The Big Business Of 'The War On Poverty'

From Breitbart:

“Boomtown 2” also discussed how companies that administer Electronic Benefits Transfer (EBT) cards profit when the welfare rolls swell. Since 2004, for example, JP Morgan, which donated $808,799 to Barack Obama in 2008, has made at least $560,492,596 running EBT programs for 18 states.

Despite the $15 trillion U.S. taxpayers have spent since the war on poverty’s inception, poverty in America is largely unchanged. This week, figures from the U.S. Census Bureau revealed that nearly 50 million Americans live below the federal poverty line.

Just like Boeing and many others have profited off the Military Industrial Complex,so have JP Morgan and others profited hugely off the anti-poverty programs our government cultivates.It would be far cheaper if the federal government cut every single American a check for at least $100 thousand,than to spend it on the anti-poverty programs it has created,but then JP Morgan and others wouldn't be making a huge windfall.Follow the money and you will find the truth every time.

The Bankster's Facebook Con

I am certainly no high finance expert by any means,but this whole business with Facebooks IPO stinks.The banksters on Wall Street knew Facebook's stock was over priced before it was offered publicly.Instead of informing all their investors,Morgan Stanley,JP Morgan,and Goldman Sachs,only let their 'sophisticated institutional investors'(their rich friends) know that Facebook was over hyped,while their 'smaller investors' (the working man) were left in the dark.The SEC and FINRA both say the will investigate,but nothing will come of it because the banksters have them in their hip pocket.

Wall Street is nothing more than an corrupt gambling house now and your a fool to gamble with them!

Hat tip to Riehl World View.