Sunday, October 24, 2010

I don't trust Wal-Mart

Wal-Mart, Humana Offer Low-Cost Drug Plan to Take Rivals' Sales

This company gives me the creeps - they bully vendors into producing products more cheaply, they encourage the idea that money should be a consumer's only consideration when purchasing goods, they don't pay their workers very much money, they so dominate the marketplace that rural towns (where Wal-Mart began) have lost their unique character - and a lot of Mom and Pop stores.
And now they're going to sell prescription drug insurance?  That seems odd.

They hire people to work for a low wage and their vendors are forced to pay lower wages to cut costs.
Their store caters to the very same people.
They market themselves as a partner with poor people to help them save money.
But...they're the reason the people are poor in the first place!

They've created an economic class, and then cater to it to make money.
A strange cycle.

The Walton family and the WalMart Foundation may donate (to conservative think tanks among others), but the percentage they donate is very small as a percentage of their income/sales.  Less, as a percentage, than  most regular folks.

Peculiar.

P.S.  My image makes me smile.

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