I just read the attached story on NewsMax.com about how Wal-Mart sales went down from a year ago and they had to adjust their sales forecast. It was blamed on such nonsense as the cost of heating fuel robbing customers of disposable income. But the other economic indicators went up better than 10%. Sales were strong until a couple of weeks ago. Wasn't it just a couple of weeks ago that PBS aired a rather scathing 1-hour documentary on Wal-Mart and their economic terrorism? Could public response to that documentary be the real reason for Wally World's sales going down while everyone else's went up? I learned that in the business world, liars figure and figures lie. Wal-Mart seems to be proving that very well.
Of course admitting that the documentary had any impact on their business at all would be tantamount to a confession that all the accusations of financial terrorism were true. Nah. They can't admit that. So they instead blame it on the economy knowing that it will send the market down. And it did. So they would send the American economy into a recession rather than admitting the truth and changing their tactics. Does anyone need a better demonstration?
Of course admitting that the documentary had any impact on their business at all would be tantamount to a confession that all the accusations of financial terrorism were true. Nah. They can't admit that. So they instead blame it on the economy knowing that it will send the market down. And it did. So they would send the American economy into a recession rather than admitting the truth and changing their tactics. Does anyone need a better demonstration?