I think Sam Walton had a great idea and was a great businessman. He would not like what his vision and empire have turned into IMO.
Sam Walton had a vision. He pursued his vision. He made a lot of money for himself and his family. Isn't that what all of us strive to do? Given the opportunity, would not all of us like to have the kind of money that this man had/and his family has? I would. He started a business. That business meets the needs of many, many people who "choose" to shop there. Now, would I get a mortgage from Walmart? Probably not...I hope I never have another mortgage, unless of course I make those millions someday and can buy me a beach house.I am just saying that the Walmart bashers out there, I am sure would love to have started that business and succeeded as well as Sam Walton did. IMHO!!!!
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I agree
Exactly what has his vision and empire turned into that he would not have liked?
Is it not every businesses desire to be the best at what they do? Isn't that why businesses are started everyday? To be the best, to make the most money? I mean, why start and continue a business if it is not your desire to be the #1 business.
Just a thought Dune-AHH...you are up so early that you could go to the 24 hour Walmart and shop til you drop!!!
Yes, put all your faith in one gigantic, enormous company that will serve all your needs. Where have we down this road before?
That's like saying today's America is George Washington's baby. Sam Walton, were he around now, would clean house and put this country as the primary source of product. It makes sense in the long run. It about doing what's right for your country.Sam Walton had a vision. He pursued his vision. He made a lot of money for himself and his family. Isn't that what all of us strive to do? Given the opportunity, would not all of us like to have the kind of money that this man had/and his family has? I would. He started a business. That business meets the needs of many, many people who "choose" to shop there. Now, would I get a mortgage from Walmart? Probably not...I hope I never have another mortgage, unless of course I make those millions someday and can buy me a beach house.
You are being short sighted. It's not about lowest at the expense of your country. With Wal Mart's massive economies of scale, goods in America can be produced cheaply with massive factory orders. Regarding Chinese quality, well what product group are you talking about? Pencils, microprocessors, cars, shampoo? We've given away the farm with their currency manipulation and have enabled our own deficit spending because they buy huge chunks of our debt. It's bad business for America to do these things for low prices, because the scenario I point out weakens our country, and is not fiscally sustainable in the long run. It's much like the Latin bumrush across our borders. Personally, I can remember paying 200.00 for my first DVD player at Costco. Now 30.00 buys one made in China. Every room in my house that has a TV has a DVD player. Do I need them? No. Does it raise my standard of living? I would argue no. I would rather pay 99.00 for one American made player built by Americans. There would be less trade deficit, less foreign influence from our debt purchase, and more national strength through manufacturing infrastructure. Our country would be more self sufficient and could not easily be held hostage by any country or group like OPEC. This was the scenario we had during the cold war. China owns us business wise, and we rely on them too much for manufacturing sourcing. One day they're going to face us down when we object to their military ambitions. Will we have the sway to make our position stick when they produce most of our everyday goods? That's the true cost of your cheap Chinese products we take for granted today, much like OPEC and terrorism, our dollars our slowly funding a problematic rival at the expense of our autonomy and way of life.
