Wal-Mart heir funding Obama big time
” Policy-wise, there’s plenty of reason for the Waltons to like Barack Obama:
- Wal-Mart endorsed the employer mandate in ObamaCare, which gives Wal-Mart an advantage by crushing smaller competitors.
- Wal-Mart has profited from Dodd-Frank, which fixes the price Wal-Mart has to pay banks for processing debit cards.
- Wal-Mart has lobbied for and profits from higher minimum wage.
- Wal-Mart is a top beneficiary of eminent domain takings, a government power protected by the types of judges Obama appoints.
- Big Business generally benefits from Big Government.
So, yes, Mitt Romney is cozy with Big Business and big donors. But don’t pretend Obama is any different.”
