Forum Post: The More Americans That Go On Food Stamps The More Money JP Morgan Makes
Posted 13 years ago on Oct. 7, 2011, 6:26 p.m. EST by powertothepeople
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Very interesting article:
Also: BOA provides debit cards for unemployment benefits, recipients have no choice and are charged fees for withdrawals and for calling customer service.
New Jersey (and other states) have the child support collection system on debit cards too.
Banks continue to profit from your misfortune. No matter how bad the recession gets for workers, the big banks will still get their profit, paid for by the government and you the taxpayer.
Isn't funny that when we want the government to step in and protect us against industry everyone screams socialism and communism, but industry has a free ticket into the working of government?
That's right. People don't want to see the government "create jobs" but they have no problem with the government creating profit opportunities for banks.
They get their little tithe any way they can, from every dollar we spend.
Hypocrisy! Plain and simple.
Visa and Master card are the monopoly corporations who suck their share of every business transaction like parasites. They should be nationalized immediately.
If the banks where nationalized then they wouldnt be able to prifit over these things