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Wednesday, October 30, 2013

Taken From the Mouths of Babes

Trey Smith

Food assistance benefits for over 45 million Americans will be slashed starting this Friday, in the first-ever nationwide reduction in benefits under the US government’s Supplemental Nutrition Assistance Program (SNAP), popularly known as food stamps.

The cuts total $11 billion over the next three years and amount on average to a month’s worth of food assistance. They will mean yet more privation for millions of working people, including the poorest and most vulnerable members of society — children, elderly people, the unemployed, the disabled and new mothers.

That this brutal cut takes place under conditions of continuing mass unemployment and economic slump, with record numbers of people living in poverty and homelessness and hunger on the rise, testifies to the ruthlessness of the American ruling class. The callous indifference of the media and the entire political establishment, beginning with the Obama White House, to the suffering of broad layers of the population is reflected in their virtual silence on the imminent cutback in benefits.

As far as the corporate-controlled media is concerned, snatching food from the mouths of hungry children is not even worth reporting. As for the politicians, Democrats as well as Republicans are saying virtually nothing because there is a bipartisan agreement to impose the cuts.

Meanwhile, the government bailout of Wall Street and corporate America continues unabated. The Federal Reserve is expected this Wednesday to announce the extension of its $85 billion-a-month subsidy to the stock market and the banks in the form of its “quantitative easing” money-printing operation. Trillions of dollars have been pumped into the financial markets and interest rates have been kept at near-zero to drive up share values to record highs in the midst of the deepest crisis in the real economy since the Great Depression.

This channeling of social wealth into the coffers of the super-rich has produced the highest levels of social inequality in nearly a century. The American financial aristocracy is choking on its own wealth.
~ from Cutting Food Stamps: The Ruthlessness of the American Ruling Class by Andre Damon and Barry Grey ~
This is yet another example of a snippet in which I don't have anything to add. The authors have expressed the indignation over this issue about as well as one might expect.

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