Zero Hedge gets snarky. Headline of the Day

Time to celebrate the recovery: food stamp usage hits fresh record.

The closely-watched Chicago PMI index just cratered and the Case-Shiller index shows housing is in a double dip.

But don’t you worry, Uncle Ben Bernanke is still funneling as many billions as possible to the banksters via cheap money so – wait for [...]

Vampire Squid now has competition for Scummiest Bankster

Move over Goldman Sachs, JP Morgan is now even more bottom-dwelling than you are.

JP Morgan makes big bucks from food stamp growth, then hires workers in India with our tax dollars

They are busily expanding into other related growth opportunities like child support and unemployment insurance debit cards too – when they aren’t overcharging [...]

1 in 8 Americans and nearly 1 in 4 children now receive food stamps

New York Times interactive map. Click to use.

California only enrolls about half of those eligible, a proportion *less* than any other state. The report breaks the numbers down by county, with several having more than 40% of the total population receiving aid.

Something is broken when this many people can’t get by [...]

Food Stamps

A story in yesterday’s New York Times about the rising use of food stamps paints a pretty grim picture of where we are as a nation. For instance, the program,

now helps feed one in eight Americans and one in four children.

About 20,000 people are added to the program everyday. And more and more [...]