A Geek With Guns

Views from a geek gun nut

Coincidence, I Think Not

Tell me if you think my line of thought is correct on this. JP Morgan just reported $5.6 billion which they attributed to their credit card business. Unemployment has been up with the recent depression forcing people on government wealth-redistribution programs such as food stamps. Food stamps in the United States are no longer stamps but Electronic Benefit Transfer (EBT) cards which are actually just standard credit cards. JP Morgan is the company that issues and controls these EBT cards.

Anybody else getting a good idea where their record profits came from?

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Written by Christopher Burg

April 13, 2011 at 11:00 am

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