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Category Archives: SNAP

The Importance Of Prepping: Alaskans Turn To Government For Food Amid Recession

Tens of thousands of people have turned to the government for healthcare and food amid Alaska’s recession, prompting questions from state lawmakers about the sustainability of those “safety-net” programs. Simple state-wide recessions such as Alaska’s highlight the importance of being prepared. According to Alaskan Governor Bill Walker’s administration, the estimates are 240,000 people will be enrolled […]

Trump Targets Food Stamps With Proposed Fee On Retailers

Trump’s proposal to overhaul the U.S. food stamp program, or the Supplemental Nutrition Assistance Program (SNAP) as it’s currently known, has brought with it a widely overlooked fee that could end up costing food retailers billions.  Per MSN: That provision is a new fee that the White House wants to charge retailers that accept food […]

Americans “Worry About Hunger and Homelessness” As Income Drops, Jobs Dry Up

While those at the top of the heap are getting richer than ever, millions upon millions of Americans are struggling more than ever before. As a general institution, jobs for the masses increasingly feature frozen wages, evaporating benefits, part time hours, and less than stellar opportunities. For these people, just getting by can be very […]

Snap Crashes Below $20 / by Tyler Durden / Mar 16, 2017 2:12 PM Snap Inc shares are now down over 30% from their post-IPO highs, and are breaking below the $20 level on their way to the $17 IPO price. It seems options markets did nothing to slow the selling… READ MORE The post Snap Crashes Below $20 appeared first […]

Snap Enters Correction – Plunges 16% From Post-IPO Highs / by Tyler Durden / Mar 6, 2017 10:30 AM With Millennials piling in and Barrons bashing it, Snap Inc’s shares have plunged this morning after opening up over 4%. The stock is now down 14% from its spike highs on Friday and volume is heavy as spec longs cover into shorts’ T+3 ‘borrow’ availability tomorrow. As […]

SNAP Surges Above $40 Billion – Bigger Than Ebay Or Sony / by Tyler Durden / Mar 3, 2017 10:57 AM Desperate buyers  – fearful of missing out on the next Facebook – are panic-bidding Snap’s stock price this morning. Up 17% to $29 the cash-losing company is now worth almost $41 billion – more than Ebay or Sony… READ MORE The post SNAP Surges Above $40 Billion […]

Stocks and Precious Metals Charts – Snappity Doo Dah / 02 MARCH 2017 SNAP came out last night at $17, and hit $24 in open trading today. This will tickle the fancy of investors, and whet their appetite for overpriced new era stock bets. Like Uber for example. I had a call from a friend last night, asking for recommendations to put money into […]

Maine Drops 9,000 From Food Stamps After Refusal To Comply With Work Requirements

Republican Governor Paul LePage dared to begin enforcing Maine's volunteer and work requirements for food stamp (SNAP) recipients to keep their benefits. The end result was more than 9,000 non-disabled adults getting dropped from the program.   As CNS News' Eric Schiener reports, a Department of Health and Human Services (DHHS) spokesman tells the Associated […]

Why Food Stamps Don’t Promote Healthy Eating / Gary Galles / Feb 09, 2017 From a small pilot program created by John F. Kennedy’s first executive order in 1961, the food stamp program (now called the Supplemental Nutrition Assistance Program, or SNAP) has grown to be the largest federal food assistance program. However, there have always been major questions about whether the hunger […]

Startling Look At How Much Money Food Stamp Recipients Spend On Junk Food

A new study just released by the USDA, offers a very detailed look at exactly how participants in the “Supplemental Nutrition Assistance Program” (SNAP, aka Food Stamps) spend their taxpayer-funded subsidies.  Unfortunately for taxpayers, the amount of money spent on soft drinks and other unnecessary junk foods/drinks is fairly staggering.  But, we suppose it’s a […]