WATCH: American Dependency: “Give Me My Food Stamps”
September 20th, 2013
As of this week fully 25% of American households – about 48 million people – are dependent on government food stamps to put food on the table.
The system is plagued with fraud on every level. Food stamp scams are rampant, with recipients often off-loading their monthly electronic benefit transfer cards for cash value. Mega lobbies spend tens of millions of dollars a year just to keep the pump primed and the funds flowing so that companies like Walmart and 7-11 can keep their revenues up. Big banks, including behemoths like JP Morgan, are cashing in by providing the processing facilities to make it happen.
It’s a racket.
There are hundreds of billions of dollars on the line every month and as an American taxpayer you are paying for it all.
Watch the following micro-documentary from Future Money Trends and prepare to be shocked by how deep this goes.