TARP is Welfare; Control It

By Leo Gerard

Created 02/06/2009 - 11:36am

Summary:

A decade or so ago, some states gave welfare recipients food stamp debit cards that failed to function for excluded items, like cigarettes and alcohol. That’s what America needs for Wall Street.

A decade or so ago, some states gave welfare recipients food stamp debit cards. Welfare mothers could use them to buy groceries with plastic, just like virtually everybody else in the check out line. Plastic made accounting easier for clerks because the debit cards failed to function for excluded items like cigarettes and alcohol.