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Food stamps are awesomely effective, banks are evil, and health care is a scam August 13, 2013

Posted by Erin Ptah in News Roundup.
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Food stamps are awesomely effective:

“When Moody’s Analytics assessed different forms of stimulus, it found that food stamps were the most effective, increasing economic activity by $1.73 for every dollar spent. Unemployment insurance came in second, at $1.62, whereas most tax cuts yielded a dollar or less. All the talk in Washington these days, however, is of cutbacks—even for the hungry.”

Look, ma, we found a Republican what does NOT want to cut taxes!” Because apparently if you cut taxes on groceries, that is “encouraging the behavior of purchasing food.”

“I was driven by a desire to give back to the country that had given so much to me. My fellow citizens had helped me succeed, made sure I never went to bed hungry, provided a safety net when my family needed it. I could repay that debt as a soldier.”

“If divided evenly across Feeding America’s national network of food banks, every food bank would need to provide an additional 4 million meals each year for the next ten years.

Banks are evil:

“That’s when she noticed that most everything was gone from her home, apparently taken away by the company the bank hired to repossess her house. Which, again, was the wrong one.

“Perhaps showing its firm belief in the afterlife, Bank of America has continued to charge fees to the bank account of a man it knows died nearly half a year ago.” (One more reason I’m glad I left them.)

Health care is a scam:

“Some of the documented tales: a $15,000 charge for lab tests for which a Medicare patient would have paid a few hundred dollars; an $8,000 special stress test for which Medicare would have paid $554; and a $60,000 gall bladder operation, which was covered for $2,000 under a private policy.”

“In one of the ironies in a country with health care discrepancies, a single hospital admission for M — paid for by the taxpayer-financed state medical-assistance program — costs more than a year of private outpatient care would.

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