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October 2013
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Morning Market Briefing – Monday- 10/14/2013

The most underrated and enlightening news last week came from Wal-Mart on Saturday. There was total simultaneous chaos in thousands of Wal-Mart stores when the EBT cards stopped working. The fat and lazy, or poor and unfortunates who make up the food stamp nation were pissed. So, this is what the government eventually has to deal with when one of its sponsored handouts is taken away. The media claims a glitch at Xerox caused all of the EBT cards to not work. Personally, we at Alphas Edge believe that the government was testing out what would be a possible consequence of removing a program. The problem now is that these people believe that all this government sponsored programs (not just the EBT) are now entitlement programs. Good luck ever removing one of these programs! […]