Dutch Pension Plan Blacklists Walmart

[redeyezman]

http://www.advisorone.com/2012/01/06/du ... ts-walmart

I call on all Europeans, and Americans alike to recognize how important it is to have small community economies! Walmart isn't anywhere near the cheapest. Most shit I need I can get used, in great condition, half the price.

[Uncle Ron]

Thanks for the post redeyesman.

This from Wiki, take with a dram, grain, or gram...
Revenue increase US$ 421.849 billion (2011)
Operating income increase US$ 25.542 billion (2011)
Net income increase US$ 15.355 billion (2011)
Total assets increase US$ 180.663 billion (2011)
Total equity decrease US$ 68.542 billion (2011)

Although I applaud Algemeen Burgerlijk Pensioenfonds (ABP) for taking a stand against, their $121mio investment won't make a significant difference, even with the publicity. Look at the numbers above.

In the interim, between now and forever, it will be business as usual for WalMart and the rest of the greedy capitalists everywhere.
Human rights, meh, who needs them?! Always getting in the way of good business. (sarcasm)

Boycott Wal-Mart, absolutely. Easy for me, they don't exist in Germany anymore. Something about workers compensation, hourly wages, etc..., that the gang in Bentonville didn't like. They were loosing money the minute they opened the doors. Didn't take all that long to shut, less than 5 years.

Even if Wal-Mart were to close all but its North American stores, they would still be a mega billion dollar organization with global influence. As long as there is an incentive to make money, capitalists will use their influence to ensure they (Wal-Mart or any organization) are to remain in business.

Maybe it's time that the Hen's come home to roost, maybe...

[redeyezman]

You are right. They are huge. So was Microsoft. Everyone forgets about time. The one thing they cannot control is time passing. Over time everything will add up. Even if we just get them to the point of being forced to upgrade practices and policies.

[Marco]

You are right. They are huge. So was Microsoft. Everyone forgets about time. The one thing they cannot control is time passing. Over time everything will add up. Even if we just get them to the point of being forced to upgrade practices and policies.

Wait, I thought you wanted businesses to do as they please?

[redeyezman]

You are right. They are huge. So was Microsoft. Everyone forgets about time. The one thing they cannot control is time passing. Over time everything will add up. Even if we just get them to the point of being forced to upgrade practices and policies.

Wait, I thought you wanted businesses to do as they please?

I do, and when they go bankrupt thats it. They are out of business. There is no bailout. I don't want government to attempt to regulate. If we let them all the banks go out of business they would implement their own regulations so they don't go bankrupt again, and if they didn't self regulate they would go out of business again. Then people would start putting their cash in mason jars again (like valuable weed) and they would be cut out entirely.

I also want people to do as they like. I will not shop Wal-Mart/Microsoft because of their business practices. I'm not against hard work, and profit. I will not march in the street and protest capitalism. If you want to that's fine, I have business to attend to so I won't be joining you.

If all you can do is retail work, then work harder, goto school, and learn a trade. If you went to school, worked hard, and still can only get $20k a year when you are worth $100k join the revolution. If you can survive on the kindness of others providing you with food, shelter, safety, and even marijuana then how long do you think the kindness will last? It will last until they feel betrayed and can no longer be nice to you, or until the money runs out whichever comes first. As an able body man, I cannot accept the kindness of others welfare. If you can, then all I can hope is you realize you are not actually taking care of yourself, and bring no other people into the world. Survival of the fittest hopefully will take over from there.

Individuals should be responsible for corporations.

Isn't that the original reasons CEO/Bosses got paid the most? They were the ones taking all the risk. Be it with their life savings opening a small business, or making sure the corporation is in compliance with all anti-trust laws so they don't goto jail.

[Marco]

Its fun to watch you go around after your tail. You do realize you simply contradict yourself, time and time again? You are for businesses doing whatever they please, but you want our 'boarders' closed. Why have borders at all, let the free market regulate the movement of people and capital?

Please put your money in a mason jar, and enjoy your fun with Ron Paul!

[Uncle Ron]

"Quote:
Individuals should be responsible for corporations.

Isn't that the original reasons CEO/Bosses got paid the most? They were the ones taking all the risk. Be it with their life savings opening a small business, or making sure the corporation is in compliance with all anti-trust laws so they don't goto jail."

I didn't want to copy the entire post, so pardon my edit...

Small business owners do take a substantial risk, but not all the risk. Everyone involved is taking a risk of some sort. As for Board Members, what's their risk exactly? Most likely their tenure will be at least two years, at a salary somewhere north of $500,000. Then there are the golden parachutes written into their contract, whether be it stock options or cash or whatever... Now on the other end of the spectrum you have Joe and/or Jane worker. The business goes belly up and they are out of a job. If they are like most, a little savings, a little investment (kids edu., retirement), maybe even own a home (more than likely mortgaged). Mr/Ms Board Member isn't sweating the small stuff, they've got plenty of cash or access to liquid assets. Joe and/or Jane, they are in a panic because of the current recession; the mortgage just increased (bad loan, balloon payments); child needs braces; car needs new brakes; the dishwasher just quit; and the list goes on... Nobodies fault, part of life. CEO's taking all the risk? One look at risk to rewards, just doesn't work, except for those dazzled by the smoke and mirrors...
Compare the two and who really falls the hardest? I for one have absolutely no sympathy for the upper echelons of most corporations.
Snafu of the 00's was when certain automobile executives flew in their corporate jets begging for taxpayer money, and receiving it. Insult to injury.
And the Sheeple Syndrome or Principle or whatever continues on its merry ignorant way...

Wait for it,....

[redeyezman]

As for Board Members, what's their risk exactly?

In honest cases they already took on risk elsewhere. They either risked a decade of time and money turning their small business huge. Those CEO's I'm cool with. The ones that are appointed because they are part of good ole boys club, and just are passing around the wealth.......well that can be fixed by fixing the tax code: