Corporations Profit From $75 Billion Tax Payer Funded Food Stamps Program

 

 

 

” On Friday “Boomtown 2: The Business of Food Stamps” Government Accountability Institute (GAI) President Peter Schweizer and Breitbart News Executive Chairman Stephen K. Bannon exposed how politicians and corporations have used the country’s food stamps program to profit on the backs of tax payers.

The fraud of the food stamps program has grown since EBT cards were issued in 2002, which gave no reason for either government or corporations to look to reform the system or limit the fraud.

J. P. Morgan, which administers many of the EBT cards, like other companies, gets a cut from each transaction provided via the food stamps program. The entire system is a fraud and immoral.

Not only do corporations profit from this corrupt system, but companies like Coca Cola and Kraft Foods have “lobbied against laws” that would make sodas ineligible to purchase with food stamps Schweizer said.”