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Demos co-founder David Callahan argues Wal-Mart’s bribery allegations are another example of why it is an untrustworthy company.
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Thailand says he's next on bribery charges -- proved once again a -- of the planet.
To make money so.
You you think the charges are really you're not even getting -- about it and now.
Yeah I can't say I'm surprised to see Wal-Mart in trouble again.
You know I knew there is a reason -- a target guy.
I mean this company has been in so much trouble in so many different ways they were so many years.
This is just more of the same and the charges seem very real and kicker here -- is not just that widespread bribery in Mexico it's also that this was covered up at the very highest levels.
Of the company that they knew what was going to -- -- Isn't.
This is why.
We should not allow Wal-Mart to expand and -- cities are we should allow wal mart's two.
Claim that this.
And just live -- business ignoring ignore -- I'm not saying by the way.
We're breaking laws pregnant law and I I broadly agree -- there.
Yeah well but then all of a sudden all the gauntlet to four dollar prescription drugs that the savings it did it manages to give people in this day and age of that runaway in -- -- None of that will matter you would sound Europe's smoking gun and you're gonna fire away.
Well I think a lot of communities that are wary about Wal-Mart are wary because it's not a great corporate citizen I mean.
When you're talking about letting Wal-Mart come into your community your talking about a a 200000 square foot store covering twenty acres.
You know.
That has a history of this company has a history of discriminating against workers busting unions.
It's engaged in wage that it's been sued -- settle suits seventy times.
What I was generally available anywhere between Palestinian he's -- when those communities come -- they hear that a Wal-Mart is opening in -- 800 positions.
As is the case in -- Pennsylvania community providing about because I know this community well.
And more than 5000 show up -- those positions and its citizens to an excess of 101000 individuals.
Obviously -- mom must be doing some good in towns are definitely need to jobs -- big unemployment crisis in this country but.
You know one of the big drug affordability crisis went well for dollar drugs I don't believe -- I'm not mitigating what -- Are alleged to have done I'm not mean you know saying they're guilty right now I'm like you know what it -- -- but but then did you negate everything else.
No I mean you know the -- that these big big box stores have pros and cons they drive small business at -- at small businesses out of business.
But they also lower prices that's great.
But this goes to the question of -- most.
Yes that's great.
I mean to a lot of folks I know you're wealthy young -- but.
So a lot of -- that makes a big difference to a lot of folks who get you know they're tied they're fluid there a lot of you know -- -- -- debt crisis that is certainly favorable it makes a big dips.
Parents we'll look at the studies on what happens when Wal-Mart comes into a community.
Yes it lowers prices but it also wipes out a lot of small businesses and that has a negative economic impact so it's not the share.
You know upside that you're talking about in any case this Mexico case goes to the question this company's.
Corporate character this is an un trustworthy company community should be wary about having it.
In their community but -- And if we're not if they were not a nonunion she -- And and we later discover let's say it will Wal-Mart deals tend to deter a lot of companies under the bus is -- mentioned with the judge.
And -- and plenty of other unionized company it's.
Come to light and have -- -- essentially the same thing to buy influence and jobs in Mexico.
That's what they did.
Would you find it it at that tad -- that the only companies singled out of what I'm told is a common practice south of the border.
Is the one that doesn't have a you.
We'll look at you know there's been this big crack down to enforce the foreign corrupt practices -- so Wal-Mart is not the only company that federal authorities are going after -- come on -- CE OJ it's a huge one I didn't and there are a lot of other companies to do it does is that they're holding their breath for fear of what's gonna come to light but there.
There will also relaxing because well you know what we have unionized jobs yeah -- don't -- scenario this is the tip of the iceberg story a corrupt company.
Once again revealed to be even more corrupt than we.
Suspected I mean there's -- CEO the the former CEO's they knew about this bribery scandals in general that we don't know I don't know you as soon as certainly have been awarded a Leno now we don't know my guess is that when we do you know -- the facts will be even worse than what's been reported.
Given the history of Wal-Mart which -- so let's say let's say it is -- it is reported -- to give about a job right now.
And other companies come to light and they're unionized jobs and you're just as aggressive toward then.
You will have some consistency.
Absolutely this is it's important to go after this bribery ever sees corruption is a huge problem globally okay.
There's always a pleasure to be here --
