SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Impeach George W. Bush -- Ignore unavailable to you. Want to Upgrade?


To: TopCat who wrote (64512)7/6/2006 11:45:50 AM
From: American Spirit  Read Replies (2) | Respond to of 93284
 
Walmart is a monopoly in any small town they enter.
They put every competitor out of business quickly. The local banks immediately mark down the value of all small businesses in town once Walmart arrives. Those small businesses can no longer get loans and they cannot compete with Walmart's prices so they go under. Walmart becomes a monopoly.

In large communities Walmart has some competition from Target, K-Mart and 99 cent store, but in smalltown America they wipe everyone else off the map. This is a huge tragedy for the heartland,e specially since Walmart pays sub-par wages with no health benefits.