Biggest welfare queen on the planet?

Wolferz · 06-04-13, 01:55 PM

No, it's not some unwed mother in Biloxi, Mississippi...
Or even some third world nation.

It's the retail giant Wal-Mart...
http://money.msn.com/now/post.aspx?p...5-23416977b75e

Their low wage jobs are costing every taxpayer mucho deniro. To the tune of $1.7 million a year per super center.

I wonder if their hiring process includes a welfare application in the packet with the job application.

They have done something positive though. Like hiring folks on their last legs.
Then they take out dead peasant life insurance policies on them that names Wal-Mart the sole beneficiary.
http://www.wvbusinesslitigationblog....-class-action/

I bet poor Sam is wallowing in his grave while his kids are trying to push Uncle Sam in there with him.

mookiemookie · 06-04-13, 01:57 PM

Not to mention the corporate welfare breaks Walmart gets. Houston practically bent over backwards to get Walmart to place on of their stores near downtown.

Armistead · 06-04-13, 02:11 PM

Quote:

Originally Posted by Wolferz

No, it's not some unwed mother in Biloxi, Mississippi...
Or even some third world nation.

It's the retail giant Wal-Mart...
http://money.msn.com/now/post.aspx?p...5-23416977b75e

Their low wage jobs are costing every taxpayer mucho deniro. To the tune of $1.7 million a year per super center.

I wonder if their hiring process includes a welfare application in the packet with the job application.

They have done something positive though. Like hiring folks on their last legs.
Then they take out dead peasant life insurance policies on them that names Wal-Mart the sole beneficiary.

I bet poor Sam is wallowing in his grave.

Depress the job market, then you can cut benefits and wages to those of 3rd world nations.

Yep, those life insurance policies are big money makers.

AVGWarhawk · 06-04-13, 02:19 PM

I don't shop Walmart.

Sailor Steve · 06-04-13, 02:48 PM

And I call BS (Biased Study). Upon reading the whole article it seems that the 'Democratic staff of the U.S. House Committee on Education and the Workforce' is guessing.

Quote:

While the report notes it's not clear how much Wal-Mart pays its hourly workers, one research company pegs the average at $8.81. (That's above the federal minimum wage of $7.25 but below President Barack Obama's call for a $9 baseline wage.)

Okay, so Wal*Mart doesn't start basic service employees at ten bucks an hour. Can you show me anyone who does? It looks to me like they're being singled out for no other reason than that they are the biggest target in sight. Political grandstanding, and you're falling for it.

the_tyrant · 06-04-13, 03:33 PM

Quote:

Originally Posted by Sailor Steve

And I call BS (Biased Study). Upon reading the whole article it seems that the 'Democratic staff of the U.S. House Committee on Education and the Workforce' is guessing.

Okay, so Wal*Mart doesn't start basic service employees at ten bucks an hour. Can you show me anyone who does? It looks to me like they're being singled out for no other reason than that they are the biggest target in sight. Political grandstanding, and you're falling for it.

I agree, if their employees are full time workers at above minimum wage, and they still need welfare, its probably because the minimum wage is too low

Mr Quatro · 06-04-13, 03:33 PM

Quote:

Originally Posted by Wolferz

They have done something positive though. Like hiring folks on their last legs.

Then they take out dead peasant life insurance policies on them that names Wal-Mart the sole beneficiary.
http://www.wvbusinesslitigationblog....-class-action/

I bet poor Sam is wallowing in his grave while his kids are trying to push Uncle Sam in there with him.

I didn't believe you so I had to read the entire article:http://www.wvbusinesslitigationblog....-class-action/

Quote:

In 1993, Wal-Mart adopted a corporate owned life insurance (“COLI”) program through which the company would purchase life insurance policies for its employees. Wal-Mart funded the policies, at no cost to the employees.

The policies provided benefits of $5,000 to $10,000 to the decedents’ beneficiaries, with the remainder of the policy amount paid to Wal-Mart. By 2000, as the result of new regulations, Wal-Mart had discontinued the COLI program.

Yes, this is wrong, but they stopped it in the year 2000 and by the way Sam Walton died April 5th 1992 at the age of 74.

Wolferz · 06-04-13, 03:38 PM

Well Steve, I can share your sentiments but, Wal-Mart doesn't staff their stores with 100% full time employees. I doubt that it's even 75%. Which leaves the part timers in need of social assistance.
Full time staff = benefit expenses for the corporation.
I think things were much better when Sam was at the helm. He would only purchase and sell 100% American made goods at a bulk price.
Now, they don't give a rat's patootie where it comes from.
It's ok if you like bulk goods from China. Cheap and disposable.

Do you really believe they stopped that COLI crap because it's in an article on the internet?

Do you believe they can't put untrue facts on the internet?

Wanna buy a bridge?

Sailor Steve · 06-04-13, 04:24 PM

Quote:

Originally Posted by the_tyrant

I agree, if their employees are full time workers at above minimum wage, and they still need welfare, its probably because the minimum wage is too low

And how high do you think it should be? $10? $20? How much to think their prices should go up to cover that cost? Should a Big Mac be $10? Have you even thought about this, or are you just buying into what people tell you?

Sailor Steve · 06-04-13, 04:31 PM

Quote:

Originally Posted by Wolferz

Well Steve, I can share your sentiments but, Wal-Mart doesn't staff their stores with 100% full time employees. I doubt that it's even 75%. Which leaves the part timers in need of social assistance.

So? Should there be a law against having part-time employees? Would you use the government to force and control everything? I thought you didn't like the nanny-state.

Quote:

I think things were much better when Sam was at the helm. He would only purchase and sell 100% American made goods at a bulk price.

Really? So he would never stock Phillips television? He would never stock a PlayStation of any kind?

Quote:

Now, they don't give a rat's patootie where it comes from.
It's ok if you like bulk goods from China. Cheap and disposable.

You'd better start reading the labels on everything you buy. Oh, and I go to Wal*Mart mostly for food. Same brands as everywhere else. Half the price of most.

Quote:

Do you believe they can't put untrue facts on the internet?

So you don't believe everything in the article you posted? You sure seem to.

Quote:

Wanna buy a bridge?

You bought this one without a second thought.

Ducimus · 06-04-13, 06:26 PM

Quote:

Originally Posted by AVGWarhawk

I don't shop Walmart.

Ditto. I also buy American when I can. I have never liked walmart for far too many reasons. Personally, as a consumer, i would rather spend my money on domestically made goods. At least then I know my dollar is going to a local community and honest hardworking people. I can't say that buying chinese made crap at walmart.

Sailor Steve · 06-04-13, 07:23 PM

Yep, the Nalley's chili I buy was certainly made in China. The trash can I bought yesterday may be.

As I said, do you read the label on everything you buy? What brand of phone do you use? Every single product you buy? Do you or anyone in your family have a PS3? "May be made in Japan, Korea, Malaysia or China." None of them were made in America.

I can see the hostility towards Wal*Mart if you treat every other place exactly the same. But this wasn't about products made in China, it was about employees unable to make ends meet. This is true of a great many establishments. Do you boycott them all? Do you advocate raising the minimum wage? How high?

To me this has always looked like a classic trendy "hate of the week".

Stealhead · 06-04-13, 07:29 PM

I think that the larger negative impact that Wal-Mart and other chain stores is on locally owned business.They suck many local business dry in a small town or city the presence of a "super" Wal-Mart or Target or what have you can completely change the traffic pattern meaning that locally owned stores and restaurants can get forced out of business because they are not located in the new high traffic area.

Another nail in the coffin for locally owned bushiness can be rising costs of renting or leasing a location as other stores fail the property owners tend to raise the price to make up the difference.

Buying American is a nice notion(when the product is of good quality which is not always the case)but it becomes increasingly difficult especially with low cost items such as generic clothing (though much of the high end stuff is made under similar conditions overseas) another issue is that companies want to make maximum profits in order to please share holders.Most any item from a TV to a toilet is going to cost less if made in a third would country which means more profits which means happy share holders which means happy fat cats.

I do not think that you can find a pair of underwear or socks that is low in cost that is produced in the USA.And the USA label can be a ruse as well some items are made in Saipan which is an unincorporated Territory of the US.The workers though are from Taiwan or China.

The larger underlying problem is that it costs less no matter how you cut it to produce something overseas.We have become (as a collective whole) in the US,Canada,Western Europe,Japan and Australia mass consumers we want a cheap item right away this is an addiction that is not easily cured.

Look at how many idiots line up for those black Friday sales need I say more?To not be of this crowd makes you an ever increasing minority indeed not to say that you must assimilate.

Wal-Mart is also especially persons on low or fixed incomes the lowest cost place to purchase food.

Armistead · 06-04-13, 08:13 PM

Corporate America is rolling in money, but they're many signs the good times could be coming to an end again. Corporations have cut wages, benefits, about everything to increase profits, but because of that, Americans can't buy their goods like before. Eventually this tactic will backfire in a big way.

Stealhead · 06-04-13, 08:19 PM

Quote:

Originally Posted by Armistead

Corporate America is rolling in money, but they're many signs the good times could be coming to an end again. Corporations have cut wages, benefits, about everything to increase profits, but because of that, Americans can't buy their goods like before. Eventually this tactic will backfire in a big way.

The good times never end for the fat cats it is rigged so that they always come out ahead.Something similar to the Khmer Rouges Year Zero would be the only thing that would change that and something like that is never going to happen in the US.

Look at the past 100 years of US history the song always remains the same the fat cats always remain fat numerous recessions and depressions have occurred since the turn of the 20th century(1900-1999) yet nothing really changes.Sure laws and regulations may change yet bad times still occur.Of course not every recession is completely unavoidable.

06-04-13, 01:55 PM	#1
Wolferz Navy Seal Join Date: May 2007 Location: On a mighty quest for the Stick of Truth Posts: 5,963 Downloads: 52 Uploads: 0	Biggest welfare queen on the planet? No, it's not some unwed mother in Biloxi, Mississippi... Or even some third world nation. It's the retail giant Wal-Mart... http://money.msn.com/now/post.aspx?p...5-23416977b75e Their low wage jobs are costing every taxpayer mucho deniro. To the tune of $1.7 million a year per super center. I wonder if their hiring process includes a welfare application in the packet with the job application. They have done something positive though. Like hiring folks on their last legs. Then they take out dead peasant life insurance policies on them that names Wal-Mart the sole beneficiary. http://www.wvbusinesslitigationblog....-class-action/ I bet poor Sam is wallowing in his grave while his kids are trying to push Uncle Sam in there with him. __________________ Tomorrow never comes Last edited by Wolferz; 06-04-13 at 02:10 PM.

06-04-13, 01:57 PM	#2
mookiemookie Navy Seal Join Date: Nov 2005 Location: Houston, TX Posts: 9,404 Downloads: 105 Uploads: 1	Not to mention the corporate welfare breaks Walmart gets. Houston practically bent over backwards to get Walmart to place on of their stores near downtown. __________________ They don’t think it be like it is, but it do. Want more U-boat Kaleun portraits for your SH3 Commander Profiles? Download the SH3 Commander Portrait Pack here.

06-04-13, 02:19 PM	#4
AVGWarhawk Lucky Jack Join Date: Jun 2005 Location: In a 1954 Buick. Posts: 28,253 Downloads: 90 Uploads: 0	I don't shop Walmart. __________________ “You're painfully alive in a drugged and dying culture.” ― Richard Yates, Revolutionary Road

06-04-13, 03:38 PM	#8
Wolferz Navy Seal Join Date: May 2007 Location: On a mighty quest for the Stick of Truth Posts: 5,963 Downloads: 52 Uploads: 0	Well Steve, I can share your sentiments but, Wal-Mart doesn't staff their stores with 100% full time employees. I doubt that it's even 75%. Which leaves the part timers in need of social assistance. Full time staff = benefit expenses for the corporation. I think things were much better when Sam was at the helm. He would only purchase and sell 100% American made goods at a bulk price. Now, they don't give a rat's patootie where it comes from. It's ok if you like bulk goods from China. Cheap and disposable. Do you really believe they stopped that COLI crap because it's in an article on the internet? Do you believe they can't put untrue facts on the internet? Wanna buy a bridge? __________________ Tomorrow never comes

06-04-13, 07:23 PM	#12
Sailor Steve Eternal Patrol Join Date: Nov 2002 Location: High in the mountains of Utah Posts: 50,369 Downloads: 745 Uploads: 249	Yep, the Nalley's chili I buy was certainly made in China. The trash can I bought yesterday may be. As I said, do you read the label on everything you buy? What brand of phone do you use? Every single product you buy? Do you or anyone in your family have a PS3? "May be made in Japan, Korea, Malaysia or China." None of them were made in America. I can see the hostility towards Wal*Mart if you treat every other place exactly the same. But this wasn't about products made in China, it was about employees unable to make ends meet. This is true of a great many establishments. Do you boycott them all? Do you advocate raising the minimum wage? How high? To me this has always looked like a classic trendy "hate of the week". __________________ “Never do anything you can't take back.” —Rocky Russo

06-04-13, 07:29 PM	#13
Stealhead Navy Seal Join Date: Feb 2009 Location: Kentucky Posts: 5,421 Downloads: 85 Uploads: 0	I think that the larger negative impact that Wal-Mart and other chain stores is on locally owned business.They suck many local business dry in a small town or city the presence of a "super" Wal-Mart or Target or what have you can completely change the traffic pattern meaning that locally owned stores and restaurants can get forced out of business because they are not located in the new high traffic area. Another nail in the coffin for locally owned bushiness can be rising costs of renting or leasing a location as other stores fail the property owners tend to raise the price to make up the difference. Buying American is a nice notion(when the product is of good quality which is not always the case)but it becomes increasingly difficult especially with low cost items such as generic clothing (though much of the high end stuff is made under similar conditions overseas) another issue is that companies want to make maximum profits in order to please share holders.Most any item from a TV to a toilet is going to cost less if made in a third would country which means more profits which means happy share holders which means happy fat cats. I do not think that you can find a pair of underwear or socks that is low in cost that is produced in the USA.And the USA label can be a ruse as well some items are made in Saipan which is an unincorporated Territory of the US.The workers though are from Taiwan or China. The larger underlying problem is that it costs less no matter how you cut it to produce something overseas.We have become (as a collective whole) in the US,Canada,Western Europe,Japan and Australia mass consumers we want a cheap item right away this is an addiction that is not easily cured. Look at how many idiots line up for those black Friday sales need I say more?To not be of this crowd makes you an ever increasing minority indeed not to say that you must assimilate. Wal-Mart is also especially persons on low or fixed incomes the lowest cost place to purchase food.

06-04-13, 08:13 PM	#14
Armistead Rear Admiral Join Date: Dec 2008 Location: on the Dan Posts: 10,880 Downloads: 364 Uploads: 0	Corporate America is rolling in money, but they're many signs the good times could be coming to an end again. Corporations have cut wages, benefits, about everything to increase profits, but because of that, Americans can't buy their goods like before. Eventually this tactic will backfire in a big way. __________________ You see my dog don't like people laughing. He gets the crazy idea you're laughing at him. Now if you apologize like I know you're going to, I might convince him that you really didn't mean it.