Home Depot Rant

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JoeSpareBedroom wrote:

claim to be capitalists are really socialists. Why do megacorps such as Wally who is soundly defended by many as being a model of Capitalism want to have the government lift money out of our pockets to pay their expenses. Why have many of the flagship brokerages and financial institutions who declare they are capitalists beg for the government to pull money out of our pockets (makes them socialists) to be bailed out of stuff like sub prime because they were greedy and made bad investments? Let them go broke just as you or I would if we were pigs at the casino.
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George wrote: ...
> [on why W-W et al. accept incentives or other assistance]...
Good ol' capitalistic profit motive, of course. As long as someone else will ante up, why not? (From their viewpoint, of course.) Simply for WallyWorld, it cuts their costs thereby raising margin and aids their competitive advantage. What's not to like?
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How about you pay MY property taxes because I bribed town officials to write the law which requires you to do it? How do you like that idea?
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JoeSpareBedroom wrote:

Go for it...just save the film of the envelope under the table for the prosecutor.
:)
--
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This is exactly what WM has done in many locations. You may argue with "bribed", but we both know there's no way politicians agree to things like this without an incentive of some sort.
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JoeSpareBedroom wrote:

Yes, except the incentive is higher sales tax revenues, employment, and particularly in smaller markets such as here(*), enticing more distant folks to town that otherwise might come far less frequently.
OTOH, on occasion, despite WM's best efforts they don't get what they want. Wichita just turned down a rezoning application appeal and successfully defended a subsequent lawsuit seeking overturn of that decision which prevented them from placing a SuperMart in a location they had selected. The reason? -- local neighborhood homeowners' association _organized_ and put on a sufficiently good case that the location was not good for their neighborhood and traffic patterns.
So, like we have discussed before, if you don't like the way things are going in _your_ little corner of the world, organize w/ some others of like mind and change it. Don't simply say it can't be done because "everybody" is corrupt--they're not, they simply have a differing world view than you (as, fortunately, most of the world seems to).
--
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That sales tax reasoning doesn't always hold true.
Enjoy: http://www.walmartsubsidywatch.org/
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JoeSpareBedroom wrote:

Almost nothing _always_ holds true.
It all depends on what local conditions are. I forgot to add my footnote earlier about small market locations.
In areas such as this (which are by far the majority of the country by geography if not by population), the reach of a single SuperStore or other large box merchandiser may reach as far as 100 miles owing to there not being other sizable population centers in that distance. The effective shopping area here is estimated at about 80 mile radius as that is roughly the halfway point for much of the OK/TX panhandles and ne NM/se CO for here as opposed to the closest town of 20k or more in those areas. In that environment, it's very observable that the number of vehicles in the WM parking lot w/ out of county and state plates is a sizable fraction at all times and on weekends may be a sizable majority. As hard as it is to fathom in some ways, it becomes a "destination". A year or so ago I made (a rather rare for me) trip into WM and happened to be following a mother and about a 12-yr old daughter I would guess into the store. I had noticed the TX tag in the parking lot as I had pulled in behind them there. As they got into the store the young girl was looking around at all the "stuff" and says "Mom, I don't think we're in ________ any more."
While there's no doubt it has hastened the death of most of the small businesses of before, the total sales volume far exceeds that of the town prior to its opening. I, personally, would rather have the individual shops and would gladly forego the WM, but that's not the attitude of the large majority.
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When businesses get special favors from towns & cities, it's called socialism.
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Not by any reliable definition such as Merriam_websters
: any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods2 a: a system of society or group living in which there is no private property b: a system or condition of society in which the means of production are owned and controlled by the state Proabably 90% of what is called socialism in these kinds of discussions, isn't. If you want a catchy phrase go with corporate welfare, but then tell me why some people should get welfare and Corps. should not. Consider it an essay test (g).
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And it is almost impossible to own a family bussiness now and jobs go overseas cuase of the cheaper policy of Wallmart and Wallmart don't care that it closes a plant look at rubbermaid
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jim wrote:

As strange as it may seem, foreign companies employ more Americans than the reverse.
Besides, Adam Smith ("The Wealth of Nations") settled this hash in the 18th century. Everybody benefits when countries (actually the people in them) do what they do best.
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And it is almost impossible to own a family bussiness now and jobs go overseas cuase of the cheaper policy of Wallmart and Wallmart don't care that it closes a plant look at rubbermaid
The only way Wal Mart could close Rubbermaid is to own it. They don't.
The suppliers to WalMart are greedy too and want the big volume business. Read about Vlasic Pickles http://www.peaktalk.com/archives/001848.php
Then read about how a company can say no to WalMart and be a success http://www.fastcompany.com/magazine/102/open_snapper.html
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dpb wrote:

I suggest the "organized citizenry" is beyond corrupt; it is merely mob rule.
Turn the proposal around. The organized citizenry was not good for Walmart, therefore their motives and reasons should be ignored. If the decision rests on whether someone dislikes the proposal, then Walmart's (presumed) dislike for the neighbors' ideas should be similarily discounted. The argument "But we don't like it" is just as valid coming from Walmart.
Fortunately, that issue doesn't come up in my town (Houston); we don't have zoning.
On the other hand, some years ago the neighbors living in the flight path of LAX began demanding that flights be curtailed over their neighborhood during the nighttime hours. They picketed, filed suit, and, in general, made a nusiance of themselves. The fact that the runway was there LONG before the homeowners was somehow lost on them.
What they didn't consider was that LAX was a division of state government. LAX condemed the land that harbored this nest of malcontents, paid them a pittance, and extended the runway.
In the case of the activists in Wichita, I wouldn't be surprised if Walmart let the conflict die down then persuade the city council to evict all the subversives via eminent domain so the property could be sold to Walmart, thereby enhancing tax revenues. Probably a blighted area anyway.
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wrote:

If you own a farm, that's probably happening already !
<rj>
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JoeSpareBedroom wrote: ...

Well, not entirely, apparently. A few years ago they refused to anchor an urban river development project in a city near here at least in part because the incentives offered weren't sufficient.
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Perhaps their policy changed. Let's see what the future holds in store.
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HeyBub wrote:

of the state sales tax. There are two counties that have an additional 1% tax that is added to the state sales tax and that is collected with the sales tax and remitted to them.
It is an issue in my state because somehow walmart has arranged to have themselves put into the same category as a small business startup business venture but with extra super good terms that no one else gets.
We acquire the properties for them including leveling mountains to prepare the site, build all of the infrastructure including access roads, traffic signals, utilities etc and then they get a 9 year tax exemption. When the tax exemption is about to run out wally simply calls and has another site prepared for their use. The nearest wally to me has a perfectly adequate site but we are preparing a new site less than a 1/4 mile away from there which has included extensive blasting and leveling for at least the last six months. Then wally employees are the biggest drain on the state's medical care system because their employees are in the poverty level and qualify for help.
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What's dreadful about having no Walmart. They are dumps.

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In New Orleans.
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