Food stamps a growth industry for JP Morgan.

(11 am. – promoted by ek hornbeck)

Okay, the next step in our free-market fundamentalist socio-economic ontogeny really is “soylent green is people!”  I mean mother fucker!  JP Morgan is one of the chief causes of putting people on food stamps, AND they are the number one provider of food stamps to Americans.  They profit directly in taxpayer dollars from the destitution they cause us.

Are you shitting me?  Is this the Twilight Zone?

JP Morgan is the largest processor of food stamp benefits in the United States.  JP Morgan has contracted to provide food stamp debit cards in 26 U.S. states and the District of Columbia.  JP Morgan is paid for each case that it handles, so that means that the more Americans that go on food stamps, the more profits JP Morgan makes.  Yes, you read that correctly.  When the number of Americans on food stamps goes up, JP Morgan makes more money.  In the video posted below, JP Morgan executive Christopher Paton admits that this is “a very important business to JP Morgan” and that it is doing very well.  Considering the fact that the number of Americans on food stamps has exploded from 26 million in 2007 to 43 million today, one can only imagine how much JP Morgan’s profits in this area have soared.  But doesn’t this give JP Morgan an incentive to keep the number of Americans enrolled in the food stamp program as high as possible?  

First, who in the world thought that an investment bank would be a provider of food stamps in the first fucking place?  When did that become privatized?  And why the fuck would you privatize food stamps in the first place?  Because everything becomes more efficient when you pay for exorbitant profits and executive bonuses?  How does paying for some cocksucker’s gazillion-dollar house in the Hamptons make feeding the destitute more efficient?  How does everything get fucking financialized?  How does paying rent on every god-damned government function create efficiency?  

When our “legislative engineers” begin engineering solutions to our problems, their first order of duty appears to be mandating conflicts of interest in every blueprint and block of programming code.  Every god-damned flow chart indicates that the person causing the problem for a fee is the person in charge of fixing it for a fee in an infinite loop of corruption.  Every input and output in the declaration file assigns citizens as suckers and Wall Street as benefactors of our largesse.  And if there is a programming bug, such that there is a government function from which Wall Street is not siphoning profits, they send their lobbyist lizards skulking into Congress to get those bugs out.

Food stamp usage went from 27 million to 43 million between 2007 and now, because Wall Street crashed the global economy.  We bailed them out and went on food stamps.  How do they manage to profit off of every god-damned discomfort and distress twice, thrice, really, who knows how many times their profits and bonuses treble for every ounce of woe they foist on us?

Just listen to this Wall Street lizard croaking out his reason for living:

“Volumes [of food stamps and profits] have gone through the roof in the past couple of years.”  Our indigence, misery, and privation are a boon to them, a fucking growth industry.  They’re burning our candle on both ends.  And in the middle.  Fuck.  Them.

How is it that Wall Street and Congress have the balls to do this?

I feel like cold-cocking someone.  How’s that for civility, cocksuckers?   Tunisia, here we come.