Walmart has grown rich and powerful by formulating the outsourcing that is destroying the US economy. They had $10 billion profit last year and had $5.5 billion cash at the end. Like every business, their profit comes from the community that purchases their trade goods. A few million from them is a criminally small donation, especially when you look at the corporate/rich tax cuts that shift the burden on to the same people who provide corporate profit. The response to the disaster is typical of corporate parasitization of communities, where all profit originates. Only the pretension of support is given back, by those who grow rich on our purchases.
In the overall economic picture, Exxon and Walmart aren't even the biggest criminals, except to the extent they have loaned out or invested their excess loot. Finance, i.e. banking, insurance and brokering don't even contribute real products. They are the purely abstract, parasitic burdens on the economy. Every penny of profit they pocket is stolen from the communities they afflict. As the scenario plays forward, as a natural consequence of national economic despoliation, individual poverty must increase. The middle class weeny is at the roast.
I'll feed myself and provide other necessary resources so that
I may continue to write.
A G Kaiser
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