Author Topic: If you thought that you knew what kind of company Walmart is  (Read 4873 times)

Offline Urchin

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Re: If you thought that you knew what kind of company Walmart is
« Reply #135 on: March 30, 2008, 12:46:03 PM »
Well, big business does own a fair amount more of the government than the unions do.

Offline SteveBailey

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Re: If you thought that you knew what kind of company Walmart is
« Reply #136 on: March 30, 2008, 01:37:33 PM »
I'm curious Steve - what do you do for a living?

I own a couple of small, humble businesses, I flip property when the market is right, and I am a neophyte investor in the market.

Offline Holden McGroin

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Re: If you thought that you knew what kind of company Walmart is
« Reply #137 on: March 30, 2008, 01:49:11 PM »
Well, big business does own a fair amount more of the government than the unions do.

Typical Big Business owners:


Bastiges.

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Offline Urchin

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Re: If you thought that you knew what kind of company Walmart is
« Reply #138 on: March 30, 2008, 02:00:59 PM »
Typical Big Business owners:
(Image removed from quote.)

Bastiges.



Looks like thats a picture of some retired school teachers to me.

Offline Holden McGroin

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Re: If you thought that you knew what kind of company Walmart is
« Reply #139 on: March 30, 2008, 02:04:28 PM »
Looks like thats a picture of some retired school teachers to me.

Looks like it to me too.  Wonder what their retirement funds are invested in?
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Offline Urchin

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Re: If you thought that you knew what kind of company Walmart is
« Reply #140 on: March 30, 2008, 02:29:35 PM »
Big difference between a schoolteacher who owns 2 shares of MegaCorp (TM) via her 401k, and the CEO of MegaCorp who 'earns' 40 million a year when the company is losing money hand over fist.  One is 'big business'... the other is not.

Offline FrodeMk3

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Re: If you thought that you knew what kind of company Walmart is
« Reply #141 on: March 30, 2008, 06:19:45 PM »
Big difference between a schoolteacher who owns 2 shares of MegaCorp (TM) via her 401k, and the CEO of MegaCorp who 'earns' 40 million a year when the company is losing money hand over fist.  One is 'big business'... the other is not.

To add, potentially losing the retirement 401k of the people in the picture in the process. Good point, Urchin.

Offline Holden McGroin

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Re: If you thought that you knew what kind of company Walmart is
« Reply #142 on: March 30, 2008, 06:44:00 PM »
CEOs are responsible to shareholders.

as of Jan, 2006 the SEC requires executives to tell shareholders about stock options and retirement packages, an declare a value of perks.

Shareholders vote to elect CEOs ans Board members.

When secret pension bennies for the CEO came out for Delta, the workforce revolted and the CEO was forced to resign.
« Last Edit: March 30, 2008, 06:45:34 PM by Holden McGroin »
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Offline snowey

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Re: If you thought that you knew what kind of company Walmart is
« Reply #143 on: March 30, 2008, 08:08:32 PM »
my dad refers to the sams and walmart as the evil empire and he refuses to shop with them because they refuse to pay for damage to damaged car parts mainly headlight becasuse of wind and shoping carts they were blowing out of the holders and they refused unlike everyone else who accepted it but most places clead out the shoping carts a few times a day
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Offline SD67

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Re: If you thought that you knew what kind of company Walmart is
« Reply #144 on: March 30, 2008, 08:33:40 PM »
I own a couple of small, humble businesses, I flip property when the market is right, and I am a neophyte investor in the market.
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Offline Urchin

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Re: If you thought that you knew what kind of company Walmart is
« Reply #145 on: March 30, 2008, 08:44:31 PM »
my dad refers to the sams and walmart as the evil empire and he refuses to shop with them because they refuse to pay for damage to damaged car parts mainly headlight becasuse of wind and shoping carts they were blowing out of the holders and they refused unlike everyone else who accepted it but most places clead out the shoping carts a few times a day

Snowey, most (if not all) stores refuse to accept liability for damage to cars in their parking lots.  I wouldn't single out Walmart and call them an evil empire just for that.

Offline bj229r

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Re: If you thought that you knew what kind of company Walmart is
« Reply #146 on: March 30, 2008, 09:01:51 PM »
Snowey, most (if not all) stores refuse to accept liability for damage to cars in their parking lots.  I wouldn't single out Walmart and call them an evil empire just for that.
For most folks its enough that they are non-union
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Offline ghi

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Re: If you thought that you knew what kind of company Walmart is
« Reply #147 on: March 30, 2008, 11:23:47 PM »
Wall Mart is the largest employer in over 20 states ,paying average 7.50$/hour ( 2 gal of gas), no beneffits  ,with  huge distribution centers ,its own transportation network, is like a metastatic cancer ,draining last blood from a collapsing economy and middle class, outsourcing jobs in Asia ; brings poverty and unemployment  here.
 This administration is about to destroy in 8 years  a great country built in 500 years;war in Iraq, encouraging illegal immigration ,oustourcing everything :manufacturing, military contracts from taxpayers money , i seen on CNN the printing contract for American Passport was given to a Dutch company wich is going to make them Thailand.
But anyway, it's maybe too late to change something, in many economic prognosis the  collapse of the stock market and $  it's a matter of  months not years.

Offline MiloMorai

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Re: If you thought that you knew what kind of company Walmart is
« Reply #148 on: March 31, 2008, 12:30:24 AM »
Quote
This administration is about to destroy in 8 years a great country built in 500 years

Who voted them into office? :rolleyes:

Offline bj229r

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Re: If you thought that you knew what kind of company Walmart is
« Reply #149 on: March 31, 2008, 06:32:10 AM »
Wall Mart is the largest employer in over 20 states ,paying average 7.50$/hour ( 2 gal of gas), no beneffits  ,with  huge distribution centers ,its own transportation network, is like a metastatic cancer ,draining last blood from a collapsing economy and middle class, outsourcing jobs in Asia ; brings poverty and unemployment  here.
 This administration is about to destroy in 8 years  a great country built in 500 years;war in Iraq, encouraging illegal immigration ,oustourcing everything :manufacturing, military contracts from taxpayers money , i seen on CNN the printing contract for American Passport was given to a Dutch company wich is going to make them Thailand.
But anyway, it's maybe too late to change something, in many economic prognosis the  collapse of the stock market and $  it's a matter of  months not years.
As has been stated before, if you have no skills other than dragging Chinese-made clothes across a scanner or perhaps stocking shelves, why SHOULD you make more than $7.50 an hour? The only reason some places pay minimum wage is that they can't figure out how to pay you any LESS
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