Jaw-Dropping Corruption: America's 47 Million Hungry Mouths Are Just Another Corporate Cash Cow [1]

AlterNet.org
Progressive Populist
By Mark Anderson
July 22, 2012

An attorney's courageous report exposes just how ruthless and greedy big business is capable of being.

A unique, hard-hitting report just completed by a California attorney exposes a largely unknown federal food-stamp racket involving large grocery retailers, food manufacturing giants and other private players, including the Federal Reserve and JPMorganChase, which combine to channel food stamp spending into a gravy train for the heavy hitters in the food industry.

And the report’s author, Michele Simon, says administrative costs added by these privateers inflate the overall price tag of the Supplemental Nutrition Allowance Program (SNAP). And high program costs are prompting potentially deep legislative cuts to SNAP in the pending Farm Bill — when a record 46 million Americans use SNAP, of which 47% are children.

To read the rest of this story, visit AlterNet. [2]