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I agree I think this Mark DIce is very mean spirited, arrogant and condescending. Why would people know what the stock market is if we are not buying stocks?
I'd bet my last dime that this jerk talked to people that DID know what the DJIA is and what it was at that day. But of course, those interviews were edited out because they didn't suit his agenda.
I shop at WalMart occasionally and I could have answered all his questions. But if he opened with the Chinese slave stuff...I would have told him to go Moderator cut: language removed and walked away before he got to his financial questions.
I'm liberal-leaning, but guys like that are embarrassing.
Last edited by nancy thereader; 03-06-2010 at 08:09 PM..
PC these pompous YouTUbe blogs are probably a good outlet for people who can't make it as a real journalist or reporter. Even in the already liberal leaning media outlets!
I don't shop at Walton-owned businesses solely because I sat in the dock at one of their distribution centers for 11.5 unpaid hours. Now, despite that, Walmart/Sam's Club has done a lot for this country. I'm not alaways pleased with the way they treat their employees. but the majority of complaints are from the lowest level employees and, if you're worth anything at all, you can move into better jobs with more pay. Even at Walmart. I've got some issues with our trade policies. But "blind-siding" Walmart shoppers is not the right way to address them...
Mr. Dice mustn't have heard about Target making 8,000 of it's employees go from full time to part time so they don't have to pay their health insurance.
sorry, but bash walmart all you want but their competetors aren't any better, walmart just happens to be the biggest and easiest target. Target associates are all living in mcmansions and driving BMW's to work, right?
and they don't sell anything made in china.
same with sears, kmart and everyone else.
you could ask those same questions to college educated people on the streets of any major US city and still get the same responses.
and I'm sorry, but investing in the stock market isn't a sign of intelligence, it's just a sign that you've been classically conditioned to give your money to "fund managers and wall street" which is really a symptom of an almost complete lack of long term jobs and pensions in this country. sure , get rid of pensions and give them 401k, now everybody is a junior stock broker "diversifying his/her portfolio" with a path to future success. Now cue the commercial with people driving on the highway in the convertible with the sun shining and the top down.
401k are notorious for lack of fund choices and we've seen that the matching done by business can be taken away when the economy turns sour. they couldn't do that with a pension.
you do realise that people in other wealthy countries don't invest their retirement money in the stock market nearly as much as we do and consider it an undue risk? this is all part of getting the masses to give thier money over to wall street. at least with pensions there was a guaranteed return and you did nothig but contribute.
am I the only one who sees the disconnect with hating the union workers of GM, Ford etc and blaming them for the manufacturers problems but then all of a sudden everyone is the biggest workers rights advocates in the world when it comes to walmart? which is is america?
I don't own stock but know what the DJ is. After all, it is one of the most important indicators of the health of our economy.
The interviewer is just showing how uninformed most people are, but even so I would rather spend time with the shoppers than with him. Provided they knew something about how the world works.
I shop at WalMart all the time. I don't have enough money to have financial pride.
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