Kick em when they`re Up, Kick em when they`re Down

Occupy the World has many grievances, too many to list here but there seems to be one common denominator, greed, excessive greed, most of you are familiar with Wal-Mart, they make $tens of billions per year in profit and now..

And now because of high US unemployment levels and easy access to more "willing" labour has decided to eliminate Health-care benefits for their mainly part-time work force and to greater diminish health-care coverage for their ever shrinking full-time work force....How much money does Wal-Mart need, when will the good corporate citizen raise it`s head and do the right thing, ....This is another example of what "Occupy the World" is all about!.....Below is Wal-Mart information from Wikipedia,
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Area served Worldwide
Key people S. Robson Walton
(Chairman)
Mike Duke
(President and CEO)
Revenue US$ 421.849 billion (2011)
Operating income US$ 25.542 billion (2011)
Net income US$ 15.355 billion (2011)
Total assets US$ 180.663 billion (2011)
Total equity US$ 68.542 billion (2011)
Employees Approx. 2.1 million (2011)

________________________________________ As you can see Wal-Mart is not hurting for cash so why would Walmart want to do this...The below excerpts are from an outstanding article from The New York Times _______________________________________    Wal-Mart Cuts Some Health Care Benefits for some  . After trying to mollify its critics in recent years by offering better health care benefits to its employees, Wal-Mart is substantially rolling back coverage for part-time workers and significantly raising premiums for many full-time staff Citing rising costs, Wal-Mart, the nation’s largest private employer, told its employees this week that all future part-time employees who work less than 24 hours a week on average will no longer qualify for any of the company’s health insurance plans. In addition, any new employees who average 24 hours to 33 hours a week will no longer be able to include a spouse as part of their health care plan, although children can still be covered.   This is a big shift from just a few years ago when Wal-Mart [WMT  56.92    0.55  (+0.98%)   ] expanded coverage for employees and their families after facing criticism because so many of its 1.4 million workers could not afford or did not qualify for coverage—rendering many of them eligible for Medicaid. Under pressure from states saddled with rising Medicaid costs and from labor unions and community groups, Wal-Mart had agreed to offer part-time employees, even those averaging less than 24 hours a week, health care insurance after a year on the job, shaving a year off the eligibility requirement. Wal-Mart also said that it was offering health plans that cost its employees about $250 a year for family coverage. At the time, the moves were considered a departure from some of its major rivals and large employers, more than half of whom offer no company-sponsored health plan for part-time workers. On Thursday, the company would not say what percentage of its work force was part time or worked fewer than 24 hours a week. Greg Rossiter, a Wal-Mart spokesman, said the decision to deny coverage to new part-time employees resulted from the company’s revamping of its health care offerings in light of rising costs.   And with unemployment still hovering around 9 percent, employers may feel less compelled to offer expansive benefits to people desperate for work.  In Wal-Mart’s 2012 health offerings, premiums will increase for some plans by more than 40 percent, “No wonder people are protesting in the streets,” he said. “This is another example of corporations putting profits ahead of what’s good for everyday Americans. It’s outrageous and damaging to many hard-working families that the biggest corporation in America is increasing health care costs for many employees by 40 percent.”   Wal-Mart says that its health care plans are affordable and competitive compared with those of its competitors. “We are proud to be among a few companies that continue to offer an affordable associate-only medical option for about a dollar per day or $15 per pay period,” Mr. Rossiter said. He noted that many companies offer health plans that start at $75 a week or more for each two-week pay period. Wal-Mart also significantly reduced the amount of money it contributes to the savings accounts workers can use to pay for medical bills that are not covered under their plan. Last year, the company put $1,000 into accounts for families but it will cut the amount by half for next year to just $500. Companies typically put more money into these accounts as a way of encouraging employees to choose these plans, which cost employers less than traditional policies. While Wal-Mart defends its decision to reduce these contributions, few companies have made similar cuts,  Barbara Collins, a sales associate at the Wal-Mart in Placerville, Calif., said that the premiums for the H.M.O. plan for herself and her 5-year-old son would rise to $18 every two weeks from $10.   Her big concern, she said, was that her deductible would jump to $5,000 a year, from $1,000—a daunting amount considering she earns $19,000 a year. “I don’t know how I’ll be able to afford it if I go to a doctor or to physical therapy,” she said.___________________________  Read the whole shocking story here. This is what "Occupy the World" is all about, Greed, Greed Greed....And the only ones getting kicked are regular people!  The Straight Goods Cheers Eyes Wide Open