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Posts Tagged ‘walmart’

The Trans-Pacific Partnership (TPP) is a corporate power grab, a 5,544-page document that was negotiated in secret by big corporations while Congress, the public, and unions were locked out.

Multinationals like Google, Exxon, Monsanto, Goldman Sachs, UPS, FedEx, Apple, and Walmart are lobbying hard for it. Virtually every union in the U.S. opposes it. So do major environmental, senior, health, and consumer organizations.

This agreement has virtually nothing to do with trade since tariffs between the twelve nations of the TPP are at historic low. This agreement is really about exporting jobs, raising prices and more bonuses for the 1 percent at the expense of the 99 percent.

The TPP will mean fewer jobs and lower wages, higher prices for prescription drugs, the loss of regulations that protect our drinking water and food supply, and the loss of Internet freedom. It encourages privatization, undermines democracy, and will forbid many of the policies we need to combat climate change.

The worst part is the Investor-State Dispute Settlement provision, which allows a multinational corporation to sue to override any U.S. law, policy, or practice that it claims could limit its future profits. Secret panels of corporate lawyers and corporate lobbyists will decide these cases. Their judgments cannot be appealed, not even to the Supreme Court.

This provision will override your votes on the state and local levels. In other words, President Obama and Wall Street Senator Ron Wyden intend to suppress your voting rights, along with most of the Republican Party led by Paul Ryan, Mitch McConnell and Orrin Hatch.

Though the Obama administration touts the pact’s labor and environmental protections, the official Labor Advisory Committee on the TPP strongly opposes it, arguing that these protections are largely unenforceable window dressing.

On behalf of Wall Street and rich investors throughout the United States, President Obama is planning to call for a vote on the TPP in the US senate and the US House after the elections in November. Obama signed the TPP, a despicable income and political power redistribution scam, months ago. Wall Street Senator Ron Wyden will likely introduce the TPP in the senate. Wyden is Obama’s and Wall Street’s attack dog in the US senate in their war against the middle class. He has voted to redistribute trillions of dollars from the 99 to the 1 percent over the course of the his career in congress.

To learn more about the TPP, check out Citizen’s Trade Campaign, and Public Citizen’s Global Trade Watch, Public Citizen. For labor-specific resources, try CWA, http://stopthetpp.org/, and the AFL-CIO, http://www.aflcio.org/Issues/Trade.

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While Hillary Clinton believes Wall Street is too rich in campaign contributions and speaking fees to fail, Bernie Sanders believes the 99 percent is too big to fail.

While Hillary continues to take money from rich special interests, such as Big Oil, Big Banks, and other tools of the 1 percent in their war against the middle class, Bernie Sanders takes campaign money only from the American people, and the average contribution is $27. Sanders also sells merchandise to help fund his campaign.

In order to fool Democratic voters, Hillary’s campaign has lurched to the center, which is Sanders country. While Sanders has been fighting for the American people, all of them, not just the rich ones, Hillary has been busy supporting legislation that redistributes income from the 99 to the 1 percent, such as the Trans Pacific Partnership, which is a massive income redistribution scam that will rob the middle class to give to the rich. See https://johnhively.wordpress.com/2016/02/12/the-trans-pacific-partnership-the-op-ed-the-liberal-and-conservative-corporate-media-doesnt-want-you-to-see/

Hillary formerly sat on the board of Walmart. Now she merely takes their hundreds of thousands of dollars. See https://johnhively.wordpress.com/2016/03/04/bernie-sanders-on-the-biggest-welfare-recipients-in-us-history-and-guess-who-those-welfare-scammers-gave-over-300000-to-in-a-single-campaign-contrubution/

By the way, Bernie is closing the gap on Hillary in a new poll. He’s down by 12, which is a lot better than being down by 50, like he was last week.

In the video above, Rosario Dawson outlines key differences between a real candidate and Hillary, Wall Street’s darling.

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Bernie Sanders has voiced complaint over the biggest welfare recipients in the USA. Even Charles Koch has complained in concurrence with Bernie. Big business receives billions of subsidies and tax breaks. This goes to ensure CEO raises, and rising corporate profits. In turn, the rising earnings increases corporate dividends and surging share prices, which almost exclusively benefit the rich at tax payer expense. In other words, government subsidies and tax breaks redistribute income from the taxpayers to the rich.

Surging dividends increase the incomes of the rich, while rocketing share prices enhance their wealth, and all at the expense of the 99 percent.

In addition, Walmart employees are paid so little the government must pay out over $7 billion for welfare, food stamps and health care to Walmart employees. This subsidizes the Walton family at the expense of taxpayers on the Federal, state and local levels.

These subsidies are pushing wages down because Walmart would be forced to pay higher wages to attract employees in the absence of subsidies for their employees.

This means the Walton family, perhaps the richest in the USA, is among the biggest welfare recipients in USA history.

Welfare Queen Alice Walton, who ranks #12 in the Forbes 400 with more than $32 billion in personal assets, gave $353,400 to the Hillary Victory Fund — one of the funds backing Hillary’s 2016 presidential campaign. While the donation was made in December of 2015, the record of her contribution wasn’t made public until a week ago.

The corporate news media, which is in the tank for Wall Street’s presidential candidate, has taken great care to not mention this contribution, which might alarm the underlying voting people who intend to vote for Hillary.

This donation comes at a time when the former First Lady and Secretary of State is trying to distance herself from her past, like referring to black youth as “super-predators,” proudly identifying as a “Goldwater girl” in her first foray into politics, and sitting on the board of Walmart for 6 years between 1986 and 1992.

This astonishing six-figure donation from one of the owners of a company widely-known for its oppressive labor practices comes in stark contrast to her campaign’s portrayal of the former New York senator as a champion of workers. Clinton’s campaign has been endorsed by the central leadership of multiple labor unions, like the Service Employees International Union (SEIU), the American Federation of State, County, and Municipal Employees (AFSCME), and the National Education Association (NEA).

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Wall Street Senator Ron Wyden is one of the great weapons the rich use in their war against the middle class in the US senate. Walmart is a good case in point. Wyden has voted time and time again to export US jobs and redistribute income from the 99 to the 1 percent. The difference between the old higher US wages and the new lower foreign wages goes straight into the pockets of the rich via higher corporate profits, rising share prices, and surging dividends. The job losers might get a bit of unemployment insurance, if they’re lucky.

In reality, Wall Street Senator Ron Wyden stole the American dream from millions of US citizens by supporting international income redistribution scams, falsely marketed as international trade agreements.

In reality, Wall Street Senator Ron Wyden stole the American dream from millions of US citizens by supporting international income redistribution scams, falsely marketed as international trade agreements.

Chinese imports made by US manufacturers entering through Wal-Mart in 2013 likely totaled at least $49.1 billion and the combined effect of imports from and exports to China conducted through Wal-Mart likely accounted for 15.3 percent of the growth of the total U.S. goods trade deficit with China between 2001 and 2013. Virtually all of those goods are made in China by companies that formerly used to manufacture in the USA, thanks to Wyden.

The Wal-Mart-based trade deficit with those US companies manufacturing in China alone eliminated or displaced over 400,000 U.S. jobs between 2001 and 2013.

The manufacturing sector and its workers have been hardest hit by the growth of Wyden’s Walmart imports. Wal-Mart’s increased trade deficit with China between 2001 and 2013 eliminated 314,500 manufacturing jobs, 75.7 percent of the jobs lost from Wal-Mart’s trade deficit. These job losses are particularly destructive because jobs in the manufacturing sector pay higher wages and provide better benefits than most other industries, especially for workers with less than a college education.
Wal-Mart has announced plans to create opportunities for American manufacturing by “investing in American jobs.” To date, very few actual U.S. jobs have been created by this program, and since 2001, the growing Wal-Mart trade deficit with US corporations manufacturing in

China has displaced more than 100 U.S. jobs for every actual or promised job created through this program.

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gmosalmonfight750

The U.S. Food and Drug Administration’s (FDA) controversial approval of AquaBounty’s genetically modified (GMO) salmon has garnered further backlash from national grocery stores and restaurant chains.

Costco, the second largest retailer in the world with 487 stores and one of the largest retailers of salmon and seafood in the U.S., has made a firm commitment not to sell GMO salmon. Red Lobster has also declined to sell the GMO poison salmon.

Costco’s move to reject GMO salmon comes after vehement opposition from anti-GMO activists.

According to a statement from Friends of the Earth, Walmart and Publix are among the last remaining large retail grocers in the U.S. that have not yet rejected GMO salmon.

“The market is rejecting GMO salmon. Stores won’t sell it and people don’t want to eat it,” said Friends of the Earth Campaigner Dana Perls. “Now other retailers like Walmart and restaurants need to follow suit, and we need mandatory GMO labeling so that consumers know how to avoid GMO salmon.”

More than 60 grocery store chains representing more than 9,000 stores across the U.S. have made commitments to not sell GMO salmon, including Safeway, Kroger, Target, Trader Joe’s, Whole Foods, Aldi and many others.

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Watch the video above. In it US Senator Bernie Sanders strikes back at the ignorant and incompetent Federal Reserve Chairman Alan Greenspan. Greenspan was called “the wizard” because he advocated policies that redistributed income from the 99 to the 1 percent, such as tax cuts for the rich, jobs destroying trade treaties that redistributed income from working folks to the rich, privatization scams, and a ton more. Greenspan was wrong on all accounts, which he admits at the end of the video above.

Bernie Sanders was one of the few, and maybe the only, senator who dared challenge Greenspan and his beliefs. Listening to Sanders makes one realize why he should be president of the United States. He would represent all the people, not just the rich folks, like Obama, Wyden, Blumenauer, Boehner, McConnell, Orrin Hatch and so many others do today.

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Walmart is not the only business whose profits are subsidized by taxpayer payouts to massively underpaid employees. Try the banks of New York.

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