along comes the NY Post to help the poor pitiful giant along. In today's paper, the Post's own Paladin, Carl Campanile, reprises results from Big Wally's commissioned poll-and reports on it as if the results were unquestionable: "City Council members are trying to stir up public opposition to block Walmart from opening shop in the Big Apple -- but it turns out their constituents love the big-box retailer. Walmart surveyed likely voters in the districts of 10 council members involved in fighting or investigating the nation's largest retail chain -- including vocal opponent Brooklyn Councilman Charles Barron."
Has there ever been a corporate poll than has been given such unassailed validity? But Campanile did give us the end quote that helps put this propaganda effort into some perspective: "But opponents representing unionized department stores and mom-and-pop shops dismissed the poll by the non-union Walmart as propaganda. "I don't put any stock in a poll conducted and paid for by that corporation. I don't treat it with anything but a grain of salt," said Richard Lipsky, a spokesman for the Retail, Wholesale and Department Store Union and a network of Hispanic and Korean small businesses that fear that competition from low-cost Walmart would put them out of business."
As if Wal-Mart didn't have enough of its own resources to get its self serving message across, - Greenspan's Cult of Personality... Review topics and articles of economics: Alan Greenspan was a legend in his time and there was no shortage of praise for him back then. For example, who can forget Bob Woodow's 2000 book Maestro: Greenspan's...
- Yes Tyler, Low Interest Rates Matte... Tyler Cowen is wondering whether the Fed's low interest rates in the early-to-mid 2000s really were that important to the credit and housing boom of the early-to-mid...
- The Eurozone Crisis: Deja Vu... Review topics and articles of economics: Randal Forsyth sees similarities between the current unfolding of the Eurozone crisis and that of the U.S. financial crisis a few years back:Just as the problem on this...
- Charles Plosser and the Burden of F... The Economist's Free Exchange blog is shocked to hear this from Federal Reserve Bank of Philadelphia President Charles Plosser:"Since expectations play an important role...
- Arnold Kling and Expected Inflation... Review topics and articles of economics: What do we know about expected inflation? According to Arnold Kling not much if we look to financial markets:I'm also not convinced that we can read expected inflation...
- A Paper on Stabilizing Nominal Spen... Given the recent discussion on stabilizing nominal spending as a policy goal I found this article by Evan F. Koenig of the Dallas Fed to be interesting: The article...
- Why The Low Interest Rates Mattered... Review topics and articles of economics: This is the second of two posts detailing why the Fed's low interest rate policies in the early-to-mid 2000s was one of the more important contributors to the credit and...
- Why The Low Interest Rates Mattered... This is the first of a two-part follow up to my previous post, where I argued that the Fed's low interest rate policy was a key contributor to the credit and housing...
- The Stance of Monetary Policy Via t... Review topics and articles of economics: There has been some interesting conversations on the stance of monetary policy in the past few days between Arnold Kling, Scott Sumner, and Josh Hendrickson. Part of...
- Scott Sumner's New Best Friend:... Joseph Gagnon is calling for $6 trillion more in global monetary easing. This should not be too hard to implement since the Fed is a monetary superpower.Update: The...
0 comments:
Post a Comment