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In Response to Re: Walmarts disasterous impact.:
Posted by rker321
To say Walmart is not the culprit is like saying the Keating Five were not bankrobbers just because they got the laws changed to legalize THEIR robbery while Willy Sutton did not.
Wally and others moved their manufacturing overseas AFTER the Repugs they bought changed the laws and made the move profitable. The good citizens of Germany elected a very different group of politicians and made it UNprofitable to relocate plants searching for the bottom of the labor market, and guess which plan produced a more stable and prosperous economy?
Wally pays 14.5% LESS than other large retail chains. What DC wants them to do is pay the same instead. Saying "we don't produce anything any longer" begs the question WHY NOT? The "fix" is not to go to church and pray for the conversion of the Uberrich, it's to go to the polls and elect people who will change the system to re-employ AMERICANS, and that means electing NO REPUGS.
Posted by Olderscout66
You say 14% less than Targer or K-mart? please if you have the link that can prove salaries for those discounters please do so. What I am saying that just by attacking Walmart, you are not really solving the big picture. Do I think that Walmart is the most ethical employer,? NO, I don't but also, I have seen others like Target, Sears, K-mart as to what they do, You are here , blaming the Republicans for everything that happens in this country, and maybe they have a big hand in all of this, but you know what.? We as citizens have an obligation to deal with what is happening in this country and we have not. We allowed whomever to rape this country, and do nothing when this country was loosing all its manufacturing. You are simply stating that the Republicans as the only bad people in this whole things, But, you refuse to see that all politicians in general have had a very hand in what hws happened in this country. Until, Republicans and Democrats are willing to understand that both of them have been the ones that have really messed up this country, we iwill do nothing but bicker. Remember, no matter what we do live in a Democracy, we do have the power of the vote. Let's all use it wisely.
Posted by rker321
Check out my original post for the "Wally pays LESS" stats. 12% less than all retailers and 14.5% less than the other major chains, and 50% less than COSCO.
The reason I blame Repugs for all the disasterous economic situations we've endured over the last 30 years is because ITS THE LAWS THEY PASS THAT MADE IT HAPPEN!
Way back, Repugs passed Taft-Hartley that is the most anti-Union legislation on the books in any industrialized nation outside the former Warsaw Pact.
Reagan eliminates the top dozen tax brackets and "pays for it" by eliminating dozens of deductions available to the Middle Class and eliminating Revenue Sharing with the States. In reality, we have NEVER recovered the lost revenue from Ronnies huge tax giveaway to the Uberrich - we just increased borrowing as his administration TRIPLED the National Debt and caused the greatest redistribution of Wealth since the passage of the 16th Amendment, only Ronnies redistribution went from the middle to the top.
Reagan and the Repugs deregulate the S&L industry and millions of Seniors loose EVERYTHING while 200+ execs including Ronnie's good buddy Chas Keating at least serve some time BUT REPUGS THEN BLOCKED ALL ATTEMPTS TO RE-REGULATE THE S&Ls.
The Repug Congress passes banking deregulation and Clinton is dumb enough to sign it, turning banks into huge casinos gambling with other people's money - OURS.
Repugs "privatize" Fanny Mae and Freddie Mac via deregulation, then jrbush allows them to accept/repurchase no down payment mortgages opening the door for the mortgage brokers to arrange the infamous NANI mortgages - where the mortgagee has No Assets and No Income and the Banksters have toxic assets they sell and resell as "derivatives" that Repugs legislated to prevent ANY Gov't agency from regulating,
Then jrbush lies us into two totally unnecessary wars after cutting taxes for the Uberrich causing the National Debt to DOUBLE on his watch.
Repugs have blocked all reasonable attempts to regulate banking and Wall Street, claiming its good for the economy. This has resulted in SIXTEEN melt-downs of the financial markets since 1790. Canada, where they tightly regulate banks, has had ZERO financial collapses since 1790. It's not an ACCIDENT that Repug policies periodically devisate our financial markets - each and every time it happens, the middle class winds up with a smaller share of total wealth and the Uberich get a bigger share.
Now, you provide a list of OVERT actions pushed by Democrats that led to financial disaster and I'll agree that I may have been too harsh with the GOPers. Good luck on the search - in each and every case that the Reichwingers have posted claiming a Democratic origin, a quick search proves their claims to be FALSE, but hey, perhaps I've overlooked something.