Posts Tagged ‘Wal-Mart’

Looks like even Wal-Mart sees that democrats controlling both branches of Govt is a bad idea.
They too see Obama’s socialist tendencies. Couple that with those of Pelosi and Reid and you have a situation that could very well bury this economy for good.

Sounds great right?

News Link

Wal-Mart Stores Inc. is mobilizing its store managers and department supervisors around the country to warn that if Democrats win power in November, they’ll likely change federal law to make it easier for workers to unionize companies — including Wal-Mart.

In recent weeks, thousands of Wal-Mart store managers and department heads have been summoned to mandatory meetings at which the retailer stresses the downside for workers if stores were to be unionized.

According to about a dozen Wal-Mart employees who attended such meetings in seven states, Wal-Mart executives claim that employees at unionized stores would have to pay hefty union dues while getting nothing in return, and may have to go on strike without compensation. Also, unionization could mean fewer jobs as labor costs rise.

The actions by Wal-Mart — the nation’s largest private employer — reflect a growing concern among big business that a reinvigorated labor movement could reverse years of declining union membership. That could lead to higher payroll and health costs for companies already being hurt by rising fuel and commodities costs and the tough economic climate.

The Wal-Mart human-resources managers who run the meetings don’t specifically tell attendees how to vote in November’s election, but make it clear that voting for Democratic presidential hopeful Sen. Barack Obama would be tantamount to inviting unions in, according to Wal-Mart employees who attended gatherings in Maryland, Missouri and other states.

“The meeting leader said, ‘I am not telling you how to vote, but if the Democrats win, this bill will pass and you won’t have a vote on whether you want a union,'” said a Wal-Mart customer-service supervisor from Missouri. “I am not a stupid person. They were telling me how to vote,” she said.

“If anyone representing Wal-Mart gave the impression we were telling associates how to vote, they were wrong and acting without approval,” said David Tovar, Wal-Mart spokesman. Mr. Tovar acknowledged that the meetings were taking place for store managers and supervisors nationwide.

Wal-Mart’s worries center on a piece of legislation known as the Employee Free Choice Act, which companies say would enable unions to quickly add millions of new members. “We believe EFCA is a bad bill and we have been on record as opposing it for some time,” Mr. Tovar said. “We feel educating our associates about the bill is the right thing to do.”

People really don’t see how damaging Unions have been do they?
Look no further than the Big 3 automakers. Whom are all swimming in pension debt that they are all too eager to get rid of as soon as possible. Its no wonder Detroit is in Shambles and the governor nor the Mayor for that matter have any sort of response other than increase taxes. Like that is the solution?

The bill was crafted by labor as a response to more aggressive opposition by companies to union-organizing activity. The AFL-CIO and individual unions such as the United Food and Commercial Workers have promised to make passage of the new labor law their No. 1 mission after the November election.

First introduced in 2003, the bill came to a vote last year and sailed through the Democratic-controlled House of Representatives, but was blocked by a filibuster in the Senate and faced a veto threat by the White House. The bill was taken off the floor, and its backers pledged to reintroduce it when they could get more support.

The November election could bring that extra support in Congress, as well as the White House if Sen. Obama is elected and Democrats extend their control in the Senate. Sen. Obama co-sponsored the legislation, which also is known as “card check,” and has said several times he would sign it into law if elected president. Sen. John McCain, the likely Republican presidential nominee, opposes the Employee Free Choice Act and voted against it last year.

Wal-Mart’s labor-relations meetings are led by human-resources managers who received training from Wal-Mart on the implications of the Employee Free Choice Act.

This bill is almost CERTAIN to pass with Obama in the white house.
I said it before and I will go on record saying it again.
Obama’s ‘economic’ and ‘social’ plans will destroy the US economy for SURE.
People think things are bad now, wait till the big O gets in there.


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Things are looking grim here folks

News Link

Wal-Mart Stores Inc’s (WMT.N: Quote, Profile, Research) Sam’s Club warehouse division said on Wednesday that it is limiting sales of Jasmine, Basmati and long grain white rices “due to recent supply and demand trends.”

The news comes a day after Costco Wholesale Corp (COST.O: Quote, Profile, Research), the largest U.S. warehouse club operator, said it had seen increased demand for items like rice and flour as customers, worried about global food shortages, stock up.

Sam’s Club said it is limiting sales of the rices to four bags per customer per visit, and it is working with its suppliers to ensure the products remain in stock.

Sam’s Club, the No. 2 U.S. warehouse club operator, said it is not limiting sales of flour or cooking oil at this time.

Costco said some of its stores had put limits on sales of items such as rice and flour, but it was trying to modify those restrictions to meet customer demand.

Food costs have soared worldwide, spurred by increased demand in emerging markets like China and India, competition with biofuels, high oil prices and market speculation.

Rice prices in the United States and around the world have more than doubled in the last year, and U.S. rice futures rose to a fresh all-time high Wednesday on worries about supply shortages.

Trade bans have been put in place by India, the world’s second largest rice exporter in 2007, and Vietnam, the third biggest, in the hopes of cooling domestic prices of the staple. Thailand is the largest rice exporter. (Reporting by Nicole Maestri, editing by Gerald E. McCormick and John Wallace)

The people that wanted ethanol can now scream HOORAY for bringing on a much larger problem than Global Warming would ever have caused. Global Famine was already a problem in places like Haiti and Africa but now with Rice prices ballooning thanks to Global Warming proponents hell bent on stopping something that isn’t there we have prices at $900 per ton. To put that in perspective. Last year in December prices were at $250 per ton.

Food Prices by the Ton

Politicians globally are starting to see the error in their ways.
Britain for example has caps set much like the US did on how much bio-fuel should be used.

Again folk. Politics and Finance all connected.
We never learn and always need a crisis to show us how knee jerk reactions solve NOTHING.

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