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View Diary: No thanks to Walmart (145 comments)

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  •  Has anyone on this thread explored (2+ / 0-)
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    AlexDrew, Treetrunk

    the difference between a privately held business and a publicly traded business?

    According to Forbes magazine of the 27 million businesses in the US only 1% are publicly traded on a stock exchange.

    So what does this tell me? Companies like walmart are outliers. And that even takes into account that koch industries is privately held. And for those who post on Daily Kos who want Hillary to run for president, she was a corporate lawyer on the board of walmart during the time her hubby was governor of Arkansas. She developed many of the policies and procedures followed by walmart today.

    The walmartization of the US has been a bad thing. It didn't happen overnight and it won't be reversed overnight. I live in northwest Arizona. It is rural in nature although there are 2 Safeways, a K-mart, and a Smith's including a walmart supercenter. Walmart drove Albertson's out.

    Just like any consumer I try to find wholesome food at a decent price. Sometimes that is at walmart, sometimes at one of the other markets. The problem is with consumers who have drank the kool-aid and think walmart is the greatest thing since sliced bread. It's obviously not. It's a curse.

    Knowledge is Power. Ignorance is not bliss, it is suffering. If you like hypocrite Obama, you'll love hypocrite Hillary.

    by harris stein on Sun Nov 24, 2013 at 11:03:54 AM PST

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