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[personal profile] simonbillenness
From today's (March 24, 2006) "Washington Wire" column in the Wall Street Journal:

"Wal-Mart resists efforts in Congress to dramatically tighten port security in the wake of Dubai-ports furor. The company argues examining all containers, or even a fixed percentage of them, could impede shipping and boost costs."

There you have it. Wal-Mart opposes tighter port security measures that will cost it money.

I feel safe assuming that Wal-Mart believes that the increased security will increase the company's costs. After all, Wal-Mart would not bother lobbying against these security measures if they did not pose increased costs for Wal-Mart.

I give Wal-Mart a week or so to weather the ensuing storm of criticism before it issues a public statement of support for better port security. I also expect that Wal-Mart will even more quickly issue a press release complaining of being "misquoted" or "taken out of context" by the Wall Street Journal.

Whether that statement will represent an actual climb-down from Wal-Mart's position remains to be seen.

Date: 2006-03-24 10:44 pm (UTC)
From: [identity profile] strix-an-stones.livejournal.com
What gets me is the mind boggling expenditure of money to lobby the governement to keep from spending money to ensure national security at our ports.

If you are going to throw away money - at least throw it at the problem and not the damned politicians.

February 2009

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