SHOCKING: How One Bank Gets Big-Time Profits From Food Stamps

 

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What’s wrong with this cycle?

 

 

Found on RussiaToday’s Youtube Channel. Originally submitted by volunteer editor Sue L.

 

 

 


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"I'm just trying to make a way out of no way, for my people" -Modejeska Monteith Simpkins

 

AFRICAN AMERICA IS AT WAR

THERE IS A RACE WAR ON AFRICAN AMERICA

THERE IS A RACE WAR ON AFRICAN AMERICANS

THERE IS A RACE WAR ON BLACK PEOPLE IN AMERICA

AMERICA'S RACISTS HAVE INFILTRATED AMERICAN POLICE FORCES TO WAGE A RACE WAR AGAINST BLACK PEOPLE IN AMERICA

THE BLACK RACE IS AT WAR

FIRST WORLD WAR:  THE APPROXIMATELY 6,000 YEAR WORLD WAR ON AFRICA AND THE BLACK RACE

Original Post

That IS a shame!! 

 

I would really like to know, though ... exactly WHO is paying this money to Chase??? 

 

The lady being interviewed indicated that Chase makes money off the 'swipe' of her card ... as in perhaps 'debit fees' ... which would be paid by the store/merchant. 

 

However, the reporter stated that they are paid "per customer" - either for maintaining the accounts or the issuance of the cards - which sounds like the State (as the manager of the food stamp program, itself!) would be liable for the payments to Chase!!!

 

And if that's the case, is it really cheaper to pay Chase to do it than for the States to operate it themselves??   Or is it just a matter of systemic corruption and corporate greed that has the States in cahoots with big corporations to maintain the (rich keep getting richer) status quo?? 

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