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Still the richest on earth!

Scheduled Pinned Locked Moved The Lounge
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  • A alex barylski

    I get a dead link??? It's frustrating being a genius and living the life of a moron!!!

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    Jeremy Falcon
    wrote on last edited by
    #3

    Try this one: http://www.msnbc.msn.com/id/4388536/[^] Jeremy Falcon

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    • R Rocky Moore

      http://msnbc.msn.com/id/7141138/ Gates is still in the lead. What surprised me was the Walton family and their huge Wal-Mart value coming in starting at 10th. That is five people $18 billion or more each. Combined, they are richer than Gates x 2! I guess there is plenty of money in destroying local economies.. Rocky <>< Idea / Invention: Business Backup Solution..[^]

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      Jeremy Falcon
      wrote on last edited by
      #4

      Rocky Moore wrote: I guess there is plenty of money in destroying local economies Exactly how did Wal-Mart destroy local economies? They offer thousands of jobs and decent prices to stretch a buck further. You consider that bad? Well, maybe if you're K-Mart. Actually, if you ever listened to Sam Walton before he passed away, it's not hard to see why people liked going there. He was a VERY customer oriented person. Jeremy Falcon

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      • J Jeremy Falcon

        Rocky Moore wrote: I guess there is plenty of money in destroying local economies Exactly how did Wal-Mart destroy local economies? They offer thousands of jobs and decent prices to stretch a buck further. You consider that bad? Well, maybe if you're K-Mart. Actually, if you ever listened to Sam Walton before he passed away, it's not hard to see why people liked going there. He was a VERY customer oriented person. Jeremy Falcon

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        saliln
        wrote on last edited by
        #5

        I just wonder about the title of Sam Waltons autobigraphy, he should have maybe called it "Made in China"

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        • J Jeremy Falcon

          Rocky Moore wrote: I guess there is plenty of money in destroying local economies Exactly how did Wal-Mart destroy local economies? They offer thousands of jobs and decent prices to stretch a buck further. You consider that bad? Well, maybe if you're K-Mart. Actually, if you ever listened to Sam Walton before he passed away, it's not hard to see why people liked going there. He was a VERY customer oriented person. Jeremy Falcon

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          Yulianto
          wrote on last edited by
          #6

          Jeremy Falcon wrote: Exactly how did Wal-Mart destroy local economies? They did nothing. But, I think small business couldn't handle the competition with them. The small one ends up closing their business.


          Work hard, Work effectively and a bit of luck is the key to success.
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          • S saliln

            I just wonder about the title of Sam Waltons autobigraphy, he should have maybe called it "Made in China"

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            Jeremy Falcon
            wrote on last edited by
            #7

            Yeah, but I don't think Wal-Mart started that trend. I could be wrong though. Jeremy Falcon

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            • Y Yulianto

              Jeremy Falcon wrote: Exactly how did Wal-Mart destroy local economies? They did nothing. But, I think small business couldn't handle the competition with them. The small one ends up closing their business.


              Work hard, Work effectively and a bit of luck is the key to success.
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              Jeremy Falcon
              wrote on last edited by
              #8

              You realize that Wal-Mart itself started out as a small business? Sam Walton just played the game smarter. Jeremy Falcon

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              • J Jeremy Falcon

                You realize that Wal-Mart itself started out as a small business? Sam Walton just played the game smarter. Jeremy Falcon

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                Christian Graus
                wrote on last edited by
                #9

                As did Bill Gates. But once someone is at the top, they become a target, and their beginnings are forgotten. ( note: this doesn't mean I approve of everything Gates and co have done ). Christian I have several lifelong friends that are New Yorkers but I have always gravitated toward the weirdo's. - Richard Stringer

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                • C Christian Graus

                  As did Bill Gates. But once someone is at the top, they become a target, and their beginnings are forgotten. ( note: this doesn't mean I approve of everything Gates and co have done ). Christian I have several lifelong friends that are New Yorkers but I have always gravitated toward the weirdo's. - Richard Stringer

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                  Jeremy Falcon
                  wrote on last edited by
                  #10

                  Christian Graus wrote: As did Bill Gates. But once someone is at the top, they become a target, and their beginnings are forgotten. I'm still looking for my "Pass Go, Collect $200" ticket. Maybe I should try the lottery, yeah that sounds like a sure bet. :) Jeremy Falcon

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                  • J Jeremy Falcon

                    You realize that Wal-Mart itself started out as a small business? Sam Walton just played the game smarter. Jeremy Falcon

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                    Yulianto
                    wrote on last edited by
                    #11

                    Jeremy Falcon wrote: You realize that Wal-Mart itself started out as a small business? I know, and Sam Walton did play smarter. There are poor people who can't play smart. In my country this is a problem. With big marts like that, soon traditional market will extinct. They don't have the power or the brain to face those marts.


                    Work hard, Work effectively and a bit of luck is the key to success.
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                    • J Jeremy Falcon

                      Rocky Moore wrote: I guess there is plenty of money in destroying local economies Exactly how did Wal-Mart destroy local economies? They offer thousands of jobs and decent prices to stretch a buck further. You consider that bad? Well, maybe if you're K-Mart. Actually, if you ever listened to Sam Walton before he passed away, it's not hard to see why people liked going there. He was a VERY customer oriented person. Jeremy Falcon

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                      David Stone
                      wrote on last edited by
                      #12

                      This site provides an informative, if somewhat negatively-biased, view on why "WalMart is Pure Evil".


                      Quantum materiae materietur marmota monax si marmota monax materiam possit materiari?

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                      • D David Stone

                        This site provides an informative, if somewhat negatively-biased, view on why "WalMart is Pure Evil".


                        Quantum materiae materietur marmota monax si marmota monax materiam possit materiari?

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                        Jeremy Falcon
                        wrote on last edited by
                        #13

                        I think Wal-Mart did take a turn for the worse after Sam Walton died, but this guy's arguments don't hold water for many reasons. Wal-Mart does put back into the ecomony (Clickety[^] and Clickety[^]). Target is a better example of not giving back. Also, some of the details this guy mentions are on the manager level and not the company level, per sé. Jeremy Falcon

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                        • J Jeremy Falcon

                          I think Wal-Mart did take a turn for the worse after Sam Walton died, but this guy's arguments don't hold water for many reasons. Wal-Mart does put back into the ecomony (Clickety[^] and Clickety[^]). Target is a better example of not giving back. Also, some of the details this guy mentions are on the manager level and not the company level, per sé. Jeremy Falcon

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                          David Stone
                          wrote on last edited by
                          #14

                          Very true. It's funny that there are people who are this polarized over WalMart. I got the link from a friend of mine while I was talking to him about your post...and he's a diehard WalMart hater. I really don't care one way or another. It's just another place to shop. ;P


                          I can't afford those plastic things to cover the electric sockets so I just draw bunny faces on the electric outlets to scare the kids away from them... Newsflash! Kids aren't afraid of bunnies. Oh they will be... -Bash.org

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                          • D David Stone

                            Very true. It's funny that there are people who are this polarized over WalMart. I got the link from a friend of mine while I was talking to him about your post...and he's a diehard WalMart hater. I really don't care one way or another. It's just another place to shop. ;P


                            I can't afford those plastic things to cover the electric sockets so I just draw bunny faces on the electric outlets to scare the kids away from them... Newsflash! Kids aren't afraid of bunnies. Oh they will be... -Bash.org

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                            Jeremy Falcon
                            wrote on last edited by
                            #15

                            And as far as jobs go, they offer better than minimum wage (you won't find that at McDonald's), they tend to give raises more often (they are small though), and you get 10% off anything you purchase in the store (which saves low wage earners even more) -- except for groceries. And, they give Christmas bonus discounts. You don't get that with many low end jobs. Jeremy Falcon

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                            • J Jeremy Falcon

                              Rocky Moore wrote: I guess there is plenty of money in destroying local economies Exactly how did Wal-Mart destroy local economies? They offer thousands of jobs and decent prices to stretch a buck further. You consider that bad? Well, maybe if you're K-Mart. Actually, if you ever listened to Sam Walton before he passed away, it's not hard to see why people liked going there. He was a VERY customer oriented person. Jeremy Falcon

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                              Brit
                              wrote on last edited by
                              #16

                              Jeremy Falcon wrote: Exactly how did Wal-Mart destroy local economies? I'm guessing that comment was talking about the harm it does to independent, locally-owned businesses. However, one of the problems with Walmart is that they are so powerful they have enormous control over their suppliers. They literally tell them (the manufacturers) how much they will pay for an item. In most cases, businesses that use American workers can't compete because Walmart will only buy at the absolute lowest prices. The end result is that most manufacturers have to move their factories overseas in order to provide Walmart with the prices they want - either that or they lose the chance to sell through Walmart. In that sense, Walmart is bad for two reasons: they have so much power over manufacturers that they leverage most of the profits for themselves (leaving their suppliers with a bare minimum of profit), and they push the manufacturers so hard on prices that developed countries end up losing jobs to third-world countries that pay bare-minimum wages. ----------------------------------------------------- Empires Of Steel[^]

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                              • R Rocky Moore

                                http://msnbc.msn.com/id/7141138/ Gates is still in the lead. What surprised me was the Walton family and their huge Wal-Mart value coming in starting at 10th. That is five people $18 billion or more each. Combined, they are richer than Gates x 2! I guess there is plenty of money in destroying local economies.. Rocky <>< Idea / Invention: Business Backup Solution..[^]

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                                Rick York
                                wrote on last edited by
                                #17

                                I agree totally. I haven't set foot in a walmart in over ten years. Right after I saw every little shop in a small town near me shut down not long after a walmart opened in the area. I read an interesting statistic the other day : the annual sales for walmart is bigger than the entire semiconductor industry, including HP, Intel, and IBM. I found that to be astonishing. A bit disgusting too actually. Sorry, this is probably soapbox material but my kid sis agrees : she hates 'em too.

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                                • B Brit

                                  Jeremy Falcon wrote: Exactly how did Wal-Mart destroy local economies? I'm guessing that comment was talking about the harm it does to independent, locally-owned businesses. However, one of the problems with Walmart is that they are so powerful they have enormous control over their suppliers. They literally tell them (the manufacturers) how much they will pay for an item. In most cases, businesses that use American workers can't compete because Walmart will only buy at the absolute lowest prices. The end result is that most manufacturers have to move their factories overseas in order to provide Walmart with the prices they want - either that or they lose the chance to sell through Walmart. In that sense, Walmart is bad for two reasons: they have so much power over manufacturers that they leverage most of the profits for themselves (leaving their suppliers with a bare minimum of profit), and they push the manufacturers so hard on prices that developed countries end up losing jobs to third-world countries that pay bare-minimum wages. ----------------------------------------------------- Empires Of Steel[^]

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                                  Rocky Moore
                                  wrote on last edited by
                                  #18

                                  Yep! They move in and all the locals cannot begin to compete with their prices. Eventually, those locals go out of business and the local communities turn into fast food and wal-mart since nothing else can survive. It is not Wal-Mart's fault actually, it is the dumb consumer who feels they need to get the absolute lowest price regardless of what it does the local economy. This is nothing new and has occured for quite some time, however, I do not recall any time in history that it has happened on the scale that Wal-Mart brings. But, you know, Greed is driving most markets and the stupid people who fall for the tricks. Just look in this thread and others like it where people try to defend "poor" Wal-Mart.... Rocky <>< Idea / Invention: Business Backup Solution..[^]

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                                  • J Jeremy Falcon

                                    I think Wal-Mart did take a turn for the worse after Sam Walton died, but this guy's arguments don't hold water for many reasons. Wal-Mart does put back into the ecomony (Clickety[^] and Clickety[^]). Target is a better example of not giving back. Also, some of the details this guy mentions are on the manager level and not the company level, per sé. Jeremy Falcon

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                                    Rocky Moore
                                    wrote on last edited by
                                    #19

                                    Yeah, there really give a lot back.. When the top five owners are worth more than $18 billion each, that is really giving a lot back.... That $18+ billion each came out of the pockets of a lot of small businesses they destroyed. Rocky <>< Idea / Invention: Business Backup Solution..[^]

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                                    • R Rocky Moore

                                      http://msnbc.msn.com/id/7141138/ Gates is still in the lead. What surprised me was the Walton family and their huge Wal-Mart value coming in starting at 10th. That is five people $18 billion or more each. Combined, they are richer than Gates x 2! I guess there is plenty of money in destroying local economies.. Rocky <>< Idea / Invention: Business Backup Solution..[^]

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                                      raouls
                                      wrote on last edited by
                                      #20

                                      Rocky Moore wrote: What surprised me was the Walton family and their huge Wal-Mart value coming in starting at 10th. that's not suprising. remember that the usa isn't the world. and wal-mart is only in america. it sure ain't in south africa. microsoft on the other hand is a monopoly the whole world over. -- Raoul Snyman Saturn Laboratories e-mail: raoul.snyman@saturnlaboratories.co.za web: http://www.saturnlaboratories.co.za/ blog: http://blog.saturnlaboratories.co.za/ linux user: #333298

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                                      • R raouls

                                        Rocky Moore wrote: What surprised me was the Walton family and their huge Wal-Mart value coming in starting at 10th. that's not suprising. remember that the usa isn't the world. and wal-mart is only in america. it sure ain't in south africa. microsoft on the other hand is a monopoly the whole world over. -- Raoul Snyman Saturn Laboratories e-mail: raoul.snyman@saturnlaboratories.co.za web: http://www.saturnlaboratories.co.za/ blog: http://blog.saturnlaboratories.co.za/ linux user: #333298

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                                        Mike Dimmick
                                        wrote on last edited by
                                        #21

                                        raouls wrote: and wal-mart is only in america. They're in the UK too. They took over Asda, one of the big four supermarket chains, a few years ago. The largest is still Tesco, though. All the large supermarkets do exactly the same thing - extract as much profit as possible for themselves, drive down the price paid for goods as far as possible, specify exactly how an item should appear - and homogenise tastes. Stability. What an interesting concept. -- Chris Maunder

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                                        • R Rocky Moore

                                          Yep! They move in and all the locals cannot begin to compete with their prices. Eventually, those locals go out of business and the local communities turn into fast food and wal-mart since nothing else can survive. It is not Wal-Mart's fault actually, it is the dumb consumer who feels they need to get the absolute lowest price regardless of what it does the local economy. This is nothing new and has occured for quite some time, however, I do not recall any time in history that it has happened on the scale that Wal-Mart brings. But, you know, Greed is driving most markets and the stupid people who fall for the tricks. Just look in this thread and others like it where people try to defend "poor" Wal-Mart.... Rocky <>< Idea / Invention: Business Backup Solution..[^]

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                                          David Wulff
                                          wrote on last edited by
                                          #22

                                          Rocky Moore wrote: It is not Wal-Mart's fault actually, it is the dumb consumer who feels they need to get the absolute lowest price That has always bugged me. No one seems to care for community or good, reliable service. It's all money, money, money. I wonder how many Wallmart shoppers can name their neighbours, etc? It's a horrible disease but it's not Wallmarts choice it's those dumb fucking consumers always chasing the extra penny. I cried when I a friend over here said he was driving up to a superstore in London (that's about 300 miles) because they had iPods going cheaper than locally. I tried to explain that the cost in time and fuel - heck even the deprication of his car - would offset it but he wasn't listening to any of it. Astounding! :sigh:


                                          Ðavid Wulff The Royal Woofle Museum
                                          Audioscrobbler :: flikr

                                          Die Freiheit spielt auf allen Geigen

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