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JPMorgan Chase, one of the big banks bailed out in the financial crisis of 2008, is a private contractor retained by over half of US state governments to issue EBT cards and manage recipient accounts amounting to billions of taxpayer dollars every month.
This week’s credit check: A record 43.6 million Americans are using food stamps. JPMorgan’s segment that makes food stamp debit cards made $5.47 billion in net revenue in 2010.
"Why is the state of Florida sending these jobs away?" Brown asked. "The thing that really iced it for me, I knew that JP Morgan had gotten bailout funds." [
Those services include 24-hour customer-service call centers. Some of those calls were answered in Bangalore and Gurgaon, India. Others were taken at two U.S. call centers.
Originally posted by nixie_nox
Why do people think that the poor have to dress like hobos?
Talk about stereotyping.
Sorry to break it to you, but having a bike doesnt not mean the man didn't just lose his job. And bikes are cheaper to ride than cars.
You don't know what this person's status is. He may have been doing just fine till this point and lost a job a few months ago.
And it is none of your business.
Originally posted by benrl
My friend who is unemployed, tried to get financial aid to get retrained to find work.
He couldn't get it unless he was on food stamps...
So he waits trying to get the money together to go to school, time passes and he decides he needs the schooling so he goes and applies for food stamps.
Well hes got his ebt card which he doesn't need or use, just to get aid money for school... Yea something needs to change.
Originally posted by jjkenobi
Well, it isn't just the OP noticing a rare occurrence. The abuse is rampant. You don't have to look hard to find misuse of the money. You would have to look EXTREMELY hard to find anyone in the govt doing anything about it.