Please Scroll Down to See Forums Below globalization rules...i guess there was a big market for 2 pound bags of circus peanuts down there.....and beer cozys
http://news.bbc.co.uk/2/hi/business/3986729.stm
http://news.bbc.co.uk/2/hi/business/3986729.stm
Walmart opens by Ancient Pyramids
- Thread starter CFZB
- Start date
sigweed said:
it is possible to "do the right thing" and do "business"....but it does make it that much harder...most americans dont distinguish the two....they think well if i made a million dollars i must be doing the right thing or jesus wouldnt have gave me this money.....Hallelujah !!!!
good luck to you though..
chewyxrage
New member
who cares. wal mart has done nothing wrong. they get a bad rap because they have succeeded and are doing well. capitalism deal with it
WalMart
What every American and Canadian needs to know.
The owners of one of America's premiere retail corporations is
comprised of five of the ten richest people in the world, all from the
same family.
Their personal wealth eclipses $100 BILLION dollars. Last year
the company's CEO was paid a cool $11.5 million, more than the annual
salaries of 765 of his employees combined! The company's profits are over
$7
BILLION annually. In these difficult economic times; how do they do it?
This company runs ads featuring the United States flag and proclaims "We Buy
American". In 2001 they moved their worldwide purchasing headquarters to
China and are the largest importer of Chinese goods in the US, purchasing
over $10 BILLION of Chinese-made products annually---
products made mostly by women and children working in the labor hell-holes
China is famous for. Their average employee working in the US makes $15,000
a year,$7.22 per hour! These employees gross under $11,000 a year.
The company brags that 70% of their employees are full time, but fails to
disclose that they count anyone working 28 hours a week or more as full
time. WalMart refuses to stock emergency contraception at its pharmacies.
There are no health care benefits for employees unless you have
worked for the company for two years. With a turnover rate averaging above
50% per year, only 38% of their 1.3 million employees have health care
coverage.
In California alone it's estimated that the taxpayers pay over $20 million
annually to subsidize health care benefits for these employees who get none
from this behemoth corporation. According to a report by PBS's "Now" with
Bill Moyer, their managers are trained in what government
social programs are available for these "employees" to take advantage of, so
that
the company can pass on those costs to you and me. It allows them to not
only keep their $7 BILLION in annual profits, but to do so by substituting
benefits they refuse to provide with benefits paid for with taxpayer
dollars. This company holds the record for the most suits filed against
it by the Equal Employment Opportunity Commission.
A lawyer from "Business Week" (not exactly the bastion for supporting Labor)
said, "I have never seen this kind of blatant disregard for the law." They
had to pay $750,000.00 in Arizona for blatant
discrimination against the disabled! The judge was so incensed that he also
ordered them to run commercials admitting their guilt.
The National Labor Relations Board has issued over 40 formal complaints
against the corporation in 25 different states in just the past five years.
The NLRB's top lawyer believed that their labor
violations, such as illegal spying on employees, fraudulent record keeping,
falsifying time cards to avoid paying overtime, threats, illegal firings for
union organizing etc., were so widespread that he was looking into filing a
very rare national complaint against the company. (The company contributed
$2,159,330.00 to GW Bush and the GOP in 2000 and 2002. The NLRB attorney
was replaced when President Bush took office.).
Nearly 1 MILLION women are involved in the largest class-action suit ever
filed against a corporation. Although women make up over 65% of this
corporation's work force, only 10% of them are managers. The women who have
become store managers, make $16,400 a year LESS than the men. The
corporation took out nearly 350,000 life insurance policies on their
employees. They did not tell the employees and then named the corporation
as the beneficiary. They are now being sued by numerous employees, and
although the corporation has stopped this practice of purchasing what is
known as "Dead Peasant Policy's", a company spokesperson stated, "The
company feels it acted properly and legally in doing this."
They force employees to work after ordering them to punch out. In Texas
alone, this practice of "wage theft" is estimated to have cost employees $30
million per year. Wage theft or "off-the-clock" lawsuits are pending in 25
states. In New Mexico they paid $400,000.00 in one suit, and
in Colorado they had to pay $50 MILLION to settle one class-action case
brought against them. In Oregon, a jury found them guilty of locking
employees in the building and of forcing unpaid overtime.
With 4,400 stores, they practice "predatory pricing." They come into a
community and sell their goods at below cost until they drive local
businesses under. Once they have captured the market, the prices go up.
Locally owned and operated businesses put virtually all of their money back
into the community, which helps keep the local economies vibrant. This
corporation sucks the money out of the local community, decreases wages and
benefits, and ships the profits out of state.
This company doesn't buy locally or bank locally. They replace three decent
paying jobs in a community with two poorly paid "part-timers". In
Kirksville, Missouri ---when this company came to town, four clothing
stores, four grocery stores, a stationary store, a fabric store and a
lawn-and-garden store all went under. Eleven businesses are now gone.
The above information can be found in "Thieves in High Places", James
Hightower, The Penguin Group, New York, NY, 2003, p. 166 - 193.)
Now you know how they can claim, "Always low prices." WalMart is the largest
corporation in the world, larger than General Motors and ExxonMobil.
WalMart will reap over 250 billion in sales in 2003, which is larger than
the entire gross national product of Israel and Ireland combined. It has
over 1.3 million employees. It sells more groceries, jewelry, photo
processing, dog food, and vitamins than any other chain in the world.
WalMart is owned by the Walton family.
What every American and Canadian needs to know.
The owners of one of America's premiere retail corporations is
comprised of five of the ten richest people in the world, all from the
same family.
Their personal wealth eclipses $100 BILLION dollars. Last year
the company's CEO was paid a cool $11.5 million, more than the annual
salaries of 765 of his employees combined! The company's profits are over
$7
BILLION annually. In these difficult economic times; how do they do it?
This company runs ads featuring the United States flag and proclaims "We Buy
American". In 2001 they moved their worldwide purchasing headquarters to
China and are the largest importer of Chinese goods in the US, purchasing
over $10 BILLION of Chinese-made products annually---
products made mostly by women and children working in the labor hell-holes
China is famous for. Their average employee working in the US makes $15,000
a year,$7.22 per hour! These employees gross under $11,000 a year.
The company brags that 70% of their employees are full time, but fails to
disclose that they count anyone working 28 hours a week or more as full
time. WalMart refuses to stock emergency contraception at its pharmacies.
There are no health care benefits for employees unless you have
worked for the company for two years. With a turnover rate averaging above
50% per year, only 38% of their 1.3 million employees have health care
coverage.
In California alone it's estimated that the taxpayers pay over $20 million
annually to subsidize health care benefits for these employees who get none
from this behemoth corporation. According to a report by PBS's "Now" with
Bill Moyer, their managers are trained in what government
social programs are available for these "employees" to take advantage of, so
that
the company can pass on those costs to you and me. It allows them to not
only keep their $7 BILLION in annual profits, but to do so by substituting
benefits they refuse to provide with benefits paid for with taxpayer
dollars. This company holds the record for the most suits filed against
it by the Equal Employment Opportunity Commission.
A lawyer from "Business Week" (not exactly the bastion for supporting Labor)
said, "I have never seen this kind of blatant disregard for the law." They
had to pay $750,000.00 in Arizona for blatant
discrimination against the disabled! The judge was so incensed that he also
ordered them to run commercials admitting their guilt.
The National Labor Relations Board has issued over 40 formal complaints
against the corporation in 25 different states in just the past five years.
The NLRB's top lawyer believed that their labor
violations, such as illegal spying on employees, fraudulent record keeping,
falsifying time cards to avoid paying overtime, threats, illegal firings for
union organizing etc., were so widespread that he was looking into filing a
very rare national complaint against the company. (The company contributed
$2,159,330.00 to GW Bush and the GOP in 2000 and 2002. The NLRB attorney
was replaced when President Bush took office.).
Nearly 1 MILLION women are involved in the largest class-action suit ever
filed against a corporation. Although women make up over 65% of this
corporation's work force, only 10% of them are managers. The women who have
become store managers, make $16,400 a year LESS than the men. The
corporation took out nearly 350,000 life insurance policies on their
employees. They did not tell the employees and then named the corporation
as the beneficiary. They are now being sued by numerous employees, and
although the corporation has stopped this practice of purchasing what is
known as "Dead Peasant Policy's", a company spokesperson stated, "The
company feels it acted properly and legally in doing this."
They force employees to work after ordering them to punch out. In Texas
alone, this practice of "wage theft" is estimated to have cost employees $30
million per year. Wage theft or "off-the-clock" lawsuits are pending in 25
states. In New Mexico they paid $400,000.00 in one suit, and
in Colorado they had to pay $50 MILLION to settle one class-action case
brought against them. In Oregon, a jury found them guilty of locking
employees in the building and of forcing unpaid overtime.
With 4,400 stores, they practice "predatory pricing." They come into a
community and sell their goods at below cost until they drive local
businesses under. Once they have captured the market, the prices go up.
Locally owned and operated businesses put virtually all of their money back
into the community, which helps keep the local economies vibrant. This
corporation sucks the money out of the local community, decreases wages and
benefits, and ships the profits out of state.
This company doesn't buy locally or bank locally. They replace three decent
paying jobs in a community with two poorly paid "part-timers". In
Kirksville, Missouri ---when this company came to town, four clothing
stores, four grocery stores, a stationary store, a fabric store and a
lawn-and-garden store all went under. Eleven businesses are now gone.
The above information can be found in "Thieves in High Places", James
Hightower, The Penguin Group, New York, NY, 2003, p. 166 - 193.)
Now you know how they can claim, "Always low prices." WalMart is the largest
corporation in the world, larger than General Motors and ExxonMobil.
WalMart will reap over 250 billion in sales in 2003, which is larger than
the entire gross national product of Israel and Ireland combined. It has
over 1.3 million employees. It sells more groceries, jewelry, photo
processing, dog food, and vitamins than any other chain in the world.
WalMart is owned by the Walton family.
IwouldSlamU
New member
ChewYxRage said:
i understand what you are saying, but you can over do anything. people love walmart because of the low prices.
I sometimes go there, but i hate it, and i go to probally the nicest walmart in america, its in North scottsdale....but some how it seems to have the shittist people there. there cliet-tel sucks. TARGET IS BETTER, A MOM AND POP STORE IS THE BEST.
i dont dislike watmart for being sucessful, i dislike them for there legal but unethical practices, heres how it works. You go into mostly small rural towns, and when you have the buying power of 5k+ stores, guess what mom and pop can not even fairly compate. walmart gets like level 8 corprate buy-ins they pay lower than wholesale
sorry about the spelling errors
string_bean00
New member
Wal-Marts are the most depressing and sad stores ever.
PBR
New member
there arent too many left...glad i never went into retail....no way to compete....my city has one OUTLET MALL after the other, it takes collective Masses to make a difference....Home Depot has 4 stores within a 10 mile radiance....they put one right next to another one about 2mi away just to keep LOWES out....no such luck...Lowes wound up down the street from them....EnderJE said:
IwouldSlamU
New member
EnderJE said:
i try but its a little hard, when i buy my vitmans,protien I go to a local guy. resturants i allways stay away from chains. food i try to go to sprouts(chain but not as big as safeway) clothes, you have to go to a big company.
walmart is very good at what they do, i just wish they would tread a little lighter, they are allready 1# i would like to see them be a better role model for big bussiness
Thanks for ballpark. But, if you have healthcare for both and subsidized services for both (ala Canada), then you can expect the income to drop by half for taxes. Put on mortgage and you drop a little more.PERFECTWORLD said:we should only take what we need...but thats just my opinion
This leaves the family of two with about 30+k left. Put on water, gas, and other utilities and the 30 is now 10k.
Now we can start with food and other incidentals and you've got about 1k left.
Not too much. Especially if inflation raises their head.
I'm not trying to bust your balls with this example. But, I'm just stating that I don't think that its enough.
I'm thinking that 140k for a family of two (and expecting children) is a little under enough. Sounds alot? Take away taxes, mortage, utilities, and what have you got?
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