Biggest welfare queen on the planet?

[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.
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]

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]

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]

I don't shop Walmart.

[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.

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]

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

[Sailor Steve]

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?

[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.
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]

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.

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?

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.

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.

Wanna buy a bridge?

You bought this one without a second thought.

[Mr Quatro]

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/

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.