http://www.visa.ca/en/aboutcan/mediacentre/news/visa-open-letter-walmart.jsp#.V2Ltk3nmrIU
EXCUSE ME FOR BEING BLUNT… BUT THE CREDIT CARD BUSINESS IS BROKEN. VIS A VIS CREDIT SCORES AND FORKING OUT REDICULOUS INTEREST RATE PAYMENTS…
I HAVE ONLY ONE THING TO SAY TO LOAN SHARKS !
YOUR DAYS ARE NUMBERED – STARTING WITH 900 PERCENT INTEREST LOANS FROM MONEY MART AND GOVERNMENTS THAT ALLOWS THAT TO CONTINUE ARE INLINE FOR A DAMN GOOD WHOOPING !
NOW… READ MY LIPS CAREFULLY !
IF WALMART ONE OF THE TOP CORPORATIONS IN THE WORLD TRYING TO SAY THAT ENOUGH IS ENOUGH WITH SKY HIGH COSTS, THEN YOU CAN BET YOUR COLLECTIVE CREDIT ASSES THAT THE MOM & POP STORES ON MAIN STREETS EVERYWHERE HAVEN’T GOT A SNOWBALL CHANCE IN HELL OF SEEING BLACK WHEN IT COMES TO MERCHANT FEES.
WALMART HAS SUCCEDED BECAUSE IT HAS ALWAYS WORKED TO HELP THE STRUGGLING WORKING CLASS MAINTAIN AN ACCEPTABLE STANDARD OF LIVING WHILE GIVING JOBS TO PEOPLE OVERSEAS AT THE SAME TIME. IT HAS EMPLOYED MANY PEOPLE WITH PHYSICAL CHALLENGES WHERE OTHERS WOULD HAVE SHIED AWAY FROM EMPLOYING. IT HAS BEEN AN ECONOMIC BOOM FOR CITIES ALL OVER THE PLANET. IT HAS BEEN A WORK HORSE AND BUSINESS HUB REDEFINING COMMERCE EVERYWHERE. IT HAS BEEN A TRANSFORMATIONAL MODEL OF HOW TO DO ELECTRONIC BUSINESS THAT HOME DEPOT, LOWE’S AND TARGETS HAVE EMULATED. NOW… IF WALMART SAYS ENOUGH IS ENOUGH, THEN I SUGGEST THAT YOU PAY CLOSE ATTENTION AND DISCUSS YOUR DIFFERENCES TO MAKE IT WORK.
YES, CREDIT IS A RISKY BUSINESS. BUT SO IS LLOYD OF LONDON IN THE RE-INSURANCE BUSINESS. AND THEY’VE BEEN AROUND LONGER THAN SCOURGE AND CHARLES DICKENS.
SO… MIND YOUR LETTERS AND START REVAMPING YOUR BUSINESS MODELS, CAUSE IF WALMART STARTS A STAMPEDE… YOU CAN BET YOUR ASSES THAT OTHERS ARE GONNA FOLLOW SUIT PRETTY DAMN QUICK !
ME FIRST – READ BOTH OF MY LIPS – NO DAMN CREDIT CARDS ! PERIOD ! FINITO ! HASTA LA VISTA WITH CROOKED CREDIT SCORES THAT FUCK YOU LEFT RIGHT AND CENTER AND CALLS FROM YOUR CROOKED FIXED CREDIT COLLECTION AGENCIES.
AND BTW – THAT APPLIES TO ALL CREDIT CARDS.
CASE IN POINT MY DEAR FEATHERED FRIENDS.
REMEMBER EATONS ! WELL I TOLD THEM BACK IN THE MID-70’S TO GO FUCK THEMSELVES WITH THEIR CREDIT CARD BUSINESS AND THAT THEY WOULD GO TITS UP !
WHO WANTS TO BE NEXT ???
LINE UP CAUSE I’M GETTING READY TO GET THOSE COWBOY BOOTS AND SPURS ON AND DO BUSINESS.
NOW…. DO I HEAR ANY MISGIVINGS ABOUT WALMART DOING BUSINESS WITH IBM ??? A PARTNERSHIP I BELIEVE JUST ABOUT FROM DAY ONE THAT PUT WALMART ON GOOGLE MAPS EVERYWHERE ? IS WALMART BLOWING HOT AIR ABOUT IBM OVERCHARGING ??? REMEMBER IT’S ALL THE MAINFRAMES AND SQL SERVERS THAT MAKES ELECTRONIC COMMERCE POSSIBLE. YES. MEGABUCKS FOR THE IT SYSTEMS, BUT HELL THE CASHFLOW ALONE IS MIND BOGGLING.
AND DARE I ADD – WHAT ABOUT COSTCO ! DIDN’T THEY GO THROUGH A SIMILAR EXERCISE JUST RECENTLY ?
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