| Unions are angry at the high salary of the executives | | | | therefore their actual success against big box stores |
| which have gotten a little out of line especially as the | | | | like Wal-Mart is hampered. After all Wal-mart changes |
| companies are laying off workers and the company is | | | | oil, sells fuel, has a bank inside, restaurant, QSR-Quick |
| not making a profit. However, a man should put in an | | | | Service Restaurant, develops film, has a garden |
| honest day for that which he was hired and that | | | | center, etc. |
| does not mean just showing up and punching the | | | | Now then you understand why Wal-Mart keeps |
| clock but actually providing some real work and | | | | growing and why Sam Walton was a brilliant man, |
| productivity. | | | | basically he studied what worked, the competition, |
| Traveling the country we see closed factories, | | | | the flows, cycles, frequencies, etc.and of course |
| boarded up small businesses which made money | | | | there in Bentonville he collected all the data and |
| selling goods and services to those workers, now | | | | duplicated it over and over again. Who wins? Every |
| downtown is a ghost town, the mills are closed and | | | | consumer that shops there; Sam Walton also said |
| many people have left, the ones remaining have | | | | that he would always purchase American products |
| gone on the public dole and get a small government | | | | first provided that they had equal quality and price. |
| check each month. Who has won? This is what | | | | Good for him? So then this will employ America while |
| people are saying who are against free trade. But in | | | | feeding America right? Well sure enough, how could it |
| free trade all things being equal everyone should do | | | | not? It works, a complete closed loop. Employing and |
| just fine. | | | | supplying like Henry ford use to say, we want to pay |
| Another issue is the imbalance of money flow and | | | | our workers enough so they will buy our cars; we do |
| trade deficit issues where our money flows out and | | | | not need a union. A noble effort and idea shared by |
| does not circulate here, meaning people have less of | | | | the wise. |
| it. Think of it this way. A Wal-Mart goes into a small | | | | Fortunately Sam Walton kept his promise to the |
| town which is a hub for five other towns, the towns | | | | American People and unfortunately the government, |
| try to keep it out, so it goes to the outside of town | | | | legal system and unions did not keep their promises. |
| and no city gets the sales tax revenue share. Then | | | | The government attacked businesses and over |
| the small businesses, which compete for things that | | | | regulated them. The attorneys used this to get a |
| Wal-Mart sells cannot stay in business, so the | | | | double whammy suing class action on top of |
| employees are forced to go to work at Wal-Mart. | | | | governmental regulatory fines which were under the |
| Then people buy from Wal-mart at lower costs due | | | | impression that the should fine the same amount as |
| to economies of scale. Wal-Mart also uses a number | | | | the costs of their budgets to the businesses they |
| of other strategies such as slow pay to vendors | | | | regulated. Meaning even if the business broke no |
| exercising their control on the float of money | | | | rules, they would have to find something to justify |
| payments outward. Do not blame Wal-Mart; Sears, | | | | the existence of the created bureaucracy. Go read |
| Dell and many other large corporations have been | | | | the book; "The Business End of Government" By |
| doing this for decades and are getting better at it | | | | Smoot. "Fountain Head" and "Atlas Shrugged" by Ayn |
| every day. On a micro scale if you can call those | | | | Rand. Read this while you are at it. |
| businesses micro. After all Wal-Mart is 10% of our | | | | Another recent book is: "The Case Against Lawyers" |
| countries GDP and is China's seventh largest trading | | | | By Catherine Crier. By the way Catherine; excellent |
| partner. It employs the most people of any company | | | | book if you ever happen across this page on a |
| on the Planet and even more than the US | | | | search engine, I want you to know I mean that. Also |
| Government. What is being done is the same as the | | | | to illustrate my point I recommend and this one will |
| strategies of those trading partners, which hold up | | | | make you as angry as Smoot's book, but it is correct |
| transactional flow of payments. | | | | and it is a shame for America: "Death of Common |
| Wal-Mart is able to get the labor and pay less by | | | | Sense: How Laws are Suffocating America" By Philip |
| adding benefits again due to economies of scale that | | | | K. Howard. What is shown in this book clearly is not |
| small companies cannot. It would not matter anyway | | | | what was intended by our founding fathers. |
| because small companies cannot compete on price | | | | Recently on C-SPAN, there were two gentlemen |
| without massive co-ops or a franchise system, which | | | | debating free trade one from the CATO Institute for |
| passes on the savings of those economies of scale | | | | free trade. Yet he failed to mention the real problem, |
| to their franchisees. Usually in a franchise which runs | | | | the lawyers, over regulation and government |
| more like that of a governmental structure adds on | | | | bureaucracy. I had to call in and enlighten them on |
| costs for the economies of scale buying and passes | | | | the issues and what is really going on, they seem to |
| it onto the franchisees by taking out the money in | | | | be under the impression that Americans did not want |
| the flow. Some might be critical of this because the | | | | to work in manufacturing jobs? What on Earth was |
| franchisees best interests are not in mind and | | | | he thinking? |