Tag Archives: wal mart

Countdown with Keith Olbermann

Keith Olbermann is on now.

  • Keith starts with Libya. It is interesting that he started with this topic. Whether you like our action in Libya or not, you must admit that we should have the debate. The Obama administration is trying to avoid the debate. I have argued that we don’t have debate in this country any more.
  • First Guest – Michael Moore
  • His second story was on the Supreme Court throwing out a class action lawsuit against Wal-Mart. (good analysis here) He then discusses Justice Clarence Thomas’ conflict of interest with him and his wife receiving money and expensive gifts. I can’t stand Clarence Thomas. I’m very biased against him and therefore, I don’t like to talk about him. He makes me nauseated. Anyway, Keith brings back John Dean to discuss these issues!!
  • Worst Persons in the World is back!

I have nothing against Lawrence O’Donnell. I think that he is very knowledgeable. He simply isn’t compelling TV. I want someone with a little bit of an edge. Keith has that edge.

Outsourcing is killing the middle class

It would seem that this would be obvious to almost everyone, but…

From TP:

A Washington Post/ABC News poll released this morning finds that 44 percent, a plurality, of Americans think the economy is getting worse, rather than staying the same or getting better. With unemployment hovering around 9.6 percent while economic inequality is at levels not seen since the Depression, many Americans feel as if the economy is leaving them behind.

The Wall Street Journal reports today that Corporate America certainly isn’t doing its part to help bring America out of its economic malaise. The paper surveyed employment data by some of the nation’s largest corporations — General Electric, Caterpillar, Microsoft, Wal-Mart, Chevron, Cisco, Intel, Stanley Works, Merck, United Technologies, and Oracle — and found that they cut their workforces by 2.9 million people over the last decade while hiring 2.4 million people overseas.

The paper notes that this is actually a sharp reversal from trends in the late 1990s, when these major companies were creating more jobs in the United States than overseas. Yet by 2001, things took a turn for the worse, and these corporations have been adding more jobs abroad than at home, as is illustrated here:

Is Target turning over a new leaf?

I saw that story last week or the week before which mentioned that Target had given money to a political action committee and that political action committee gave money to some far right wing homophobe. I was incredibly deflated. I foolishly thought that Target was the good box store and that Wal-Mart was evil. There may be a small glimmer of hope. It appears that Target is going to look over their policies (whatever that means).

Maybe I should quit buying stuff altogether?