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Welcome back from Memorial Day

SNAP welcomes the US food stamp dependent back to ES futures 8 points higher after the Memorial Weekend. Unfortunately, while the Elite enjoyed barbecuing in Newport, some 45 million Americans received food stamps. This is a new record high. With today’s previous articles on Food, this trend looks to only be worsening.

http://www.thetrader.se/2011/05/31/fao-on-food-prices/

The modern breadline is getting longer and longer. SNAP has released Food Stamp Usage through March 2011, and voila, we have a new record! 44.587 million Americans are now on food stamps (the breadline).  There are now an additional 15 million Americans receiving food stamps than the 29 million in 2007 before the financial crisis began.
The Doc would like to know how many of those 44.587 million Americans still have cable TV, cell phones with text and data plans, or smoke 3 packs a day.

(Silverdoctor)

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