Jeff  Carter

Saw this last night on the news.

Taxpayers pay for cell phones for indigent people. But, the use of the program has gone up 5 fold since Obama took office. Here is the video. The money line is at 2:31.

It’s exactly what’s wrong with our governmental welfare system. I don’t think there is anyone that’s not for taking care of people that truly can’t help themselves, or run into a short term rough spot. But what is happening is people are working the system to get free money. You and I pay.

Enough. I’d rather end all welfare and see people scramble. Then we would find out who really needs it and who doesn’t. By the way, the lady that appears first has an SEIU shirt on. Don’t you need a job to be a member of a union?

 


Jeff Carter

Jeffrey Carter is an independent speculator. He has been trading since 1988. His blog site, Points and Figures was named by Minyanville as one of The 20 Most Influential Blogs in Financial Media.