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Old 01-08-2012, 04:42 PM
 
Location: Planet Eaarth
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Sooner or later treating people bad catches up to you..........

"A major pension fund and longtime investor in Walmart has blacklisted the retailing behemoth, citing poor labor practices and the company's anti-union stance as the driving force behind its rejection."


Walmart Blacklisted By Major Pension Fund Over Poor Labor Practices
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Old 01-08-2012, 04:54 PM
 
Location: Metro Detroit, Michigan
18,092 posts, read 16,568,665 times
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Interesting how ethically motivated investing practices seem to originate from places outside the United States. Seems the greed has been our undoing.
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Old 01-08-2012, 06:36 PM
 
12,801 posts, read 16,505,840 times
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How true! I wonder how many Union pension funds have turned a blind eye to its anti union policies.
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Old 01-08-2012, 08:03 PM
 
Location: Los Angeles area
14,017 posts, read 18,912,589 times
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Having a unionized workplace is not the be-all and end-all of employee satisfaction; it is not a litmus test. Sounds like ideology trumped reality in the case of the pension fund. Walmart treats its employees well enough so that it has no trouble finding people who want to work there.
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Old 01-08-2012, 08:19 PM
 
Location: Sierra Vista, AZ
16,554 posts, read 22,027,585 times
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Quote:
Originally Posted by Escort Rider View Post
Having a unionized workplace is not the be-all and end-all of employee satisfaction; it is not a litmus test. Sounds like ideology trumped reality in the case of the pension fund. Walmart treats its employees well enough so that it has no trouble finding people who want to work there.
Slave wages and being non union are only a small part of the damage Slavemart has done to America. They actively assisted their suppliers in relocating their businesses overseas so that they could drive down prices, this left hundreds of thousands of Americans unemployed and thousand of US businesses and factories closed. Then comes the fact that while 6 WALTONS have more money than a third of all Americans, the taxpayer pays for their employees health care and food stamps
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Old 01-08-2012, 08:29 PM
 
Location: Planet Eaarth
8,955 posts, read 18,769,970 times
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Quote:
Originally Posted by Escort Rider View Post
Having a unionized workplace is not the be-all and end-all of employee satisfaction; it is not a litmus test. Sounds like ideology trumped reality in the case of the pension fund. Walmart treats its employees well enough so that it has no trouble finding people who want to work there.
When the middle class jobs are to few for the demand for jobs desperate people will do desperate things which includes working for Wal-mart etc.

Bring back most, if not all, of the jobs outsourced to Mexico, China etc. and see how many will be willing to work for Wal-mart wages and benefits.
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Old 01-08-2012, 08:32 PM
 
59,334 posts, read 46,394,850 times
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Quote:
Originally Posted by Grandpa Pipes View Post
Sooner or later treating people bad catches up to you..........

"A major pension fund and longtime investor in Walmart has blacklisted the retailing behemoth, citing poor labor practices and the company's anti-union stance as the driving force behind its rejection."


Walmart Blacklisted By Major Pension Fund Over Poor Labor Practices
<shrug> vote with your wallet.
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Old 01-08-2012, 11:39 PM
 
Location: Vallejo
16,336 posts, read 18,304,582 times
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Quote:
Originally Posted by andywire View Post
Interesting how ethically motivated investing practices seem to originate from places outside the United States. Seems the greed has been our undoing.
Yup. Corporations are simple creatures that pursue only shareholder satisfaction. Typically, that means profits because that's all that 99% of shareholders care about... No one to blame but ourselves, really.
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Old 01-09-2012, 07:42 AM
 
Location: Sierra Vista, AZ
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Originally Posted by Mathguy View Post
<shrug> vote with your wallet.
I have never shopped at WALMART, sometimes I drive 60 miles to Tucson to get things I need rather than a mile up the road
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Old 01-09-2012, 04:32 PM
 
Location: Planet Eaarth
8,955 posts, read 18,769,970 times
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Quote:
Originally Posted by Boompa View Post
I have never shopped at WALMART, sometimes I drive 60 miles to Tucson to get things I need rather than a mile up the road
While this is a statement of note it is also a foolish waste of finite resources just to be able to say you don't shop somewhere.

Will you still do this when fuel is either rationed or priced so high few can afford it??

You need a better plan................
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