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Obama Signs $8.7 Billion Food Stamp Cut Into Law

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This should forever dispel the notion of  Obama as the man of the people, the savior.

Give this man the Nobel prize in economics. It will look good in his living room right beside the Nobel peace prize.

Look at this one military contract:

How much does a F16 cost again?

http://www.cnbc.com

Lockheed Martin reported better than expected earnings Wednesday, if you take out new health care costs. However, one of the biggest questions facing the defense giant is the future of the F-35 Joint Strike Fighter.

It is expected to be the largest defense contract ever, worth potentially $300 billion, but the GAO and the Pentagon have accused the company of runaway costs. Congressional reports claim the F-35’s original $50 million per plane pricetag has ballooned to over $100 million, and Defense Secretary Robert Gates calls that “unacceptable.”

How Much Does a Jet Fighter Really Cost?.

The US cannot feed its poor, yet manages to find $300 billion dollars for war.  That’s just one contract.

“Yes we can” screw the poor and enrich the wealthy. Standard operating procedure from the great White House of deceit and mind manipulation.

Quick, go back to looking for work. Everything is fine. Keep on shopping.

When will the American electorate learn?

Obama Signs $8.7 Billion Food Stamp Cut Into Law |.

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http://whitehousewhispers.com/

 Ned Resnikoff

On Friday, President Obama added his signature to legislation that will cut $8.7 billion in food stamp benefits over the next 10 years, causing 850,000 households to lose an average of $90 per month. The signing of the legislation known as the 2014 Farm Bill occurred at a public event in East Lansing, Mich.

The food stamp cuts are one component of a massive omnibus bill which also includes billions of dollars in crop insurance and various other programs and subsidies involving American agriculture. Before he signed the legislation, President Obama praised it as an example of bipartisan problem-solving that would help create jobs and move the American economy forward.“Congress passed a bipartisan Farm Bill that is going to make a big difference in communities across the country,” said the president.Obama’s remarks also focused heavily on economic inequality, which he has previously called “the defining challenge of our time.” The Farm Bill, he said, would “give more Americans a shot at opportunity.”away at it,” he said.
 
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Obama Signs $8.7 Billion Food Stamp Cut Into Law |.



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