Tuesday, June 3, 2014

Walmart critics gear up for company stockholders meeting

Posted By on Tue, Jun 3, 2014 at 7:09 AM

bpldicaciaepce2.jpg

Walmart 1 percent, 
which highlights the enormous and growing gap between the wealth of heirs to the Walmart fortune and the people who work for them, is gearing up for the coming annual meeting of the retail chain in Arkansas. It's participating in "strikes" around the country and promises to be visible this week in Arkansas. Above is a photo distributed yesterday by Twitter of a group demonstrating outside Walmart Chair Rob Walton's home in Arizona.

The Twitter feed gives you a good flavor of the effort, supported by unions. Example:

Last yr #Walmart Chair Rob Walton made $821K/hr. The #WalmartEconomy works for him, not us.

The wealthiest 1 percent in the U.S. are paupers compared with the Walton heirs, the organization likes to note.

the top 1% inherit $2.7 Million on average. 4 Waltons get that much in Walmart dividends every 8 hours

There's also a tumblr page that pokes fun at "rich people problems," such as when Rob Walton tried to dodge a vehicle import duty on a $12 million vintage Ferrari, a tax that would have cost him 12 minutes of Walmart earnings. And  a blog that calls attention to such things as Walton support of retrograde, homophobic politicians (Br'er  Rapert.)

Tags: , , ,

Favorite

Speaking of...

Comments (5)

Showing 1-5 of 5

Add a comment

 
Subscribe to this thread:
Showing 1-5 of 5

Add a comment

More by Max Brantley

Readers also liked…

Most Shared

  • The South, including Arkansas, is failing poor kids who want to go to college

    The Atlantic has an important perspective on the South's "cycle of failing higher education."  Arkansas stands out for the cost barriers it presents to low-income students.
  • School takeovers erode democracy, target minority communities

    New reporting shows state takeover of schools around the country, including in Little Rock, have disproportionately affected minority communities.
  • Arkansas legislator tied to fatal bus crash in Louisiana

    Republican state Rep. David Wallace of Leachville, a current candidate for state Senate, has been identified as the owner of a company that rounded up a group of workers, apparently undocumented aliens, for flood relief work in Louisiana, including one with a poor driving record who was at the wheel in a fatal bus crash on Interstate 10.
  • The boys on the tracks are back

    A lawsuit filed Thursday in federal court in Little Rock bears notice for its effort to breathe life into the 29-year-old story most familiarly known as the Boys on the Tracks.
  • Dumas: Behind the Obamascare headlines

    Ernest Dumas explains in his Arkansas times column this week how Obamacare's problems can be fixed; why it isn't going away, and, most pertinently, why it's more lucrative for Arkansas to continue to expand the coverage pool, not dream up ways to shrink it.

Most Viewed

Most Recent Comments

Blogroll

 

© 2016 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation