38 ordspråk av Chris Kofinis

Chris Kofinis

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Federal regulators need to heed Chairman Greenspan's warning and realize that a Wal-Mart bank would pose serious and grave threat to consumers, community banks and the economic health of this nation.

All we know is that again and again, Wal-Mart will say one thing and do the opposite.

More consumers don't just see Wal-Mart as a business, they see it is a social and political issue. Until Wal-Mart changes substantially, those consumers they are going after, who can make a choice about where they shop, will avoid Wal-Mart.

The truth is, Wal-Mart is feeding the Medicaid crisis in state after state by passing on their health care responsibilities to the American taxpayer.

In terms of pay and benefits, the Wal-Mart business model is leading this race to the bottom. Unfortunately, other companies are following it.

None of the changes address the key point that a 'Wal-Mart bank' would result in a dangerous concentration of economic power which is bad for consumers, small business, and our nation's economy.

Wal-Mart wants America to believe it's responding to the growing calls for change, but real change is measured by positive actions, not empty words.

We've been very active in leading the way. Wal-Mart is trying to gain a competitive advantage in the marketplace.

Rather than address the serious issues of unaffordable health care, poverty wages, crime, and sprawl, Wal-Mart?s latest and greatest public relations stunt is to try to rebuild a fraction of the very communities and small business it has helped destroy.

If Wal-Mart was serious about diversity, it would hire independent auditors, stop refusing to disclose its diversity goals, and finally release the hard data about what Wal-Mart pays its women and minority workers.

The notion that Sam Walton cared about its workers, and the community, those positive aspects have gone.

Stuck in the midst of a public relations quagmire that no other company faces, Wal-Mart realizes that it must change its faltering public image to ensure its future success.

For years, labor leaders were fighting Wal-Mart the old way, but times have changed.

This is a desperate attempt to remake their faltering image.

We don't need additional studies to show us what we already know. Instead of supporting conferences, it should focus on its core problems and failures that it knows already exists.

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