Tag Archives: corporations

WalMart now wants to take over the banking business. Since it’s easy to get a bank charter in Utah, our state seems a good target for the giant corporation.

Not without a fight.

Today’s papers have posted articles on what opponents are doing to keep the richest corporation in the world from invading:
Wal-Mart bank plan slammed at FDIC
Public hearing: Industry warns of dire outcome if Utah plans come to life (Includes links to other articles)
Wal-Mart foes speak up: Keep to banking issue at hand, Garn tells hearing

More than a dozen organizations testified against Wal-Mart’s application before the Federal Deposit Insurance Corporation, which has never before held a public hearing on a bank application. The hearing continues today. Many witnesses worried that if the government allowed Wal-Mart to begin banking, even in the limited terms outlined in its application, it would lead to a dangerous combination of commerce and banking by a company known for crushing competitors and driving out small businesses. (Deseret News)

Davey is standing up to Goliath yet again – let’s hope that Davey wins this time.

DOES YOUR COMMUNITY HAVE WAL-MARTITIS? Symptoms include: swelling welfare rolls; depletion of public funds; exhaustion; difficulty making ends meet; and feverish profits. Contact the Bureau of Worker Health immediately.

The Ruckus Society has developed a campaign with other organizations to “quarantine” Wal-Mart.
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I was asked in an email to share this message about WalMart with friends, so here it is:
WalMart Workers Rights has produced a video that is a pardoy of Garth Brooks’ commitment to sell his music exclusively through WalMart. Attached to the video is a petition you can sign to stop WalMart’s Union Busting Practices. Watch the video at:
WalMart Workers Rights

Sometimes, Davey wins.

An article published on Common Dreams announces a law passed by Maryland legislators that targets Wal-Mart and requires an increas in health care coverage by companies with more than 10,000 employees. This law requires these companies to spend at least 8 percent of their payrolls on employee health benefits.

This “fair share” law is in the works in about 30 other states and the passage of such a law in Maryland has given inspiration to legislators across the country.
In each state proposal, affected companies that don’t meet the payment threshold would have to pay the difference into a state fund to assist the uninsured.

Maryland’s passage of this law came after its Republican Governor, Bog Ehrlich, issued a veto.
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