Ald. Edward Burke and Wal-Mart
(What's posted here is from a longer Marathon Pundit story entitled New York Times writes favorable story about Wal-Mart. I've posted the locally relevant portion of it here.)
On the flipside, in today's Chicago-Sun-Times, it was disclosed that Edward Burke, a powerful Chicago alderman, apparently was pressured by unions to dump some Wal-Mart stock he owned.
However, Burke's judgement may not be the best.
In March there was a primary election in Illinois, and in Cook County, where almost half the state's population lives, new voting machines were used. By all accounts, the tallying was a mess. But last month, Burke brought Hugo Chavez into the mix:
We’ve stumbled across what we think could be an international conspiracy to subvert the electoral process in the United States of America.
The parent company of the firm that sold the machines to Cook County is owned by a Venezuelan firm.
Burke went on to imtimate that Venezuealan leader Hugo Chavez could have been the culprit of the county's electoral troubles.
But Burke did sell his Wal-Mart stock.
6 comments:
It's nice that you're trying to be local, but being relevant would also be kind of good.
Now that's an informed opinion.
Knowing Alderman Burke he probably cashed out at the right time and made a lot of money
What?
Soooo...Ed Burke had stock in Wal-Mart. And he sold it. And he suggested Hugo Chavez might influence elections because a Venezuelan firm made the machines.
In a pair of similarly related stories, I shaved this morning, and I had an Ice Cream sandwich a few weeks ago.
Maybe his judgement isn't sound, senoranon?
I thought it was conservatives who were the morons.
Feel free to read the entire Marathon Pundit post.
Whats really sad is that Burkes personal investment decision is somehow viewed as negative? Would you have considered an investment in General Motors in the early 1900's a negative thing? Why is Wall Mart different?
Get real..and Burke is a whimp for selling if he did for political reasons....
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