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The Wal-Mart Trade-off
Dallas Morning News ^ | June 25, 2005 | Rod Dreher

Posted on 06/26/2005 10:15:31 AM PDT by kellynla

When I was a kid growing up in a small Louisiana town, there was exactly one place to buy groceries: Gerald's. It was properly called the Red & White, but nobody ever used the store's proper name. Gerald was the town grocer, and the word people used to refer to the place reflected their relationship to it. It was personal, not merely commercial.

(Excerpt) Read more at dallasnews.com ...


TOPICS: Business/Economy; Extended News
KEYWORDS: business; buymorejunk; chinamart; economy; itscrapjustbuyit
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And the Supremes ruled this week that Chairman Mao's General Stores can take your home to open another store. Lenin's "sell them enough rope and capitalists will hang themselves" theory was incomplete. As China may have figured out, you have to sell them the rope on credit to really hang the little piggies high (or, at the very least, to keep the protectionist wolves at bay). Now the Chicoms want to buy UNOCAL too. And with the Chicoms already at our back door in Panama, I wonder where I put that "Chinese For Dummies" book???
1 posted on 06/26/2005 10:15:31 AM PDT by kellynla
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To: kellynla; Mrs. Don-o
Dreher ping

Thanks for the post. Rod is good on about anything he put his hand to.

I don't see much of him anymore since he left National Review. Recall that he was writing a book. Maybe that's it.

2 posted on 06/26/2005 10:18:53 AM PDT by don-o (Don't be a Freeploader. Do the right thing and become a Monthly Donor!)
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To: kellynla

Article is a bunch of clap-trap. Shopping at "mom-and-pops" does nothing to keep jobs in America. Gerald gets his groceries from the same place as Wal-Mart and Piggly Wiggly.


3 posted on 06/26/2005 10:20:24 AM PDT by SamAdams76 (Old enough to know better, still too young to care)
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To: kellynla
Please let me be the first to say:
4 posted on 06/26/2005 10:20:40 AM PDT by Diana in Wisconsin (Save The Earth. It's The Only Planet With Chocolate.)
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To: kellynla
I was watching C-Span last week (I am living an action packed life) and a Congressman from Michigan asked Greenspan if we aren't misguided in trading with China at current levels. He pointed out that all of our economic models are not based on trade with totalitarian governments. He further asked if the chairman thought that instead of China looking more like us due to free trade, couldn't we end up more like them.

The Chairman didn't have a response.
5 posted on 06/26/2005 10:25:10 AM PDT by lt.america (Captain was already taken)
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To: SamAdams76
Gerald gets his groceries from the same place as Wal-Mart and Piggly Wiggly.

But Gerald has to pay MORE that Wally does.

6 posted on 06/26/2005 10:25:40 AM PDT by don-o (Don't be a Freeploader. Do the right thing and become a Monthly Donor!)
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To: don-o

Ive got some serious problems with Wal mart myself.


7 posted on 06/26/2005 10:30:46 AM PDT by cripplecreek (I zot trolls for fun and profit.)
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To: don-o

"But Gerald has to pay MORE that Wally does."

And Gerald probably didn't send his workers to the local welfare office after he hired them to try and get health care and food stamps on the tax payers dime (probably didn't allow contractors to hire illegals to clean his stores either).


8 posted on 06/26/2005 10:31:43 AM PDT by lt.america (Captain was already taken)
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To: SamAdams76

Gerald could probably buy his product from WalMart cheaper than he does from the distributors.


9 posted on 06/26/2005 10:39:05 AM PDT by malia
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To: lt.america; cripplecreek; don-o
I wonder what Greenspan would recommend if Beijing decided to make a huge cash offer for Wal-Mart. Would he just sit there on his hands again, slowly sucking his cud?

Of course, that might be too straightforward for the commies in Beijing. They like playing Sun Tsu games. But they still might pay cash for Wal-Mart, or Sears or J. C. Penny. That would be welcomed by most people because it would 'eliminate the middle man' for U.S. consumers. We would be dealing directly with the owner of all goods and services produced in that communist nation. It would almost be like living in China but without enduring the terrible heat, biting insects, and the bird flu.

10 posted on 06/26/2005 10:42:28 AM PDT by ex-Texan (Mathew 7:1 through 6)
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To: kellynla
"Chicoms already at our back door in Panama"
 
You need to do some reading about Panama.
 
We gave the canal back to them at the right time.  We had 100 years of managing it while it was a profitable canal.  Now, it needs billions (with a B, Big B) of $$$ of upgrades to continue into the 21st century.  New locks need to be made to accommodate the larger ships, which means larger cuts in the whole canal.  It is going to be extremely difficult for the Panamanian people to come up with the financing for the new canal.
 
If we still managed the canal, we, as U.S. tax payers, would be asked to finance the improvements.  IMHO, we bailed out of the canal at the right time......Bob

11 posted on 06/26/2005 10:43:00 AM PDT by Lokibob (All typos and spelling errors are mine and copyrighted!!!!)
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To: kellynla
More silly Wal-Mart bashing, oh the poor Mom and Pop stores, are going down the tubes, boo hoo. Since when do employees get ahead in some Mom, and Pop shop? Jr. graduates High School or College, and becomes you new boss. I also don't understand why China's run to capitalism has so many in a full anal clutch? Do you really think China is out to destroy it's largest market? Oh and by the way the same cheap Chinese goods at Wally world are also at K-mart, Sears, Circuit city, and Target.
12 posted on 06/26/2005 10:48:50 AM PDT by JABBERBONK
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To: kellynla
If you try to sell Huffy bicycles against Walmart, you will get creamed. But look within 5 miles of almost any Walmart and you will find bike shops - they just don't sell Huffy bikes, they sell more expensive and specialized bikes.

Most Walmarts are not business killers, they are business MAGNETS. Open your eyes and you'll see plenty of businesses right next to the Walmart, and they are doing fine.

Even a Mega-Walmart only has about 300,000 square feet. There are plenty of items that Walmart does not sell. If you have a head on your shoulders, you avoid Walmarts items and sell others. Walmart is a net-positive for any community in which it locates.

13 posted on 06/26/2005 10:54:43 AM PDT by keithtoo (Howard Dean's Democratic Party: Traitors, Haters, and Vacillators)
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To: kellynla

Wallmart is one of the best things to ever happen to America. People save more money which they spend on other things for their family. The poorest people are helped the most, not the least.

The only way you can stop it is by expanding government, which always hurts everyone. The only way Wallmart can get an unfair advantage is by expanding government (scotus decision), which always hurts everyone.

My advice to the person writing this aritcle - stop whinning and shrink government!


14 posted on 06/26/2005 10:55:00 AM PDT by traviskicks (http://www.neoperspectives.com/scotuspropertythieving.htm)
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To: ex-Texan
I wonder what Greenspan would recommend if Beijing decided to make a huge cash offer for Wal-Mart. Would he just sit there on his hands again, slowly sucking his cud?

Of course, that might be too straightforward for the commies in Beijing. They like playing Sun Tsu games. But they still might pay cash for Wal-Mart, or Sears or J. C. Penny. That would be welcomed by most people because it would 'eliminate the middle man' for U.S. consumers. We would be dealing directly with the owner of all goods and services produced in that communist nation. It would almost be like living in China but without enduring the terrible heat, biting insects, and the bird flu.

I didn't realize how low Wal-Mart's market capitalization is: it's only $200 billion at $47 per share. China could indeed afford to buy Wal-Mart, lock, stock, and barrel -- and I think that would be cheaper than building a faux Wal-Mart (call it "China-Mart") on their own. And on the face of it, it would be a good investment since Wal-Mart runs a tight ship with good technology, and as you say, it would remove the major middleman for China.

15 posted on 06/26/2005 10:55:36 AM PDT by snowsislander
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To: lt.america
And Gerald probably didn't send his workers to the local welfare office after he hired them to try and get health care and food stamps on the tax payers dime . . .

There are plenty of things to criticize Wal-Mart for, but this isn't one of them. When Gerald's was the only grocer in town, food stamps and taxpayer-funded health care were almost nonexistent. If they were around back then, I'm willing to bet that most of Gerald's employees would have been using them.

16 posted on 06/26/2005 10:57:29 AM PDT by Alberta's Child (I ain't got a dime, but what I got is mine. I ain't rich, but lord I'm free.)
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To: JABBERBONK


That's very true. Anyone who has ever worked for a mom-and-pop shop knows that, despite any affection you may have for the owners - and they're not always good bosses - you will make very little money and have almost no future employment prospects working for a family-owned small business.


17 posted on 06/26/2005 10:57:39 AM PDT by keithtoo (Howard Dean's Democratic Party: Traitors, Haters, and Vacillators)
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To: Lokibob

ohhhh, and you don't think that when the time comes that we won't be saddled with doing the repairs?

maybe you are the one who needs "to do some reading about Panana!" LMAO


18 posted on 06/26/2005 10:58:29 AM PDT by kellynla (U.S.M.C. 1st Battalion,5th Marine Regiment, 1st Marine Div. Viet Nam 69&70 Semper Fi)
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To: JABBERBONK
It the same old, same old liberal dogma claptrap. The "mystique" of the mom-and-pop shop as featured in the Norman Rockwell coffee-table art books that populate the coffee table of so many Starbucks latte-sipping liberal elite snobs.

Well I remember the mom-and-pop shops and let me tell you, nobody ever got rich in them except maybe "mom-and-pop" themselves, at the expense, of course, of their "slave-labororers", many of which who worked under the table for less than what passed for minimum wage at the time.

Yes, it's true. I remember working for a mom-and-pop variety store myself back when I was 14 or 15. Owner asked me if I wanted to man the penny-candy stand on Saturday and Sunday afternoons and that I did, for the grand sum of a bag of licorice fishes or flying saucers (the wafers that contained those little candy balls). So I did, being the serf-in-training that I was at the time. And yes, back then, I could be easily bribed with a sack of free penny candy. And guess what? I didn't belong to a union, I didn't get health benefits and if I wanted to come to work dressed like a girl with earrings and bracelets and a George Michael WHAM! T-shirt (like they come dressed to work at Starbucks these days), I would have been thrown out on my sissy ass.

Yes, I remember the days of mom-and-pop shops. My mother used to drag me shopping every Saturday morning for hours and hours as she went from store to store to store, only to be told "ain't got that" or "we'll have to special order" by surly clerks who were very disturbed by the fact that we interrupted their reading of Mad magazine at the counter. Ah yes, the fabled mom-and-pops. Those were the days. Give me a break.

19 posted on 06/26/2005 11:10:22 AM PDT by SamAdams76 (Old enough to know better, still too young to care)
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To: JABBERBONK
I went to a Military Celebration last night, honoring our Vets and drumming up support for the wounded..

One of the sponsors was...WalMart.

20 posted on 06/26/2005 11:11:38 AM PDT by No Blue States
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