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Originally posted by ShEV:
rasp, if you like researching so much - check out Neil Boortz's site, he has info about eminent domain.
checked it out, it adds weight to the case against WM....
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I may agree that Wal*Mart is doing wrong, but if my reasons are different, why would I agree with your statement?
because the article i posted did not lie, there are many resons to condemn WM..
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The article sounds merely that "let's all hate this big rich company and the reasons are that they make a lot of money and they take advantage of poor"...
taking advantage of poor is bad enough, and i don't read such articles about other mega-rich companies.....wal-mart has overall negative effect on too many areas of US and foreigh life, it is impossible not to recognize that...
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Sounds like BS to me. Small businesses are hurting? Well, why don't we attack the large restaurant and cafe chains then? They are doing the exact same thing to the small businesses! This logic can be continued.
still see no BS in the article...
restaurant and cafe chains is not a fair comparison - small restaurant with exclusive design an unique menu has excellent chance of surviving depending on location, marketing, etc. Starbucks and Caribow didn't hurt Intermezzo and those single coffe places that we see everywhere...
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As far as our taxes paying for somebody's medical benefits, well... First - our taxes are paying for our government anyway, and the bigger it is, the more money we waste, so if the gov. size is reduced, then there will be more money for everything.
how's that applicable here ? is WM the government ?
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Second - I'd rather have my money pay for those who are working and doing something positive, than those who flat out sit on a wellfair and "don't do shit".
ther is no "than" here, your money are paying for everything...
WM should't screw its employees out of affordable health insurance...
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Third, the article is a great tool of the media to make noise - but where are the facts and the actual sources of this data?
7th post from the top has links...and there is much more, but there is no point reserching, pretty much everyone here is critical of WM...
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Finally, Wal*Mart has been a most popular hero of all the business case studies on its use of technology and other advanced business strategies. So on one hand - it has done some good too. The majority (the very same majority that libs are trying to get to vote for them by turning them against the rich) is looking for a "better deal" and a better price. So all Wal*Mart really did (per this article) was to find all the ways possible to drive the price down and offer very affordable and/or cheap products. All that - to please that very same majority that this article now is trying to turn against the Wal*Mart.
i hope u r not trying to suggest that concern for the public's wellbeing is the main driving idea behind WM.....profit is the main one, and this is not right or wrong, it's a law of business...i don't see critics of WM as liberal idea, i am not denying WM had some positive effect for some, but on overall scale the picture is ugly...
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So no, I do not support this article. And I still do view Wal*Mart as an evil corporation but for completely different reasons, which lead back to the actual givernment allowing this very Wal*Mart take away private property of individuals to built their stores.
Btw, building a Wal*Mart in a "poor" neighbourhood may increase the value of the land. But taking private property and build a Wal*Mart in a better neighbrouhood will most likely drive the value of the land down. So if you talk about economical effects of Wal*Mart - this is probably a better idea to discuss.
well, since u "still view Wal*Mart as an evil corporation" i am nothing but happy....enemy of my enemy is my friend
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Myths and Reality
Myth: Wal-Mart creates "hundreds" of new jobs for communities.
Fact: Studies show that for every two jobs created by a Wal-Mart store, the community loses three. Jobs that are retained by a community are merely shifted from local businesses to the giant retailer. In a 1994 report, the Congressional Research Service warned Congress that communities need to evaluate the significance of any job gains at big-box stores against any loss of jobs due to reduced business at competing retailers. The report also pointed out that these so-called new jobs "provide significantly lower wages then jobs in many industries, and are often only part-time positions, seasonal opportunities, or subject to extensive turnover." The Real Story is that when Wal-Mart moves into the neighborhood, it devours local businesses and lowers community living standards.
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Myth: Wal-Mart has "always low prices, always."
Fact: The local newspaper in Carroll County, Arkansas conducted a test of Wal-Mart's low price claim. Surveying a list of 19 common household items at six Wal-Mart stores over a one month period, the newspaper staff found that Wal-Mart was cheapest on only two of the items . The lowest register receipt for all 19 items was $12.91. The highest total for all items came from Wal-Mart at $15.86. The Real Story is the high cost of Wal-Mart's prices: lower wages, more imports, lost U.S. jobs, lower community living standards.
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Myth: Wal-Mart's presence in a community generates tax revenues.
Fact: Studies conducted by small towns on the impact of proposed Wal-Mart stores have shown that tax revenue reductions are more likely to occur after a Wal-Mart moves into an area.
A Maryland study showed that in the years following the arrival of Wal-Mart, "town tax receipts from personal property and ordinary business corporation taxes grew but at a declining rate." The study said that "the expected growth in income taxes may have been offset by low-wage jobs offered by the large retailer and by the loss of employment in competing businesses. . . ."
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Myth: Wal-Mart's workers receive good health benefits.
Fact: Wal-Mart's Health Coverage Leaves Most Workers Uncovered.
Huge employee premium payments and big deductibles keep participation in Wal-Mart's health plan to 38% of employees. That's 6 out of every 10 employees--more than 425,000 Wal-Mart employees, most of them women, who have no company provided health coverage. Nationally, more than 60% of workers are covered by company paid health plans. There's more: Wal-Mart workers pay insurance premiums that cover close to half of Wal-Mart's health plan expenses. The national average shows that employee premiums cover just over 25% of health plan expenses incurred by companies nationwide. The Real Story is that Wal-Mart freely acknowledges shifting its health care costs to taxpayers and responsible employers. A company spokesperson said, "[Wal-Mart employees] who choose not to participate in [Wal-Mart's health plan] usually get their health-care benefits from a spouse or the state or federal government." Wal-Mart is the biggest beneficiary of its health plan because the company shifts $1 billion in health care costs to the government and responsible employers.
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Myth: Wal-Mart "Buys American" and Wal-Mart "Brings it Home to the USA."
Fact: Two 1998 studies that surveyed clothing on Wal-Mart store racks and shelves found 80% and sometimes more thatn 9o% of the apparel items were produced overseas, many in countries where sweatshops and child labor are prevelant.
"The truth is," says the National Labor Committee, "Wal-Mart has moved far more production offshore than the industry average." There's more: Commenting on Wal-Mart's "Buy Mexican" program, an expert on economic nationalism said Wal-Mart is ". . .shamelessly manipulating nationalist sentiments in both countries. . . . For all its public nationalism, Wal-mart is reinvesting its all-American dollars overseas."
