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Elijah'sMommy
04-20-2005, 10:44 AM
CHICAGO (Reuters) - An organization opposed to Wal-Mart Stores Inc. (NYSE:WMT - news) took out a full-page newspaper advertisement on Wednesday that accuses the world's biggest retailer of costing U.S. taxpayers some $1.6 billion a year.


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The advertisement in The New York Times says Wal-Mart's low pay and benefits forced tens of thousands of employees to seek government aid in the form of Medicaid, food stamps and housing assistance.


The group, which calls itself the Center for Community and Corporate Ethics and lists union leaders, environmentalists and academics among its directors, aims to "fight Wal-Mart on the streets, in the media, and in the customer's mind," according to its Web site.


The organization asked people to sign up at www.walmartwatch.com -- which it called a "war room" -- to help fight Wal-Mart and said it would mail sample legislation to elected officials showing them "how they can pass laws to put the brakes on Wal-Mart."


"Wal-Mart may not realize it yet, but this fight will be different," the advertisement reads.


A Wal-Mart spokeswoman did not immediately return a call seeking comment on the newspaper ad.


Wal-Mart has faced massive opposition from some human rights groups, labor activists and others who contend that the retailer drives competitors out of business and pays its 1.6 million workers poorly.


But Wal-Mart has repeatedly argued that it improves the standard of living by offering low prices, and points to huge numbers of applicants as evidence that it provides good jobs.


Wednesday's advertisement comes three months after Wal-Mart took out its own ad in newspapers across the country, touting the jobs it plans to create this year, its employee benefit packages, and the diversity of its work force.


Wal-Mart's stock, which hit a 52-week low on Tuesday, dipped 9 cents to $47.51 in early New York Stock Exchange trading

http://story.news.yahoo.com/news?tmpl=story&cid=568&ncid=568&e=15&u=/nm/20050420/bs_nm/retail_walmart_dc

stresseater
04-20-2005, 06:40 PM
This is hilarious to me. If they want to wast their money on unfounded claims well I guess more power to them. Face it there are MANY jobs out there that pay below the "poverty line" and nobody forced these people to work there. Seems to me this is just a bunch of bitter people who want more money for a job that, let's face it is mindnumbingly easy. It's not like these people are being forced to work in sweat shop conditions for pennies a day. :rolleyes: :rolleyes: