Wal-Mart Wal-Mart Wal-Mart!
The Jan Brady's in Congress and the corporate world are once again shrieking about a Wal-Mart induced collapse of human civilization. Wal-Mart has been accused of everything short of trying to develop nuclear weapons.
This time, the brouhaha is over Wal-Marts plan to open an industrial bank to handle electronic payment processing. True to form, Democrats in Congress, including Ohio Democrats Rep. Stephanie Tubbs Jones and Rep. Tim Ryan, Hawaii Democrat Rep. Neil Abercrombie and California Democrat Rep. Loretta Sanchez, are decrying this move. Why? Because of consumer groups and banks that fear competing with the retail giant. After all, God forbid that America encourage competition. Wal-Mart wouldn't even be the first company to open a bank of this type (DNC propaganda aside) having been preceded in the move by corporations such as General Electric and General Motors. Wal-Mart of course, being wildly successful, non-union, and filled with happy and productive workers is thus evil to the core, and cannot be allowed to have the same access to the market as others.
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This time, the brouhaha is over Wal-Marts plan to open an industrial bank to handle electronic payment processing. True to form, Democrats in Congress, including Ohio Democrats Rep. Stephanie Tubbs Jones and Rep. Tim Ryan, Hawaii Democrat Rep. Neil Abercrombie and California Democrat Rep. Loretta Sanchez, are decrying this move. Why? Because of consumer groups and banks that fear competing with the retail giant. After all, God forbid that America encourage competition. Wal-Mart wouldn't even be the first company to open a bank of this type (DNC propaganda aside) having been preceded in the move by corporations such as General Electric and General Motors. Wal-Mart of course, being wildly successful, non-union, and filled with happy and productive workers is thus evil to the core, and cannot be allowed to have the same access to the market as others.
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5 comments:
Wal-Mart has been accused of everything short of trying to develop nuclear weapons.
They'd put all the mom and pop nuclear weapons manufacturers out of business; that's for sure!
I was at Wally World tonight and saw computer software for credit repair under the Wal-Mart Financial Services lable.
Folks that piss and moan about Wal-Mart are using the same arguements that were used against strip centers and shopping malls in the 50s-70s. "Mom & Pop" stores are still out there though. There's an Ace Hardware in town which would qualify as "Mom & Pop" that has tons of stuff that one could purchase. Wal-Mart has better prices on a lot of their stuff, but they do have a lot of items that you couldn't find at Wal-Mart.
Although, the fact that liberals hate on Wal-Mart and ignore Home Depot, Lowes, Target, K-Mart etc. just goes to prove their blatant hypocrisy. Not only that, but as alleged champions of the poor, you'd think liberals would support a store with lower prices on items.
Sorry libs, but once again, I don't believe you.
The sociology dept at my school conducted research on Wal-Mart's effect on the rural poor, comparing prices and availability of WIC-approved items at a suburban Wal-Mart, a rural Wal-Mart, and independents in the city, the suburbs, and in the rural area. Unfortunately for the sociologists, it turns out that Wal-Mart was the only place you could get everything on the WIC list in all situations, it was by far the cheapest (rural Wal-Mart was actually cheaper than suburban Wal-Mart, which is the opposite of the normal situation for rural consumers) and offered the most healthy food variety for poor families.
There was really nothing they could say to bash Wal-Mart based on their research, so they made up a new category: driving distance. Apparently rural Wal-Marts are too far apart, (relative to what, I don't know). They made a big deal about Wal-Mart being 25 miles away for some people. School is 45 minutes away for these same people; they drive a lot. If everything and everyone were within walking distance, it wouldn't exactly be "rural," would it?
It was probably the most shoddy university-endorsed research I've ever seen. But since it bashed Wal-Mart, I guess it got a pass.
Hey Red it's to see you!
Hi-Ya, Sweets! Super-cute new photo of you on your profile, by the way, ha! What a loss for women everywhere...tee, hee! Seriously! I was hopin' you'd say 'Hey'!
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