The word "Local" is being abused and used for any definiton under the Sun. Wal-mart and multinational companies are NOT local companies. Anyone indicating they would suggest investing locally by placing multi-naitonal companies at the top of their investment lists are manipulating the idea that a franchise actually serves Americans with diversity and employment and GOOD pay and opporutnity.
NOT !!!
There is not an American alive that does not understand the damage Wal-Mart does to local economies and local environments. Companies such as Wal-mart actually cost the local, state and federal government to operate because they pay lousy, discriminate and have poor health care insurance.
It is better for local economies to reclaim their focus and put local insurance brokers to work in providing "Insurance Pools" to small businesses in the area.
This is outrageous. Americans are thought of as fools to be deceived and manipulated either unwittingly or for political purposes. There is no morality anymore, just money and power brokers to it.
Investment Guide: timely opportunities picked (click title to entry - thank you)
By JOHN STANCAVAGE World Staff Writer
Published: 9/19/2010 2:26 AM
Last Modified: 9/19/2010 6:16 AM
...As always, we asked our group of local money managers to pick the local-interest stocks they think will perform best in the next 12 months. As we tabulated the votes from each picker to produce our top 20 list, a couple of themes emerged.
If things improve, consumer spending will rise, which probably was the reason Wal-Mart Stores Inc. grabbed the top spot this year.
Our pickers also liked natural gas plays such as ONEOK Inc. and Williams Cos. If business activity increases, natural gas use could rise, finally driving prices up from recent lows beneath $4 per thousand cubic feet....
Even in 2009, after the largest investment bank collapse in history, the GUIDE only names huge companies with abandon. How many AMERICANS have these companies put back to work manufacturing products that Americans use?
Tulsa World Investment Guide 2009
1. AT&T Inc.: the big apple
2. Bank of America: through the fire
3. JPMorgan Chase & Co.: good show
4. Chevron Corp.: Prolific but second
5. IBM Corp.: new services
http://www.tulsaworld.com/webextra/content/2009/investment09/5a.aspx
Ranking the Area Investment Stocks 2008
l. Conoco Phillips
2. Walmart
etc......
http://www.tulsaworld.com/webextra/content/2009/investment09/2a.aspx
