REPORT ABUSIVE MESSAGE
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Subject
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J.P. Morgan makes billions in profits from food stamps every year
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Poster Handle
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Mordier L'eft |
Post Content
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Republicans often complain about the cost of food subsidization for the poor, but the reality is some of their biggest and most powerful constituents are profiting from SNAP, aka Foodstamps, in several sinister ways. The total budget for The Supplemental Nutrition Assistance Program is $72 billion a year. A bombshell report by eatdrinkpolitics.com tells the not so difficult to believe tale of how big businesses lobby heavily in Washington, D.C. to keep the food that can be bought through food assistance programs unhealthy and cheap, while mega banks like J.P. Morgan literally skim billions off the top by forming payment processing agreements for all now electronic transactions. [ link to www.examiner.com]
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