Is Walmart going to ask for a bailout?

B_bi_in_socal

Just Browsing
Joined
Jan 11, 2009
Posts
226
Media
0
Likes
0
Points
101
Or are the unions only strong-arming the American auto industry into the grave?

For as much bitching and moaning that the Corporate Unions do about Walmart, at least it ain't Walmart that can't manage it's own affairs. Rather, it is Walmart who has closed stores to lock out unions and lobbied congress against government regulation.

Keep the government and corporate unions out of free enterprise.


A wise man once said "Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it. ".

Looks like the auto industry is the victim of all 3 events.
 

mindseye

Experimental Member
Joined
Apr 9, 2002
Posts
3,399
Media
0
Likes
15
Points
258
Sexuality
100% Gay, 0% Straight
Gender
Male
So . . . remind me again, which industry needed the bigger bailout -- the unionized auto industry, or the non-unionized financial services sector?

One out of eight American workers belongs to a union (source), and you've cited the example of a single unionized industry requesting a bailout.

Do you frequently make generalizations from a single example?
 

B_bi_in_socal

Just Browsing
Joined
Jan 11, 2009
Posts
226
Media
0
Likes
0
Points
101
So . . . remind me again, which industry needed the bigger bailout -- the unionized auto industry, or the non-unionized financial services sector?

One out of eight American workers belongs to a union (source), and you've cited the example of a single unionized industry requesting a bailout.

Do you frequently make generalizations from a single example?


Let me simplify it.

Walmart was not foolish enough to throw in with corporate unions DESPITE pressure from the likes of the AFL CIO. The auto companies were, or at least were coerced by the violent likes of Jimmy Hoffa and other Bolsheviks.


It is the corporate unions and their greed that have not only bankrupted the auto industry but made them unviable in the competitive marketplace.
 

mindseye

Experimental Member
Joined
Apr 9, 2002
Posts
3,399
Media
0
Likes
15
Points
258
Sexuality
100% Gay, 0% Straight
Gender
Male
Yes, and you've certainly established your credentials today as a scholar of the American labor movement.

Exactly what relationship did Jimmy Hoffa have with the automobile manufacturing industry? He was with the Teamsters, not UAW.
 

B_bi_in_socal

Just Browsing
Joined
Jan 11, 2009
Posts
226
Media
0
Likes
0
Points
101
Yes, and you've certainly established your credentials today as a scholar of the American labor movement.

Exactly what relationship did Jimmy Hoffa have with the automobile manufacturing industry? He was with the Teamsters, not UAW.


Jimmy Hoffa modeled the behavior that the corporate unions practice today.

Intimidation, coercion, corruption.
 

dong20

Sexy Member
Joined
Feb 17, 2006
Posts
6,058
Media
0
Likes
28
Points
183
Location
The grey country
Sexuality
No Response
Well, the owner of WalMart stores has just had a custom made 'mega' yacht built (in Cornwall). Personal purchase or not, any allusion to having fallen on hard times would be treated with appropriate scepticism - by me anyway.
 

Deno

Cherished Member
Joined
Apr 19, 2006
Posts
4,631
Media
1
Likes
407
Points
303
Sexuality
No Response
Well as I see it, Gov. employees and School workers are unionized and require being bailed out every year, at least my property taxes get raised every year because they can't live within there budget. Now the county wants to raise property values in an economy when property values are declining.
 

ripsrips

Legendary Member
Verified
Gold
Joined
Nov 5, 2006
Posts
1,315
Media
10
Likes
2,459
Points
443
Location
California (United States)
Verification
View
Sexuality
69% Straight, 31% Gay
Gender
Male
Well, the owner of WalMart stores has just had a custom made 'mega' yacht built (in Cornwall). Personal purchase or not, any allusion to having fallen on hard times would be treated with appropriate scepticism - by me anyway.


Good for him...it's a private company and he can use his wealth however he wants.
 

kalipygian

Expert Member
Joined
Dec 3, 2005
Posts
1,948
Media
31
Likes
139
Points
193
Age
68
Location
alaska
Sexuality
100% Gay, 0% Straight
Gender
Male
Well, the owner of WalMart stores has just had a custom made 'mega' yacht built (in Cornwall). Personal purchase or not, any allusion to having fallen on hard times would be treated with appropriate scepticism - by me anyway.

It is owned by 8 or 10 people. Sam Walton headed the richest person in America list from '85 until he began to pass his shares on to his wife and four children. They were 5 of the top 10 until '05. I have not heard of any of them using a significant part of their wealth to any worthy purpose. Walton gave a few million to his church, and the local university. One daughter I think set up a museum.

A good case for inheritance taxes in the percentages levied by the British government. A fortune made and maintained by exploiting underpaid workers and predatory practices against competitors. No sympathy from me.
 

B_bi_in_socal

Just Browsing
Joined
Jan 11, 2009
Posts
226
Media
0
Likes
0
Points
101
It is owned by 8 or 10 people. Sam Walton headed the richest person in America list from '85 until he began to pass his shares on to his wife and four children. They were 5 of the top 10 until '05. I have not heard of any of them using a significant part of their wealth to any worthy purpose. Walton gave a few million to his church, and the local university. One daughter I think set up a museum.

A good case for inheritance taxes in the percentages levied by the British government. A fortune made and maintained by exploiting underpaid workers and predatory practices against competitors. No sympathy from me.


lol You'd be perfect for government.

You people always think you have a better way to spend the money that other people have earned.
 

kalipygian

Expert Member
Joined
Dec 3, 2005
Posts
1,948
Media
31
Likes
139
Points
193
Age
68
Location
alaska
Sexuality
100% Gay, 0% Straight
Gender
Male
lol You'd be perfect for government.

You people always think you have a better way to spend the money that other people have earned.

Inheriting is not earning, no one needs a fortune in the billions.

And responding to trolls not one of my priorities.:wink:
 

B_starinvestor

Experimental Member
Joined
Mar 1, 2006
Posts
4,383
Media
0
Likes
3
Points
183
Location
Midwest
Sexuality
100% Straight, 0% Gay
Gender
Male
Inheriting is not earning, no one needs a fortune in the billions.

And responding to trolls not one of my priorities.:wink:

That being said, if anyone builds an empire that employs hundreds of thousands of people...and by virtue or that..pays tens of billions of dollars of taxes and puts millions of kids through school...retires thousands of people comfortably...i, and tens of thousands of thankful WalMart employees...thank Sam Walton for what he has contributed....and if he doesn't own the right to pass along his legacy to his own children...because the gov't says that those who risked nothing deserve his legacy more than his own family....then shame on you kali.
 

B_bi_in_socal

Just Browsing
Joined
Jan 11, 2009
Posts
226
Media
0
Likes
0
Points
101
That being said, if anyone builds an empire that employs hundreds of thousands of people...and by virtue or that..pays tens of billions of dollars of taxes and puts millions of kids through school...retires thousands of people comfortably...i, and tens of thousands of thankful WalMart employees...thank Sam Walton for what he has contributed....and if he doesn't own the right to pass along his legacy to his own children...because the gov't says that those who risked nothing deserve his legacy more than his own family....then shame on you kali.


These people have no shame. For them it is about revenge and class warfare.

Punish the rich in the name of the mediocre.