Converting Food Stamps to Cash Is a SNAP

Money is fungible — including the $billions upon $billions Obama has been flinging to the wind via food stamps:

Food stamp recipients are turning the government handouts into quick cash with ads on Craigslist, despite efforts to stem fraud.

If the past 50 years of War on Poverty history are any indication, these efforts to stem fraud will be half-hearted at best and will fail utterly. Fraud is built into the system. The very notion that someone is entitled to someone else’s money as a reward for not working is the greatest fraud of all.

The federally-funded grocery assistance coupons — which are issued by states in the form of debit cards under the Supplemental Nutrition Assistance Program (SNAP) — are being sold on the online bulletin board as well as auction sites like eBay. FoxNews.com found several offerings at Craigslist sites around the country, where the sellers offered the welfare benefits at large discounts from face value.

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Fraud has been so easy, you might say it is encouraged.

Nearly 50 million Americans are on the food stamp program, which has exploded over the last five years, more than doubling the cost to taxpayers. The Electronic Benefits Transfer (EBT) cards are issued to needy citizens who qualify, and then replenished each month with buying power. Because the cards do not include a photo ID, a recipient who is looking to sell his or her benefits for cash can simply do so and then report them stolen or lost and be issued a replacement. They could also charge a buyer much more, and never report the card as missing, effectively transferring their entitlement benefits for cash.

This gives an idea how our federal overlords have managed to blow through $3.7 trillion subsidizing poverty since Obama took power.

The War on Poverty has turned into a rout. Poverty and those who profit from it are winning. America is losing.

welfare-spending-under-obama
Economic carnage on the War on Poverty battlefield.

On tips from Wiggins, Clingtomyguns, Dr. 9, and Artfldgr. Cross-posted at Moonbattery.

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