Walmart Bank with Checking Accounts

[ShivaFan]

Great news, WalMart will soon be offering banking and checking account services to their retail customers. This will be a great deal for anyone 18 or older.

In addition, they are now looking into giving a second try at offering in store healthcare services at very cheap rates, and linking analysis into global systems where for example doctors in India, Philippines etc. can assist in exams for select areas of practice such as sports injury, eye exams etc.. No doubt WalMart may have a full blown heathcare system you can sign onto available to their retail customers and with inpatient rooms at WalMart outlets. But that is in the future. The checking account is coming right now.

 

[Kathryn]

I'd rather stick a knitting needle in my eye than go to WalMart for groceries - let alone banking, or, God forbid, HEALTHCARE.

But hey, that's just me.

 

[ShivaFan]

... go ahead then and stick a needle in your eye and let others have the freedom of choice to decide for themselves also. Better than having no such freedom, where some are taking us you may have the government stick a needle in your eye and you won't have any say in the matter at all.

I would rather go to Walmart than Cuba, there is no doubt in the end Walmart will give better healthcare with better customer service and at a better price than where some slaves want to take us.

 

[Kathryn]

... go ahead then and stick a needle in your eye and let others have the freedom of choice to decide for themselves also. Better than having no such freedom, where some are taking us you may have the government stick a needle in your eye and you won't have any say in the matter at all.

I would rather go to Walmart than Cuba, there is no doubt in the end Walmart will give better healthcare with better customer service and at a better price than where some slaves want to take us.

Hey, I'd rather go to WalMart than to Afghanistan or Cuba or Sierra Leone. I mean, there ARE worse places on this earth than WalMart, but that doesn't make me like it any better. I hate the place.

But like I said in my first post - "that's just me." I didn't mention or imply that others shouldn't flock there in droves for any number of services, or that others should share my dislike of WalMart- heck, next thing I know, WalMart will be offering Kobe beef. But I'd be willing to bet that it would be genetically inferior Kobe beef, bred strictly for sale to WalMart at the very lowest possible price point, which implies cutting corners wherever possible.

My issue with WalMart isn't their prices and it isn't even their customer service - though that's certainly not anything to brag about in my neck of the woods or in any WalMart I've ever been in. It's their inferior quality of many of their goods, their catering to the lowest common denominator, the overall shopping "experience," and the fact that when they move into an area, they create a very negative impact on locally owned small businesses. They often, in effect, shut down the shops around the town square and I think that's very sad.

 

[Terrywoodenpic]

Walmart owns ASDA supermarkets in the UK (3rd largest group) as well as Netto a bottom end mini local supermarket group. They have also moved into banking in partnership with Barclays (a very large bank)

ASDA were always a low cost outfit, with price their sole selling ploy.
I have been in the local one a couple of times but never managed to complete a full shop there. Their stuff is not exactly bad, but there seems nothing that actually tempts you to buy. If you were both poor and hungry it would not be a first choice either, as Aldi consistently undercuts its prices, but stocks a more limited range of slightly better products sourced in Europe.

 

[ShivaFan]

Understood, Kathryn, I rarely shop at Walmart because too many products are Made in China, not that I am against a global market contrary I prefer products from the US, Canada, India, Korea, Japan, Bangladesh (shirts), and then when I get into very specific products I go with those who make the products that have proven themselves to me such as I collect knives and I love Pakistani blades, I love watches so I love Swiss, Japanese and certain brands of Russian watches, I like electric cars and am considering a Tesla for retirement (I also hold Tesla stock and have made a lot of money in such investments though Tesla has dropped a bit in value).

But I would be very interested in Walmart healthcare services.

I love my Kaiser HMO, and I get coverage at a great price. But the government wants to destroy private healthcare and make it a DMV like plantation for cheap "happy pills, shutup and die" while they tell us they enroll uninsured while they enroll illegal aliens from Mexico.

Actually, I want a two year period where I only have catastrophic coverage for me personally while I finalize my retirement paperwork, portfolios, management plans etc. and who knows if Walmart efforts are not purposely destroyed by the government I may supplement it with basic healthcare such as eyecare, health monitoring and health lifestyle with Walmart.

There is a lot of stress coming for friends I work with who cannot retire shortly, since our technology company is leaving California for Texas, I just read an email 15 minutes ago from another nice family man here who has lost his job.

I forgot the exact numbers, but of all the actual job gains which are real jobs and not crappy jobs or part time, of all these gains (remember despite everything business will attempt to survive and will outsmart the government unless we become Zimbabwe) that all such gains were in only five states of which a huge percentage of such gains were in Texas which has the economic outlook and freedom of spirit that the big government hates but then the same obese government tries to take the credit for the gains we have made in the worse recovery in US history when the actual credit goes to these few states.

For example the pervious cycle the phony government claimed 300,000 job gains when actually what really happened as we know in business is that we lost 500,000 full time good jobs, a good portion rolled into crappy low level jobs and part time jobs to support their family and combined with the normal summer hires and those jobs taken by illegal aliens as cheap labor this gave the phony 300,000 job gains.

But states like Texas are becoming the hubs of real growth and jobs thanks to their friendly business policy and freedom, other states are seeing benefit from fracking and new innovation such as electric cars coming from free market capitalism. Telsa will build their battery operations in Nevada and other states not California. Walmart may give me healthcare options but the government will try to destroy this effort.

 

[dust1n]

But states like Texas are becoming the hubs of real growth and jobs thanks to their friendly business policy and freedom...

That's not really the case... there are much bigger influences on that sort of thing than just business freedom.

 

[Twilight Hue]

Im finding it hard to trust Walmart. Not since the fake and invented sugar tax they charged New York customers when no such tax existed. No thanks if they are to be bankers.

 

[Terrywoodenpic]

That's not really the case... there are much bigger influences on that sort of thing than just business freedom.

Business freedom is the inverse of employee/personal freedom.

Business freedom comes at a price we all pay.

 

[ShivaFan]

Demagogues of government tyranny are the inverse of personal freedom. Freedom is a scary word to socialists. Socialism and central obese government power comes at a price we all pay.

 

[Revoltingest]

Business freedom is the inverse of employee/personal freedom.
Business freedom comes at a price we all pay.

For those of us who start & run businesses here, we find that business freedom is
closely linked to personal liberty. Consider: When government exerts more control
over one's ability to make a living, they gain control over personal behavior.
Example:
Real estate developers find success a result of not just investment & careful planning,
but also political relationships with aparatchiks exercising considerable caprice.

This is not to say that regulation isn't useful, but I'd rather er on the side of liberty
(except when there is demonstrable benefit to gov intervention).

Reminder:
This a Capitalist Only forum.

 

[Revoltingest]

I'd rather stick a knitting needle in my eye than go to WalMart for groceries - let alone banking, or, God forbid, HEALTHCARE.

But hey, that's just me.

And I will defend to the (ie, your) death your right to do the reverse-stooge move.

In my experience with many different banks, I find that they all change with time, &
they all offer different levels & quality of service. Wallmart will be a winnere or a dog,
depending on how they actually perform.

 

[Revoltingest]

That's not true. Not all socialist are authoritarian.

How can socialism be otherwise if capitalism (open economic exchange by private individuals) is prohibited?
Socialism requires a strong government to prevent such free association.

 

[Iti oj]

How can socialism be otherwise if capitalism (open economic exchange by private individuals) is prohibited?
Socialism requires a strong government to prevent such free association.

I deleted my comment once I saw the dir .

 

[Terrywoodenpic]

I too believe in capitalism as do most liberals.
however capitalism needs controls and regulation just like all other human endeavours.

Unrestricted capitalism is anarchy.

 

[Revoltingest]

I too believe in capitalism as do most liberals.
however capitalism needs controls and regulation just like all other human endeavours.
Unrestricted capitalism is anarchy.

I don't see any disagreement with this.