Why bailout failing a failing business in the first place? If it makes sense to throw a lifeline to GM then why not Winn-Dixie, your local hardware store, or the guy with a hot dog cart?
Walmart is sucessful because it controls it's costs and it knows exactly what cost every aspect of it's business has. From labor down to the cost of a cardboard box. This is something that got away from the US auto makers and can't be fixed by throwing more money at it.
Totally off the point random thought: Have you seen the Disney movie Wall-E? My family now refers to Walmart as Buy-N-Large.
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01-01-2009, 01:35 PM
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