[kj] OT (?): Signs of Armageddon

B. Oliver Sheppard bigblackhair at sbcglobal.net
Tue Jun 10 13:42:33 EDT 2008


Apparently, in addition to the near-record usage of food stamps in the
US (below), Sam's Club (Wal-Mart) and Costco are still rationing
consumers' purchase of rice:

http://www.washingtonpost.com/wp-dyn/content/article/2008/04/23/AR2008042303236.html


And "Thousands clash with police in Egyptian bread riot":
http://ap.google.com/article/ALeqM5hKZjHy7cxG63IIrBPUBZU1nyt53AD9164GTG0


Also, a cheerful CBS news vid of a breadline in the US:
http://www.cbsnews.com/sections/i_video/main500251.shtml?id=4147702n


-Oliver

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http://today.reuters.com/news/articlenews.aspx?storyID=2008-06-09T222836Z_01_N09284399_RTRUKOC_0_US-FOOD-USA-STAMPS.xml

U.S. food stamp use up sharply, sign of hard times
Mon Jun 9, 2008 5:28 PM ET

By Charles Abbott

WASHINGTON (Reuters) - Some 27.88 million Americans received food stamps
in March, up 1.5 million from a year earlier, according to the latest
U.S. government figures which antihunger experts pointed to on Monday as
a sign of economic distress.

"What's happening is we have a large number of families in poverty who
are losing income while their expenses are going up," said Stacy Dean of
the Center for Budget and Policy Priorities, a think tank.

Food stamps help poor people buy food. Benefits average $1 per meal.

Enrollment totaled 27.88 million in March, the latest month for which
figures are available, up by 219,000 people from February and up 1.5
million, or 5.7 percent, from March 2007. The Agriculture Department,
which runs the program, made the figure public late last week.

"Food stamps is the tail, not the dog. The economy is in decline so
people turn to food stamps for help," Dean said.

The record for food stamp participation is 29.85 million people in
November 2005, which included emergency benefits to victims of
hurricanes Katrina, Rita and Wilma, said USDA. Second-highest was 27.97
million people in March 1994, said the Food Research and Action Center,
an antihunger group.

"Now is the time for Congress to pass temporary increases in food
stamps, extended unemployment insurance and other targeted relief that
will stimulate the economy and help struggling families," said James
Weill, FRAC's president. He pointed to May's increase in unemployment,
to 5.5 percent.

Food stamp enrollment has exceeded 27 million people each month this
fiscal year. USDA estimates enrollment will average 27.98 million people
in fiscal 2009, which begins on October 1, at a cost of $40.3 billion.

A U.S. Agriculture Department spokesman declined to comment.

(Reporting by Charles Abbott; Editing by David Gregorio)


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