Posted on 02/09/2006 6:54:40 AM PST by Extremely Extreme Extremist
Gee, this couldn't be because Citigroup is one of her largest contributors...?
Just wait until WalMart starts releasing all of its board minutes and memos from Hillary's time on the board..
If it was any other company than Wal-Mart this wouldn't be news and said company would have the ILC up and running already.
Clinton and the Dems are going to demonize Walmart in the upcoming elections.
WalMart will probably do to banking what it did to retail. Outsource IT and accounting to China or India and slash prices of credit cards and loans.
I'm all for it!
"She's obviously afraid that WalMart will force all the "Mom and Pop" banks out of business."
Nice
I hope Wal-Mart succeeds.
That's odd, she didn't have any reservations about taking sweetheart loans from a Savings and Loan that went bankrupt - at taxpayers' expense.
NAR is fighting banks wanting to sell real estate. Just can't see Wal Mart selling real estate.
I don't have anything against Walmart, but I do have something against unregulated banks. The savings and loan debacle cost us a large fortune. If the Federal government is going to insure bank deposits, it should have the right to see what the bank is doing.
You bet Walmart knows they are getting ripped off by the card processors. Their 2003 settlement victory helped prove it:
"Interchange fees came under fire in 2003 when Wal-Mart settled with the card companies for $3 billion dollars. As part of the settlement, the retailer won the right not to accept certain high fee debit cards, which are generally favored by banks because they bring in high revenues. Card companies argue that the high-fee premium cards are good for merchants since they attract bigger spenders."
http://www.inc.com/criticalnews/articles/200506/econ.html
Dear Mrs. Clinton:
If people don't want to do their banking with a certain bank, they can CHOOSE to go to another bank.
This is similar to people CHOOSING to shop at Wal-Mart. It's not Wal-Mart that puts Mom & Pop shops out of business--it's the locals that choose to steward God's money properly.
Sheesh, I'm so tired of this bashing Wal-Mart business. It makes me support them with my $$$ even more.
This from a woman that made one hundred thousand dollars on a one thousand dollar investment in the commodities market! What loop hole did she use for that, and has she invested in commodities since? if there were any loop holes where the Clinton's could fatten their purse, the carpetbagger and Slick used it.
"Senator Clinton urges caution on Wal-Mart bank bid"
Translation? "Wal-Mart hasn't greased Senator Clinton yet."
Ping.
Target and other retailors already do their own "banking" in regards to credit and debit transactions.
I read another article that stated that the FDIC had received more than 15,000 letters protesting Wal-Mart's application, usually they only get 5 or 6.
Couldn't be a union organized campaign against Wal-Mart could it? Nah, they wouldn't do that would they?
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