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  #1  
Old 11-02-2013, 03:52 PM
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Trickle up economics.

From the article: "Regardless of what one thinks about the propriety of food-stamp benefit expansions or cuts, here’s the reality: The business of America’s largest retailer and one of the nation’s most valuable companies—a stock that every index fund owns—is structured in part on the continued flow of federal assistance."

The Daily Beast.

The Wall Street Journal.

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  #2  
Old 11-02-2013, 05:13 PM
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Personally, I believe there is a genuine need for some sort of meal assistance for the unfortunate folks living below the poverty level. However, it also pisses me off when I hear stories of folks buying non-essential stuff with these EBT cards.

It seems a lot of the abuse of the meal assistance program can be curbed at the retail level. I don't understand why the fed doesn't require retailers to restrict the purchases to essential nutritional needs. That would prohibit the purchase of alcohol/tobacco and non-essential items with the EBT cards. If retailers are caught violating the restrictions on EBT purchases, they ought to be fined.
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  #3  
Old 11-02-2013, 07:01 PM
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Quote:
Originally Posted by ruchase View Post
However, it also pisses me off when I hear stories of folks buying non-essential stuff with these EBT cards.
The last time I saw any stats regarding SNAP fraud . . . it was in the single digit percentage. So, it appears, like many other things, to be a victim of perception rather than reality . . . like voter fraud, for instance . . .
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  #4  
Old 11-02-2013, 07:16 PM
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**** now I won't be able to rent a center that 60in for the Super Bowl man! Also I won''t be able to pay $100 a week for my Lexus anymore....

Good cut it.
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  #5  
Old 11-02-2013, 10:49 PM
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Quote:
Originally Posted by ruchase View Post
Personally, I believe there is a genuine need for some sort of meal assistance for the unfortunate folks living below the poverty level. However, it also pisses me off when I hear stories of folks buying non-essential stuff with these EBT cards.

It seems a lot of the abuse of the meal assistance program can be curbed at the retail level. I don't understand why the fed doesn't require retailers to restrict the purchases to essential nutritional needs. That would prohibit the purchase of alcohol/tobacco and non-essential items with the EBT cards. If retailers are caught violating the restrictions on EBT purchases, they ought to be fined.
Stores should be fined when violating the restrictions, but to be honest I don't really care what they buy with it. The most important thing is that money going back into the economy. That's in my best interest.

And the legal matters are not the reason for this the post, what I find interesting is that by catering to their base the GOP is basically hurting their donors.

$14 billion of that money went to WalMart, that's 18% of the $80 billion that the program cost. Each WalMart store makes around $2.56 million profit a year, not much but there are 7262 stores, $14 billion is a lot of stores and a lot of jobs.
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  #6  
Old 11-02-2013, 10:57 PM
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If Wal*Mart gets anally reamed as a result of GOP antics, I'll be the last one to shed a tear.
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  #7  
Old 11-02-2013, 11:26 PM
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What? EBT cards being used improperly?

You kidding?

Jorn, you don't care what people buy with these things?

Let me ask a simple question...



























DO


YOU

EVEN

PAY

TAXES,




AT

ALL???






If you are in need...no problem.

Paying off a Lexus?

"GET THEE TO A ROCKPILE AND START POUNDING YOUR WAY BACK TO FREEDOM...YOU SOB!"


Fraud is fraud.


Now I'm understanding why today's youth is wasted...they are already morally bankrupt thanks to today's adults that think the Booberment owes 'em a check off the backs of those that are still working...hoping that there WILL BE SOMETHING LEFT IN THE COFFERS WHEN THEY RETIRE.

Life sucks unless you're a Booberment moocher...
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  #8  
Old 11-02-2013, 11:27 PM
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Yes and a lot. But what has that to do with my post?
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  #9  
Old 11-02-2013, 11:56 PM
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Quote:
Originally Posted by Jorn View Post
Yes and a lot. But what has that to do with my post?
My reaction to what you said in Post #5...as follows:

Quote:
Originally Posted by Jorn View Post
Stores should be fined when violating the restrictions, but to be honest I don't really care what they buy with it. The most important thing is that money going back into the economy. That's in my best interest. ... And the legal matters are not the reason for this the post, what I find interesting is that by catering to their base the GOP is basically hurting their donors. ... $14 billion of that money went to WalMart, that's 18% of the $80 billion that the program cost. Each WalMart store makes around $2.56 million profit a year, not much but there are 7262 stores, $14 billion is a lot of stores and a lot of jobs.
An EBT, from the Booberment, is OUR MONEY...TAX MONEY.

If a Booberment Contractor is acquiring it ILLEGALLY (by non-performance of the contract or out-right fraud) I want to see the company board-members, as well as the CEO, CFO, and anyother FO in that company hanging upside down by the feet-nads-whatever and being pistol-whipped to death. After about 5 or 6 public whippings of overpaid, avaricious corporate layabouts, then we need to start going after welfare cheats, medicare cheats and anyone farking the taxpayer to the tune "Free Booberment Money 'Cause No One's Caring."

Smack WalFart to the tune of what they made as a profit.

Then start taking the legs off the little liars and cheats on the street.

Give 'em all a case of the "Joe A's" from Arizona.

Green eggs and bologna for everyone.

Just don't say you don't care how it gets spent...

It just debases those that are truly needy...and the ones that are truly paying the bill...the American Taxpayer.
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'10 - Dakota SXT - Daily Ride / ≈ 172.5K
.'76 - 450SLC - 107.024.12 / < .89.20 K
..'77 - 280E - 123.033.12 / > 128.20 K
...'67 - El Camino - 283ci / > 207.00 K
....'75 - Yamaha - 650XS / < 21.00 K
.....'87 - G20 Sportvan / > 206.00 K
......'85 - 4WINNS 160 I.O. / 140hp
.......'74 - Honda CT70 / Real 125

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  #10  
Old 11-02-2013, 11:59 PM
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After I sent the money to the IRS it's not my money anymore.
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  #11  
Old 11-03-2013, 12:05 AM
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Quote:
Originally Posted by Jorn View Post
After I sent the money to the IRS it's not my money anymore.
Again, the point is being missed here.

Rules are rules.

If the Booberment chooses to enforce ONLY the rules it wants for POLITICAL REASONS, then why should I, if my opinion of the Booderment DIFFERS, do as THEY want? Why don't I just kick back, toss out the middle finger of rigid indignation and wait 'til MY VERSION of Booberment arrives to save the day?

How come we sheeple keep putting up with fraud and greed and not string up any of the guilty?

"Kum Bye Yah" works around a campfire, hookas and beer-bongs...not in a civil society.
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M. G. Burg
'10 - Dakota SXT - Daily Ride / ≈ 172.5K
.'76 - 450SLC - 107.024.12 / < .89.20 K
..'77 - 280E - 123.033.12 / > 128.20 K
...'67 - El Camino - 283ci / > 207.00 K
....'75 - Yamaha - 650XS / < 21.00 K
.....'87 - G20 Sportvan / > 206.00 K
......'85 - 4WINNS 160 I.O. / 140hp
.......'74 - Honda CT70 / Real 125

.
“I didn’t really say everything I said.”
. . . . . . . . . . . . . . . . . . ~ Yogi Berra ~
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  #12  
Old 11-03-2013, 12:22 AM
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Nothing is being missid here and I'm not sure why you're busting my balls about this, did I not say in post #5:

"Stores should be fined when violating the restrictions".

But besides that; the reason I posted both articles in #1 and gave it the title "trickle up economics" is that by reducing the funds for food stamps it has significant effects on the economy.

Sometimes you have to give a little to get more of the pie.
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  #13  
Old 11-03-2013, 12:54 AM
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Quote:
Originally Posted by Jorn View Post
Nothing is being missid here and I'm not sure why you're busting my balls about this, did I not say in post #5: ... "Stores should be fined when violating the restrictions". ... But besides that; the reason I posted both articles in #1 and gave it the title "trickle up economics" is that by reducing the funds for food stamps it has significant effects on the economy. ... Sometimes you have to give a little to get more of the pie.
Jorn: In Post #9, I "quoted" your post directly, so the "Stores should be fined when violating the restrictions" quote is a direct OD-Paste.

Enough on that. BTW, that part I agree with...I just want to see the pain of the fine on the order of 3 or better.

My b!tch about the EBT matter is in that, as a Nation, we need to get p!ssed about the fraud going on. Do you get to keep money a perp gives you if the money was part of a sting operation? No.

Then, if the store is guilty of an illegal sale based on the premise that the "money" used for said purchase is illegally obtained by fraud (didn't need the EBT-Card to begin with or the conditions the card said are "forbidden" was bypassed anyway...) why shouldn't the spender get nailed to the wall too?

Because we're pussies and think that the BIG BAD CORPORATION needs to suffer the consequences alone?

If it takes two to make a baby then AFAIC, it takes two to perpetuate a fraud.

You're not being repulsed by either one, let alone both?

Then I begin to wonder where we're heading as a Nation that others have been looking up to for the past 237+ years.
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M. G. Burg
'10 - Dakota SXT - Daily Ride / ≈ 172.5K
.'76 - 450SLC - 107.024.12 / < .89.20 K
..'77 - 280E - 123.033.12 / > 128.20 K
...'67 - El Camino - 283ci / > 207.00 K
....'75 - Yamaha - 650XS / < 21.00 K
.....'87 - G20 Sportvan / > 206.00 K
......'85 - 4WINNS 160 I.O. / 140hp
.......'74 - Honda CT70 / Real 125

.
“I didn’t really say everything I said.”
. . . . . . . . . . . . . . . . . . ~ Yogi Berra ~
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  #14  
Old 11-03-2013, 01:09 AM
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Quote:
Originally Posted by mgburg View Post
Then, if the store is guilty of an illegal sale based on the premise that the "money" used for said purchase is illegally obtained by fraud (didn't need the EBT-Card to begin with or the conditions the card said are "forbidden" was bypassed anyway...) why shouldn't the spender get nailed to the wall too?
I know very little about fraud with food stamps, it's something so far away from my life, but I would asume that participants that are in the program would be punished if they abuse the system.

Quote:
Originally Posted by mgburg View Post

Then I begin to wonder where we're heading as a Nation that others have been looking up to for the past 237+ years.
Like cheating the system is something from 2013, I doubt that.
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  #15  
Old 11-03-2013, 01:25 AM
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Quote:
Originally Posted by mgburg View Post
Again, the point is being missed here.

Rules are rules.

If the Booberment chooses to enforce ONLY the rules it wants for POLITICAL REASONS, then why should I, if my opinion of the Booderment DIFFERS, do as THEY want? Why don't I just kick back, toss out the middle finger of rigid indignation and wait 'til MY VERSION of Booberment arrives to save the day?

How come we sheeple keep putting up with fraud and greed and not string up any of the guilty?

"Kum Bye Yah" works around a campfire, hookas and beer-bongs...not in a civil society.
Guess you missed post#3....

I suppose you would spend $100 of our tax money to try and catch $1 being improperly spent?
Somebody's priorities are whacked....

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