Slog - The Stranger's Blog

Line Out

The Music Blog

« Great Men of Genius Debriefing... | Regime Change in Iran? I Know ... »

Saturday, April 8, 2006

Corporate Insecurity

Posted by on April 8 at 10:55 AM

I missed this eye-opening editorial last week that argues Wal-Mart is undermining national security by using its heavy lobbying and campaign contribution clout to oppose port security measures.

Adding injury to injury, there’s a reason Wal-Mart, w/ $11 billion in profits in 2005, is fighting port security. It wants to protect the uninhibited flow of merchandise that it imports from overseas manufacturers. Bottom line: Wal-Mart is upending U.S. security so it can upend U.S. manufacturers. Wal-Mart is the #1 U.S. importer. (20 years ago, the company imported about 6 percent of its merchandise from overseas…today more than 2/3 of its products are imported from China alone.)

The editorial, written by AFL-CIO leader John Sweeney, gives examples of how Wal-Mart, the country’s third largest corporate campaign contributor to federal elections in the last presidential cycle at $2.7 million, prioritized an anti-port security agenda.

According to the editorial, Wal-Mart has:

1) Opposed the introduction of anti-terrorist “smart containers” and electronic seals for cargo containers coming into U.S. ports. The retail industry called them “feel good (security) measures.”
2) Opposed independent and regular inspections of supply-chain security practices around the world.
3) Opposed tougher rules requiring Wal-Mart to let Customs know what it’s shipping in and where it comes from. &
4) Opposed new container-handling fees to pay for improved port security


CommentsRSS icon

acyclovir-vg0a.blogspot.com

acyclovir-vg0a.blogspot.com

Look now

worldpharmacy

amiloride-5ity.blogspot.com

amiloride-5ity.blogspot.com

worldpharmacy

catalogood

Best in the best

Look now

Look now

Look now

Look now

Comments Closed

In order to combat spam, we are no longer accepting comments on this post (or any post more than 45 days old).