Skip to comments.Wal-Mart chairman gives $1 million to Obama super PAC [What the *HELL*?]
Posted on 10/22/2012 12:02:19 PM PDT by SoFloFreeper
The super PAC backing President Obama raised $15 million last month, including $1 million from Sam Walton, the chairman of Wal-Mart, a traditional Republican-leaning organization.
...The overlap between campaign fundraisers and donors to the purportedly independent super PAC help illuminate the increasingly blurred line between the two types of organizations. The Supreme Court gave super PACs the green light in 2010 when it reasoned that because super PACs were supposed to be entirely separate from politicians, super PACs could not be corrupting to those politicians even if they received millions of dollars.
148 people have given $10,000 or more to the super PAC, with 19 giving $1 million or more.
(Excerpt) Read more at washingtontimes.com ...
My best guesses:
1. Obamugabe is a pansy when it comes to standing up against China, and China is a big source of inventory for Wal-Mart. If Obamugabe played tough with China, China might "punish" Wal-Mart by slowing down their product distribution.
2. Obamugabe hates capitalism, but most of his hatred, for now, is targeted toward SMALL businesses...and Wal-Mart is likely big enough and rich enough to weather four more years. Besides, if small businesses in America are strangled to death by Obamugabe, Wal-Mart can more easily get a bigger share of the market.
Walmart loves Obamacare.
Now THERE is a great reason to not shop @ Walmart. Really have backed off from there anyway.
No more trips to Wallyworld for me!
Because Zero’s policies have been very good for Wallyworld. More people having to down grade makes sales go up. The answer is to stop spending your money with corps that are aligned against you.
The more people on food stamps the better for Walmart
Wal-Mart is hedging it’s bets.
If Obama wins, they will be looking for favors (crony capitalism) especially in regard to healthcare.
A small favor in that regard would more than offset the contribution.
Bye bye WallyMart.
That was the last straw.
Thankfully, we do have alternatives in my neck O’the woods.
My guess? Urkel promised no further runs at Walmart to unionize employees.
Something funny here, IMO.
Sam Walton was the founder of Wal-Mart & he died many years ago.
Unless there is a “Sam” Jr, someone is playing games. I know there were a couple of daughters.
PAC’S are not required to disclose their donor’s identities, IIRC.
Is someone playing a trick on Conservtives?
Doing that would kill me financially. I’m hooked - I gotta admit.
This million dollars might be some sort of bargain to keep the Obama administration from suing them again if they only donate some money.
Companies never put all of their eggs in one basket. Not the smart ones.
Payoff to keep Union bullies off their back.
ugh.. i can't think of any alternatives for me... this really stinks! our Walmart just became one of those super Walmarts with all the groceries, and i was loving the prices... just damn...
'E's a stiff! Bereft of life, 'e rests in peace! If you hadn't nailed 'im to the perch 'e'd be pushing up the daisies!
'Is metabolic processes are now 'istory! 'E's off the twig!
'E's kicked the bucket, 'e's shuffled off 'is mortal coil, run down the curtain and joined the bleedin' choir invisibile!!
THIS IS AN EX-CHAIRMAN!!
Empty chair supports empty chair.
Sam (Bob) Walton
#2 is probably the main thing. Walmart’s game plan is to drive their competition out of business by offering great deals until the competition goes out of business and then charge whatever they want beyond that point. It doesn’t work like that where the competition is large enough to use the same game, but it does work in driving out the small businesses.
And right now the Obama regime is creating so many requirements, regulations, taxes, etc, that only the biggest fish can survive. The overhead is way too much for the small fish to handle. He’s doing this with manufacturing, farming, etc.
Only thing is, you’d think Walton would be smart enough to realize that the government interest is the ability to control. It’s a lot easier to control/take over the ones who can be deemed “too large to fail”. Sure, the communists will first drive out the little fish, but when there are just 2 big fish left, we all should realize that the government will take over the big fish and have control of EVERYTHING. And that ought to scare the heck out of somebody like Sam Walton.
WalMart loves the EBT program.
Wal-Mart must be expanding to/in Islamic countries.
ObamaCare. No more full time workers. Same with Darden that also supported Obama. Same with AARP.
Now watch and enjoy as you are limited in how often you can see a doctor.
Time to Boycott Walmart.
Got to go to Target.
Wal-Mart has their ass hanging out in China..
The Commies(Obama and China) may have given Sam Walton a message leading from behind..
You know...... an offer that he cannot turn down.. a gift that keeps on TAKING...
Checked the Walmart website here
http://corporate.walmart.com/our-story/leadership/executive-management and here
and neither lists a Sam Walton as part of their executive management team or their board of directors.
Walmart sales are dependent on people on the dole
Well, that and the fact that Obama loves China, and most of Walmart’s stuff is made there.
I agree. Wal-Mart is complicit in creating and retaining the dependency classes of people. As long as poverty and welfare dependence are high, Wal-Mart will thrive.
Samuel Robson “Rob” Walton (born October 28, 1944) is the eldest son of Helen Walton and Sam Walton, founder of Wal-Mart, the world’s largest retailer. He is currently (as of 2012) chairman of the worldwide company. According to Forbes, his net worth was $21 billion as of 9 March 2011.
Walton attended The College of Wooster and graduated from the University of Arkansas in 1966 with a bachelor of science degree in business administration. He received a juris doctor degree in 1969 from the Columbia University School of Law in New York City. Walton is also a trustee at The College of Wooster.
After graduation Walton became a member of the law firm which represented Wal-Mart; Conner and Winters in Tulsa, Oklahoma. In 1978 he left Tulsa to join Wal-Mart as a senior vice president and in 1982 he was appointed vice chairman.
He was named chairman of the board of directors of Wal-Mart on April 7, 1992, two days after his father’s death, and still maintains that title.
I also thought that walmart had an exemption to obamacare supposedly over 700 big companies do.
China, Obamacare and a bad Economy=lots of Walmart money
Huh? Sam Walton died in 1992!
Hillary Clinton served on the Wal-Mart board of directors from 1986 to 1992.
Target is a big supporter of same sex “marriage”.
Your best bet is to curtail your overall level of consumption across the board, especially with large corporations that care for nothing but the almighty dollar.
Rob Walton is the Chairman of the Board now.
Thanks for the info.
It's S.(Samuel) Robeson (”Rob”) Walton, Sam's son, who is now chairman of WalMart. And, as others have said, it's just one more reason for me to avoid shopping there.
Reverse Chik-fil-A on Walmart.
I stopped going there anyway- everything I bnought there was CRAP
My phiosophy has always been to pay the extra money abd buy somethign good
Silly to pee away a million dollars, I guess if you’re a billionaire you run out of things to spend money on. Maybe I can buy a president for a million dollars....
If people who cared enough to vote with their dollars boycotted Walmart, I doubt that they would notice. I don’t think enough people give a damn.
Rahm Emanuel might have a change of heart in letting them in Chicago?
Sam Walton died in 1992.
In a word: CHINA
Remember, those ‘exemptions’ are good only for a year, on a year-to-year basis.
Pay up, or we might not grant that waiver again.................
You are most welcome.
I can’t help but wonder what the father would say today?
See post 32
Over time, THIS IS going to cost Sam Walton tens of millions.
Samson needs a haircut..............