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#52 of 96 Re: There is a slightly different side to this [fezo]
Nov 29, 2011 (7:47 am)
I think they have Sam Walton's old red and white Ford F-150 on display at Wal~Mart headquarters in Bentonville, AK.
His kids most certainly aren't following his example - especially his daughter Alice who is a hostile drunk who has been arrested for DUI umpteen times. That's the trouble. The man who worked hard and built an empire is gone only to have his spoiled entitled children squander it and stain his legacy. If Sam came back saw what became of Wal~Mart and his family, he would never stop throwing up.
#53 of 96 Re: There is a slightly different side to this [lemko]
Nov 29, 2011 (8:55 am)
...especially his daughter Alice who is a hostile drunk who has been arrested for DUI umpteen times.
Would twice be umpteen? IMHO, once is too much.
But it looks like she's at least done something with her money in terms of philantropy. She's quite different than some of today's young heiresses whose life revolves around shopping and celebrity.
BTW, Sam Walton stated in his autobioraphy that of his children Alice was the most like him but even more volatile than he.
#54 of 96 Re: There is a slightly different side to this [robr2]
Nov 29, 2011 (10:34 am)
But is she doing it for tax benefits or real cares?
Some of us remember "Sam's American Choice".
#55 of 96 Re: There is a slightly different side to this [fintail]
Nov 29, 2011 (10:39 am)
Absolutely! I remember them featuring American made products. This was back in the day when if there were three people waiting to check out they'd open another register. Heck, they even kept the store clean.
I miss old Sam.
#56 of 96 Re: There is a slightly different side to this [fezo]
Nov 29, 2011 (10:42 am)
My region didn't get WMs until the early 90s, when those policies and products still existed. Wally World didn't seem so bad then (and I don't think it is a horrible evil now), but it certainly was more benevolent. Then the changes hit.
#57 of 96 Re: There is a slightly different side to this [lemko]
Nov 29, 2011 (10:45 am)
And, that's exactly what I have. 2 very foolish kids. I'm skipping them in the trust, (assuming there is anything left but my car), and going to the grandkids...hoping for better.
#58 of 96 Re: There is a slightly different side to this [fintail]
Nov 29, 2011 (10:54 am)
Well she's a board member of the Walton Foundation which was founded by her parents. So they got the tax benefit of the bequest.
According to her wiki, she worked in finance for many years before getting involved in raising horses and opening an art museum.
Other than the DUI's, she seem to be a pretty dull person.
#59 of 96 Re: There is a slightly different side to this [robr2]
Nov 29, 2011 (11:09 am)
I am sure her name and family money got her none of that. She knows hard work, and none of the "philanthropy" has other benefits.
She also apparently ran someone down, with no charges being filed, and has never actually served any time for her transgressions. I am sure someone of low socio-economic status would be treated just the same. What a great legacy, Sam is very proud no doubt. And don't raise her taxes! It'll trickle down, just wait, any day now, it's coming.
#60 of 96 Re: There is a slightly different side to this [fintail]
Nov 29, 2011 (11:18 am)
Here's a mugshot of the witch herself:
#61 of 96 The Waltons....
Nov 29, 2011 (11:21 am)
How did we get off on this tangent? The Walton fortune trickled down through millions of jobs, but Sam himself didn't like any cars better than his 79 F-150, so he didn't prop up the economy at all by buying new cars. Neither does Warren Buffett, very often anyway. Nor does Ross Perot. Bill Gates will occasionally buy a new Lexus at least. People with scads of money often don't care about those things, those who do buy supercars or Rolls' often. Well, I don't like cars THAT much, nor can I afford one. I stretch a bit, but within reason.
Around here, I find lots and lots of people who should not be able to afford expensive SUVs or luxury cars, driving them. One wonders how they do it. Clearly, they're not the folks who can really afford them. Escalades are very popular with a very young segment of the population. Mercedes with another, and so on. Unless they are pharmaceutical representatives, I don't see how they can afford them, even on a stretch.