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To: ksen

Sorry - I couldn’t get past the first few lines of insults. Generally that indicates to everyone that the person making the insults has nothing but empty rhetoric upon which to base his or her case. That is definitely the case here.

Your first paragraph alone suggests that you’re not even willing to give WalMart a profit margin of 3.75%. I’m not going to even bother fact checking your numbers. If you think there’s many employers willing to provide services and jobs at a lower profit margin, you’ve clearly never been in business or it’s a good thing you got out when you did. The rest of the post is equally unworthy of attention.

Except for the Dickens remark. That was cute.


34 posted on 11/27/2012 12:28:02 PM PST by FateAmenableToChange
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To: FateAmenableToChange

ksen thinks its exploitive that WalMart has a profit of about 3 pennies on every dollar (aka the lib talking point that WalMart makes $15 Billion in profit)

http://ycharts.com/companies/WMT/profit_margin

ksen should brainstorm his own business plan and keep less for all his efforts and of course pay workers what they “need” ... in ksens “MoveOn.mart” his employees can bring in their mortgage and rent stubs, food bills, utility bills, cellphone bills, car payments etc

then he can figure out how much to pay each one

and of course in addition to ksen’s main concern of taking care of employees’ living costs, he’ll want to spend a bityof his time and energy figuring out how to offer a shopping experience that will drive the volume of sales he needs to keep MoveOn.mart in business and growing for customers and stockholders and employees...

because management of these issues at WalMart really is just done by a bunch of bloodsucking exploiters


37 posted on 11/27/2012 1:11:20 PM PST by silverleaf (Age Takes a Toll: Please Have Exact Change)
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To: FateAmenableToChange
Sorry - I couldn’t get past the first few lines of insults. Generally that indicates to everyone that the person making the insults has nothing but empty rhetoric upon which to base his or her case. That is definitely the case here.

Aw c'mon, there was maybe one insult in the beginning and it wasn't even directed at you personally. ;)

Your first paragraph alone suggests that you’re not even willing to give WalMart a profit margin of 3.75%. I’m not going to even bother fact checking your numbers. If you think there’s many employers willing to provide services and jobs at a lower profit margin, you’ve clearly never been in business or it’s a good thing you got out when you did. The rest of the post is equally unworthy of attention.

I went and did some more digging and WalMart's EBITDA averages around 8% which is seems to be in line with other retailers like Target. WalMart is still not a business to be glorified, despite stories like Vigilanteman's above which seems to be out of the norm compared to what I've been reading recently. They ruthlessly come into a community and drive out businesses that were able to pay a more livable wage and then drive down wages as much as possible to the point where the government has to subsidize their workforce. Not to mention the many other circumstances of the mistreatment of their workforce, i.e. withholding of overtime pay, etc.

WalMart's best defense against the emergence of a union is to treat their employees better and more equitably. They have the means to do it they just choose not to.

Except for the Dickens remark. That was cute.

:hug:

38 posted on 11/27/2012 1:17:55 PM PST by ksen
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To: FateAmenableToChange

You can’t fact check lies written in lame stream news sites and brought up by union-thug organizations.


45 posted on 11/27/2012 4:13:37 PM PST by Fledermaus (The Republic is Dead: Collapse the system. Let the Dems destroy the economy!)
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