As we watch and read about the massive fires in California, most of us cannot fathom such tragedy happening to us. Fortunately, we live in a nation where people and businesses rise to the challenge of helping the people who have been displaced because of these terrible fires.
Continuing its trend of helping out victims of disaster, The Wal-Mart Foundation has pledged $1 million to the American Red Cross. According to CNNMoney, the foundation also gave $32 million to Katrina relief efforts. Frankly, I am surprised that CNN actually published the article since Wal-Mart is often seen as the enemy by many liberals and the mostly liberal media.
Corporations are not required to do such deeds and many do not. While this doesn't necessarily prove that Wal-Mart is altruistic, no one can deny that Wal-Mart is a fine corporate citizen when it comes to helping those in need.
People also forget that Wal-Mart wasn't incarnated as the largest company in the world. Yes, it's hard to believe but it's true. There was a time when Wal-Mart was a small fledgling company that other retailers probably laughed at. Sam Walton is the embodiment of the American Dream. Sam started small, worked hard, and over a period of time kicked his competitors' asses back to the Stone Age while completely schooling them on the business of retailing. Everybody wants to be number one but only a very few every get there. Sam Walton was one of those few.
Alas, the Wal-Mart bashing will undoubtedly continue so let's just all remember that we are free to bash Wal-Mart, free to shop elsewhere, and corporations are free to help those in need as they so choose. Many people will continue to despise Wal-Mart, ignoring the hard work Sam Walton and the benevolence of the Wal-Mart Foundation. No one ever said being number one was easy.
Stock responses for the win
05-19-88? Sheeeet; to be young again!
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