Click HERE for the full & original pdf file markbrumbaugh quoted above. You might consider saving the pdf file to your computer then forwarding it to the US senators & representatives of your state.
If I understand this, it could be a gigantically bigger problems than the mortgage markets created over the past few years.
Dave
Plus New Brunswick, Prince Edward Island & Nova Scotia
I sent an e-mail to my representative containing the link to the original document. I suggest everyone do the same. It may not help but I can guarantee that doing nothing at all won't help!
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Good for you dbates. And I agree that this could eventually make the mortgage crises small in comparison.
I put this in the general RV section, because every other post is about gasoline, standard of living, food, etc. I thought this would shed some light on what is on the forefront of RV'ers minds.
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rnr42005 wrote: has anyone read the wal mart new store projection fact sheet?
it is a corp. document and, among many other objectives, they expect in the first 18 months to force the closing of 17 locally owned businesses.
Walmart isn't forcing anything, the market is, in the form of where the customers choose to shop in a free-market system. It's simple economic Darwinism, and it's been going on for a long time. As another poster pointed out on this thread, people vote with their feet (or pocketbook, or however you want to phrase it). If enough people chose to shop at those "locally owned businesses", those businesses would succeed and Walmart would fail (at least in that particular market area). Apparently not enough people want to shop at those locally owned businesses to keep them open.
When centralized "supermarkets" first came along in the '20s and '30s (A&P is generally considered to be the first chain supermarket), and then really expanded their "market penetration" after WW2, some people lamented that they were putting the "mom and pop" corner stores out of business, and that was largely true due to the fact many people liked the bigger selection, the lower prices, and the one-stop convenience offered by the supermarkets. Those first generation chains seemed like the big, bad, unfeeling, unstoppable corporate monsters in their day, but where are most of them now?
I've been around a lot of Walmarts, and I've yet to see Walmart employees holding guns to peoples' heads and forcing them to go inside the stores and to spend their money. They all seem to doing it willingly, so that must mean Walmart offers them something they want at a price that they deem to be fair. If and when someone comes along who does it better, then Walmart will have to change or die just like their predecessors.