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To: Joe Bfstplk

This article is pure BS. It tries to state that Wal-Mart is an innocent victim who is sold Chinese goods against their will.

Wal-Mart seeks out Chinese goods. Period.


43 posted on 05/03/2006 12:50:02 PM PDT by CodeToad
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To: CodeToad
Wal-Mart seeks out Chinese goods. Period.

Wal-Mart seeks out cheap goods. Because that's what their customers want.

45 posted on 05/03/2006 1:00:59 PM PDT by ThinkDifferent (Chloe rocks)
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To: CodeToad
Wal-Mart seeks out Chinese goods. Period.

To misquote a line "Wal-Mart is the best of capitalism, and the worst of capitalism."

The real villain here is the U.S. Government in this case Bill Clinton's administration. Opening trade with China through the WTO seemed like a great chance to sell goods to the Chinese. The reverse is true as the current 250 billion dollar trade deficit shows.That administration also failed to control the inflation rate that drove all the U.S. economy higher.

Wal Mart has forced most of the companies that do business with them to build overseas plants to compete in their marketplace. By doing so, Wal Mart destroys high paying jobs while replacing the work force with their low pay positions.

You also need to learn the first (leader) price policy that Wal Mart practices. The advertised price for a particular toaster oven may be lower that other stores but the remainder of the toaster ovens are the same costs or more than others.

Wal Mart turns a higher profit because of the off shore products and its ability to buy mass quantities and control the manufacturing.

140 posted on 05/05/2006 1:42:10 AM PDT by im4eagles (and the eagles shall soar above)
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