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Wal-Mart agrees to pay workers up to $640 million
http://finance.yahoo.com/news/WalMart-agrees-to-pay-workers-apf-13910577.html ^ | December 24, 2008 | Sarah Skidmore

Posted on 12/24/2008 6:39:19 AM PST by rightinthemiddle

PORTLAND, Ore. (AP) -- Wal-Mart Stores Inc., the world's largest retailer, said Tuesday it will pay as much as $640 million to settle 63 lawsuits over wage-and-hour violations, ending years of dispute.

(read more at link...excerpted AP article)

(Excerpt) Read more at finance.yahoo.com ...


TOPICS:
KEYWORDS: aflcio; extortion; labor; payoff; rats; samwalton; shakedown; tort; unions; walmart; walton
More crap from the AP. From the article:

Wal-Mart labor critics welcomed the settlement but said it gives no indication the company is changing its ways. Wal-Mart Watch Executive Director David Nassar said many workers still suffer mistreatment.

(snip)

"If these millions of workers had been allowed union representation, they never would have had to hire lawyers and wait years to get their paychecks," he said.

Nassar and others said Wal-Mart, which has GOP ties, is settling the cases before the new presidential administration takes over.

1 posted on 12/24/2008 6:39:19 AM PST by rightinthemiddle
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To: rightinthemiddle
Penn & Teller addressed Wal-Mart on their show Bullsh!t.

P&T - Bullsh!t - Wal-Mart
(YouTube Video Playlist, 3 Videos, apx 30 minutes in total length)

"Wal-Mart hatred is bullsh!t."

2 posted on 12/24/2008 6:48:08 AM PST by CE2949BB (Fight.)
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To: rightinthemiddle

Personally...I do not understand why some conservatives love Wal-Mart. They seem to have monopoly on retail...its almost like the state having monopoly on all retail in the old Soviet Union.

Low prices can be achieved thru competition...a much better model than Wal-Mart “lets ship the manufacturing to Commie China”. There will come a day when Wal-Mart’s model of cheap will come crashing down....Commie China has to close factories....and will suffer a decline in population


3 posted on 12/24/2008 6:50:01 AM PST by UCFRoadWarrior (Always question the patriotism of any Globalist)
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To: rightinthemiddle

GOP ties, that would likely be former Hillary Clinton as a board member. How quicly the so-called news reporters forget history.

Demonize your enemies applies here. Walmart is the perfect ‘card check’ candidate.


4 posted on 12/24/2008 6:50:28 AM PST by Tarpon (America's first principles, freedom, liberty, market economy and self-reliance will never fail.)
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To: rightinthemiddle

Snort. How much of that 640 mill will go to the lawyers....?


5 posted on 12/24/2008 6:55:34 AM PST by mewzilla (In politics the middle way is none at all. John Adams)
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To: UCFRoadWarrior
[Walmart] seem to have monopoly on retail...

Not even close. The Sherman Act defines a monopoly in such a way that a single sell must have 67% of the market. As to supporting the Commies, true, Walmart throws them a lot of business. However, if you're following what's going on inside China, this new-found wealth in China is posing severe problems to the Communist model. Finally, I'm tired of seeing union commercials that infer I'm a bad person for buying at a store that sells more cheaply than other stores. Trust me, the union's not going to help domestic companies compete in the world market, and that's what the current economic system is all about.

In my mind, I fail to see much difference between the unions' model of labor fighting management and the Communist model of the the proletariat (worker) fighting the bourgeoisie (management).

6 posted on 12/24/2008 7:22:46 AM PST by econjack (Some people are as dumb as soup.)
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To: UCFRoadWarrior

monopoly? Where do you live? There is a world of shopping out there.


7 posted on 12/24/2008 7:24:28 AM PST by bmwcyle (McCain had no honor when he failed to defend Sarah Palin, Leno was not enough)
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To: Tarpon
Walmart is the perfect ‘card check’ candidate.

Along with the foreign auto companies with plants in this country. Rather than loosen their grip on Detroit they want to force the competition into similar straight jackets.

They, the Left, always champion equality of outcome and, unfortunately, that outcome is always worse.

8 posted on 12/24/2008 7:29:15 AM PST by Mind-numbed Robot (Not all that needs to be done needs to be done by the government)
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To: rightinthemiddle

Wal-Mart has probably figured they can just pay these people off and that will be it. They are sorely mistaken. These rapacious trial lawyers and labor unions will stop at nothing. Wal-Mart better be at the forefront of stopping union card check legislation.


9 posted on 12/24/2008 7:30:36 AM PST by St. Louis Conservative
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To: mewzilla

I’d say a solid 30% ($192 million).


10 posted on 12/24/2008 7:31:43 AM PST by St. Louis Conservative
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To: econjack
If Walmart was union they wouldn't be much of a bargain, and the
Pelosi/Reid's would be demanding they drive plastic peddle cars to
beg for a bailout.
11 posted on 12/24/2008 7:31:52 AM PST by MaxMax (I'll welcome death when God calls me. Until then, the fight is on)
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To: MaxMax
If Walmart was union they wouldn't be much of a bargain, and the Pelosi/Reid's would be demanding they drive plastic peddle cars to beg for a bailout.

Actually, Pelosi and Reid have backpeddled (no pun intended) on the plastic peddle car. Now they're pushing for a car powered by two gerbils. Who knows, now that they have the auto companies beholding to them, they can probably pull it off.

12 posted on 12/24/2008 7:51:52 AM PST by econjack (Some people are as dumb as soup.)
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To: econjack
Now they're pushing for a car powered by two gerbils.

Barney Frank will want to own several of these.

13 posted on 12/24/2008 8:19:40 AM PST by Disambiguator
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To: econjack; UCFRoadWarrior; All

A lot of companies get their stuff from China.. Even the mom and pop stores.


14 posted on 12/24/2008 8:35:18 AM PST by KevinDavis (Thomas Jefferson: A little rebellion now and then is a good thing)
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To: UCFRoadWarrior

Wal-Mart has done some very innovative things to help keep costs lower, not only for them, but some of the manufacturers they work with. These are two “classic” I have heard over and over.

The stocking system can automatically tell a company like Proctor and Gamble that store X has so many units of a product such as Tide available and they are selling at Y rate. This allows P&G to send appropriate amounts of Tide to store X at certain times, reducing over production and storage.

The also got deoderant manufacturers to eliminate the cardboard boxes deoderant was sold in. This save millions in shipping costs for Wal-Mart and probably saved the deoderant manufacturers millions in manufacturing.

On a side note - Wal-Mart also hires a lot of people that otherwise wouldn’t have a job opportunity. There are some out there that need to prove that they can show up and work for a set number of hours for six consecutive months before moving on to something else.


15 posted on 12/24/2008 9:11:09 AM PST by PrincessB ("I am an expert on my own opinion." - Dave Ramsey)
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To: rightinthemiddle

Walmarts a good company - no one is forced to work there. Why don’t the union cry babies try to bankrupt someone else for a while?


16 posted on 12/24/2008 9:14:53 AM PST by GOPJ (Gun Control-:- like trying to control stray dogs by neutering veterinarians.- G. Jonas)
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To: rightinthemiddle

A lot of retail stores an restaurants in my area have employees doing work before clock in and after clock out. It’s a common practice in low income areas. My opinion is that stores caught doing this should be closed down and liquidated on the second offense.


17 posted on 12/24/2008 9:24:02 AM PST by mysterio
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To: PrincessB

One of the principles of lean manufacturing is incorporating lean back through the supply chain and forward to the seller. Everyone benefits from leaning and streamlining.


18 posted on 12/24/2008 9:29:10 AM PST by Straight Vermonter (Posting from deep behind the Maple Curtain)
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To: mysterio

>>A lot of retail stores an restaurants in my area have employees doing work before clock in and after clock out. It’s a common practice in low income areas. My opinion is that stores caught doing this should be closed down and liquidated on the second offense.<<

It depends on what the employee is doing during the time he/she is being paid.

My sister worked at a “Manners” (Big Boy in Ohio) as a Carhop in the 70’s. They were given so much time after the place closed to clean everything up. She wasn’t getting home until 3am. My parents had a fit and spoke to the manager. He explained the policy.

My dad drove over one night and watched what was going on. Her shift ended at midnight and they had an hour to clean. What he found was a giant party going on. Instead of telling her, he went back to the manager who agree to let him come into the business at closing. My dad then informed my sister that she would no longer be driving to work.

Funny thing, it then took an hour, under the watchful eye of my dad, to get the work done. With the threat that he would be back at any time, those workers never worked “off the clock” again.


19 posted on 12/24/2008 9:55:40 AM PST by netmilsmom (Psalm 109:8 - Let his days be few; and let another take his office)
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To: KevinDavis
We stop by Lehmans Hardware (http://www.lehmans.com/) 2-3 times a year. It's in Amish country.
I will guess the majority of what they sell is foreign made.
There's more in the store than on their site.

Much, if not most, from China.

We usually buy something for the kitchen (some real good stuff there) and different varieties of popcorn.

20 posted on 12/24/2008 10:23:13 AM PST by ShiftyKnuckler (I am voting for CHANGE in 2012!!)
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To: rightinthemiddle
"...Nassar and others said Wal-Mart, which has GOP ties..."

Senator Hillary Clinton was on the Wal-Mart board for many years. Is she a Republican?

21 posted on 12/24/2008 10:58:33 AM PST by 2ndDivisionVet (Barack Obama: In Error and arrogant -- he's errogant!)
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To: rightinthemiddle
Riiiiight.

639,999,000 dollars will go to the lawyers who brought the lawsuit and the 63 Wally World employees will split the remaining thousand dollars.

22 posted on 12/24/2008 1:47:31 PM PST by Texas Eagle (Who'll save the world from those who think only they can save it?. -- Ashleigh Brilliant)
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To: UCFRoadWarrior

This is why I believe there is no single meaning in conservatism. Free market, one element of American conservatism, would want people to find cheap labors, regardless patriotism or other ‘conservative’ ideologies. China offers that so American manufactures buy from them.


23 posted on 12/24/2008 10:55:54 PM PST by paudio (Conservatism is a word with various meanings. To win, we need unified issue and message.)
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