Wal-Mart Nixed Paying Bangladesh Suppliers to Fight Fire. At a meeting convened in 2011 to boost safety at Bangladesh garment factories, Wal-Mart Stores Inc. (WMT) made a call: paying suppliers more to help them upgrade their manufacturing facilities was too costly. The comments from a Wal-Mart sourcing director appear in minutes of the meeting, which was attended by more than a dozen retailers including Gap Inc.
(GPS), Target Corp. and JC Penney Co. Details of the meeting have emerged after a fire at a Bangladesh factory that made clothes for Wal-Mart and Sears Holdings Corp. killed more than 100 people last month. The blaze has renewed pressure on companies to improve working conditions in Bangladesh, where more than 700 garment workers have died since 2005, according to the International Labor Rights Forum, a Washington-based advocacy group. PVH Signature PVH Corp. Gap decided against signing the document in October, Bill Chandler, a spokesman, said in a telephone interview.
Gap Plan Zeldenrust called Wal-Mart’s position “shocking.” Living Hell. I-want-you-to-disagree-and-fight-amongst-each-other.jpg (JPEG Image, 500x500 pixels) More nutshell wisdom.
Even US Soldiers are Waking up to the New World Order. Price of drug to prevent preemies jumps from $20 to $1,500 after FDA approval - latimes.com. Drug monopolies courtesy of government | Braincrave.com... where minds meet. Contrary to Wikipedia and its source - pseudo-economist Paul Samuelson, who was the "key to Keynes' influence" - there isn't any such thing as a natural monopoly. Any monopoly that comes about and maintains its power does so solely through government intervention (e.g., regulations, subsidies, laws). In other words, the only monopolies that exist are the ones that government creates or allows to exist. Competition will always exist unless the government prevents it. Take drugs, for example. There's a drug pregnant women take who are at risk of delivering prematurely.
The government's National Institute for Health did all the initial development at the taxpayer's expense and it sold for about $10 per shot. That is... until the government gave the exclusive rights to a drug company purportedly in exchange for "full clinical and regulatory treatment. " Price of Preventing Premature Births Skyrockets.
America: The Grim Truth. American Corporatocracy. Citigroup attempts to disappear its Plutonomy Report #2. Countdown with Keith Olbermann Countdown with Keith Olbermann. Corporations Control Gov't. Other. Corporations Influencing Policy. Corporate Greed vs Public Interest.