Monday, September 05, 2005
For the Katrina Fund established by former Presidents Bush and Clinton, Wal-Mart committed $15 million in cash assistance. Thus far, Wal-Mart has contributed $17 million in cash donations to relief efforts.Notes Walter Block of Loyola of New Orleans (who's had to relocate to Vancouver):
Separately, the Walton Family Foundation is providing $8 million to the Bush-Clinton Katrina Fund. The Walton Family Foundation has provided an additional $7 million to help organizations such as The Salvation Army, America's Second Harvest, and Foundation for the Mid-South.
As part of this commitment, Wal-Mart will �establish mini-Wal-Mart stores in areas impacted by the hurricane. Items such as clothing, diapers, baby wipes, food, formula, toothbrushes, bedding and water will be given out free of charge to those with a demonstrated need.�Block's entire piece is worth reading for a negative view of government assistance at this time, even while he's in exile. Much more at WalMart watchblog, Always Low Prices.