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(Yahoo)   Virtual breadlines, rampant unemployment, and ineffective leaders that are content to watch the country burn: Welcome to the new depression   (finance.yahoo.com) divider line 103
    More: Sad, David Rosenberg, Gluskin Sheff, subprime mortgage crisis, Daniel Gross, Henry Blodget, Marion Nestle, Federal Reserve, Jamie Dimon  
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3331 clicks; posted to Business » on 25 Jun 2012 at 12:26 PM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-06-25 09:44:24 AM
Or as the GOP calls it, Utopia.
 
2012-06-25 09:50:15 AM
holy fark that's depressing. i guess i should consider myself lucky i'm saving 5k a month at the moment

suck it poor people.
 
ZAZ [TotalFark]
2012-06-25 09:55:24 AM
Because these benefits are now given in the form of electronic debit cards, we don't have bread lines like in the 1930s, but they are there in virtual form.

We should go back to bread lines (and cheese lines, etc.). There is a lot of EBT misuse and politicians in my state don't want to fix it.
 
2012-06-25 10:08:15 AM
What ever happened to government cheese? Folks loved that.
 
2012-06-25 10:13:25 AM

ZAZ: There is a lot of EBT misuse


You have any proof of that?
 
2012-06-25 10:13:50 AM
What I wanna know is, if the people of the depression were so poor, how come 98% of 'em had one of these:
ts3.mm.bing.net
 
2012-06-25 10:29:09 AM
Don't forget about America's sick being cast into bankruptcy should they contract so much as a sniffle.
 
2012-06-25 10:36:38 AM
For godsake, someone get Germany to invade Poland so we can kickstart the economy!
 
ZAZ [TotalFark]
2012-06-25 10:48:48 AM
skinnycatullus

Boston area papers had stories in April. Randomly selected story: http://www.eagletribune.com/haverhill/x611951070/-32B-House-budget-ta k es-aim-at-EBT-abuse. In the end the budget did not include any effective measures.
 
2012-06-25 11:03:13 AM

Ennuipoet: For godsake, someone get Germany to invade Poland so we can kickstart the economy!

I'm trying! For the love of god does anyone know the German words for "your mother"?
 
2012-06-25 11:17:16 AM

ZAZ: skinnycatullus

Boston area papers had stories in April. Randomly selected story: http://www.eagletribune.com/haverhill/x611951070/-32B-House-budget-ta k es-aim-at-EBT-abuse. In the end the budget did not include any effective measures.


You found a story with the misuse of 20 cards and you're saying the entire system has endemic misuse? Well that's a convincing and not at all totally blown out of proportion argument.
 
2012-06-25 11:20:54 AM

ZAZ: skinnycatullus

Boston area papers had stories in April. Randomly selected story: http://www.eagletribune.com/haverhill/x611951070/-32B-House-budget-ta k es-aim-at-EBT-abuse. In the end the budget did not include any effective measures.


That story doesn't describe rampant misuse. It was only a small number of cards involved.
 
2012-06-25 11:28:17 AM

MassAsster: I'm trying! For the love of god does anyone know the German words for "your mother"?


Ihre Mutter!

You might also try: Deine Mutter ist so fett sie hat ihre eigene postleitzahl
 
2012-06-25 11:30:31 AM
GET THOSE DRUNK DRIVERS, WE NEED MORE REVENUE1!
 
2012-06-25 11:54:52 AM

Ennuipoet: Deine Mutter ist so fett sie hat ihre eigene postleitzahl


I was going to go with hey Deutschland, Polen sagt Yo mama so dumm sie versucht, ihr m&ms in alphabetischer Reihenfolge, but that works too
 
2012-06-25 12:24:35 PM
If you want to know if there is misuse in the EBT cards, just ask anybody that works as a cashier in any grocery or convenience store. I grew up doing just that in a family store and in my opinion, at least 30% of all transactions were for soda, chips, cold sandwiches. Back when they were food stamps, it was penny candy one at a time so they could buy cigs or beer with the change. Not everybody does it, but a lot do.
 
2012-06-25 12:30:07 PM

LaChanz: I grew up doing just that in a family store and in my opinion, at least 30% of all transactions were for soda, chips, cold sandwiches.


And that's the way big business like it.
 
2012-06-25 12:33:12 PM

LaChanz: If you want to know if there is misuse in the EBT cards, just ask anybody that works as a cashier in any grocery or convenience store. I grew up doing just that in a family store and in my opinion, at least 30% of all transactions were for soda, chips, cold sandwiches. Back when they were food stamps, it was penny candy one at a time so they could buy cigs or beer with the change. Not everybody does it, but a lot do.


The Dept of Agriculture runs the Food Stamp program.

As long as Farmers and Ranchers are benefitting, any 'mis-use' is OK.
 
2012-06-25 12:39:33 PM

LaChanz: If you want to know if there is misuse in the EBT cards, just ask anybody that works as a cashier in any grocery or convenience store. I grew up doing just that in a family store and in my opinion, at least 30% of all transactions were for soda, chips, cold sandwiches. Back when they were food stamps, it was penny candy one at a time so they could buy cigs or beer with the change. Not everybody does it, but a lot do.


Buying shiatty food is still buying food, and with the modern system you don't get change, so the whole beer and cigarettes thing is a thing of the past. What you're describing isn't misuse. If you think food stamps should be limited to healthy foods, I can see where you're coming from, but that would seriously complicate the system.
 
2012-06-25 12:47:50 PM

skinnycatullus: ZAZ: There is a lot of EBT misuse

You have any proof of that?


I saw a young 20 something using food stamps yesterday to purchase Mountain Dew, beef jerky, and chips. He then got into his ~2006 Dodge Ram 1500 with a lift kit, aftermarket exhaust system, and wheels. I'm not on food stamps, and I can't afford to spend money pimping my ride or wasting it on junk food.
 
2012-06-25 12:48:50 PM
A bunch of people thought it was unacceptable government intrusion for Michelle Obama to be in favour of healthy meals for kids.

A bunch of people think that the government should be able to dictate diet to food stamp recipients.

Any guesses about the overlap of those two groups?
 
2012-06-25 12:49:51 PM

OhTheHumidity: Its called a roth. Start early and you'll have something to fall back on when management loots your company and sends it into bankruptcy


Because the under or unemployed have extra money to put in a Roth account? The "rich" get rich, and the poor get poor. The middle class is ever shrinking.
 
2012-06-25 12:51:54 PM

jjwars1: skinnycatullus: ZAZ: There is a lot of EBT misuse

You have any proof of that?

I saw a young 20 something using food stamps yesterday to purchase Mountain Dew, beef jerky, and chips. He then got into his ~2006 Dodge Ram 1500 with a lift kit, aftermarket exhaust system, and wheels. I'm not on food stamps, and I can't afford to spend money pimping my ride or wasting it on junk food.


A) That food is perfectly acceptable use of EBT
B) When you lose your job they don't automatically take your car away from you
3) Yes, you could afford it, you just choose not to.
 
2012-06-25 12:55:16 PM

malaktaus: LaChanz: If you want to know if there is misuse in the EBT cards, just ask anybody that works as a cashier in any grocery or convenience store. I grew up doing just that in a family store and in my opinion, at least 30% of all transactions were for soda, chips, cold sandwiches. Back when they were food stamps, it was penny candy one at a time so they could buy cigs or beer with the change. Not everybody does it, but a lot do.

Buying shiatty food is still buying food, and with the modern system you don't get change, so the whole beer and cigarettes thing is a thing of the past. What you're describing isn't misuse. If you think food stamps should be limited to healthy foods, I can see where you're coming from, but that would seriously complicate the system.


Food stamps should be limited to essential foods only like fruits, veggies, milk, etc. Healthy food. It would not complicate the system at all. We already have programs that do the same thing called WIC used to help support a balanced healthy diet for pregnant mothers, infants, and children. They can't buy jerky and Mountain Dew with it as that would be abuse. It's no different than with food stamps.
 
2012-06-25 12:57:02 PM

Lost Thought 00:
A) That food is perfectly acceptable use of EBT
B) When you lose your job they don't automatically take your car away from you
3) Yes, you could afford it, you just choose not to.


1) Why should my HARDENED dollars be taken away from me so that you can eat ENJOYABLE food?
B) No food stamps unless you sell your car, home, and children first. Your supposed to be poor
last) I don't even have a truck, dumbass.
 
2012-06-25 12:59:13 PM

malaktaus: LaChanz: If you want to know if there is misuse in the EBT cards, just ask anybody that works as a cashier in any grocery or convenience store. I grew up doing just that in a family store and in my opinion, at least 30% of all transactions were for soda, chips, cold sandwiches. Back when they were food stamps, it was penny candy one at a time so they could buy cigs or beer with the change. Not everybody does it, but a lot do.

Buying shiatty food is still buying food, and with the modern system you don't get change, so the whole beer and cigarettes thing is a thing of the past. What you're describing isn't misuse. If you think food stamps should be limited to healthy foods, I can see where you're coming from, but that would seriously complicate the system.


If you have "cash benefits" you can withdraw that from an ATM using your EBT card. Link

"You can use your EBT card at any store or ATM that displays the Quest® mark throughout California and across the country."

So that is where the stories of casinos and strip clubs come from. A lot of states have been adding laws banning the use of the cash for those purposes. NY

"Enacts the "public assistance integrity act" to prohibit the sale or purchase of alcoholic beverages, tobacco products or lottery tickets with public assistance benefits; prohibits the use of public assistance benefits, by means of an electronic benefit transfer transaction, at a liquor store, casino or adult entertainment facility; establishes the public assistance integrity fund."
 
2012-06-25 01:10:24 PM

Lost Thought 00: jjwars1: skinnycatullus: ZAZ: There is a lot of EBT misuse

You have any proof of that?

I saw a young 20 something using food stamps yesterday to purchase Mountain Dew, beef jerky, and chips. He then got into his ~2006 Dodge Ram 1500 with a lift kit, aftermarket exhaust system, and wheels. I'm not on food stamps, and I can't afford to spend money pimping my ride or wasting it on junk food.

A) That food is perfectly acceptable use of EBT
B) When you lose your job they don't automatically take your car away from you
3) Yes, you could afford it, you just choose not to.


Ideally EBT should be limited to healthy foods not crap that doesn't sustain you. Junk food is junk. If you are so poor that you need food stamps to help purchase food you shouldn't be able to afford to buy junk food with them. It should be used for essentials.

If you lose your job you can't continue living the same lifestyle, and in many cases continue driving the same car. It's asinine to do so while sucking the government teat. A $15,000 truck could be sold, a decent cheap efficient car could be purchased, and there would be some additional cash leftover. Food stamps should be a last resort.

I choose not to purchase junk food because it would eat into my grocery budget. Without the allocated money in my grocery budget I would have fewer healthy foods to eat and slowly begin to lose my health. So no, I can't afford to waste money on Mountain Dew, jerky, cigs, beer, or any other non-essential food to sustain my health and keep a balanced budget without going into debt.
 
2012-06-25 01:15:19 PM

jjwars1: Lost Thought 00: jjwars1: skinnycatullus: ZAZ: There is a lot of EBT misuse

You have any proof of that?

I saw a young 20 something using food stamps yesterday to purchase Mountain Dew, beef jerky, and chips. He then got into his ~2006 Dodge Ram 1500 with a lift kit, aftermarket exhaust system, and wheels. I'm not on food stamps, and I can't afford to spend money pimping my ride or wasting it on junk food.

A) That food is perfectly acceptable use of EBT
B) When you lose your job they don't automatically take your car away from you
3) Yes, you could afford it, you just choose not to.

Ideally EBT should be limited to healthy foods not crap that doesn't sustain you. Junk food is junk. If you are so poor that you need food stamps to help purchase food you shouldn't be able to afford to buy junk food with them. It should be used for essentials.

If you lose your job you can't continue living the same lifestyle, and in many cases continue driving the same car. It's asinine to do so while sucking the government teat. A $15,000 truck could be sold, a decent cheap efficient car could be purchased, and there would be some additional cash leftover. Food stamps should be a last resort.

I choose not to purchase junk food because it would eat into my grocery budget. Without the allocated money in my grocery budget I would have fewer healthy foods to eat and slowly begin to lose my health. So no, I can't afford to waste money on Mountain Dew, jerky, cigs, beer, or any other non-essential food to sustain my health and keep a balanced budget without going into debt.


I love it when small government conservatives dictate that you have to sell your car and what food you're allowed to buy and what women can do with their vaginas, but telling a corporation where they can dump toxic waste is just a bridge too far into oppressive big government.
 
2012-06-25 01:17:52 PM

TheAlgebraist: Lost Thought 00:
A) That food is perfectly acceptable use of EBT
B) When you lose your job they don't automatically take your car away from you
3) Yes, you could afford it, you just choose not to.

1) Why should my HARDENED dollars be taken away from me so that you can eat ENJOYABLE food?
B) No food stamps unless you sell your car, home, and children first. Your supposed to be poor
last) I don't even have a truck, dumbass.


What the hell is a "hardened" dollar? Do you mean "hard-earned"?
 
2012-06-25 01:25:55 PM

GAT_00: jjwars1: Lost Thought 00: jjwars1: skinnycatullus: ZAZ: There is a lot of EBT misuse

You have any proof of that?

I saw a young 20 something using food stamps yesterday to purchase Mountain Dew, beef jerky, and chips. He then got into his ~2006 Dodge Ram 1500 with a lift kit, aftermarket exhaust system, and wheels. I'm not on food stamps, and I can't afford to spend money pimping my ride or wasting it on junk food.

A) That food is perfectly acceptable use of EBT
B) When you lose your job they don't automatically take your car away from you
3) Yes, you could afford it, you just choose not to.

Ideally EBT should be limited to healthy foods not crap that doesn't sustain you. Junk food is junk. If you are so poor that you need food stamps to help purchase food you shouldn't be able to afford to buy junk food with them. It should be used for essentials.

If you lose your job you can't continue living the same lifestyle, and in many cases continue driving the same car. It's asinine to do so while sucking the government teat. A $15,000 truck could be sold, a decent cheap efficient car could be purchased, and there would be some additional cash leftover. Food stamps should be a last resort.

I choose not to purchase junk food because it would eat into my grocery budget. Without the allocated money in my grocery budget I would have fewer healthy foods to eat and slowly begin to lose my health. So no, I can't afford to waste money on Mountain Dew, jerky, cigs, beer, or any other non-essential food to sustain my health and keep a balanced budget without going into debt.

I love it when small government conservatives dictate that you have to sell your car and what food you're allowed to buy and what women can do with their vaginas, but telling a corporation where they can dump toxic waste is just a bridge too far into oppressive big government.


It's called being responsible and holding people accountable to do the appropriate thing. Making personal sacrifices is simply common sense if you lose your job. Not wasting money given to you through tax payer supported dollars is socially responsible. Not dumping toxic waste into rivers is environmentally responsible.
 
2012-06-25 01:36:43 PM
Have our leaders (politically and economically) done anything to reverse their destruction of the middle class over the past 30 years? No? Okay then, what else did you expect to happen?


/I plan to repeat this every time one of these "state of the economy" threads is started
 
2012-06-25 01:42:40 PM

TheAlgebraist: 1) Why should my HARDENED dollars be taken away from me so that you can eat ENJOYABLE food?


Are "hardended" dollars those that have been soaked in papier-mache mixture?
 
2012-06-25 01:45:06 PM

TheBeastOfYuccaFlats: TheAlgebraist: 1) Why should my HARDENED dollars be taken away from me so that you can eat ENJOYABLE food?

Are "hardended" dollars those that have been soaked in papier-mache mixture?


Perhaps in a doggy-dog world they are.
 
2012-06-25 01:46:56 PM
I don't mean to say that things aren't bad, or worse than bad--they're crazy--but every weekend I'm out and about and I see:
--store parking lots are full
--stores are full of people who appear to be putting things in carts
--checkout lines are populated by people who appear to be waiting to pay for things

Throughout this entire economic period, even at its worst in 2008-2009 perhaps, I've never seen anything other than this be the case. Stores are full of product and people buying stuff. What does this mean? Collective denial?
 
2012-06-25 01:49:13 PM

rtaylor92: Have our leaders (politically and economically) done anything to reverse their destruction of the middle class over the past 30 years? No? Okay then, what else did you expect to happen?


/I plan to repeat this every time one of these "state of the economy" threads is started


I applaud you for doing so, but you need to go a little farther back than 30 years. Ten years farther back, in fact. This all began with Nixon, remember.
 
2012-06-25 01:51:51 PM

Oreamnos: I don't mean to say that things aren't bad, or worse than bad--they're crazy--but every weekend I'm out and about and I see:
--store parking lots are full
--stores are full of people who appear to be putting things in carts
--checkout lines are populated by people who appear to be waiting to pay for things

Throughout this entire economic period, even at its worst in 2008-2009 perhaps, I've never seen anything other than this be the case. Stores are full of product and people buying stuff. What does this mean? Collective denial?


It means that:

1) People who complain about how the "economy is doing bad" are averaging out economic regions in the US and then re-applying that average to each individual region, as if that's a sane thing to do (obviously it isn't)
2) Many of the "problems" people have in the US are bona fide "First World Problems"

/plus people love to talk on the Internet about how their personal finance practices are superior to those of everyone else they've ever met
 
2012-06-25 02:10:00 PM

Ennuipoet: For godsake, someone get Germany to invade Poland so we can kickstart the economy!


Germans are not stupid. After getting their butt kicked in two world wars they learned that it's easier to buy other countries then to take them over.
 
2012-06-25 02:24:12 PM
Was gonna biatch about how EBT abuse is rampant, at least here in Chicago, but then I realized how much I was able to chill out on unemployment and not have to hire a nanny for child care while my spouse worked.
 
2012-06-25 02:42:01 PM
some_beer_drinker: holy fark that's depressing. i guess i should consider myself lucky i'm saving 5k a month at the moment

suck it poor people.


If markets crash, whats 5K worth of tickets stubs a month gonna get you?
 
2012-06-25 02:42:57 PM

oldernell: Or as the GOP calls it, Utopia.


The rich are not all GOP (nor are all the GOP rich).

The guy's right - it's still going to take years to work through all this credit debt that we've built up. Exacerbating the issue is that nothing is being done to alleviate one of the core causes: personal and corporate wealth inequality. If the middle and lower classes had more to spend (without credit, as they've done since ~1983), the economy would be in much better shape.

But you're not going to hear that from politicians; government is a large part of the problem right now. Too much corruption is legal, too many politicians are doing it for the money. The wealth that would be flowing is collected in the pockets of banks, executives, and other people in power.

(Insert your own classic upcoming Third Estate quip.)
 
2012-06-25 03:04:19 PM

Balchinian: TheAlgebraist: Lost Thought 00:
A) That food is perfectly acceptable use of EBT
B) When you lose your job they don't automatically take your car away from you
3) Yes, you could afford it, you just choose not to.

1) Why should my HARDENED dollars be taken away from me so that you can eat ENJOYABLE food?
B) No food stamps unless you sell your car, home, and children first. Your supposed to be poor
last) I don't even have a truck, dumbass.

What the hell is a "hardened" dollar? Do you mean "hard-earned"?


They are a pain in the ass to get in your wallet, but soda machines never spit them back out because of a torn corner or small wrinkle.
 
2012-06-25 03:34:33 PM

skinnycatullus: ZAZ: There is a lot of EBT misuse

You have any proof of that?


I have dozens of stories I could tell you that I have seen first hand
 
2012-06-25 03:48:44 PM
I hate when people point to Food Stamp misuse & abuse as if it will do anything. So there are some people who take advantage of something... WHOA ... I mean who has ever heard of such an action in AMERICA?!

Stop looking at the use of Food Stamps and start looking at factors that lead to using Food Stamps. Obviously someone spending the money on soda and snacks who goes out to their semi-nice vehicle, isn't going to have the first farking clue about money management. And if we just took that money away they would literally be too stupid to survive (which you and I are too, but that's a different argument). Then you have a bunch of poor, uneducated, people running around messing up all kinds of things. Not exactly what I would call a good thing for a civilized society.

Eliminating or greatly reducing social services would have a huge negative impact on our society right now. In IT we call is cascading failure. So lets not pick on the weakest among us.
 
2012-06-25 04:01:38 PM

TheAlgebraist: Lost Thought 00:
A) That food is perfectly acceptable use of EBT
B) When you lose your job they don't automatically take your car away from you
3) Yes, you could afford it, you just choose not to.

1) Why should my HARDENED dollars be taken away from me so that you can eat ENJOYABLE food?
B) No food stamps unless you sell your car, home, and children first. Your supposed to be poor
last) I don't even have a truck, dumbass.


Look how stupid you are, bless your heart.
 
2012-06-25 04:02:24 PM
The wealthy are fleecing the middle class and we spend time biatching about how the poor are working the system. Just the way they want it.
 
2012-06-25 04:10:23 PM
The current EBT system only facilitates the taxpayer getting raped by the bad apples that exist within the system. My mother in law has collected food stamps since I have been with my wife, going on 9 years, and refuses to work due to her weight and back issues. She is currently filing for her third bankruptcy and has 3 mortgages on her home. She refuses to follow the doctors' orders to lose weight and stop smoking after her heart attack 2 years ago. When she is shopping she only buys name brand products due to the weird taste generic food imparts on her delicate palate. She has two Obama phones even though she is not looking for employment and openly mocks me and my wife for not collecting any type of government benefits even though we could. I really wish I was kidding about this.
 
2012-06-25 04:12:05 PM

TheAlgebraist: Lost Thought 00:
A) That food is perfectly acceptable use of EBT
B) When you lose your job they don't automatically take your car away from you
3) Yes, you could afford it, you just choose not to.

1) Why should my HARDENED dollars be taken away from me so that you can eat ENJOYABLE food?
B) No food stamps unless you sell your car, home, and children first. Your supposed to be poor
last) I don't even have a truck, dumbass.


Obvious spelling and grammatical mistakes, continuation of the other guy's messed up bullet-numbering, I am astounded anyone took me seriously.

I need more practice at this.
 
2012-06-25 04:21:14 PM

TheAlgebraist: TheAlgebraist: Lost Thought 00:
A) That food is perfectly acceptable use of EBT
B) When you lose your job they don't automatically take your car away from you
3) Yes, you could afford it, you just choose not to.

1) Why should my HARDENED dollars be taken away from me so that you can eat ENJOYABLE food?
B) No food stamps unless you sell your car, home, and children first. Your supposed to be poor
last) I don't even have a truck, dumbass.

Obvious spelling and grammatical mistakes, continuation of the other guy's messed up bullet-numbering, I am astounded anyone took me seriously.

I need more practice at this.


Poe's law.
 
2012-06-25 04:22:39 PM

Mazzic518: I have dozens of stories I could tell you that I have seen first hand


Oh boy, anecdotes!

Whenever you get the urge to blame poor people for wasting tax dollars or taking advantage of the system, why not consider that it's a tiny drop in the bucket compared to all the ways corporations and the wealthy do the same. Otherwise, you end up biatching about some guy stealing a penny while ignoring the guy who is making off with fistfuls of cash at a time.
 
2012-06-25 04:22:48 PM
jjwars1

Ideally EBT should be limited to healthy foods not crap that doesn't sustain you.

You have $4.36 a day to live on. You may be living in a place without a refrigerator, or with roommates who will eat up your groceries. (had both situations while in college)

About your only choices are cold sandwiches and frozen foods. And these are cheaper than healthy, in many cases.

A $15,000 truck could be sold, a decent cheap efficient car could be purchased, and there would be some additional cash leftover.

And you know that the truck was paid off? Because I'd bet it wasn't. He might be underwater on it, and even if not, its unlikely he was going to get enough out of it to buy something reliable. Selling quickly usually means sacrificing thousands of dollars. If you're out of work, and you already have a very reliable vehicle, do you want to go out and buy something used with a ton of miles on it? Really?

You make a lot of pronouncements on how people should live, with assumptions about their situation. Sure, that's his car, because he's driving it. And sure, its paid off. And sure, he has a kitchen. And sure, no roomies who would eat his groceries.

Sure.
 
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