PepsiCo spent $2.8 million last year lobbying to keep junk food eligible for food stamps. Then RFK got 18 states to ban SNAP purchases of soda, candy, and processed snacks. Within a week, PepsiCo cut Doritos, Lay's, and Tostitos prices by up to 15%. The CEO blamed "affordability." But the timing tells the real story. SNAP is a $100 billion-a-year program. According to the USDA, 20 cents of every SNAP dollar goes to junk food. Frito-Lay products appeared in 7.2% of all SNAP shopping trips.
The moment the government stopped subsidizing demand, PepsiCo had to compete on price. No regulation. No price caps. No antitrust probe. The subsidy disappeared, and the market corrected overnight.
Now consider that this same pattern — government money in, prices up — plays out in college tuition, healthcare, defense, and every other industry with a guaranteed government buyer. Federal spending is nearly a quarter of the entire economy. All of it inflating prices. All of it eroding your purchasing power.
Central banks see the same math. That's why they're dumping dollars and buying gold. The gold companies we cover in our investment research newsletter Strategic Assets are earning record profits at these prices — some trading at just 3-4x earnings.
https://t.co/rQjQPHOY0p
.@dbongino says details he uncovered at the FBI of the Russia collusion hoax are shocking, warning the abuse of power against President Trump shows a total systematic breakdown:
“I was reading through some stuff that you could only read in the office, and it basically involved the collusion hoax, Crossfire Hurricane as it went by, and the various other spinoffs. And when you read it from the inside, when you see the details of what these absolute animals did to President Trump—I mean, I’m not shocked often, Sean—just reading through it and seeing it in detail for the first time, all put together. You can’t run a republic like this. You can’t—you absolutely cannot. It’s just stunning how all these guardrails broke down at the exact same time. It’s frightening how nobody thought to speak up and say, ‘Hey man, not only is this wrong, this is demonic—this is evil stuff.’”
A portion of the long-awaited Epstein files were released Friday as the Justice Department made the documents public in compliance with federal law.
Here's what we know: https://t.co/OoKEY8VqBP
Photo: House Oversight Committee
Let’s change the law.
Between now and then, name and shame the DAs and judges who enable murder, rape and robbery.
But especially shame those who funded the campaigns of the DAs and judges. That will make the biggest difference.
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