Walmart

Walmart Withdraws from ALEC, Wallows in Bribery Scandal

Mike Duke photoIn 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.

Green Tech Doesn't Need Taxpayer 'Investment'

Google logoPresident Obama said in his State of the Union speech last month that he would not “walk away from the promise of clean energy,” and according to a Politico report, he “doubled-down” on the promise by highlighting (more) commitments to federal grants and incentives for wind energy, solar power and natural gas vehicles in quasi-campaign speeches out West.

Taxpayers Take Hit as Solar Industry Implodes

First Solar Logo

In a year where Solyndra became the face of the solar industry’s chronic failures, even the holiday season could not prevent one last flurry of layoffs in 2011.

The Mountain Enterprise (based in Frazier Park, Calif.) reported over the weekend that First Solar, Inc. – which the media sometimes identifies as the largest solar company in the world – laid off half its employees on Friday at its Antelope Valley Solar Ranch One project. The facility has been the subject of controversy in the local community over the effects it will have on land use, wildlife, and water usage.

Corporate America Can’t Keep Up with All the Sustainability Demands

score cardThe 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.

Walmart's Appeasement of Left Continues to Flounder

Mike Duke photoNo 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.

Walmart-Endorsed Obamacare Can't Save Employees from Skyrocketing Insurance Costs

Mike Duke photoWe told you so. Last week Walmart announced it will severely cut back health benefits for its employees, proving that the Obamacare law that the company endorsed will not save the day for its many low-income workers.

Under the new company policy, new part-time associates will no longer be eligible to receive health insurance. Reuters also reports that the amount Walmart puts in employee healthcare savings accounts will be cut in half.

The Solyndra - Walmart Connection

solar graphicA lot has been said about the ties of George Kaiser, a campaign contribution bundler for President Obama’s 2008 campaign, to the Solyndra bankruptcy scandal that likely has cost taxpayers $535 million thanks to a Department of Energy loan guarantee. Kaiser’s investment firm, Argonaut Venture Capital, held over 35 percent of the failed solar company’s stock – more than anyone else.

Walmart Heirs Fund Anti-Fishing Activists

Walmart logoRecently NLPC reported that Walmart’s top “sustainability” adviser, who provided significant help in getting the company’s “Green” credibility with environmentalist groups in gear, was Jib Ellison – a former wilderness expeditionist and river guide, and author of a guide on whitewater rafting. The story of his relationship with Walmart, which began with the introduction of Ellison by Rob Walton (son of founder Sam) to former company CEO Lee Scott, is documented in the new book Force of Nature: The Unlikely Story of Walmart’s Green Revolution by Edward Humes.

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