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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Pitera who wrote (12772)	8/4/2011 3:51:26 PM
From: Stoctrash	4 Recommendations Read Replies (2) of 33421

Just checking in.....QE3 around the bend. ========================= (this is just silly....only in America!) • The food-stamp poster boy of 2011 is 59-year-old Leroy Fick. After Mr. Fick won a $2 million lottery jackpot, the Michigan Department of Human Services ruled he could continue receiving food stamps. The Detroit News explained: "If Fick had chosen to accept monthly payments of his jackpot, the winnings would be considered income, according to the DHS. But by choosing to accept a lump sum payment, the winnings were considered 'assets' and aren't counted in determining food stamp eligibility."

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