WAL-MART TAKES THE LEAD IN DEFENDING BUSINESS FROM LEGAL PARASITES
Give Wal-Mart Stores credit for one thing--the company certainly doesn't scare easily. The world's dominant retailer has been facing a tidal wave of negativity--from community activists trying to keep its stores out of their neighborhoods, to local governments mandating that Wal-Mart supply workers with health insurance, to opportunistic lawyers trying to strike it rich by bringing on endless lawsuits. Critics--many of whom are as financially motivated as Wal-Mart is--are accusing the company of everything from discriminating against women, to mistreating illegal aliens, to denying overtime pay. Thousands of customers who slip and fall in a store aisle are also trying to reach into the company's deep pockets....
Management experts say the company's strategy of confronting the charges head-on while not wavering from its low-price business model is the most effective formula over the long haul. "When you're just about the largest company in the world, it's tough to breathe without offending someone," said Kathryn Harrigan, a professor at Columbia Business School.
Indeed, suing Wal-Mart is now a cottage industry, with some 5,000 lawsuits filed against the company each year. After one of Wal-Mart's 1.2 million employees gets to work at 9 A.M., three lawsuits will be filed against the company by the time he or she takes a 10:30 A.M. coffee break. By lunchtime, the count is up to six. By the time the employee heads home at 5 P.M., no fewer than 17 people or groups have brought a complaint in court. The same pattern will repeat itself tomorrow, and the next day, and the day after that.
The message is clear. To some, the American dream is no longer just about being successful, it's about not being too successful. Or it's about being successful enough for others to leech off of you.
The company is generally loath to settle all but the smallest suits, opting instead to take on plaintiffs' complaints while hammering home its message of "Everyday Low Prices" to the public. The more serious class-action complaints, each of which can potentially result in hundreds of millions of dollars in liability, are complaints the company has decided it won't take lying down.
Larry McQuillan, a director at the Pacific Resource Institute, a free-market think tank, said fighting the lawsuits makes the most long-term sense, based on building momentum for tort reform, and because winning some of these cases would deter more organizations from filing suits. The trial bar's strategy against corporate America up to now has been to file a suit, depress the stock price and bring the company to the table to get a settlement out of it, he said. "Wal-Mart has been a leader in not bowing to those pressures, unlike many companies that are afraid of bad publicity and want to settle," McQuillan said. "If you don't defend yourself early on, and be persistent, you will be steamrolled."
More here
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NEW OZ BLOG
I am a bit embarrassed to be reporting this but I have started yet another blog -- a blog devoted solely to Australian politics. There are of course already heaps of excellent Australian conservative blogs. You will find a list of just some of them towards the bottom of my blogroll. So the purpose of my new blog is very limited. I just want to put up there what in my view is the most interesting or striking bit of news or commentary to come out of Australia that I have encountered that day. Sometimes, I will also mention the item here on this blog -- if it seems likely to have international interest -- but on other occasions I will not.
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ELSEWHERE
Hot air from Chirac: "French President Jacques Chirac said today the riots that have rocked France revealed an identity crisis to which the country would respond with firmness and justice. "This is a crisis of meaning, a crisis of reference points, a crisis of identity," Mr Chirac said in a televised address to the nation. "We will respond with firmness and justice. "These events are the sign of a deep malaise. Some people started fires in their own neighbourhoods, burned the cars of their neighbours, their friends, attacked their schools and sports centres." .... "Children, teenagers need values, points of reference. Parental authority is key. Families must take their full responsibilities." "Those who refuse to do so should be punished, according to the law. Those who are facing serous difficulties should, on the other hand, be actively supported.""
Thomas Sowell explains how both high Muslim unemployment in France and high black unemployment in the USA are the result of do-gooder labor legislation: "Many people are blaming the riots in France on the high unemployment rate among young Muslim men living in the ghettoes around Paris and elsewhere. Some are blaming both the unemployment and the ghettoization on discrimination by the French. Plausible as these explanations may sound, they ignore economics, among other things. Let us go back a few generations in the United States. We need not speculate about racial discrimination because it was openly spelled out in laws in the Southern states, where most blacks lived, and was not unknown in the North. Yet in the late 1940s, the unemployment rate among young black men was not only far lower than it is today but was not very different from unemployment rates among young whites the same ages..."
Blogger Mary K. Ham on the transition from NASCAR reporter to political reporter: "Some folks ask me what the transition was like from NASCAR reporter to political reporter. It's easy. In one, you try to explain to your readers the significance of grown-ups getting paid exorbitant amounts of money to go around in circles indefinitely, always turning left. In the other, you get to interview racecar drivers."
A good summary here of the methods used by the media generally and public broadcasters in particular to inject covert Leftist bias into their coverage of events. I am pleased to note that Senator Santoro from my home State of Queensland is doing his best to expose the biases at Australia's major public broadcaster.
Dick McDonald has just given a good fisking to the latest moan from Jimmy Carter.
China Hand has just put up a couple of big new posts about life in China and the rocketing modernization now going on there. [NOTE: As people in China cannot access blogspot sites, I have put up mirror sites for "China Hand" here and here that should be accessible in China]
For more postings, see EDUCATION WATCH, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE. Mirror sites here, here, here, here and here. On Social Security see Dick McDonald and for purely Australian news see Australian Politics.
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Practically all policies advocated by the Left create poverty. Leftists get the government to waste vast slabs of the country's labour-force on bureaucracy and paperwork and so load the burden of providing most useful goods and services onto fewer and fewer people. So fewer useful goods and services are produced to go around. That is no accident. The Left love the poor. The Left need the poor so that they can feel good by patronizing and "helping" them. So they do their best to create as many poor people as possible.
The Big Lie of the late 20th century was that Nazism was Rightist. It was in fact typical of the Leftism of its day. It was only to the Right of Stalin's Communism. The very word "Nazi" is a German abbreviation for "National Socialist" (Nationalsozialistisch)
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Wednesday, November 16, 2005
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