By Matthew Vadum ——Bio and Archives--August 7, 2009
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For the first time, more than 34 million Americans received food stamps, which help poor people buy groceries, government figures said on Thursday, a sign of the longest and one of the deepest recessions since the Great Depression. Enrollment surged by 2 percent to reach a record 34.4 million people, or one in nine Americans, in May, the latest month for which figures are available. [emphasis added]But just because you're jobless or on social assistance, doesn't mean you can't be a homeowner. Just ask the friendly people at ACORN. They pioneered the use of food stamps by lenders as income in mortgage applications. And if you default, who cares. Taxpayers will bail you out and ACORN will bring in squatters and protesters to help you live rent-free.
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Matthew Vadum, matthewvadum.blogspot.com, is an investigative reporter.
His new book Subversion Inc. can be bought at Amazon.com (US), Amazon.ca (Canada)
Visit the Subversion Inc. Facebook page. Follow me on Twitter.