Walmart Heirs own more wealth than bottom 40%

[Ocala Mike]

Originally Posted by TJDave

100% of Walmart workers are also Walmart customers.

And 80% of them are on food stamps. What Wal-Mart doesn't pay them in livable wages, the American taxpayer foots the bill for. I'd say congratulations to the Waltons, indeed! We're all subsidizing them indirectly.

[Mike at A+]

Originally Posted by Ocala Mike

And 80% of them are on food stamps. What Wal-Mart doesn't pay them in livable wages, the American taxpayer foots the bill for. I'd say congratulations to the Waltons, indeed! We're all subsidizing them indirectly.

If not for WalMart, where would they be working? And would they be making enough to not need food stamps? I have a Super WalMart about 2 miles from my house and I can tell you with certainty that I would not hire 80% of the people working there.

[Robert Fischer]

Originally Posted by Ocala Mike

And 80% of them are on food stamps. What Wal-Mart doesn't pay them in livable wages, the American taxpayer foots the bill for. I'd say congratulations to the Waltons, indeed! We're all subsidizing them indirectly.

And then Walmart and their partners benefit a good deal from those food stamp subsidies. Guessing here but it has to be 80-90% of all food stamps are spent at Walmart. It's almost like the general public is paying taxes straight to the Walmart conglomerate.

It's really a strategically strong business plan.

[NJ Stinks]

If Wal-mart is waiting for me to walk through the door, they are on their way out of business. I haven't been in one for years and I'm proud to say it. If Wal-mart is an American dream come true, we are screwed.

The whole idea of Wal-mart makes me sick. I despise Nike too.

http://www.dailymail.co.uk/news/arti...Indonesia.html

[Mike at A+]

I am no big fan of WalMart's products but I do fill my prescriptions there for $4 per month after years of paying 10 times more at CVS. I will buy electronics and CDs at WalMart as they have a price match guarantee. And occasionally I will buy a pair of Wrangler jeans there. I've bought pool chemicals, garden supplies and lawn furniture as well. But I steer clear of the food and most other items. I go there once a month for prescriptions and maybe a few other minor items like trash bags, etc. Great value for certain items.

[JustRalph]

Originally Posted by TJDave

100% of Walmart workers are also Walmart customers.

They get 10-20% percent discount too. I would use it too.

I spoke with a gal at Walmart working 3rd shift about two weeks ago. She told me she has been there 5 yrs as a cashier. 14.05 an hour and the discount.

She also had an option for health bennies but declined because she gets them thru her hubby. She didn't even know the cost.

She did tell me that at some places Walmart employees can use their discount at other retailers that Walmart has agreements with. She said there were none here in Texas that she knew of, but it's in their literature.

Yes, I am the creepy guy staring at you in Walmart at 2a.m.

[TJDave]

Originally Posted by Robert Fischer

It's really a strategically strong business plan.

A ponzi scheme is a great deal for FIFO's.

[Greyfox]

China loves Wal-Mart.

[newtothegame]

Apparently our President loves them too....after all, isn't he hiring one of their execs to (I think) a cabinet position???
And here I thought the left would love wal mart.....
If its good enough for the president....its good enough for...

But again, which was glossed over.....all of you on the left continue to bitch and moan about the wages paid by wal mart.......who sets the minimum wages in this country? And, is Wal-Mart the only company paying those wages???

[TJDave]

Originally Posted by newtothegame

Apparently our President loves them too....after all, isn't he hiring one of their execs to (I think) a cabinet position???
And here I thought the left would love wal mart.....
If its good enough for the president....its good enough for...

The left hates Obama. As rightly they should.

[Lefty]

A democratic government's job is to please a majority of its citizens.
TJ Dave said that.
__________________

But, it's NOT TRUE. A Government's job is too protect its people.
That's the gist of it. We have too much government trying to please too many people with all its giveaways. That's why we are in debt up to our necks!

[riskman]

Originally Posted by mostpost

The Waltons got that wealth by stealing it from every man and woman who ever worked for them. They did it by paying substandard wages; by not providing benefits; and by limiting hours. Seizing their money would not be redistribution of wealth it would be proper distribution of wealth.

Is it just the Waltons or does that apply to the entire retail industry which includes supermarkets, drugstores, chain and private restaurants,appliance stores, all of the typical chains you would find in a retail mall. Are all of these businesses exploiting workers, paying them wages far below what they deserve and forcing them to work under grueling sweatshop conditions? Should we just outsource and transfer jobs from the big bad ass wealthy U.S. to poorer countries with non wealthy populations benefiting. We can just order everything from Amazon or are they on the list also? Capitalism and free trade are always and everywhere good things and that the best thing government can do is get out of the way as the U.S. drifts ever closer to socialism.

[Tom]

1 Large Pizza (10 Slices)
and 10 People

2 People will get 8 of the Slices (avg. of 4 Slices each).

The remaining 8 People split the remaining 2 Slices (avg. of 1/4 Slice each)

This is a great example, actually.
You make the same assumption losers like mopstpost and hcap make - they assume the pizza was free. It was not.

Scenario #1 Two people paid for it all and yet they contribute 2 slices to those who did not kick in and really do not deserve any.

Scenario #2 - Everyone got slices proportional to what they contributed towards the cost. A fair situation.

mostpost's observations in this thread are totally un-American and help to explain the warped mentality most union boys have. Takers.

Support your local Walmart - it pisses off liberals!

[TJDave]

Originally Posted by Lefty

But, it's NOT TRUE. A Government's job is too protect its people.
That's the gist of it. We have too much government trying to please too many people with all its giveaways. That's why we are in debt up to our necks!

A government's job, just like any other job, is defined by its employer. We have too much government out of choice. We are in debt voluntarily.

[Robert Fischer]

Originally Posted by Tom

This is a great example, actually.
You make the same assumption losers like mopstpost and hcap make - they assume the pizza was free. It was not.

Scenario #1 Two people paid for it all and yet they contribute 2 slices to those who did not kick in and really do not deserve any.

Scenario #2 - Everyone got slices proportional to what they contributed towards the cost. A fair situation.

The post was meant to illustrate how a power law with an 80-20 distribution works, not to criticize it. It's not "unfair", it's the law of nature.

As far as I understand it, your Scenario #2 would be closest.