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Wal-Mart Playing Cool on Mexico Scandal

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    FBN’s Gerri Willis discusses whether Wal-Mart should be concerned about the investigation into bribery charges in Mexico.

  • Duration 5:54
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-- -- From a fox -- -- -- journalist who wanted to slows good morning good to see you are -- this -- -- this -- your fibers -- yeah.

A great.

-- but I mean like the mix.

You know the drive by truckers she never gonna change.

A -- should go Jack why don't discourage.

Idiocy blunder but she's going to be here in town.

He's got that new album out.

It's called blunder about it's it's solo album he's out with that I heard some of -- this weekend and I guess he's he's appearing here sometime this month or next month.

The well you're gonna go.

The tickets are like a 144 dollars which I think it's a little pricey frankly but.

Want you can afford not to mention well yeah I know I'm just too cheap skate what -- I -- that's what is your husband their.

She is in the business of conferences he works for the Direct Marketing Association like a block away from here McIntyre form -- -- there -- -- Are sure Hank done out of where Waylon Jennings current -- Brian McConnell -- -- Saudi way of this Wal-Mart -- deal what do you know about.

I know about it same -- I read the Paper -- that 7000 word essay by the New York Times.

You know look.

Is this surprising the thing I was thinking about last night at -- -- total 34 million dollars they used to bribe is Mexican officials that's nothing to Wal-Mart.

That's that's a rounding error for those people that company is so big their revenue sell high.

There you think about that I'm sure it was like not even on their radar relying yes one of the times -- -- all.

-- wonder why it's entitlement to such a -- deal all of it well.

You know the times and a lot of people in New York don't like Wal-Mart.

They don't understand its appeal -- a lot of communities look.

In a little tell my mom lives -- -- -- by North Carolina.

Wal-Mart brought down prices on goods that people didn't even have access to when it came the real tiny stories they're people couldn't get anything at all.

Now Wal-Mart is there low low prices look I'm not an advocate of Wal-Mart but I just think they -- -- to.

-- well -- first got American.

-- Either formally or was.

-- took my wife to -- -- Arizona.

So she could stand on a corner.

-- Diego stood him.

-- -- -- -- -- -- -- -- -- But the town -- -- boarded up.

-- was boarded -- Hummer because of almost all local store board and room.

Well I got to tell you Wal-Mart.

-- -- think it happened all over the country a lot of small businesses went out of business because a Wal-Mart on the other hand people couldn't get goods at prices they could afford.

I mean.

So there's a give and take there so you don't think this -- 24 million dollars in bribes.

-- -- -- -- -- -- -- -- You know -- that we we should pursue the -- right but at the end of the day for Wal-Mart from the inside of their business and -- surrounding here that some a lot of money.

So -- -- and honor and -- and on what's an amount Bentonville Bentonville.

-- -- on -- -- -- -- -- Well let probably aren't gonna think that for too long the long arm of the -- and a common they're going to be in big big trouble apparently goes all the way to the top you know.

So -- -- happened today.

Well I think you know I don't know I'm not all that familiar with those statutes I don't know people go to jail -- they just pay a fine normally these guys get off with just -- And I'd like to turn your Cavuto or you're -- -- believable.

Let's break it hits the well some some want to give a lot of credit -- -- yeah -- and -- and I think is pretty yet there's -- gonna Dennis.

-- let Diana be imprisoned and -- 'cause last year and well.

And us client elected emailed me what he's doing jokes.

Because -- can email your back while he's -- to -- Now then they should be able decision be in jail with -- And he brings -- judge on idol judge and on the -- on offshore.

While knowing if you want you to do nothing I'm okay -- -- remembers is my wife is also an understanding.

Settlers on at a loss and so.

-- analysts -- credit Jericho I don't want him of selling aren't talking to journalists.

-- shows on a 5 PM eastern time.

On the Fox Business -- -- she's always tallest -- -- And our beloved and assumption of commitment absolutely you know -- us some notes on my screen and -- born in time Hillary Rodham Social Security funds are run out -- -- -- 333.

Years earlier than expected what is Richard tournament.

Now that's the disaster.

Wal-Mart 34 million who cares.

But Social Security running out of money even faster than we -- and that's we get a fix that and there's only one way to fix that and that's to rein in spending.

And it's tough medicine back.

Otherwise we you know we're not going to be able to pay for it's gonna go out of business.

-- what's a potential.

For actually spending from Runyon and spending the -- in the way the government works went lobbyist works I wasn't aware that triple question problem in.

The mean what what what are some potential for actually -- reining in spending.

Well you know what's interesting is that.

-- -- Medicare Advantage that's in the headlines right now because the president wants takes money out of it this is a program that actually worked because it was hooked up to the private sector rate.

Allow people to choose plans insurance plans for pharmaceuticals.

In the private sector now that worked and now we're getting rid of it.

That's what's gonna happen without plan we have examples.

Of private sector solutions to health care.

Their work that have been successful but the we're ignoring -- -- -- -- wanted to be saved.

There was a lot of money saving Syria and yeah we've already seen that so that's something that should be emulated and built on because we've already so that shows you can't.