Tuesday, February 16, 2010

Wal-Mart Tries to Stop Shareholder Discussion of ObamaCare, Cap and Trade

NLPC reports:
Suddenly at odds with public opinion on Barack Obama’s proposals on health care and global warming, Wal-Mart is seeking to exclude from its proxy our shareholder proposal that asks for a report on the company’s lobbying priorities. As we noted in the supporting statement, Wal-Mart favors these proposals that will dramatically raise the cost of living for its customers, at the same time it has taken a lower profile on issues like tort reform that would benefit its customers, not to mention the company and its shareholders.
Imagine that.