Some facts on Walmart
a republican friend who reads my blog told me the other night he thought i was a 'liberal'. now i dont have any problem with this label, accept it probably doesnt apply. i'm a g-d damned independent. as i've said, neither party represents many of my views or interests.
when i asked him how he could be supportive of a government that fosters evil corporations like Walmart he took a offense. he actually tried defending them but we both realized we lacked any good facts to back up our opinions. when i told him the limited facts i did know, he said he doubted they were true but admitted that if there were, maybe my views had some merit.
i'll add to this that over thanksgiving i got into the same debate with my sister who is an ethics prof. of course, being my sister, she argued vehemently against me until we realized that we agreed on our basic principles - that a corporation should only be held to two standards. those are the law and the market. i believe Walmart is failing at on the legal front and that the market will soon catch up. the stock is probably a good short in the near future. under so much scrutiny the company will have to end its highly profitable practices of driving down labor costs and avoiding medical costs.
anyway, here are some facts i gathered from the site of the Walmart movie. now before you yell at me about presenting 'one sided' facts (??), i will provide a link here and you will be able to see the complete sources behind all of these which are incredibly well documented.
$30,000 UNDERCOVER SPY VAN per store
$100,000 24 hour ANTI-UNION HOTLINE
$7,000,000 Rapid response team with CORPORATE JET
In Texas it is estimated that Walmart cheated workers out of up to $150 million in unpaid wages
Wal-Mart Managers delete time from workers' timecards
Average Wal-Mart Hourly Sales Employee Wages - $13,861 Wal-Mart is paying eleven million dollars to settle Federal
allegations it used illegal immigrants to clean its stores. WAL-MART SUBSIDY NATIONWIDE: $1.008 BILLION (from cities) Currently in the U.S. there are
26,699,678 SQUARE FEET of empty WAL-MARTS 2001: EPA orders WAL-MART to pay $1.0
MILLION fine for Clean Water Violations in: TEXAS, OKLAHOMA AND
MASSACHUSETTS 2004: WAL-MART fined $3.1 MILLION by
EPA, the largest ever for a retailer, for Clean Water Act violations in TEXAS,
COLORADO, CALIFORNIA, DELAWARE, MICHIGAN, SOUTH DAKOTA, NEW JERSEY, TENNESSEE
and UTAH WAL-MART Imported $18 BILLION from
CHINA in 2004 The WALTON FAMILY Has Given LESS THAN 1% of Their Wealth to
Charity In 2004, WAL-MART Employees gave OVER $5 MILLION to help fellow
workers The Walton Family gave $6,000 The WALTON FAMILY received a federal tax cut of: $91,500.00 per HOUR
in the 2004 tax year 69 incidents of robbery, rape and
murder in Walmart parking lots in first 7 months of 2005 131 communities have voted Walmarts
out
Federal Poverty Level Family of Four - $17,650
Bill Gates has given 58%
November 26, 2005 in revolution of the ants, walmart | Permalink | Comments (6) | TrackBack



