Posts Tagged ‘walmart’

The Pennsylvania Supreme Court ordered Wal-Mart Stores Inc to pay $188 million to employees who had sued the retailer for failing to compensate them for rest breaks and all hours worked.

Check out the rest of the story by clicking on the link below.

Walmart ordered to pay for wage theft–www.readersupportednews.org

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Walmart Workers in Los Angeles Engaging in Sit Down Strike

Happening NOW: Dozens of police officers are arresting Walmart workers outside an LA store after they blocked the intersection. This is history in the making yet it’s not on ANY cable new channels.

Walmart workers are carrying on the legacy of Detroit Woolworth women who bravely staged sit-down strikes. Los Angeles Walmart workers earlier today (Nov 14, 2014) held the first big sit-down strike in a Walmart store.

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Fron US Uncut:

“Walmart’s entire business model is based on paying workers so little they depend on food stamps to survive. And when impoverished families use their food stamps at Walmart, the company uses that as a loophole to dodge billions in taxes. Meanwhile, the 6 heirs of Walmart make as much in 3 minutes of dividends as one of their employees makes in an entire year.”

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Costco’s new coupon book of organics is good from September 2 through the 29th. It doesn’t feature coupons on all of their organic foods. So you won’t find bargains on Cosco’s organic bananas and sweet potatoes. Both of which are less expensive than if you purchased regular bananas and sweet potatoes in regular grocery stores, such as Safeway. However, at Cosco you need to buy three pounds of bananas (at $1.99) and ten pounds of the potatoes to get that deal.

Cosco’s slow shift to organics is a surprising move away from GMO poison food. More and more food companies are using the GMO poison because it’s cheaper than non-GMO ingredients, which keeps profit margins growing. That means they can keep raising the cost of food, but at a slower rate than Wall Street strategies would otherwise call for.

Corporations need to raise their prices so as to keep their earnings going up, otherwise they risk a stock price collapse. Yes, we’re talking a Ponzi scam when it comes to stock prices. The rich purchase the stocks, which bid up their prices. The wealthy also receive the dividends, which are the dollars and cents shareholders receive from corporations from each share of stock they own. The higher the earnings, the greater the stock prices and dividends.

That’s why raising the price of food is so important, but doing so at rates low enough so as not to alarm citizens is also important. And that’s where the GMO poisons come into play. So you get allergies, cancer, impotency, tumors, and numerous other maladies by eating GMO poisons, but the rich get your dollars.

In other words, GMO’s are an income redistribution method, but these poisons also redistribute your health to the 1 percent, as well.

That’s why Cosco’s shift to organics is a healthier way to do business, compared to say Walmart, whose signs should read, “Purchase GMO poisons here.”

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“Sen. Elizabeth Warren (D-Mass.) called for an end to a tax loophole that lets corporations that renounce U.S. citizenship to dodge taxes. “’These companies are renouncing their American citizenship, turning their backs on this country, simply to boost their profits,’” she said.

Corporations are citizens? The Corporate US Supreme Court has ruled that Exxon, Monsanto and Walmart Corporations and all the other US corporations are persons with all of the individual rights granted to “persons” under the US Constitution, but I did not know they were citizens, and I did not know Goldman Sachs Incorporated could renounce that screwed up concept of US citizenship in order to avoid taxes, but that’s how corrupt the US government has become since and because of the Reagan tax cuts. Corrupt to the core on behalf of the 1 percent.

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What’s the difference between a corporate and a capitalist economy? A capitalist economy lifts its citizens upward, but an economy dominated by publicly traded limited liability corporations redistributes income and wealth from the 99 to the 1 percent and corrupts democracy. That’s why the economist Adam Smith deplored them in his book, The Wealth of Nations. The Deli store owner above is a capitalist, while the Koch brothers, the Walmart family, etc… are corporate parasites that have rigged the economic game in their favor via the purchase of legislation in the political markets.

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Rob Walton has avoided paying three million dollars in taxes using a charity. However, it should also be pointed out that the size of his income relies heavily on the public subsidies Walmart employees receive from local, state and federal governments. For example, many Walmart employees survive on food stamps. Many of these people might not be able to survive on just the terrible wages paid by Walmart. Enough might be forced to leave the company which would compel the company to raise its employee compensation. This would cut into Walmart’s profits and dividends, as well as likely push its share prices down.

In other words, Rob Walton’s salary and other compensation would slide downward if not for the generosity of the taxpayers of the 99 percent. So in Rob Walton we have a person who not only does not pay all of his taxes, but he also subsidizes his income at public expense, perhaps to the tune of billions of dollars. In other words, Rob Walton is the ultimate welfare queen.

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