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...extra trip to the neighborhood supermarket, or even dollar stores, to take care of their basic needs. Plus, brands that were spurned by Walmart ran into the arms of its competitors, who were willing to compete aggressively with the retailer on price. "Suppliers don't care about going to war with Walmart because they've been stiffed by its new procurement practices," says retail consultant Burt Flickinger III, managing director of Strategic Resources Group, "and they know they'll be treated fairly at the other stores." (See how Americans are spending...

Author: /time Magazine | Title: Walmart, Suffering a Rare Slump, Fights Back on Prices | 3/20/2010 | See Source »

...course, Walmart won't get pounded on price for long. "The time has finally arrived!" Weinswig wrote in a research note. "WMT [Walmart's stock symbol] is lacing up the gloves in the fight to win the modern day price war in food retail in 2010." Weinswig found that a 2-liter bottle of Coca-Cola, which recently cost the consumer $1.58 at a New York City-area Walmart, was now selling at the same store for 98 cents. "You're not going to ignore that," says Weinswig. "That's 'wow' pricing, and you'll think twice about going somewhere...

Author: /time Magazine | Title: Walmart, Suffering a Rare Slump, Fights Back on Prices | 3/20/2010 | See Source »

...health industries, such as the pharmaceutical sector and health-insurance sector. These taxes will most certainly be passed directly onto consumers, so the later they are implemented, the later consumers will see drug prices and health-insurance premiums rise as a direct result. (Read "Who's Winning the Message War on Health Care...

Author: /time Magazine | Title: How Dems Got the Score They Wanted on Health Reform | 3/19/2010 | See Source »

...connect the dots, I thought, This is 9/11, only in 1983. This theme keeps repeating, so from the standpoint of a narrative, I realized you have to start in 1983 to understand how far back this actually goes and to know that what we know of as the "war on terror" is not something that began after 9/11. It really began almost 25 years...

Author: /time Magazine | Title: How America Became a Surveillance State | 3/18/2010 | See Source »

Reagan even used - or his Administration even used - the term "war against terrorism," right?Yeah. In '84 they started pushing new legislation to try and do different things to counter terrorist groups and to freeze their assets and marshal the forces of government, and this is when they announced they were declaring a "war against terrorism." I remember going back to the Reagan records and seeing that and having this startling moment...

Author: /time Magazine | Title: How America Became a Surveillance State | 3/18/2010 | See Source »

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