KFC: Cash, Charge or Food Stamps
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Fast Food Restaurants lobby for a piece of
Food Stamps action
The U.S. Department of Agriculture records are showing that businesses approved to accept food stamps grew by a third from 2005 to 2010, as vendors from convenience and dollar discount stores to gas stations and pharmacies joined the food stamps program.
The money at stake is huge, USDA records show food stamp benefits swelled from $28.5 billion to $64.7billion in that period. Which has encouraged Louisville-based Yum! Brands, whose restaurants include Taco Bell, KFC, Long John Silver’s and Pizza Hut, to try and get restaurants more involved, federal lobbying records show.
Federal rules generally prohibit food stamp benefits, which are distributed under the USDA’s Supplemental Nutrition Assistance Program (SNAP), from being exchanged for prepared foods. Yet a provision dating to the 1970s allows states to allow restaurants to serve disabled, elderly and homeless people.
Four states accept restaurants, with Florida the most recent joining California, Arizona and Michigan.
Dr. Kelly D. Brownell is Director of the Rudd Center for Food Policy and Obesity at Yale, where he is also Professor of Psychology and Professor of Epidemiology and Public Health. “It’s preposterous that a company like Yum! Brands would even be considered for inclusion in a program meant for supplemental nutrition” Dr. Brownell said.
His research deals primarily with obesity and the intersection of behavior, environment, and health with public policy. He was named in 2006 as one of “The World’s 100 Most Influential People” by Time magazine.
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The first thing required by the food stamp office is an application. Most counties have an online application process. The electronic application allows the process to get started the moment the application is submitted. Paper applications will be accepted, but the process will take longer than an electronic application. Most food stamp offices have computers available for applicants filling out electronic applications. Workers will be available on hand to answer any questions about the application you may have. ..*
Excellent post, Holte. This is an insidious privitization issue.
I wish the government would outlaw food stamps and EBT at all fast food stores. I wrote something on this many, many years ago… this is an issue that never ceases to enrage me. This is yet one more bad example of privitization… J.P. Morgan gets the profits…
JP Morgan is the largest processor of food stamp benefits in the United States. JP Morgan has contracted to provide food stamp debit cards in 26 U.S. states and the District of Columbia. JP Morgan is paid for each case that it handles, so that means that the more Americans that go on food stamps, the more profits JP Morgan makes.
http://theeconomiccollapseblog.com/archives/the-more-americans-that-go-on-food-stamps-the-more-money-jp-morgan-makes
J.P Morgan runs the EBT debit card system.
JP Morgan has contracted to provide food stamp debit cards in 26 states and the District of Columbia. JP Morgan is paid for each case that it handles, so that means that the more Americans that go on food stamps, the more profits JP Morgan makes. Considering the fact that the number of Americans on food stamps has exploded from 26 million in 2007 to 43 million today, one can only imagine how much JP Morgan’s profits in this area have soared.
http://www.theshriverbrief.org/2011/08/articles/food-stamps/banks-make-huge-profits-on-food-stamps/