Good
What's good for the goose is good for the gander.
3-10-2006
Clinton Quiet About Wal-Mart Ties
With retail giant Wal-Mart under fire to improve its labor and health care policies, one Democrat with deep ties to the company ? Sen. Hillary Rodham Clinton ? has started feeling her share of the political heat.
Clinton served on Wal-Mart's board of directors for six years when her husband was governor of Arkansas. And the Rose Law Firm, where she was a partner, handled many of the Arkansas-based company's legal affairs.
But in recent months, as the company has become a target for Democratic activists, she has largely steered clear of any mention of Wal-Mart. And late last year, Clinton's re-election campaign returned a $5,000 contribution from Wal-Mart, citing "serious differences with current company practices."
In 1986, when Wal-Mart's founder, Sam Walton, tapped Clinton to be the company's first female board member, Wal-Mart was a fraction of its current size, with $11.9 billion in net sales.
Throughout the 1980s, both Bill and Hillary Clinton nurtured relationships with Walton, a conservative Republican and by far Arkansas' most influential businessman.
And Wal-Mart's Made in America campaign, which for years touted the company's sales of American products in its stores, was launched after Bill Clinton persuaded Walton to help save 200 jobs at an Arkansas shirt manufacturing plant. The Made in America campaign has virtually vanished in recent years, as the company's manufacturing has gradually moved overseas ? another point of criticism by many anti-Wal-Mart activists.
The Clintons also benefited financially from Wal-Mart. Hillary Clinton was paid $18,000 each year she served on the board, plus $1,500 for each meeting she attended. By 1993 she had accumulated at least $100,000 in Wal-Mart stock, according to Bill Clinton's federal financial disclosure that year. The Clintons also flew for free on Wal-Mart corporate planes 14 times in 1990 and 1991 in preparation for Bill Clinton's 1992 presidential bid.
Bob Ortega, author of "In Sam We Trust," a history of Wal-Mart, said Clinton used her position to urge the company to improve its gender and racial diversity. Because of Clinton's prodding, Walton agreed to hire an outside firm to track the company's progress in hiring women and minorities, Ortega said.
"These were things the company was not addressing and wouldn't have, had she not pushed them to do so," Ortega said. "She's somebody who could definitely get things done."
In fact, Clinton proved to be such a thorn in Walton's side that at Wal-Mart's annual meeting in 1987, when shareholders challenged Walton on the company's lack of female managers, he assured them the record was improving "now that we have a strong willed young lady on the board."
"Hillary had real impact ? when she had an idea, things got moving," he said. "When she resigned from the committee, it stopped having any innovative ideas and stopped being effective."
Still, critics say there was little tangible change at Wal-Mart during Clinton's tenure, despite her apparent prodding.
"There's no evidence she did anything to improve the status of women or make it a very different place in ways Mrs. Clinton's Democratic base would care about," said Liza Featherstone, author of "Selling Women Short: The Landmark Battle for Worker's Rights at Wal-Mart."
==========================================
It's all in Black & White
Elect me or you get more of the same whether it be from the Republican Club of Thieves or the Democrat Club of Thieves.