Posted on 04/05/2005 3:58:49 PM PDT by The Great Yazoo
ROGERS, Ark. -- Wal-Mart is "good for America" and the barrage of criticism against the company is an effort to protect the status quo in retailing, President and CEO Lee Scott said Tuesday in a sharp attack on organized labor and retail rivals.
Addressing about 50 journalists gathered at the company's media conference -- it first ever media event – Mr. Scott defended its wages and health care plans, criticized by labor groups as inadequate, and said that the company is able to save customers big money as it drives costs out of its system.
"Innovation and competition tends to change the status quo," said Mr. Scott, speaking at a hotel in Rogers, a few miles from Wal-Mart Stores Inc.'s Bentonville headquarters.
(Excerpt) Read more at online.wsj.com ...
My how things have changed, and only us older folks get the connection that buying the products of nations that mean you harm only strengthen them and weakens you. This younger generation is going to have to relearn that lesson the hard way, since they will not listen to those that still remember it.
Well, if you're gonna start insults...
My IQ??
It's spelled minimum not "minium" (and ya did it TWICE)...
It's spelled involved not "invovled"...
Asia is capitalized.
School's out now for the day....
You have some real problems with that spelling thing, huh, jpsb!? Does "jpsb" stand for "Just Pissed-away my Spelling Bee??"
Agreed. After reading most of the comments on this thread I fear for this country. I really do. Most have no clue as to what is store for America with our One Way industry exporting, "let's share our wealth and technology with the rest of the world so we can have cheaper products today" trade deals. All very short-term thinking.
The government sanctioned arbitrage of labor AND (now) technology with future enemies will bite us in the you know what very soon. But hey, don't worry, just enjoy those everyday low prices at Wally Mart and live for today!
The text of encyclical is VERY short. It states the position clearly and condemns the socialism(communism)and liberalism (free market capitalism). Tell me if this XIXc encyclical is not conservative (this would be interesting to claim that XIXc popes were not conservative), or where does it err.
Do not chicken out, it will take you couple minutes to read, and answer please.
Hehe. I have a new tag line!
While the other 80% toiled day and night to scrape by.
Those were the good days.. when one paycheck took care of family needs nicely, queers were queer, bastards and divorce were rare, public schools educated, speech was free, music was music ....
Where did you learn your American history, PC gubmint schools? You sound like a red diaper baby.
Let me make it less personal.
So says the Chinese spies who illegally sold U.S. technology to China...so what does that make you, who echo their line?
Quote: It is those who would restrict Wal-Mart's rights to purchase goods on the most advantageous terms and those who would restrict Wal-Mart's customers' rights to purchase goods on the most advantageous terms who pose the threat to American freedom. Not me.
Yuo can also read yuor paragraph this way:
It is those who would restrict Iran's rights to purchase nuclear weapons on the most advantageous terms and those who would restrict Iran's terrorost rights to purchase WMD on the most advantageous terms who pose the threat to Iran's freedom. Not me
I have nothing against walmart, just that they buy the majority of their goods from china which propes up a communist regime.
Nice try. But TVs and DVDs are quite philosophically distinct from WMDs. If you don't understand the distinction, I can't help you.
Wal-Mart's policy of collecting death benefits on their employees tells me all I need to know about this odious company.
Quote:Wal-Mart has done more to help the poor than the Catholic Church and the Salvation Army
I was tired last night when I read this and thought it was stupid. After reafding it again this morning I just came to the conclusion this is one of the most assinine comments I have ever read on this site.
Lech Walensva(sic) said that before the Pope visited Poland the solidarity movement was going nowhere and was ragtag and was actually folding. He said the Pope rallied the people and that is what got the solidarity movment going. He said without the Popes visit the crushing of the comunist would NOT have happened. It was the key factor.
Also I'm Catholic and I know what my local church does for the poor. Walmart could not hold a candle.
It's good enough for the peons.
We are well on our way to becoming a South American society ... ruling class, minimal middle class .... and the great unwashed.
Wow. That's right up there with the Wal-Mart/Catholic church post for the most jaw-dropping of the thread.
Quote: We are well on our way to becoming a South American society ... ruling class, minimal middle class .... and the great unwashed.
I agree 100% I have been selling employee benefits for the last 25 years to both white and blue collar companies. I have never seen such a disparity among wages. The top eschelon(top 5-10% of the company) wages have syrocketed but everyone elses have been stagnet or have been going down. I recived a wage list of employees several weeks back from a company whose account I've had for 10 years. The wages are the same as 10 years ago. One day there will be a minimal middle class in this country.
USA Today last week showed the wages of the top ceo's. They went up on average 33% in one year while the workers at the same companies went up on average 2.5%
Nice try yourself. Can you prove that China is NOT heavily aided and abetted in their WMD proliferation practice by your actions, and WalMarts' in propping up their system? How much do you think their military is taking out of every U.S. dollar spent on their export surplus to the U.S.?
I advise you to read this Congressional testimony first before you answer.
Huh, you missed the point. I said "afford" a high standard of living, not "paid" to a high standard of living.
Millions of poor people get more stuff for the little money they have by shopping at WalMart. In your world, you would make all the poor pay double, just so a few employees could make an extra buck an hour.
Corporate executive greed is a monumental scandal that is not just ignored, not just minimized, but enthusiastically cheered on by many on this forum.
For them Christ's admonition about the rich man and the eye of the needle has been replaced by "He who dies with the most toys, wins".
Irony of ironies, we single mindedly combated atheistic, materialistic communism for half a century only to replace that mission with an equally single minded determination to become the most materialistic nation the world has ever known.
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