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| Business and Industries Discuss things going on in the corporate world, individual companies and corporate practices. |
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| Congressional Representative ![]() Join Date: Feb 2006 Location: California Dreamin Posts: 3,352
| Remember Wal-mart's "buy American" Program? It has all been a lie! Lie Low on China: Wal-Mart has a special relationship with China. In 2004, your company accounted for almost 10 percent of the $197 billion in goods the United States imported from the mainland. So Wal-Mart has a keen interest in what happens in the increasingly turbulent U.S.-China relationship. For the last decade, the United States and China have had an implicit bargain: China wants to keep its export prices low so it pegs the yuan to the dollar, and the United States needs China to use its export revenue to by Treasury bonds and finance the huge U.S. deficit. The Bush administration, pressed by many on Capitol Hill, pounded the Chinese to revalue or “float” their currency. In July, China finally budged--but just an inch, allowing its exchange rate to move up or down by about 2 percent against a basket of foreign currencies. China’s move--small as it is--probably will ease the China-bashing for a while. Truth be told, your interests are probably closer to Beijing’s than Washington’s when it comes to revaluing the yuan. You want low prices on the goods you buy from China, so a more significant revaluation of China’s currency may hurt your bottom line. So, in the meantime, lie low. But it wouldn’t hurt to diversify your supplier base so that when the yuan does rise further, as it inevitably will, you’ll be able to quickly turn to other suppliers who are almost as competitive as the Chinese are now. http://walmartwatch.com/blog/archive...rican_program/ P.S. spread the reality! Communism is good???????????????? Live the Light, Give the Light, Bring Heaven to Earth Every Day! I am not a human being having a spiritual experience, I am a spiritual being having a human experience. The ancient Greeks used to say, "You shall know a man by the friends that he keeps." Given the nature of their friends and advisers, what are we to conclude about the Republican party: Stop the madness before us it stops! Σταματήστε την τρέλα προτού να μας σταματήσεϊ Greek Last edited by intangible child; 08-22-2006 at 10:18 PM. | |||||||||||||||||||||
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| | #2 (permalink) | |||||||||||||||||||||
| Banned Join Date: Feb 2006 Location: Omaha Beach Posts: 7,298
| You mean that not everything you buy at WalMart is American Made? Good lord, say it ain't so!!!!!!!!!!!!!!!!!!!! | |||||||||||||||||||||
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| Senator ![]() Join Date: Nov 2005 Posts: 5,836
| If you can point to something in the store that has "Made in America" on the label, which was actually made in Taiwan, then you would have a point. Until then, I don't think anybody has rationally interpreted "Made in America" as meaning "everything we sell is Made in America". "(Gay marriage) is a debate about whether you think gay people are part of the human condition or just a random fetish." -- Jon Stewart "Please don't judge others by your own standards." -- Garysher | |||||||||||||||||||||
| | #4 (permalink) | ||||||||||||||||||||||
| Banned Join Date: Feb 2006 Location: Omaha Beach Posts: 7,298
| Quote:
You just HAVE to have something to cry about, don't you? That time of the month? | ||||||||||||||||||||||
| | #5 (permalink) | ||||||||||||||||||||||
| Senator ![]() Join Date: Nov 2005 Posts: 5,836
| Quote:
And you're bytching a fit because I said something? WoW! I think you've identified the wrong one of us who may be bleeding... "(Gay marriage) is a debate about whether you think gay people are part of the human condition or just a random fetish." -- Jon Stewart "Please don't judge others by your own standards." -- Garysher | ||||||||||||||||||||||
| | #6 (permalink) | ||||||||||||||||||||||
| Congressional Representative ![]() Join Date: Feb 2006 Location: California Dreamin Posts: 3,352
| Quote:
I don't buy anything from Walmart! Support communism, buy from communist china, buy from walmart! Live the Light, Give the Light, Bring Heaven to Earth Every Day! I am not a human being having a spiritual experience, I am a spiritual being having a human experience. The ancient Greeks used to say, "You shall know a man by the friends that he keeps." Given the nature of their friends and advisers, what are we to conclude about the Republican party: Stop the madness before us it stops! Σταματήστε την τρέλα προτού να μας σταματήσεϊ Greek | ||||||||||||||||||||||
| | #7 (permalink) | ||||||||||||||||||||||
| Banned Join Date: Feb 2006 Location: Omaha Beach Posts: 7,298
| Quote:
I will say, however, that with both my sons' cars, I've gotten tires and batteries at WallyWorld, because anywhere they travel (they now both live in Nashville), they can get service and/or replacements. I do like THAT part of Wally... | ||||||||||||||||||||||
| | #8 (permalink) | ||||||||||||||||||||||
| Council Member ![]() Join Date: Jun 2005 Location: Texas Gender: ![]() Posts: 1,442 Country: ![]()
| Quote:
"I am not ashamed of the Gospel, because it is the power of God for the salvation of everyone who believes." Romans 1:16 | ||||||||||||||||||||||
| | #9 (permalink) | |||||||||||||||||||||
| Congressional Representative ![]() Join Date: Feb 2006 Location: California Dreamin Posts: 3,352
| Buy American! Save American Jobs! ![]() How Americans Can Buy American American-made products available at online retailer BuyAmerican.com. Live the Light, Give the Light, Bring Heaven to Earth Every Day! I am not a human being having a spiritual experience, I am a spiritual being having a human experience. The ancient Greeks used to say, "You shall know a man by the friends that he keeps." Given the nature of their friends and advisers, what are we to conclude about the Republican party: Stop the madness before us it stops! Σταματήστε την τρέλα προτού να μας σταματήσεϊ Greek | |||||||||||||||||||||
| | #10 (permalink) | ||||||||||||||||||||||
| Banned Join Date: Feb 2006 Location: Omaha Beach Posts: 7,298
| Quote:
Or maybe you could buy a Toyota - made right in Kentucky. Who knows... | ||||||||||||||||||||||
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