The planet is in a nearly two-decade global warming standstill; an Arctic research expedition to study warm was halted due to too much ice; polar bear habitat is healthy; another quiet hurricane season is expected; and a paper on sea level rise by climate alarmism founder Dr. James Hansen has been dismissed by his fear-mongering colleagues as “flimsy.”
Nonetheless the corporate world has loyally marched to the White House doorstep to pledge fealty to President Obama’s carbon dioxide reduction agenda. On Monday 13 large companies announced they would collectively spend $140 billion on various initiatives to reduce carbon dioxide emissions and expand so-called “clean” energy. The collective action has been dubbed the “American Business Act on Climate Pledge” by the White House, and is intended to enhance the president’s negotiating position at international climate talks in Paris at the end of the year.
Here is a letter I sent today to C. Douglas McMillon, Walmart President and CEO:
We ask that Walmart end its financial support of Al Sharpton and his organization, the National Action Network (NAN).
The cold-blooded murder of two New York City police officers, Rafael Ramos and Wenjian Liu, follows weeks of Sharpton’s vilification of law enforcement personnel.
As you know, Walmart has helped bankroll Sharpton for years. Most recently, the company was a sponsor of Sharpton’s 60th birthday party in New York City, which reportedly was a fundraiser for NAN that raised a million dollars.
We have repeatedly raised the issue of your support for Sharpton, including at the Walmart annual meeting. You cannot lay any claim to corporate social responsibility as long as you write checks to Sharpton.
This is not the first time that violence and loss of life have followed Sharpton’s agitation, such as in …
Last week it was Walmart CEO Mike Duke’s duty to find an explanation for continuing declines in same store sales, as the company hosted its 20th Annual Meeting for the Investment Community on Tuesday.
Despite the fact that the most recent quarterly report ended in July and brought a surprising (to analysts) .3 percent drop for the second quarter, when a one percent gain was expected, Duke cited the two-week old government shutdown and a “tough and unpredictable global economy” as reasons for the poor performance.
“It should come as no surprise that the government shutdown is on the minds of our U.S. customers,” Duke told his audience. “As you would expect, we’re following the situation very closely.”
Of course the shutdown came long after the second quarter reports, so there had to be other explanations.
“The competition is also tough,” Duke said. “I see it when I …
President Obama’s speech last week that re-emphasized his commitment to reduce US carbon dioxide emissions brought dismay to those who appreciate affordable energy, but it sparked a celebration among corporate types who have long sought caps and taxes on CO2.
While it was still more words from the president, which don’t always match his actions, on CO2 limitation he has largely kept his promise to environmentalists. Critics slammed his plan to bypass Congress and to task the Environmental Protection Agency to curb emissions via executive order, but EPA has operated out of bounds since he was inaugurated in 2009 – especially with the “war against coal” that is now universally accepted as true.
“What has us most encouraged by the president’s speech is he is lacing up his gloves and getting ready for that fight,” said Michael Brune, executive director for the Sierra Club, in an interview …
The top engineer of Walmart’s strategy to pursue left-wing priorities such as “sustainability” and backing Obamacare, as though those are what genuinely reflect “corporate responsibility,” is leaving.
Leslie Dach joined the Bentonville, Ark. retail behemoth seven years ago as vice president of corporate affairs. He previously worked for environmentally extreme groups and was “active as a senior strategist in Democrat politics,” according to his World Resources Institute bio. He worked in the Clinton administration, served as a senior adviser for Sen. John Kerry’s 2004 presidential campaign, and has been a top strategist for at least two Democratic conventions. He helped design the 2004 Boston convention and managed the Democrat response to the Republican convention that year, and is credited with managing the program at the convention in Los Angeles four years earlier.
Those credentials might not have seemed an appropriate fit for the supersized merchant with the anti-union conservative …
Union activism at retail chain stores has come to blur the line between persuasion and harassment. But one retailer — Walmart — is pushing back, underscoring its failed campaign to appease left-wing activist groups. There is a certain irony here. Walmart for years has been capitulating to the demands of anti-business activists, a tendency documented in an NLPC Special Report published in 2006 titled, Wal-Mart Embraces Controversial Causes: Bid to Appease Liberal Interest Groups Will Likely Fail, Hurt Business. Yet last Friday the Bentonville, Ark.-based retailer filed suit in Florida state court against the United Food and Commercial Workers International Union (UFCW), and certain allied nonprofit groups and individuals. The purpose of the suit, notes the company, is to protect customers and associates from the activists’ “disruptive tactics” associated with trespassing.
Union Corruption Update several weeks ago discussed at length the rapidly growing phenomenon of “worker centers” and why they …
When is a union not a union? Apparently, it’s when members say it isn’t. Yet a change in terminology can’t alter reality. Over the past several years, hundreds of organizations, known as ‘worker centers,’ have established a presence in the labor movement, targeting retail and restaurant chains for organizing and picketing. While they don’t like being called unions, for all practical purposes they operate as such. And they have the advantage of being outside the jurisdiction of labor law. At least one is a reconstituted key affiliate of the defunct radical network, the Association of Community Organizations for Reform Now (ACORN). Many are stalking horses for unions, especially the United Food and Commercial Workers (UFCW) and the Service Employees International Union (SEIU). And they’re getting results, at times even more than unions themselves are getting.
The rise of worker centers is a logical response to the relative decline of union …
In an unsurprising, capitulatory move last week, Walmart joined several other major companies and withdrew its membership from the American Legislative Exchange Council, which advances the principles of free markets and limited government at the state level through legislative idea exchanges.
The move preceded Friday’s annual shareholder meeting, in which executives emphasized their commitment to principles of integrity. That came into question especially since April, when the New York Times revealed that company officials authorized millions of dollars in bribes in order to expedite building permits and other favors in Mexico.
A number of investors and pension funds attempted to remove some Walmart directors from the board, including CEO Mike Duke (in picture), former CEO Lee Scott, and S. Robson “Rob” Walton, son of company founder Sam Walton. Because the family holds nearly 50 percent of stock in the company, proposals they don’t support will always fail …
The competition in corporate America to show who is “Greenest” or “most sustainable” has spun out of control, with the Alinskyite effect that drives corporations to spend vast amounts of time and money trying to address the whims and requests of every Leftist niche group that waves some kind of scorecard in their faces.
Meanwhile customers pay for the lunacy in higher prices, and shareholders (those not in the Corporate Social Responsibility movement) bear the burden in diminished returns on their investments.
A Businessweek report from Thanksgiving Eve illustrated how unwieldy the demands of eco-graders and CSR activists have become, as “companies are buried in requests for data as groups jockey to be the arbiters of sustainability.” And you thought IRS and other government regulatory compliance was a headache.
The article explains how companies like Intel and Walmart are inundated by organizations who seek to rank their performances on …
No matter how much Walmart officials pander to liberals and their institutions, or how much they implement alternative energy gimmicks, or how much they earn fawning media attention for “corporate responsibility” and “sustainability” gestures, a giant segment of the political Left will still resent the retail giant.
Still, the descendants of Sam Walton and company executives try. Last week CEO of Walmart International, Doug McMillon, made the now-familiar pitch at the liberal Brookings Institution in Washington. Not surprisingly, rather than emphasize Walmart’s historical approach to business (before 2005) – which espoused low costs due to bulk purchasing and supply chain hyper-efficiency – and how that has improved the lives of millions of people with limited incomes, McMillon instead highlighted the company’s “social impact.” His drivel was likely welcomed by the elitist Beltway audience.
Sadly, as Walmart expands globally, the Third World that hungers for freedom and economic development desperately …