January 20, 2005

A New Wal-Mart Blog Rips the Walton Family

Why I Love Wal-Mart...NOT! is written by Rob Bateman a "former part-time Wal-Mart employee" in the automotive department. Apparently, he didn't like working at Wal-Mart, and thought little of his customers, but he insists that he disliked Wal-Mart even before he started working there!

Interestingly, he tries his best to make the Walton's look bad, as a way to get you not to shop at WM. First, he notes that Bill Gates has given $27billion to charity (an impressive 54% of his wealth). Second, he notes that the Walton family has given only $1billion (out of a $98 billion pot).

But wouldn't it be a little wiser to look at what Sam Walton wanted, and what the Waltons still have planned (when Helen Walton dies), which is to give away up to $20billion in stock to reform education in the U.S., making them the second biggest donor behind Gates.

For more information on the future charitable givings of the Waltons, check out this article and Flash graphic posted by USA Today on March 11, 2004.

Posted by Kevin on January, 20 2005 at 10:53 AM