Struggling To Be Heard

Sociology student, mother of 5 cats, music lover, food enthusiast, mixed Black girl, natural hair lover, genderfluid, queer, anti-capitalist and prison abolitionist. Ask if you want to know more.

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I'm here to rant, rave, repost pictures and info, dissect little and big things, bitch, moan, laugh, cry. Stuff. I love getting questions. You'll find things on black history, race in America, dissecting white supremacy, the prison industrial complex, some American politics stuff, gender and feminist issues. Pictures of all kinds of beautiful people, food, cats, and you will definitely get randomly bombarded with anime shots. I also post personal posts about my life, my emotions, and relationships, which can include lots of emotions so forewarning.

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The More Americans That Go On Food Stamps The More Money JP Morgan Makes

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?

We were talking about poverty being profitable. When you get paid for every time you handle a food stamp case and the amount of people who are on food stamps has risen from a recession/depression, which was caused in part by the same institution raking in money off of food stamps, that is the epitome of cashing in on poverty. 

Source: https://www.facebook.com/OccupyTheHood