"THE AMERICAN WAL-MART PUTS ITS CORPORATE PROFITS ABOVE THE AMERICAN WORKERS' WELFARE"

According to the online encyclopedia, the Wikipedia:"Wal-Mart Stores, Inc., branded as Walmart, is an American multinational retail corporation that runs chains of large discount department stores and warehouse stores. The company is the world's third largest public corporation, according to the Fortune Global 500 list in 2012, the biggest private employer in the world with over two million employees, and is the largest retailer in the world. Walmart remains a family-owned business, as the company is controlled by the Walton family, who own a 48 percent stake in Walmart. It is also one of the world's most valuable companies. The company was founded by Sam Walton in 1962, incorporated on October 31, 1969, and publicly traded on the New York Stock Exchange in 1972. It is headquartered in Bentonville, Arkansas. Walmart is also the largest grocery retailer in the United States. In 2009, it generated 51 percent of its US$258 billion sales in the U.S. from grocery business.[8] It also owns and operates the Sam's Clubretail warehouses in North America. By 1988, Wal-Mart was the most profitable retailer in the US, and by November 1990, it outsold K-mart. By 1991 it outsold Sears in retail, making it America's largest retailer, a distinction it still holds. Walmart has 8,500 stores in 15 countries, under 55 different names. The company operates under the Walmart name in the United States, including the 50 states and Puerto Rico. It operates in Mexico as Walmex, in the United Kingdom as Asda, in Japan as Seiyu, and in India as Best Price. It has wholly owned operations in Argentina, Brazil, and Canada. Walmart's investments outside North America have had mixed results: its operations in the United Kingdom, South America, and China are highly successful, whereas ventures in Germany and South Korea were unsuccessful".

The Wal-Mart CEO today in 2013 makes about $11,000 per hour compared with a store worker in the same company that makes $8 to $9 dollar per hour. This income gap at Wal-Mart is one of the highest income inequalities in America today. Wal-Mart has also refused to hire majority of its American workers on full-time basis, in order to avoid  paying any benefits, such as, retirement savings, health care insurance, tuition reimbursement, sick leave and pregnancy leave. Wal-Mart is also very notorious for always threatening to pull out of any major American cities where their elected officials plan to make local laws to increase the minimum wage above the federal and the states stipulated rates. Wal-Mart did it successfully in Chicago in 2006 by forcing the then Chicago City Mayor to veto the city council legislation that was passed to increase their city minimum wage. The same Wal-Mart has also threatened to close down its 3 stores in Washington, DC if the city council raised and implemented its new minimum wage from $8.25 per hour to $12.50 per hour. Will Wal-Mart will again in Washington, DC, a city which remains one of the most expensive American cities to live today in 2013? Time will surely tell