• Front page
• Receive this content on your RSS reader

This Speakout has not been edited

By John K. Miller, Rolla, MO

First of all, I’m surprised to see RMN in favor of Wal-Mart.

On the other hand, like most liberals, you’ve missed the point of Wal-Mart’s wanting to own an “industrial bank.” As Wal-Mart has stated repeatedly, they are NOT interested in having an industrial bank to operate banking facilities in their stores. Wal-Mart wants to own an industrial bank to handle all of the credit card and debit card transactions in Wal-Mart stores, Sam’s Clubs and Neighborhood Markets, so that they don’t have to pay fees to a regular bank to process these transactions. By processing these transactions themselves the company will save money and can pass these savings along to their customers. By prattling on about how Wal-Mart can/will open full service bank branches in their stores and compete with regular commercial banks, you’re just adding fuel (and fear) to the anti-Wal-Mart fire of the Democratic Party and the labor unions.

One fact that Sen. Tochtrop & Rep. Marshall (and other politicians of their ilk) had better wake up to is, the majority of the citizens of Colorado (whom they work for, not the unions) as well as the majority of the citizens in the rest of the U.S., like Wal-Mart. If they didn’t, Wal-Mart wouldn’t be the largest company in the world. They keep attacking Wal-Mart & come re-election time, they may find themselves unemployed.

Since SB 40 prevents Wal-Mart from doing something they have repatedly said they have no intention of doing, let the Colorado legislature pass it.

It will serve to show the people of Colorado that contrary to popular opinion (and the way it’s supposed to work) the state legislature doesn’t work for the people, those who elected them, but works for the unions who pay them extra to vote the way they (the unions) want.

If the FDIC buckles under to the Democratic Party and labor unions and denies Wal-Mart (and other large corporations) the right to own an industrial bank, they’re going to have a lot of explaining to do since a precedent has already been set by letting other large corporations own an industrial bank.

Oh, and in case you haven’t already guessed it, I’m a Wal-Mart hourly associate. I work at the Wal-Mart Distribution Center in St. James, MO. I read an abbreviated version of your article in the Daily News section of Wal-Mart Wire, a company on-line service for associates that features world-wide news articles about Wal-Mart (good and bad) and other company related items. I then read the entire article on your web site. I’m 58 years old, have worked for Wal-Mart for 5.5 years, and haven’t had any use for unions for over 40 years, so no one can say that I’ve been brain-washed by Wal-Mart. I’m retired from one career and am working at Wal-Mart to supplement my retirement income. I’m earning well over twice the minimum wage.

READER COMMENTS

Yeah Vince "Let the Market Rule the World" Carrol is a liberal like all the other crazies at the RMN.

What?! Wal-Mart has happy employees? I thought that they were all forced to work for slave wages and were chained down between shifts so they couldn't escape. My bad. I should never believe the liberals who shop at Whole Foods and pay twice what Wal-mart shoppers pay.

POST A COMMENT

• Why so much turnover in mayor's office?
• Hearing on the Ruby Hill towers
• Let freedom ring
• Promoting socialized medicine
• Immigration Laws or Lack Thereof
• Atheist Diversionary Tactics
• The "Melting Pot" is unique to America
• Many mighty hearts covering the world