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Watching Wal-Mart at Midnight(bread line of 21 century?)
WSJ ^ | 09/20/10

Posted on 09/23/2010 8:55:21 AM PDT by TigerLikesRooster

* September 20, 2010, 6:45 PM ET

Watching Wal-Mart at Midnight

This comment from Wal-Mart Stores Inc. has been making the rounds on blogs and newswires the past few days. It says it all about the state of the tepid U.S. recovery. The Journal’s Al Lewis wrote about it yesterday.

Bill Simon, CEO of Wal-Mart’s U.S. business, at a Goldman Sachs conference last week, on behavior at a Walmart store around midnight at the end of a month:

“The paycheck cycle we’ve talked about before remains extreme. It is our responsibility to figure out how to sell in that environment, adjusting pack sizes, large pack at sizes the beginning of the month, small pack sizes at the end of the month. And to figure out how to deal with what is an ever-increasing amount of transactions being paid for with government assistance.

“And you need not go further than one of our stores on midnight at the end of the month. And it’s real interesting to watch, about 11 p.m., customers start to come in and shop, fill their grocery basket with basic items, baby formula, milk, bread, eggs,and continue to shop and mill about the store until midnight, when electronic — government electronic benefits cards get activated and then the checkout starts and occurs. And our sales for those first few hours on the first of the month are substantially and significantly higher.

(Excerpt) Read more at blogs.wsj.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: bloggers; breadline; recession; walmart
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To: OCCASparky
"Also, if kidnappers aren’t going to Walmart, they’re missing a fish-in-a-barrel situation." WHY? Chances are, the "parents" would either not care nor would they notice, and even if they did, how does one pay ransom in food stamps?

I guess they'll pay with their illegal wages from their illegal jobs, tax free, you know.

41 posted on 09/23/2010 11:36:39 AM PDT by Feline_AIDS (A gun in hand is better than a cop on the phone.)
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To: Mind-numbed Robot

OOPS!


42 posted on 09/23/2010 11:37:39 AM PDT by Kartographer (".. we mutually pledge to each other our lives, our fortunes, and our sacred honor.")
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To: Gaffer

My husband was behind an ebt queen the other day at Walmart. Watched her walk out to a big SUV with actual shelves built into it for her bounty.

He said, “she paid nothing and filled those shelves. I paid 30 dollars out of my own wages and I had 3 little plastic bags”

LOL


43 posted on 09/23/2010 11:38:11 AM PDT by dforest
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To: indylindy

It is going to be an interesting and frightful sight to see how these people and the other 40-50% of the American public (who don’t pay federal taxes and many who don’t work at all) react when they finally are affected by the economic collapse that will ensue IF we do not reclaim, at the minimum, a majority in the House (preferably both houses).


44 posted on 09/23/2010 11:45:38 AM PDT by Gaffer ("Profiling: The only profile I need is a chalk outline around their dead ass!")
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To: Gaffer

It may be interesting but it will probably be deadly.


45 posted on 09/23/2010 11:47:51 AM PDT by dforest
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To: OCCASparky

RE: “Also, if kidnappers aren’t going to Walmart, they’re missing a fish-in-a-barrel situation.”

...and...

“WHY? Chances are, the “parents” would either not care nor would they notice, and even if they did, how does one pay ransom in food stamps?”

****************************

AGREE with you! Why on earth would any kidnapper want a welfare kid? Too much trouble and no reward! Best to try Saks Fifth Ave. during normal hours when someone with a few bucks might have a kid or two in tow — but wait, the ‘rich’ are cutting way back whether they need to or not — even Beverly Hills has a Tea Party!!! They have had ENOUGH!

I don’t live in BH but am attending their ‘party’ along Santa Monica Blvd. at Beverly Drive this Sunday at 2 p.m. — Pat Boone and other celebs will be there — should be a great time!!! Signs welcome but not on ‘sticks’ - BH cops will confiscate sticks.


46 posted on 09/23/2010 11:50:02 AM PDT by CaliforniaCon
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To: indylindy

RE: “.... I paid 30 dollars out of my own wages and I had 3 little plastic bags”

********************

...and you KNOW you’re almost a criminal for using those plastic bags that the ‘left’ so loves to hate, don’t you? ;)


47 posted on 09/23/2010 11:55:21 AM PDT by CaliforniaCon
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To: Chickensoup
Perhaps they are out at midnight because they don’t have anywhere to be the next morning and they usually get up at noon.

On the Social Security 800 number, that's when the SSI calls start coming in quantity. Before 12 it's calls from RSI folks who worked to pay for the SSIers. It's particulary funny when some SSI type asks you how much they "earn". As with everything, there are exceptions to the deadbeat rules. (PS. I'm not a call center person. Hear a lot of stories.)

48 posted on 09/23/2010 11:55:43 AM PDT by Stentor ( "All cults of personality begin as high drama and end as low comedy.")
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To: pfflier
84.6% of statistics are made up on the spot.

74.8% of people believe that. ;-P

49 posted on 09/23/2010 12:00:22 PM PDT by MortMan (Obama's response to the Gulf oil spill: a four-putt.)
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To: CaliforniaCon

Yeah, everything about us sucks. LOL


50 posted on 09/23/2010 12:00:35 PM PDT by dforest
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To: CaliforniaCon

I think that will deserve a LIVE THREAD here on FR!


51 posted on 09/23/2010 12:07:44 PM PDT by bonfire (ou)
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To: BubbaJunebug
I come from redneck stock that goes way, way back and I can cotton to many, many a quirky personna with a good natured giggle. However, I visited the web page you provided, and frankly, I am disheartened to my very core, I tell you. I only got through FIFTEEN pages of these pictures (2 or three a time). THERE ARE 426 PAGES!.

My aunt Annabelle used to say 'There ain't no tellin'. In this case I am speechless, and will likely have nightmares about the future of this country.

52 posted on 09/23/2010 12:11:28 PM PDT by Gaffer ("Profiling: The only profile I need is a chalk outline around their dead ass!")
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To: Gaffer

You know the scary thing is (being from GA)...is where a very large porton of these people are from...look at the locations and you will find California as one of the top states that pop up.


53 posted on 09/23/2010 12:48:38 PM PDT by BubbaJunebug
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To: nodumbblonde

Well, they don’t teach basic nutrition in home economics in high school any more, if they teach home economics at all. Gets in the way of LGBT awareness and such.


54 posted on 09/23/2010 12:48:51 PM PDT by FreedomPoster (No Representation without Taxation!)
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To: Newtoidaho
Chaos would occur within a very short period of time.

About 6 meals I figure, 48 to 60 hours after the LINK (ebt) cards stop working.

55 posted on 09/23/2010 12:53:51 PM PDT by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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To: FreedomPoster
What happened to mothers teaching their daughters to cook good, nutritious meals instead of expecting the school to do it? lol
56 posted on 09/23/2010 1:19:53 PM PDT by nodumbblonde ("The ladder of success is best climbed by stepping on the rungs of opportunity." - Ayn Rand)
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To: TigerLikesRooster
Here's what Walmart could do that would help everyone get the size package they need ( take hamburger as an example)

Have pre-measured patties in packages of one, two, four, and six. You want a small serving for eight? But two ‘fours’. Want servings for five people? Buy a four and a one... Same with ham, steak, ribs, vegetables etc.

The elderly seldom need 8 chicken legs or 10 hot dogs... Younger poorer families would like some variety - not forced to eat so much of the same because of package size. Only Walmart knows how to do this right...

57 posted on 09/23/2010 1:22:35 PM PDT by GOPJ (http://www.freerepublic.com/focus/f-bloggers/2589165/posts)
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To: nodumbblonde

RE: “What happened to mothers teaching their daughters to cook good, nutritious meals instead of expecting the school to do it? lol”

*************

I have a teacher friend here in Los Angeles — he’s a permanent ‘sub’ in the ghetto/barrio areas, where teachers are so burned out there’s a need for many subs every day.

Anyhow, he says not only do the elementary kids get free lunch, but they get breakfast, too! Then..when school is out, he sees the parents(?) taking the kids to the nearby fast food joints for more ‘food.’ And most of the parents/kids are quite overweight as it is!

Free breakfast and lunch — our tax dollars at work!


58 posted on 09/23/2010 1:48:52 PM PDT by CaliforniaCon
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To: nodumbblonde

That, too. Though in too many cases these people came from elders like themselves.


59 posted on 09/23/2010 1:58:44 PM PDT by FreedomPoster (No Representation without Taxation!)
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To: CaliforniaCon

I feel for your friend. I can’t begin to imagine what he must see and go through every day. :(

They’ve started providing free lunches during the summer for any “child” 18 or under, too. Their numbers have never seemed to dwindle so I can only assume no one was starving under the previous “fix yer own friggin’ kid’s lunch with the food stamps we’re already giving you” system.

Funny how Mama can navigate Facebook, knows what every Kardashian sister is up to and figure out how to get the most bennies possible but is stymied by a simple meatloaf recipe!


60 posted on 09/23/2010 2:14:04 PM PDT by nodumbblonde ("The ladder of success is best climbed by stepping on the rungs of opportunity." - Ayn Rand)
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