You love them and you know it!
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Justin - No need to get so confrontational. This is just suppose to be a friendly little chat about what people think about Wal-mart, or what that have heard, seen, or read about them. No one opinion is Right, Wrong, or Indifferent; we are all entitled to our own opinion.
Personally I hate Wal-Mart, as I have been an employee so I know what they are cappable of. Mikey wants to pee on them if I remember correctly, but my friend that works for them at Corporate loves them, so it all good.
Perhaps I should have been more clear in my initial post to get my point across a little better and said "here's another reason for people to hate the Walmart Corporation". I'm not a Walmart hater, never said I was, never came out against them, I merely said what they were doing was wasteful. You made assumptions and ran with them and began insulting fellow members .............
Yet another reason to hate the Walmart Corporation.
I'm sure the WM Haters will pipe in now...
Here's another way that Walmart keeps prices low for us. Raising Walmart's minimum wage to $10 an hour would net the Walmart employees living at 200% below the poverty level an annual an increase of between $1020 and $4640 in their incomes. That would be nice and all, but my heavens it would cost the average Walmart customer $9.70 a year!!!! Thank GOD that Walmart can squeeze so much out of their employees for less than $8 per hour....just one more way that they are saving the world by offering discount Cheetos.
I never said that Walmart was evil, or that their giving had anything to do with goodness or evilness in any way.
If we're going to use giving as an indicator of goodness - which is flawed thinking anyway - then I thought it should benchmarked against their closes peer - Target - and the only way to compare that benchmark of relative goodness is by looking at who dug the deepest into their own pockets (and not the pockets of their employees and customers).
Another way of looking at those numbers is to say that Walmart earned nearly 9 times what Target did in 2007, yet Target returned nearly 5 times as much of their percentage of earnings to the communities they operate in...It doesn't begin to compare to the benchmark set by their corporate peers.
How noble of them to give about 1.5% of their income to charitable causes. We should all live like WalMart...
5% seems to work out well for Target
Otherwise we could just as easily say "Walmart is not evil - they intentionally did not kill any babies in 2007. They even have policy saying that they do not kill babies."
I think Name's point is that it's not the absolute dollar amount, but a proportion of the whole.
I wonder what percent would have made you happy? 5%? 10% 50%??? "Heck, that's still keeping $10 Billion for themselves! What a bunch of A-holes!" Thanks for proving my point.
5% seems to work out well for Target.
Did you actually read the first paragraph of that article? Walmart gave $296 million.
Walmart employees and customers raised or donated the balance of that $470 million.
How noble of them to give about 1.5% of their income to charitable causes. We should all live like WalMart.
Like I said before - it really doesn't matter what WM does. The Wal-Mart haters in our midst will bash them regardless of what they do.