Debate: Wal-Mart

[xoxoxoBruce]

Ah yes, the Go-Go eighties. Junk bonds, Bahama banks and the rise of what our Spanish freinds would call Viva Yo. Translated to Philadelphian as Hooray for me- Fuck thee.
The robber barons were always ruthless bastards in business but this new breed thats grown out of this attitude in the last 20 years has no parallel. It's become acceptable to destroy the company and stockholders along with employees to achive personal wealth. Even when you already more money than most countries.
Dismantling healthy companies for a quick buck with enormous bonuses and golden parachutes. Exectutive pay rates grown from 40 times the employees rates to 500, 700 even 1000 times.
Incredibly when the company is dead the move on to the next company because that board of directors are hoping they'll make them filthy rich at the expense of the stockholders and employees.

When a supplier sells to 100 accounts they can manage their business. But when one of those accounts keeps getting bigger by forcing the others to close, then they control your company, not you. You survive by their whim. You even invest and expand if they demand it because you have no choice. Sink or swim. Then, as recently happened to Tupperware when the cost of raw materials went up, Walasaurous stops buying cold and you're in a world of hurt.

Griff, you don't see any problem with the one that determines the level and quality of your health care, holding a secret life insurance policy on you? That's why so many states have made it illegal. Oh, and it's on all employees. Sorry if I misled you on that, but it does give them impetus to hire as many oldsters as they can.