather than encouragement of proper nutrition.

The least they could do is make people go through the line twice -- once for the FS stuff, once for the ineligible stuff. Maybe it's not a crime to be poor, but it shouldn't be rewarded either.