Monday, December 5, 2011

Who Really Cares? The Five Most-Hated Corporations, that's Who

You hear a lot from the Occupy Wall Street mobs that corporations are greedy and evil, which can mean only that the Occupiers know as little about corporations as they do about politics, economics, history, and law. 
Habitually, the corporations that top the left’s list of the most hated in America include Wal-Mart, Goldman Sachs, Exxon, Bank of America, and Wells Fargo.  They include, respectively, a big box chain started by an evangelical Christian, a financial and investment institution, big oil, and three major banks -- the left’s usual suspects.
For the record, precisely those five most-hated corporations happen to be the most generous corporations of all, both in America and in the world, based upon their 2010 giving:

1. Wal-Mart: $319,454,996
2. Goldman Sachs: $315,383,413
3. Wells Fargo: $219,132,065
4. Bank of America: $207,939,857
5. Exxon Mobil: $198,692,197

In other words, the five most-hated American corporations donated more than $1.2 billion just last year.  By any objective standard, that’s a whole lot of charity; that’s a whole lot of giving.  Yet even that is not enough for the OWS park dwellers.  I forget how how much they donated. 
Leave it to the Libs to hate the best and most generous, and yet to think of themselves as the measure of virtue. 
It’s what you’d expect from folks who lionize Barney Frank as a champion of the poor, but who excoriate Paul Ryan as a grandma killer.
After all, it’s not like the Occupiers are known for their clarity, their charity, or their ability to make a viable contribution to the economic health of the country.  

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