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RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 5:04:21 PM   
fucktoyprincess


Posts: 2337
Status: offline 		Wal-Mart has a Return on Equity (ROE) of 23.4% (2013). This is higher than the average ROE for the semiconductor industry (18.6%), the oil and gas industry(12.1%), the pharma and biotech industry( (just to name a few). It is much higher than the average ROE for the retail industry (18.7%). The few industries that have a higher ROE, on average, are the auto industry (25.6%), the food, beverage and tobacco industry (29.2%), and the information technology industry (23.6%). In other words, by the numbers, Wal-Mart can absolutely afford to pay its employees more. Without question. I don't see how maintaining such a high ROE (much higher than the retail industry average, much higher than industries that require much more skill, and have much more risk) is justifiable when they are clearly exploiting their workers. It IS exploitation when you are making above average returns and paying your employees so much less than even your own competitors. The numbers don't lie.

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(in reply to farglebargle)
Profile   Post #: 61
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 5:35:10 PM   
thishereboi


Posts: 14463
Joined: 6/19/2008
Status: offline
quote:

ORIGINAL: DesideriScuri

quote:

ORIGINAL: thishereboi
It may be free for him but someone is paying for it.


True, but you asked how much of his income was going towards it. None, so it is free for him and his family.

Good point
quote:

And it's sad for kids who are around others who do celebrate it. They see it on tv and know they are missing something. Just because someone has the right to do something doesn't mean I can't say it makes me sad.


I think you were being a bit judgmental, though. You originally said that it was sad, not that it makes you sad.
I don't see much difference between the two.



_____________________________

"Sweetie, you're wasting your gum" .. Albert


This here is the boi formerly known as orfunboi


(in reply to DesideriScuri)
Profile   Post #: 62
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 8:48:09 PM   
DesideriScuri


Posts: 12225
Joined: 1/18/2012
Status: offline
quote:

ORIGINAL: farglebargle
To those who don't understand the idea of Wal-mart fradulently claiming tax credits:
Here's a link to more than 10 million dollars in taxpayer funds wal-mart is getting, which they don't need. And I say that their claim that they need it, in light of their executive bonuses, is nothing less than criminal fraud in violation of 18 USC 371.
http://www.walmartsubsidywatch.org/subsidy_report.html?sub=U2FsdGVkX19IWzvnf4V0SJB*C4YTLrKV


Apparently, there was some reason why the local governments allowed those tax credits, right?

How is that fraud?


_____________________________

What I support:

  • A Conservative interpretation of the US Constitution
  • Personal Responsibility
  • Help for the truly needy
  • Limited Government
  • Consumption Tax (non-profit charities and food exempt)

(in reply to farglebargle)
Profile   Post #: 63
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 8:59:31 PM   
TheHeretic


Posts: 19100
Joined: 3/25/2007
From: California, USA
Status: offline 		FR

Myself, I'd see a collection bin at work like that as a serious sign from God that I needed to be getting my ass a better job.

_____________________________

If you lose one sense, your other senses are enhanced.
That's why people with no sense of humor have such an inflated sense of self-importance.


(in reply to DesideriScuri)
Profile   Post #: 64
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 9:04:45 PM   
DesideriScuri


Posts: 12225
Joined: 1/18/2012
Status: offline
quote:

ORIGINAL: DomKen
quote:

ORIGINAL: DesideriScuri
quote:

ORIGINAL: DomKen
And all those businesses will fail because profits in a healthy economy should be razor thin. Deflation is always a disaster. Imagining otherwise ignores both economic theory and history.

And, you are wrong. Profits don't have to be "razor thin." Profits should be healthy enough to lure people into supplying the market, but not so high as to lure too many suppliers, leading to oversupply and resource misallocation.
"Imagining otherwise ignores both economic theory and history."

If the profit margin on any item is higher than a couple of percent then, in the theoretical free market, other competitors will move in and under cut prices until that razor thin margin is achieved. That's how people who understand economics knows that at its very most basic heart the US economy is corrupt and has been since sometime in the early 80's when the idea of a 2% profit margin became unacceptable to the investment class.


Your definition of "razor thin" and an entrepreneur's definition of "razor thin" may vary.

Why aren't there more competitors coming in to undercut prices? What is preventing them?

And, just so we're on the same page, you don't get to define what the proper level of profit is for someone else. You are more than welcome to do that for yourself. But, when it's someone else taking risks and making the effort, that someone else gets to define for him or herself, what the proper level of profits is.


_____________________________

What I support:

  • A Conservative interpretation of the US Constitution
  • Personal Responsibility
  • Help for the truly needy
  • Limited Government
  • Consumption Tax (non-profit charities and food exempt)

(in reply to DomKen)
Profile   Post #: 65
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 9:06:26 PM   
DesideriScuri


Posts: 12225
Joined: 1/18/2012
Status: offline
quote:

ORIGINAL: deathtothepixies
quote:

ORIGINAL: DesideriScuri
quote:

ORIGINAL: deathtothepixies
quote:

ORIGINAL: Yachtie
fr
No one is forced to work for WM.

Indeed not, given as there are millions of better jobs out there with no one wanting them maybe they should get their shit together and do those wonderfully well paid jobs instead.
Or.....maybe it's the only fucking job they can do

If that is the only job they can do, why do they merit a higher wage?

They don't merit a higher wage, after all someone has to do the shit jobs but ( this is a bit of a cross thread ) if someone is prepared to work 40/50/60 or more hours a week at a low wage level don't they deserve a little protection possibly in the form of free health care?


Deserve? Nope.

quote:

Or do you believe that if for some reason they can't work and support their family then they and their family should just be left to rot? Sell everything they have? Beg, borrow or steal just to stay alive?
Which one of those 2 scenarios is better for them AND the whole country in the long run?


Ridiculous false equivalency. Nice try though.




_____________________________

What I support:

  • A Conservative interpretation of the US Constitution
  • Personal Responsibility
  • Help for the truly needy
  • Limited Government
  • Consumption Tax (non-profit charities and food exempt)

(in reply to deathtothepixies)
Profile   Post #: 66
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 9:08:00 PM   
DesideriScuri


Posts: 12225
Joined: 1/18/2012
Status: offline
quote:

ORIGINAL: kalikshama
Attend a Black Friday Protest Near You!
Join Walmart workers around the country on Black Friday (Nov. 29th), the biggest shopping day of the year, as they stand up to Walmart and call for an end to retaliation against those who bravely speak out and a real wage of $25,000/yr.
Don't forget to download all of your protest materials.
Last year you told us you wanted more support and training to make sure you knew what to do. We heard you - and so we're having trainings all across the country - check them out here. If you're not near these, we'll also be having a phone training too (details coming soon).
If you have any questions, email us at support at changewalmart.org
Sign up to visit a store near you on Black Friday!


I only hope there is no violence at these protests (from either side of the issue).

Best of luck to all who take part.


_____________________________

What I support:

  • A Conservative interpretation of the US Constitution
  • Personal Responsibility
  • Help for the truly needy
  • Limited Government
  • Consumption Tax (non-profit charities and food exempt)

(in reply to kalikshama)
Profile   Post #: 67
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 9:10:24 PM   
DesideriScuri


Posts: 12225
Joined: 1/18/2012
Status: offline
quote:

ORIGINAL: thishereboi
quote:

ORIGINAL: DesideriScuri
quote:

ORIGINAL: thishereboi
It may be free for him but someone is paying for it.

True, but you asked how much of his income was going towards it. None, so it is free for him and his family.
Good point
quote:

And it's sad for kids who are around others who do celebrate it. They see it on tv and know they are missing something. Just because someone has the right to do something doesn't mean I can't say it makes me sad.

I think you were being a bit judgmental, though. You originally said that it was sad, not that it makes you sad.
I don't see much difference between the two.


If you say a thing is sad, it's making a value judgment on that thing, and that everyone else should see it the same way. When you say it makes you sad, it's less of a demand that others see it the same way.


_____________________________

What I support:

  • A Conservative interpretation of the US Constitution
  • Personal Responsibility
  • Help for the truly needy
  • Limited Government
  • Consumption Tax (non-profit charities and food exempt)

(in reply to thishereboi)
Profile   Post #: 68
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 9:11:41 PM   
graceadieu


Posts: 1518
Joined: 3/20/2008
From: Maryland
Status: offline
quote:

ORIGINAL: DesideriScuri

quote:

ORIGINAL: joether
The difference is DS, Wal-Mart is a VERY large company with gross income measured in the billions. An that for 90% of employees are paid at minimum wage of that area ($7.25 unless higher by city/state).

http://www.businessinsider.com/walmart-employees-pay
    quote:

    The average Walmart "associate," Wake Up Walmart reports, makes $11.75 an hour.


You might want to update your files against WalMart. Apparently, they pay a bit more than you think.


Your link isn't working, but I imagine that includes hourly management, pharmacy technicians, security guards, and other positions that are always more highly-paid than cashiers.

(in reply to DesideriScuri)
Profile   Post #: 69
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 9:13:53 PM   
graceadieu


Posts: 1518
Joined: 3/20/2008
From: Maryland
Status: offline
quote:

ORIGINAL: Aylee
\I also think that families having a difficult time making ends meet should be setting aside money for the holidays all year or at least in the months prior. They need to figure out their "Latte factor" (No, I do not remember which author talks about that) and see where they can trim a bit.


Do you seriously think that Walmart employees can afford lattes? The things they'd be trimming are stuff like dinner, or electricity, or a new coat for their kid.

(in reply to Aylee)
Profile   Post #: 70
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 9:20:03 PM   
graceadieu


Posts: 1518
Joined: 3/20/2008
From: Maryland
Status: offline
quote:

ORIGINAL: thishereboi
And it's sad for kids who are around others who do celebrate it. They see it on tv and know they are missing something. Just because someone has the right to do something doesn't mean I can't say it makes me sad.


Do you feel sad for all 5 billion or so people worldwide that do not celebrate Christmas, because they are also not Christian?

(in reply to thishereboi)
Profile   Post #: 71
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 9:21:42 PM   
EventideFortuna


Posts: 31
Joined: 10/8/2013
Status: offline
quote:

ORIGINAL: Anuser
check your privilege at the door. Not everyone was raised with the same opportunities as you were. Having good parents, role models, and educational systems is easy to take for granted until you don't have it. Try to put yourselves in someone else's shoes for once!

Jesus fucking christ. I cannot believe I actually have to give this speech on a BDSM bbs of all places, but there you have it.


I have no privilege...

I was orphaned at birth, left at the hospital by my mom
Went to one of the shittiest schools in PA
Grew up Poor...
Dropped out of HS at 16 to get a full time job to be able to have shoes that actually fit and didnt have holes. I got into a cyber school to finish my hsd while working 2 full time jobs

Was smart enough to realize id be like my foster parents if i didnt use the brain i have. Got into computers and now at 24 i make over 70k a year

Sorry but Get a fucking job, have a job and cant make ends meet,,, Get a skill that deserves better pay... Running a barcode over a scanner doesnt deserve more then 7.25 an hour... putting an item on a shelf doesnt either... Want to make more then 7.25 an hour... BE worth more then it...

Your not supposed to feed a family of 4 on 25k a year... if you cant support yourself why the fuck are you having children that I have to support because YOU havent figured out what a condom is..



(in reply to Anuser)
Profile   Post #: 72
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 9:21:50 PM   
TheHeretic


Posts: 19100
Joined: 3/25/2007
From: California, USA
Status: offline
quote:

ORIGINAL: graceadieu

Do you seriously think that Walmart employees can afford lattes? The things they'd be trimming are stuff like dinner, or electricity, or a new coat for their kid.



Why do you asume people low enough on the job market ladder to be candidates for a job as shitty as Walmart, have that sort of sense about wisely managing their money?

_____________________________

If you lose one sense, your other senses are enhanced.
That's why people with no sense of humor have such an inflated sense of self-importance.


(in reply to graceadieu)
Profile   Post #: 73
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 9:32:25 PM   
graceadieu


Posts: 1518
Joined: 3/20/2008
From: Maryland
Status: offline
quote:

ORIGINAL: TheHeretic


quote:

ORIGINAL: graceadieu

Do you seriously think that Walmart employees can afford lattes? The things they'd be trimming are stuff like dinner, or electricity, or a new coat for their kid.



Why do you asume people low enough on the job market ladder to be candidates for a job as shitty as Walmart, have that sort of sense about wisely managing their money?


Because they have to, in order to survive. If you're counting every dollar in order to get to the end of the week with food on the table and still make your rent and pay the electric bill, you can't afford to be spending money on lattes.

(in reply to TheHeretic)
Profile   Post #: 74
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 9:44:53 PM   
sloguy02246


Posts: 534
Joined: 11/5/2011
Status: offline
quote:

ORIGINAL: EventideFortuna

I have no privilege...

I was orphaned at birth, left at the hospital by my mom
Went to one of the shittiest schools in PA
Grew up Poor...
Dropped out of HS at 16 to get a full time job to be able to have shoes that actually fit and didnt have holes. I got into a cyber school to finish my hsd while working 2 full time jobs

Was smart enough to realize id be like my foster parents if i didnt use the brain i have. Got into computers and now at 24 i make over 70k a year

Sorry but Get a fucking job, have a job and cant make ends meet,,, Get a skill that deserves better pay... Running a barcode over a scanner doesnt deserve more then 7.25 an hour... putting an item on a shelf doesnt either... Want to make more then 7.25 an hour... BE worth more then it...

Your not supposed to feed a family of 4 on 25k a year... if you cant support yourself why the fuck are you having children that I have to support because YOU havent figured out what a condom is..





Congratulations on your successes in the face of so much personal adversity.
However, respectfully, after reading this response, I believe there is something besides privilege that you don't have in your life.

(in reply to EventideFortuna)
Profile   Post #: 75
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 10:00:52 PM   
TheHeretic


Posts: 19100
Joined: 3/25/2007
From: California, USA
Status: offline
quote:

ORIGINAL: graceadieu

Because they have to, in order to survive. If you're counting every dollar in order to get to the end of the week with food on the table and still make your rent and pay the electric bill, you can't afford to be spending money on lattes.



I'm guessing from this that your knowledge of the lives of poor people, and perpetual denizens of poverty is theoretical only.

How nice.

_____________________________

If you lose one sense, your other senses are enhanced.
That's why people with no sense of humor have such an inflated sense of self-importance.


(in reply to graceadieu)
Profile   Post #: 76
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 11:02:28 PM   
SadistDave


Posts: 801
Joined: 3/11/2005
Status: offline
quote:

ORIGINAL: Anuser

If someone can't afford to "make an excellent meal on a budget" because they're "too fucking stupid to figure it out" or "they're such douchebags that no one wants them," then "maybe they just shouldn't celebrate holidays"?

Are you trolling us? Do you live in the US? Do you know what it's like to try and feed a family of 4 on 25k/year salary? Even on a 50k/year salary it'd be tough. But seriously, I cannot believe you just posited that if someone can't scrape by they don't deserve to have a Thanksgiving. Clearly, the spirit of the holiday is *not* lost on you. /sarcasm


Awww! Did I hurt your delicate little sensibilities?

I am not a wealthy person. My family has had to tighten it's belt a few times over the years, and you know... it really isn't that big a deal. In fact, there are a few wonderful "new" traditions that have resulted from dealing with the bad times as a family. So, if someone is so stupid that they believe Thanksgiving is about how big a meal you put on the table, I don't think they even understand what the holiday is about enough to deserve it.

Believe I said it. I mean it.

-SD-

_____________________________

To whom it may concern: Just because someone is in a position of authority they do not get to make up their own facts. In spite of what some people here (who shall remain nameless) want to claim, someone over the age of 18 is NOT a fucking minor!

(in reply to Anuser)
Profile   Post #: 77
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/20/2013 5:17:42 AM   
joether


Posts: 5195
Joined: 7/24/2005
Status: offline
quote:

ORIGINAL: EventideFortuna
quote:

ORIGINAL: Anuser
check your privilege at the door. Not everyone was raised with the same opportunities as you were. Having good parents, role models, and educational systems is easy to take for granted until you don't have it. Try to put yourselves in someone else's shoes for once!

Jesus fucking christ. I cannot believe I actually have to give this speech on a BDSM bbs of all places, but there you have it.

I have no privilege...

I was orphaned at birth, left at the hospital by my mom
Went to one of the shittiest schools in PA
Grew up Poor...
Dropped out of HS at 16 to get a full time job to be able to have shoes that actually fit and didnt have holes. I got into a cyber school to finish my hsd while working 2 full time jobs

Was smart enough to realize id be like my foster parents if i didnt use the brain i have. Got into computers and now at 24 i make over 70k a year

Sorry but Get a fucking job, have a job and cant make ends meet,,, Get a skill that deserves better pay... Running a barcode over a scanner doesnt deserve more then 7.25 an hour... putting an item on a shelf doesnt either... Want to make more then 7.25 an hour... BE worth more then it...

Your not supposed to feed a family of 4 on 25k a year... if you cant support yourself why the fuck are you having children that I have to support because YOU havent figured out what a condom is..


For everyone one of these stories I hear, there are a few hundred were things went from bad, to worst, to ugly, and then on to things far more horrible. You bash at people to 'get a job' without considering that even with your upbringing, you STILL can not afford an ounce of humility. I know a few people looking for a job. And they frankly have a better chance at winning the Powerball Jackpot than getting out of the $7.25/hour. I would think someone like you, with a past life so rough, would understand that not everyone has things 'go their way' at all times. That 'set backs' are more common than 'advances in life'. The only way you could really reach this level of 'work philosophy' comes down to only one of two possibilities:

A ) You bullshitted everything in your story. Yeah, you walked to school up hill, both ways, in 10 feet of snow, with no shoes...

B ) At 24 and believe you understand everything in the world would show to anyone what you really know....

Given that your on post #1 (as of this writing), I'm more likely to believe 'A' than 'B'.

Rather than bitch at people to find jobs, what are YOU doing to help solve the problem? Nothing. All your 'life events' if they did happen, have taught you absolutely NOTHING of real worth. Your 24, degreed, making $70K/year and still without an ounce of wisdom into reality. Don't worry, in five to twenty years, you'll get an educational lesson that your unprepared to deal or handle. You wont know when it happens, or even why; but it'll tear up your existence. It will not be pretty or enjoyable by any stretch of the imagination. An then you'll be forced to come to terms with how much of an asshole you've been over the years to people that you don't even know. An you know what will be the really painful thing? Some snot-nose kid berates you out of ignorance because he thinks he knows everything there is to know about the world. An how do I know this, you ask?




(in reply to EventideFortuna)
Profile   Post #: 78
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/20/2013 5:43:10 AM   
servantforuse


Posts: 6363
Joined: 3/8/2006
Status: offline 		You seem to forget the other side of these companies. I and millions of other investors and retirees are receiving a nice income from investments in these evil corporations. Rock on, AT&T and Walmart.

(in reply to fucktoyprincess)
Profile   Post #: 79
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/20/2013 5:52:42 AM   
mnottertail


Posts: 60698
Joined: 11/3/2004
Status: offline 		walmart.  79.38 in mid may, for instance, and 79.22 yesterday, add in the cost of trade, and some folks is cuttin fat hogs in the ass?  Couple that with a $0.47 dividend...  Why, you are hauling down goddamn near a 0.6% interest on that. 

Wonderful rainy day fund to get grama that new titanium hip.

C'mon.

Oh, yeah......AT&T is dropping like lead infested turds.

_____________________________

Have they not divided the prey; to every man a damsel or two? Judges 5:30


(in reply to servantforuse)
Profile   Post #: 80
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