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rsmith6621

(6,942 posts)
Sun Jun 22, 2014, 11:59 AM Jun 2014

On This Day In Walmart History.



http://prospect.org/article/wal-marts-image-0


The mechanization of agriculture had finally reached the backwaters of the Ozark Plateau, where he was opening one store after another. The men and women who had formerly worked on small farms suddenly found themselves redundant, and he could scoop them up for a song, as little as 50 cents an hour. Now the goddamn federal government was telling him he had to pay his workers the $1.15 hourly minimum. Walton's response was to divide up his stores into individual companies whose revenues didn't exceed the $250,000 threshold. Eventually, though, a federal court ruled that this was simply a scheme to avoid paying the minimum wage, and he was ordered to pay his workers the accumulated sums he owed them, plus a double-time penalty thrown in for good measure.

Wal-Mart cut the checks, but Walton also summoned the employees at a major cluster of his stores to a meeting. "I'll fire anyone who cashes the check," he told them.
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On This Day In Walmart History. (Original Post) rsmith6621 Jun 2014 OP
So. All the crap about Sam Walton being a better guy truebluegreen Jun 2014 #1
I didn't know this either BrotherIvan Jun 2014 #2
 

truebluegreen

(9,033 posts)
1. So. All the crap about Sam Walton being a better guy
Sun Jun 22, 2014, 12:13 PM
Jun 2014

than his offspring (you know, he "bought American" and they don't) turns out to be...crap.

What a surprise.

BrotherIvan

(9,126 posts)
2. I didn't know this either
Sun Jun 22, 2014, 01:42 PM
Jun 2014

But daddy Sam breaking up the inheritance before he died to dodge taxes was sort of telling. I wish more people knew about this and would refuse to buy their crap.

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