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Fri Jan 31, 2014, 01:23 PM

 

Oh... This Is Fucking PRICELESS !!!

Stocks dive, Dow off 200+ points on dismal Wal-Mart outlook, global concerns
Staff reports, CNBC.com
2 hours ago - 1/31/14

<snip>

Global stocks fell ahead of the U.S. market open after a drop in euro zone inflation showed the recovery is still weak there and concern persisted over the outlook for emerging economies.

Wal-Mart Stores added to Wall Street's dreary view, with the discount retailer slicing its fourth-quarter outlook and blaming a slew of negative factors, including the federal government's cut in food stamps and the cold weather.

<snip>

Link: http://www.nbcnews.com/business/stocks-slump-dismal-wal-mart-outlook-global-concerns-2D12032226













57 replies, 7503 views

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Arrow 57 replies Author Time Post
Reply Oh... This Is Fucking PRICELESS !!! (Original post)
WillyT Jan 2014 OP
JNelson6563 Jan 2014 #1
Liberal_Dog Jan 2014 #2
dickthegrouch Jan 2014 #3
underthematrix Feb 2014 #49
PADemD Feb 2014 #50
underthematrix Feb 2014 #51
B2G Jan 2014 #4
calimary Jan 2014 #5
Turbineguy Jan 2014 #6
another_liberal Jan 2014 #20
ChisolmTrailDem Jan 2014 #25
Turbineguy Jan 2014 #38
mstinamotorcity2 Jan 2014 #7
DeSwiss Jan 2014 #8
12AngryBorneoWildmen Jan 2014 #33
Caretha Jan 2014 #46
JDPriestly Jan 2014 #9
Fantastic Anarchist Jan 2014 #32
Hassin Bin Sober Feb 2014 #56
1StrongBlackMan Jan 2014 #10
cui bono Jan 2014 #43
1StrongBlackMan Jan 2014 #44
Jack Rabbit Jan 2014 #11
L0oniX Jan 2014 #12
aggiesal Jan 2014 #15
antiquie Jan 2014 #21
aggiesal Jan 2014 #13
riqster Jan 2014 #31
LuvNewcastle Jan 2014 #14
reformist2 Jan 2014 #16
Fantastic Anarchist Jan 2014 #35
Berlum Jan 2014 #17
L0oniX Jan 2014 #18
Berlum Jan 2014 #29
L0oniX Jan 2014 #37
Skittles Jan 2014 #23
another_liberal Jan 2014 #19
Phlem Jan 2014 #22
WillyT Jan 2014 #39
TeeYiYi Jan 2014 #24
UCmeNdc Jan 2014 #26
AAO Jan 2014 #27
Mosby Jan 2014 #28
Fantastic Anarchist Jan 2014 #30
loudsue Jan 2014 #40
Fantastic Anarchist Jan 2014 #41
MoreGOPoop Jan 2014 #34
Titonwan Feb 2014 #55
cer7711 Jan 2014 #36
gopiscrap Jan 2014 #42
WillyT Jan 2014 #45
johnnyreb Jan 2014 #47
underthematrix Feb 2014 #48
Coyotl Feb 2014 #52
Iliyah Feb 2014 #53
ohheckyeah Feb 2014 #54
myrna minx Feb 2014 #57

Response to WillyT (Original post)

Fri Jan 31, 2014, 01:30 PM

1. Delicious irony.

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Response to WillyT (Original post)

Fri Jan 31, 2014, 01:33 PM

2. K & R

You mean American business will be hurt by cutting food stamps???

When will these fucks ever realize that people have to have money before they can spend money?

Sadly, the answer seems to be never.

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Response to WillyT (Original post)

Fri Jan 31, 2014, 01:35 PM

3. Waltons 'lose' twice :)

They are going to have to raise the wages of their workers so they no longer need food stamps, and there are fewer foodstamps for the rest of us. My heart bleeds.

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Response to dickthegrouch (Reply #3)

Sat Feb 1, 2014, 11:05 AM

49. I will start shopping there again when they raise the wages and increase the hours of employees

until then PHUCK 'em!

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Response to underthematrix (Reply #49)

Sat Feb 1, 2014, 11:24 AM

50. Not even if they raise the wages.

I am ashamed to say that I shopped at Wal-Mart once for one item that wasn't available at our local store.

Wal-Mart was the one company that put pressure on its suppliers for lower costs so that they could claim they had the lowest price. IMO, that started the off-shoring of USA manufacturing because the only way to offer lower prices was to reduce labor costs.

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Response to PADemD (Reply #50)

Sat Feb 1, 2014, 11:43 AM

51. Thank you for sharing this. I want to be a socially responsible consumer which means I can never

shop at Walmart. I will letg my husband, family and friends know

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Response to WillyT (Original post)

Fri Jan 31, 2014, 01:36 PM

4. Turkey doubled their interest rates

 

I doubt it was due to a dismal Walmart outlook.

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Response to WillyT (Original post)

Fri Jan 31, 2014, 02:05 PM

5. Gee - ya think????

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Response to WillyT (Original post)

Fri Jan 31, 2014, 02:09 PM

6. Yeah!

I always enjoy it when DU'ers lose their pension funds. Maybe if we get lucky the housing market will crash again. And maybe if we get really lucky we'll have a depression and 30 percent unemplyment.

Won't that be fun!

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Response to Turbineguy (Reply #6)

Fri Jan 31, 2014, 03:17 PM

20. If you still even have a pension to lose . . .

 

You are part of a lucky minority.

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Response to Turbineguy (Reply #6)

Fri Jan 31, 2014, 03:27 PM

25. Really, Turbineguy? Do

 

you think the OP is really cheering the loss of DUers' pension funds?

You are not incapable of distinguishing the intent of the OP and the dichotomy that exists between wanting Wall Street (and Walmart) to pay people a living wage and feeling a small satisfaction that they're taking it in the chops right now and also realizing that it's not just those entities suffering the consequences. So, do you cheer that The Company is taking it in the chops or do you sulk over DUers' pensions? Neither is necessarily wrong, coming from our perspective.

What you fail to take into account is that the reason you're pension is losing is because it's value based on the greed of the very corporations we're talking about here. You benefitted from Walmart and corporations not paying people a living wage and from their crooked dealings and you will suffer along with them.

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Response to ChisolmTrailDem (Reply #25)

Fri Jan 31, 2014, 04:24 PM

38. I understand this dichotomy.

There was a time when companies existed to make life better for society at large. There was a time when management was there to organize production, utilizing the assets of labor and materials.

But these are anachronisms in this day and age of looting what you can.

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Response to WillyT (Original post)

Fri Jan 31, 2014, 02:10 PM

7. Fewer trips to Wally world.

I don't think they will miss anything.

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Response to WillyT (Original post)

Fri Jan 31, 2014, 02:20 PM

8. K&R

 

[center][/center]

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Response to DeSwiss (Reply #8)

Fri Jan 31, 2014, 04:06 PM

33. Me Likey. nt

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Response to DeSwiss (Reply #8)

Fri Jan 31, 2014, 09:53 PM

46. Perfect

 

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Response to WillyT (Original post)

Fri Jan 31, 2014, 02:21 PM

9. We are one people, one nation.

"Wal-Mart Stores added to Wall Street's dreary view, with the discount retailer slicing its fourth-quarter outlook and blaming a slew of negative factors, including the federal government's cut in food stamps and the cold weather."

Dear Waltons,

We are in this together. We share our fates. When the fate of some is to be hungry, and the fate of others to be richer than Midas, we all go hungry.

Please pay higher taxes so others can buy your food.

Thanks.

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Response to JDPriestly (Reply #9)

Fri Jan 31, 2014, 04:02 PM

32. I wish I could recommend your post.

We are all, indeed, in this together. That's what society is all about. Some people forget that.

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Response to JDPriestly (Reply #9)

Sat Feb 1, 2014, 01:29 PM

56. I think the issue a lot of people are missing though is there is a huge disconnect...

... between what is good for the Walton clan and what is good for the Walmart Corporation.

It benefits the clan a whole hell of a lot more to elect anti tax teabaggers. Their big prize is the inheritance tax. That's where they stand to lose/gain billions of PERSONAL wealth.

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Response to WillyT (Original post)

Fri Jan 31, 2014, 02:42 PM

10. Once again ...

 

short term thinking has consequences.

One would think some "smart" bean counter would have advised: "Why are we not getting fully behind extending U/C, raising the MW, hell ... direct transfer payments to the working poor? The money will come right back to us!"

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Response to 1StrongBlackMan (Reply #10)

Fri Jan 31, 2014, 07:53 PM

43. Yeah, and you'd think they'd get that if they paid better wages their workers could spend more.

Greed just keeps getting in the way.

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Response to cui bono (Reply #43)

Fri Jan 31, 2014, 07:55 PM

44. These folks ...

 

must never have heard the admonition to not eat the goose that lies the golden egg.

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Response to WillyT (Original post)

Fri Jan 31, 2014, 02:43 PM

11. Is this what's called a "good news correction"

The cuts in food stamps may force Wall Mart to pay their workers.

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Response to WillyT (Original post)

Fri Jan 31, 2014, 02:48 PM

12. Wal-mart co-dependency on its food stamp subsidy is karmatically delicious.

 

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Response to L0oniX (Reply #12)

Fri Jan 31, 2014, 03:02 PM

15. A new spin on . . .

pay them enough to afford your own product.

Walmart's version:
Pay them as little as possible to be able to qualify for food stamps,
so they can afford your own product.

Shows you how much government subsidies Walmart actually gets,
that it affects their bottom line.

Karmatically delicious!!!

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Response to aggiesal (Reply #15)

Fri Jan 31, 2014, 03:18 PM

21. Indeed, with one small change

 

...so they can afford ONLY your own product.

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Response to WillyT (Original post)

Fri Jan 31, 2014, 02:54 PM

13. There's nooooo way anyone could have predicted this . . .



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Response to aggiesal (Reply #13)

Fri Jan 31, 2014, 04:00 PM

31. This^

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Response to WillyT (Original post)

Fri Jan 31, 2014, 03:01 PM

14. K&R

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Response to WillyT (Original post)

Fri Jan 31, 2014, 03:03 PM

16. When are we as a country going to admit our economic system sucks. Not the economy, the system itsel


I think it's time to make a direct attack on the core of the free market religion.

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Response to reformist2 (Reply #16)

Fri Jan 31, 2014, 04:12 PM

35. I agree ...

... with one small caveat:

A free-market is incompatible with capitalism. But what capitalists won't tell you, is that a truly free and fair market is compatible when the producers/labor/consumers control and manage the means of production and the product of their labor. Even Adam Smith touched on this regarding the Labor Theory of Value. Marx and Proudhon both expanded on this and developed their respective socialist tendencies. Under some Marxist currents (autonomists, Luxembourgian, Council Communists, etc.) and anarchist currents, this is the prevailing theme; that a free and fair market exists under the socialist concept of Labor controlled and managed production means.

Simple as that, really. Too bad the American people have been so lulled into believing that a system where a parasite extracts surplus value and deems it profit is actually a good thing. It boggles the mind. The capitalist is nothing but a parasite. Excise him/her, so we can all have all we could ever need and want - with no one wanting or needing.

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Response to WillyT (Original post)

Fri Jan 31, 2014, 03:07 PM

17. Thanks a pantload, Republicons

Republicons crap all over America's economy.

Again.

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Response to Berlum (Reply #17)

Fri Jan 31, 2014, 03:09 PM

18. There's enough blame to go arround that includes Bill Clinton.

 

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Response to L0oniX (Reply #18)

Fri Jan 31, 2014, 03:56 PM

29. False equivalence

Crapping on America is the Republicon vocation.

The Repubbies have made it their obsession.

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Response to Berlum (Reply #29)

Fri Jan 31, 2014, 04:17 PM

37. You are entitled to your own believed bullshit.

 

Yea the repukes are the only ones to blame ...what ever.

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Response to Berlum (Reply #17)

Fri Jan 31, 2014, 03:25 PM

23. it's exactly what they want

they hate President Obama more than they care about America

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Response to WillyT (Original post)

Fri Jan 31, 2014, 03:13 PM

19. The Republicans want our economy to slide back into recession.

 

They reason everyone will blame Democrats for the slump, because of who is in the White House. That is their best chance to win next year and in 2016, or so they think.

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Response to WillyT (Original post)

Fri Jan 31, 2014, 03:22 PM

22. K&R!

Nice catch WillyT. I saw that this morning and didn't even think to post it here. Maybe I'm sick and tired of some of the members, but I do always love you posts.

Keep it up Brutha!



-p

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Response to Phlem (Reply #22)

Fri Jan 31, 2014, 05:00 PM

39. Anytime Phlem, Anytime...

 






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Response to WillyT (Original post)

Fri Jan 31, 2014, 03:27 PM

24. I seriously looked to see if this was the Onion...

So, federal food stamps cuts in one hand and cold weather in the other...

TYY

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Response to WillyT (Original post)

Fri Jan 31, 2014, 03:47 PM

26. The GOP destroys the US economy 1st cutting government jobs now food stamps spending

The GOP is pushing to stall out the economic recovery, they know exactly what they are doing.

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Response to WillyT (Original post)

Fri Jan 31, 2014, 03:49 PM

27. DOH!!

 

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Response to WillyT (Original post)


Response to WillyT (Original post)

Fri Jan 31, 2014, 03:59 PM

30. Wal-Mart Didn't Get Its Welfare Check!!!!!

Welcome to the 47%, Wal-Mart.

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Response to Fantastic Anarchist (Reply #30)

Fri Jan 31, 2014, 06:05 PM

40. That should be the lead story on the news....your sound bite is perfect!!

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Response to loudsue (Reply #40)

Fri Jan 31, 2014, 06:38 PM

41. Thanks!

It's definitely true, eh?

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Response to WillyT (Original post)

Fri Jan 31, 2014, 04:10 PM

34. K & R

Now the Waltons have to fire their grape-peelers.
Thanks for the smile, Willy T.

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Response to MoreGOPoop (Reply #34)

Sat Feb 1, 2014, 01:27 PM

55. And cut back the staff

to only four feathered-fan wavers. Oh the humanity.

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Response to WillyT (Original post)

Fri Jan 31, 2014, 04:12 PM

36. Huh! Turns Out People Can't Spend Money They Don't Have

Wake up and smell the declining bottomline, 1% chuckleheads!

See also: Henry Ford; raised worker wages at factories; 1930s ("I want my workers to be able to afford the cars they make."

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Response to WillyT (Original post)

Fri Jan 31, 2014, 07:48 PM

42. How about that?

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Response to gopiscrap (Reply #42)

Fri Jan 31, 2014, 09:16 PM

45. Yeah... Huh ???

 




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Response to WillyT (Original post)

Fri Jan 31, 2014, 10:35 PM

47. Great find, WillyT!! K&R

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Response to WillyT (Original post)

Sat Feb 1, 2014, 11:04 AM

48. I don't shop at Walmart.

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Response to WillyT (Original post)

Sat Feb 1, 2014, 01:18 PM

52. Suddenly, Wal*Mart CEO announces support for $10.00 minimum wage, in every state

 

they don't have stores in

If the minimum wage goes up, they can sell; a lot more stuff.
Only one problem, they have to pay their employees more.
What a counter-intuitive problem, go broke of pay people?

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Response to WillyT (Original post)

Sat Feb 1, 2014, 01:20 PM

53. From what I understands, Walmart was the ideal blueprint for

the modern day employment which sucks big time. The family and CEOs hate "big" government and its regulations but has "big" government assisting their employees, i.e., snap and Medicaid all the while collecting government subsides.

Don't shop there and never will.

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Response to WillyT (Original post)

Sat Feb 1, 2014, 01:23 PM

54. These

geniuses still haven't figured out that if we have no money we can't buy their shit. Dumbasses.

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Response to WillyT (Original post)

Sat Feb 1, 2014, 01:35 PM

57. Well, imagine that. K&R

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