The closed circle of Wal Mart economics

[liberal N proud]

29. The old company store game

Many don't get paid enough to have bank accounts due to minimum balance requirement. So WalMart charges them to cash their paychecks.

Remember from your history lessons where before organized labor, many companies had company stores where workers were pretty much forced to buy all their food and other needs at inflated prices. And the companies paid them with company money and not US currency.

This is not too far from that except WalMart has managed to enslave the employees with low prices and low wages making their money on volume.