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Sun Nov 18, 2012, 02:54 PM

Walmart and Hostess - are the plutocrats under siege?

I've seen a lot of info on these two companies the last few days. Now, i am connected to a lot of lefty sites, so I'm not surprised by the info or to be receiving it. But if this info is getting out into the mainstream, people may finally connect the dots.

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Reply Walmart and Hostess - are the plutocrats under siege? (Original post)
hedgehog Nov 2012 OP
PopeOxycontinI Nov 2012 #1
CBHagman Nov 2012 #2
hedgehog Nov 2012 #4
Wellstone ruled Nov 2012 #3
hedgehog Nov 2012 #5
TexasBushwhacker Nov 2012 #7
ROBROX Nov 2012 #6

Response to hedgehog (Original post)

Sun Nov 18, 2012, 03:37 PM

1. I don't see the big deal

Hostess is going out of business due to bad management. Happens all the time.
Wal-Mart is having some scattered strike actions affecting no more than a few
dozen locations, which will fizzle out just like OWS did.

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Response to hedgehog (Original post)

Sun Nov 18, 2012, 04:04 PM

2. It's too early to tell.

The real test is in the long term.

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Response to CBHagman (Reply #2)

Sun Nov 18, 2012, 04:41 PM

4. Thinking over what I was trying to say, maybe my question should be

is this the time when people finally get it?

_ several people are spreading the information that Walmart benefits from corporate welfare; that the rest of us are picking up the cost of feeding , housing and providing medical care for Walmart employees because Walmart doesn't pay enough.

- the info on Hostess isn't just that the union didn't take it down, but also that while the union did accept cutbacks, the managers looted the company.

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Response to hedgehog (Original post)

Sun Nov 18, 2012, 04:39 PM

3. Firday will be the real test.

Lets see what Wally-World and their workers. Notice I didn't use the word Associates,that is so untrue of their employees,they are more like endured servants. Won't be seeing this household kissing the Walton ring,finally found a source for the one item we purchase at the Redneck Mall.

Well gang,we the Taxpayers are going to be picking up the Pension Tab for all of Hostess Employees. Notice that all of their Pensions funds disappeared into managements bank account. USA,USA,ERISA will have to bail these folks out at probably 10 cents on the dollar. And the Repuks want to F-up Social Security,give me a break. We know folks with 35+ years of service that will only get if lucky 200-250 a month pension after this debacle. USA_USA_!!!!!!!

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Response to Wellstone ruled (Reply #3)

Sun Nov 18, 2012, 04:47 PM

5. I'm thinking it won't take much of a drop in sales from last year, maybe only 5% or 10%

to put a world of hurt on Walmart!

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Response to hedgehog (Reply #5)

Sun Nov 18, 2012, 08:39 PM

7. Yeah, their margins are down from last year

Their revenue and earnings are up but their margins are down. Since they operate on microthin margins as it is, they really have nowhere to go but down considering they cater to low income buyers who have been hit the hardest by the economic downturn. In terms of their stock, Walmart has rebounded almost 50% since the bottom of the crash, but Target has gone up 150%. Costco's stock, who treat their employees very well, is up 135% since the crash.

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Response to hedgehog (Original post)

Sun Nov 18, 2012, 07:25 PM

6. HOSTESS IS OFF MY DIET

 

I have not had any of these gross products that can last for years in the past 20 years. If you want to be healthy a person has to cut a few things that just are not good for your health. I buy other things for the kids because everyone needs junk food. Then as we get older we can cut the bad stuff.

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