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About us | The threat posed by the waltons is not merely in the size of their fortune. Older monied families such as the mellons, rockefellers, and the corrupted ford family fortunes have been more powerful politically and financially, as have also been the much smaller family nest-eggs of george soros and michael steinhardt. But the danger today is that the waltons, with such a storehouse of wealth available to them, will use it, for one thing, to build even more wal-mart stores, with even more devastating effects on the world economy! But not only that: The waltons are using their enormous leverage to carefully construct a banking empire, under tight family control. They are bankrolling a vast neo-conservative political network. For example, john walton, who is worth more than $20 billion himself, was the largest single individual contributor to gov. Jeb bush in the 2002 florida gubernatorial race. They are the principal financial force in the effort to privatize the public school system, through school vouchers, which would wreck public education. They would create a school-mart. Democratic presidential pre-candidate lyndon larouche has launched a national and international boycott of wal-mart, to expose and shut down the company. Larouche has shown that under wal-mart's policy of demanding that its suppliers supply goods to wal-mart at ridiculously low prices, the only way the suppliers can accomplish this is to shut down production in the United States, and ship it to sweatshop facilities overseas, which has caused the exodus of 1.5 million u. S. Manufacturing jobs. Wal-mart pays its workers below subsistence wages, and destroys communities. This is applied as a leading edge of a roman imperial-type policy, in which the American physical economy, no longer able to reproduce its own existence, sucks in a huge volume of imported goods from around the world. The more the United States feeds its import addiction, the more that destroys the u. S. Physical economy, while driving the current account deficit to new and dangerous heights. The campaign of larouche and, is drawing blood. Wal-mart's national spokesperson, mona williams, lashed out on nov.28,2003, "there's definitely a negative buzz out there. A lot of folks have started taking shots at us. " one magazine noted the shift: "wal-mart kicked off the year in the media as the nation's 'most-admired company, ' but it looks like it will wrap up 2003 as the 'beast of bentonville' " (bentonville, arkansas is wal-mart's headquarters). Last christmas, wal-mart registered very slim sales growth, partly due to the faltering economy, but partly due to what the media is now highlighting as a wal-mart "image problem. " in the retail industry, if sales are not rising year on year, there is a problem. |
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Industry Focus | Education & Training, Computer Related Projects |
Products/Services | Education & Training |
Our Markets | Worldwide |
No. of Employees | 51 - 100 People |
Annual Sales Range(USD) | Below US$1 Million |
Year Established | 1995 |