There has been reports that EBT cards for food stamp recipients are not working, some as long as 8 days.
We are hearing nothing about this on the media.


infowars.com

The ongoing food stamp outage could trigger nationwide riots across the country similar to the recent unrest in Baltimore and Ferguson.

Thousands – if not millions – of food stamp recipients have not gotten their benefits nine days into the month due to “glitches” in the electronic benefit transfer (EBT) system, and Americans are worried that if the outage continues, mass civil unrest will erupt.

“Yes, the s**t is starting to hit the fan; get ready for riots when people without jobs start getting hungry,” Colo. resident Jeri Brace warned on Downdetector.com, the web site reporting the mass EBT outages.

Fear of riots is a common theme on the site’s comment section.

“The board is set for unbelievable rioting, looting and worse – and all that’s needed is a little spark,” Rob P. pointed out. “What better spark than one day, no one’s EBT cards work.”

It’s even been speculated the EBT system was intentionally shut down to fuel rioting and disrupt the presidential campaign as Donald Trump continues to sap away influence from the global technocrats meeting in Dresden, Germany, this week.

But one thing is for certain, however: by encouraging mass dependency on the welfare system, the Obama administration has ensured nationwide rioting due to a large-scale collapse of the food stamp program which can then be exploited to expand the federal government.

As we reported in 2013, the administration had a goal to dramatically increase food stamp enrollment in the Supplemental Nutrition Assistance Program (SNAP).

This corresponded with a strategy called pressure from above and below in which the government deliberately creates problems, then offer “solutions” that only expand government powers at the expense of individual rights.

The USDA in particular spent vast amounts of taxpayer money to encourage illegal immigrants to apply for food stamps through television and print ads.

The agency was even working with the Mexican government to “increase participation in SNAP,” the Daily Caller reported in 2012.

In other words, by enrolling more people into welfare than the EBT system can handle, outages will result, people will riot, and the government can then use the crisis to expand federal control over local police, something we’ve also been reporting on.

Last year the Obama administration released a plan to federalize state and local law enforcement entitled Task Force on 21st Century Policing which would force departments to adhere to stricter, federal-designed requirements when they receive federal funding.

Mass rioting would give the administration the opportunity they need to enact that plan.

Overall an estimated 46.5 million Americans, or 14.5% of the U.S. population, are on welfare.


06/09/2016
Categories: Breaking News

link

A little dated but still relevant today. JPMorgan & Banking Industry Profit From Food Stamps.

This week’s credit check: A record 43.6 million Americans are using food stamps. JPMorgan’s segment that makes food stamp debit cards made $5.47 billion in net revenue in 2010.

You might think that if you’re on food stamps, big banks won’t be very interested in you. What could they possibly want with someone who’s struggling just to put food on the table? But it turns out that you’re actually part of a profitable business for big bank JPMorgan. While the money to pay for the stamps comes from the government, the technology to access it lies in private hands. Food stamps used to be literally stamps — that is, pieces of paper — but in this day and age paper is so old fashioned. Now you get your food stamps with a debit card, and JPMorgan knows all about creating plastic credit products.

As the head of this division at JPMorgan, Christopher Paton, told Bloomberg, “They act and feel very much like a debit card. A lot of stores increasingly take food stamps.” What convenience! And Paton points out that his bank is the largest processor of food stamps in the country. These are boom times for such services — a new report from the US Department of Agriculture reports that 43.6 million Americans are now using food stamps, nearly 14% of the population, which is a record number. Paton notes this trend himself: “Volumes have gone through the roof in the last couple of years,” he says. “This business is a very important business to JPMorgan in terms of its size and scale.” And the numbers bear him out. According to the company’s most recent quarterly filing with the SEC, the Treasury & Securities Services segment, which is the division that includes the food stamp business, was up 2% in the last three months of last quarter and brought in $5.47 billion in net revenue for most of 2010.

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Paton’s quick to point out that this isn’t just about profit at JPMorgan — it’s also serving a “useful social function.” And department execs don’t have to sit around hoping for unemployment to skyrocket so they can make a buck — more than 40% of food stamp recipients have a job, as Paton notes. Even if you get a job, you still have an almost one in two chance of still not being able to buy groceries, so JPMorgan can continue to make its profits as unemployment falls (someday).

But it does show a misalignment between what the banks want and what’s good for the rest of us. It turns out that JPMorgan also provides unemployment benefit debit cards in some states on top of the food stamp cards. Talk about marketing off of misery — the profit made from these cards shoots up as workers lose their jobs and can’t pay for food. Whether or not they’re providing a needed service, you would be hard pressed to find a way in which the business interest of this segment is not aligned with further economic ruin for America’s workers. Instead of profiting when we all do well, they profit off of our misery.

And the decision to place card creation in private hands can turn out to be complicated for the actual users. While the government outsourced its card creation needs to JPMorgan, the bank in turn outsourced the customer service end to India. So if you’re a food stamp user who has a problem or a question, don’t expect to actually get someone in your own country to help you out. They can’t be bothered to actually deal with the people they’re giving such a necessary service to.

…Either the mainstream media does not know what is going on yet, or it is being ignored…

Or… 2,700 of the 46,000,000 on foodstamps/SNAP is less than 0.006%. Not an earth-shattering or even newsworthy percentage of errors.

And... since no primary site except downdetector.com has reported on this, maybe the report is false.

Report: EBT Cards out for 8 days-without food, 40 million American will
riot.

http://newzsentinel.com/report-ebt-outs-for-8-days-without-food-stamps-40-million-americans-would-start-rioting-tomorrow/