Since I fianlly didn't have to work on a Saturday today, I got watch Fox's "Cavuto on Business" this morning over a homemade breakfast burrito. One of the topics was the effect a Democratic controlled Congress would have on Wal-Mart would be. The overriding thought is that the Dems will force a slew of regulations that will cripple the retail giant.
I've spent a lot of time learning about Congress and Wal-Mart. I tried to get in one, and fought the other - and I still am. The relationship between the two is very comfy, and in a nutshell, here is how much it will change - NONE. And why? One simple reason........MONEY.
Like most big corporations, Wal-Mart spends a lot of money on political contributions, and they pay big on both sides. Since the re-election rate is about 98%, it makes sense for companies to play the safe bet and spend the money on incumbents. So no matter who runs Congress, Wal-Mart already has them paid for.
You might be asking, "Hey Mike, wouldn't a Congressman who opposes the way Wal-Mart does business do something ?" .. Uh, not if they want to raise cash. Washington is full of hypocrites who would sell out their mothers for donations. The first priority of each Congressman and Senator is to get RE-ELECTED... Everything else is secondary, and if that means speaking out on Kelo vs. New Haven, but still taking money from Big Box corporations, so be it. Let's keep a big point in mind........ THEY'RE FREAKIN' POLITICIANS, PEOPLE!!!!
End of class for today, folks!
5 comments:
... you work?
Yes, I've been known to be gainfully employed at times, broken up by periods of "extended vacations"... Not that I really need the money. If the funds get low, I just pull a couple hundred G's out of my Trust Fund - kinda like Congress.
Mikey, is it any wonder that two of Arkansas biggest legitimate firms, (excluding Whitewater Development Corp.) have had a Hilary on their boards? A Walmart that just backed down in the face of an American Family Association that made the point that Christian families spend more at thier registers than the Gay-Lesbian-Bisexual-Transgendered population they've been courting via donations and buying practices is one. A Tyson's that dances with the EPA over their discharges into Arkansas' rivers.
Mike, the question tends to be, just how much the price for a politician is and how tightly that sale can be kept. A couple of Illinois congress critters were busted in the 80's, recently one with over 90,000 in his freezer, as a Dem continues to get a pass, conversely Duke Cunningham, cops a guilty plea, maybe it is a charachter thing, maybe it is a hold power at any cost. I wonder where Jimmy's hiding the $$$, maybe the same offshore bank where Adam Clayton Powell did. Cuba's close to Bimini.
Very good article Mike.
I do like that freakin politician part.
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