[kj] OT (?): Signs of Armageddon

[Brendan Quinn]

And Bernanke thinks the fears of recession in the US are receding...after
the latest unemployment stats (up to 5.5% from 5), which show the largest
increment in about 20 years. Hrm.


-----Original Message-----
From: gathering-bounces at misera.net [mailto:gathering-bounces at misera.net] On
Behalf Of B. Oliver Sheppard
Sent: Wednesday, 11 June 2008 5:43 a.m.
To: A list about all things Killing Joke (the band!)
Subject: [kj] OT (?): Signs of Armageddon

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/AR2008042303
236.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

------------

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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