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Author Topic: Walmart: High Cost of Low Prices  (Read 12700 times)
IXIswamperIXI
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« Reply #25 on: October 28, 2007, 09:51:15 PM »

I am well aware of what socialism leads to. Thats why I thought you meant socialism.  Thanks for the Wikipedia defintions.  I just thought that socialism was what you were trying to say when you said communism.
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IXIswamperIXI
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« Reply #26 on: October 28, 2007, 09:57:26 PM »

Capitalism in this country has a bad effect do to large businesses, insurance companies and so on running the country with  contributions to politicians for there own economic profit.

All that matters is how much money you can give your politician
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« Reply #27 on: October 29, 2007, 01:25:13 AM »

You are willing to take what the issues are with wal-mart at face value based on what others say, but when I say Communism you have to assume that I must have meant something else.  Interesting that we believe what we choose to believe.   
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IXIswamperIXI
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« Reply #28 on: October 29, 2007, 06:55:19 AM »

You are willing to take what the issues are with Wal Mart at face value based on what others say

That in itself is a BIG BIG assumption you are making on me, just because I have a business now that has nothing to do with wal mart doesn't mean I do not know FIRST HAND what happens with contracts between a small business and wal mart, and how it affects your family.

but when I say Communism you have to assume that I must have meant something else.

You said yourself "both are the same result, no difference just splitting hairs communism has a greater stigma but the both have the same result" so I am not sure what you are trying to say but when I said "If I am not mistaken, when you say communism you are referring to socialism" you could of said I WAS mistaken and prove me wrong but you said they are the same.

Interesting that we believe what we choose to believe. 

Human nature brother, EVERYTHING you do is a choose, even what you believe, let me know what you do that is not a choice you make?
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« Reply #29 on: October 29, 2007, 11:57:47 PM »

I am guessing that you have watched the video, and that by your statement, "that you know first hand", that you have had personal dealings with Wal-mart.  I can not tell by your post if that was a positive experience or a negative since there are no specifics as to what you are referring.  I make no assumption about you personally, I do however take issue with the accuracy of the information that is being presented, and the willingness for people to take at facevalue with out looking at other sources, and information that paint a different store.  Many people take what ever is given to them first as the truth, and no additional effort unless someone gives them the otherside of the story.  My statement that communism and socialism are the same. 
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both are the same result, no difference just splitting hairs communism has a greater stigma but the both have the same result.
  I made the statement both are the same result, not that they are the same.  You can cut your meat with a fork, or a knife, the result is the same, meat cut but a fork and a knife are not the same, same principal.

I have not seen anything in the video about contracts and there effects on family, so I am not sure what you are referring to and how that effects the topic of the information that was covered in that video. other than you personal experience.

As far a human nature being an argument for our choices or our actions, human nature is the bare minimum we can expect from each other as humans but by no means where we should leave the level of expectation from each other.  My statement about choice was not an indication that we do not make choices and that we all do it, only that many stop short in looking at facts, refuse to acknowledge that there could be another perspective that is different and that the truth most likely lies some where in the middle.  There are things in everyones life that are not choices.  Of the things we do have choice over there is a bad choice, and a good choice, None of us hit the mark all of the time, if we were to hold ourselves to the same level of accountability that we expect from others, things would be different.  I am sure that as in any business Wal-mart has made mistakes, I am sure that you have as well.  Maybe some that have effected other people, employees, community etc.  It is a part of doing business, when mistakes are made, an effort must be made to correct, continued mistakes will end in failure. There are so many points that are skewed in this representation that it would take more time than I have to address them all.  You are certainly entitled to your opinion.  I look forward to your response.  It has been interesting to say the least. 

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All I will say AS A BUSINESS OWNER.... I could in a few months or a year put everyone of my competitors out of business but I will never do that.

It must be liberating to go to work on a daily basis knowing that you have that kind of security and that you could not be threatened by the competition.  I do not have that luxury.

Florida Community Impact 
Last Modified: Monday, October 22, 2007 
Real Estate
As of September 2007, Wal-Mart's presence in Florida includes:
Supercenters: 151
Discount Stores: 44
Neighborhood Markets: 16
Sam's Clubs: 40
Distribution Centers: 7
Average store size (national average)
Supercenter: 185,000 sq. ft. with approx. 142,000 items
Discount Store: 101,000 sq. ft. with approx. 120,000 items
Neighborhood Market: 41,000 sq. ft. with approx. 29,000 items
Sam's Club: 130,000 sq. ft. with approx. 5,500 items
 

 
People
As of October 2007, the total number of Wal-Mart associates in Florida is 94,949.
The average wage for regular, full-time hourly associates in Florida is $10.76 per hour (Wal-Mart Discount Stores, Supercenters, and Neighborhood Markets). Additionally, associates are eligible for performance-based bonuses.
In recent years, Wal-Mart has contributed four percent of an associate's eligible pay to their combined Profit Sharing and 401(k) Plan.
 
Suppliers
In FYE 2007, Wal-Mart Stores, Inc spent $5,716,647,630 for merchandise and services with 2,844 suppliers in the state of Florida. As a result of Wal-Mart's relationship with these suppliers, Wal-Mart supports 133,154 supplier jobs in the state of Florida.
Supplier figures provided by Dun & Bradstreet.
 
Taxes and Fees
Wal-Mart collected on behalf of the state of Florida more than $790.9 million in sales taxes in FYE 2007.
Wal-Mart paid more than $94.7 million in state and local taxes in the state of Florida in FYE 2007.
 
Community Involvement
In 2006, Wal-Mart Stores and Sam's Club gave $12,798,091 in cash and in-kind donations to local causes and organizations in the communities they serve in the state of Florida. Through additional funds raised through stores and Clubs throughout the state, Wal-Mart contributed and raised a grand total of $19,099,648 as a result of its presence in Florida.
Florida's 2007 Teacher of the Year is Terry Porter from Markham Woods Middle Schoo in Lake Mary.
 
This is just some of the information out there that tells the other side of the story, its not all bad, if you look you will find tons of other information as well.  If you choose to. 

You now have the floor. I wish you continued success and  I enjoyed the debate


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« Reply #30 on: October 30, 2007, 08:30:52 AM »

I love this last post,,,,,I'm gonna use that with my boss who hates walmart ;-)

maybe I'll make comparisons to his business ;-)

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« Reply #31 on: October 30, 2007, 08:45:49 AM »

WAL MART,                              SAVE MONEY-LIVE BETTER Grin
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IXIswamperIXI
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« Reply #32 on: October 30, 2007, 08:46:02 AM »

I will try not to ramble on LOL Yes I have had personal experience with wal mart, without getting 10 pages long I will try to explain really short.  A gentlemen (I will not say who) sold his product to wal mart one year, things were great, wal mart bought and for 5 years bought at a higher level every year growing and growing then wal mart found a competitor to make this same product over seas for 1 cent cheaper (yes 1 cent) and if he couldn't beat it they were going over seas. This gentlemen had lowered his price every year (as per wal mart) now couldn't lower anymore.  Trying to figure out a way to work this out this gentlemen had a meeting with wal mart.  Wal mart then told him you have 3 boys (1 in elementry,2 in middle) maybe they could help out, how about lowering your work force, also told him he did not have to pay as much benefits as he did. (among many other outlandish things) Now this gentlemen decided his boys need an education more than he need wal mart, thus he went out of business and lost everything, his house, his marrage, his property, and soon his life.  One thing I can say he should have never put all his eggs in one basket.  

If there is any good out of this my employees get 100% benefits that I pay with blue cross.  I take VERY GOOD care of my guys.

I said earlier it doesn't affect me now, that is true, but it did affect me then.  You know all aside most everyone can only take the info you get at face value.  Statistics and so called facts can be misconstrued either way good or bad.  For every good statistic you can find a bad one so what can you believe? Who knows?  I much rather see people taking sides (as we have) than sitting back and doing nothing.  I have A LOT more respect for someone who has taken sides as you and I have.  

I made the comment about putting everyone out of business, believe me it is not liberating, even if I wanted to put them out of business LOL I couldn't afford it.  

The donation part of wal mart doesn't tell me a whole lot without knowing what they net in the state.  12mill is a lot to me and you... well at least they are donating something.
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Ida_Mann
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« Reply #33 on: October 30, 2007, 08:56:41 AM »

I'll say this about the donations, I happen to have a fairly high-up connection to Target and know that for Florida, they donate close to $2M to local charities,,,,,per week.

but hey, if I ever own my own business, I would never want to be judged by what I give to charity because I'm not sure I would find many that I felt were worthy, way too much administration costs out there for the charities in my book.

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