6.16.2014

Walmart is THE Money Sucking Leech

Or, Subsidy is a Four Letter Word

I do not shop at Walmart, I haven't spent a dime there in close to 20 years. And yet my money is STILL going to help bridge the gap between how much they pay and the services Walmart employees and their families need and use.

Walmart is the largest corporation on the planet. It is owned by the wealthiest family on the planet and yet I, not the wealthiest anything anywhere, am being forced to help pay for the services that Walmart has weaseled out of.

At best, this unethical, unseemly and unsustainable. At its worst, this is a codified business decision to maximize profits for as long as possible until the whole shithouse falls down around their ears.

Walmart CAN pay a living wage but they will not until they are forced to do so. This is, coincidentally, a strong argument against libertarian "ideals" of letting the free market sort everything out. The free market sorted out Walmart and we are still paying the price today, you, me, every single one of us is paying Walmart to exist.

I'd like to cancel that payment, now and into the future. If Walmart cannot stand on its own feet without my subsidies then they do not deserve to be in business.

6.05.2014

How Wal-Mart Steals From Us All

Walmart's Executive Bonuses Cost Taxpayers Millions

This new report, co-published by IPS and Americans for Tax Fairness, reveals that taxpayers (note, NOT Walmart customers exclusively, we are all being forced to pay their executive bonuses) also subsidize much of the cost of Walmart’s executive pay.

Key report findings: 
  • Walmart reduced its federal tax bills by an estimated $104 million over the past six years by exploiting a tax loophole that allowed eight top executives to pocket more than $298 million in “performance pay” that was fully tax deductible.  That sum would have been enough to cover the cost of free school lunches for 33,000 children for those six years.
  • Michael T. Duke, Walmart’s recently retired President & CEO and currently Chairman of the Executive Committee of the Board of Directors, pocketed nearly $116 million in exercised stock options and other “performance pay” during the period 2009-2014. That translates into a taxpayer subsidy for Walmart of more than $40 million—enough to cover the average cost of food stamps for 4,200 people for those six years.
  • Taxpayers would save $50 billion over 10 years, according to the Joint Committee on Taxation, if Congress closed this perverse “performance pay” loophole by capping the tax deduction at $1 million for each employee’s total compensation, with no exceptions for performance pay.
Full report: PDF
Full report with year by year data breakdown: PDF

5.19.2014

CostCo IS Better than Walmart and Sam's Club

Pretty easy to see why I'll never willingly set foot in a Walmart or Sam's Club and am a regular customer at CostCo.



The full article is available on Atlasleft.

2.24.2014

Sam's Club vs Costco Ruled No Contest, Sam's Club Fails for Profit Mongering

Sam's Club vs Costco: Do Lower Prices Trump Employee Happiness?

Hint: No.

I will never shop at a Sam's Club while I can go to a CostCo instead. I strongly prefer spending my money at a store that treats their employees like people and pays them livable wages.

"Sam's Club could treat its workers better, find ways to rev up sales and not lay people off just because they can. That, however seems unlikely as Wal-Mart will likely maintain its profit margin at Sam's Club by continuing to use its leverage to purchase at the best prices possible while squeezing and eliminating labor costs wherever possible."

Sam's Club and Wal-Mart have a long and disgusting history of treating employees like cattle to be used up and discarded. Which may work nicely for your bottom line for a period of time but the worm is turning and Wal-Mart's misdeeds are more and more known. And that leads more people to shopping elsewhere and marginalizing Wallyworld.

And that is a very good thing. People over Profits! Vote with your wallet and don't give your money to the evil empire that is Wal-Mart.

12.01.2013

This is what the Walmartification of Christmas Looks Like

The volume thing is a trap, no sound, sorry.
Black Friday has now become synonymous with violence associated with the pursuit of Christmas presents.

It has now become expected that there will be riots and brawls and mayhem as people FIGHT to get schlock at bigger discounts.

Would you want a present your mom got for you by boot-stomping someone else's mother?

I don't know about you but I'd rather not get anything at all for Christmas than to think that it was purchased via a violent confrontation or threat of violence.

We have become so inured to the violence thathyperbolic satire bits like this, Woman Kills 3 for XBox and then there's this mega-super-hyperbolic one from The Onion, 42 Million Dead in Bloodiest Black Friday On Record.

And now Black Friday is starting on Thanksgiving Day which is so insanely offensive and rude that it just boggles the mind.

People, NO BARGAIN IS WORTH ANY OF THIS. Christmas and the holiday season is and should be about spending quality time with your loved ones, not nursing black eyes received while SHOPPING.

America needs to remove its head from its ass and recognize these behaviors are animalistic, disgusting and further signs of the epic implosion of our entire society (expect the Chinese to step right in and "help" us get sorted).

11.19.2013

Pop Quiz Time (Hint, the Answer is Yes)

Is Walmart's request of associates to help provide Thanksgiving dinner for co-workers proof of low wages?

Yes, yes it is clear proof of Walmart's shitty employment practices.

The internets are kicking around this story about a donation zone set up in the employee area of an Ohio Walmart. These are not donations for local families, these are donations solicited for employees who don't earn enough in their crappy Walmart job to afford Thanksgiving.

Think about this for a minute or two. Also, toss in the fact that Walmart is the largest company on the planet and makes massive profits each and every year. Economists have examined the numbers and Walmart could easily pay livable wages and still pull massive profit (just not quite as much). They choose to screw over millions of people and force everyone to subsidize their profit margins by under-paying and under-employing people.

This is not a once off, this is a codified business practice.

And it is disgusting and should not be allowed.

Walmart is filthy and dirty and the money spent their goes into the Waltons' pockets or off to China. It does not trickle down, it does not re-invest in America, it sits in a bank account or is used by China to increase its grip on the US.

8.10.2013

WinCo Treats Employees Like People....Wins

Walmart's nightmare is a clear sustainable model that shows their rapacious and cheap ass way of doing business isn't necessary to make a buck. And that means treating employees like people who have real needs that their employment needs to provide the means to satisfy. Not crap like timesheet manipulation to prevent health benefits.

Nope, WinCo gives full benefits to employees working more than 24 hours a week and has a strong pension plan. And has, according to a spokesperson so take it with a grain of salt, some 400 non-executive employees with million dollar plus pensions.

A company that respects customers and employees and the towns in which they exist?

Uh-oh. That doesn't bode well for a company like Walmart that guts towns, foists healthcare costs, exploits workers and supply chains and is run by the most miserly richest family on earth.

People who think Walmart simply cannot afford to pay a livable wage are simply dead wrong. Businesses can be profitable, sustainable AND respectful to the people who make them run (staff and customer).

That is, I believe, Check and Mate, Wally.

6.20.2013

California Says No More Subsidies Walmart

California To Wal-Mart: Enough! No More Taxpayer Subsidized Profits For You

Legislation is now making its way through the California legislature—with the support of consumer groups, unions and, interestingly, physicians—that would levy a fine of up to $6,000 on employers like Wal-Mart for every full-time employee that ends up on the state’s Medi-Cal program—the California incarnation of Medicaid. 
The amount of the fine is no coincidence. 
A report released last week by the Democratic staff of the U.S. House Committee on Education and the Workforce, estimates that the cost of Wal-Mart’s failure to adequately pay its employees could total about $5,815 per employee each and every year of employment.

Way to go, California. Make it so that the price of doing dirty business is MORE than the cost of doing honest and clean business that doesn't shave profits from employee paychecks. Of course, if it were up to me, the amount of the fines would assess how much profit they made by breaking the law and then multiplying that profit by 5 or 10 to get their fine. Profiting from crime should NEVER be so easy, especially not for a mega-corporation like Walmart.

And an important fact for the Tea Party knobs out there,
 "Note that these are not people who rely on ‘government handouts’ because they do not wish to work. Rather, these are people who show up to do their jobs for as many hours a week as their employer will permit them to work."
I hope more states start to follow California's lead in clamping on Walmart's profit maximizing by shoving costs on to taxpayers. There is, simply, no way to justify what Walmart is doing outside of runaway greed.

6.18.2013

Walmart Passes Nearly $1 Million Per Store Operating Cost to the US Taxpayer

I don't know about you but I don't shop at Walmart, won't shop at Walmart and advise others to spend their money elsewhere as well.

So why in the hell should my tax dollars be going to support Walmart employees who aren't paid enough by the wealthiest corporation on the planet? Seriously. Think about that. Walmart is the richest company on earth and they REFUSE to pay their employees wages and benefits that they can live on.

Low Wages at a Single Wal-Mart Store Cost Taxpayers about $1 Million Every Year

The report finds that a single 300-employee Wal-Mart Supercenter in Wisconsin may cost taxpayers anywhere from $904,542 to nearly $1.75 million per year, or about $5,815 per employee. Wisconsin has 100 Wal-Mart stores, 75 that are Wal-Mart Supercenters.
“Wal-Mart is the nation’s largest private-sector employer, yet they pay such low wages that many of its workers are unable to provide their families with the necessities of life. The labor policies of Wal-Mart, and those of companies that emulate its low-road approach, end up leaving  taxpayers holding the bag,” said Rep. George Miller (D-Calif.), senior Democrat on the committee.
This isn't an accident, this is a codified and shareholder approved business practice to wring every last penny out of profit out of the stores and to hell with the employees and customers because to hell with them anyway.

Make no mistake, Walmart absolutely could pay better than they do. They do not because they are greedy assholes bent on extracting as much from America as they possibly can.

Shopping at Walmart is unAmerican and anti-America.

6.06.2013

Why I Hate Walmart In a Single Quote

If the graphic doesn't load for some reason, the quote reads "I work full-time for one of the richest companies in the world, and my kids get state health insurance and are on food stamps." - Sara Gilbert, striking Wal-Mart manager.

Not just the bottom grunts, Walmart doesn't even pay their managers enough to live on.

Shop at Walmart and you're helping perpetuate the cycle of exploitation.

Shop elsewhere if you can.