Maryland's Wal-Mart Scheme Fails in Court
A federal Judge ruled that the law in Maryland that would have required Wal-Mart to spend 8% of it's payroll on healthcare was negated by federal standards.
U.S. District Judge J. Frederick Motz ruled that the "Wal-Mart Law," which won overwhelming support in the General Assembly this year, ran afoul of a 32-year-old federal statute intended to protect corporations from having to navigate a patchwork of benefits requirements from state to state.
I doubt this ruling will enlighten them on the foolishness of a command economy. The nit wits in the legislature got to show the nit wits that voted for them that they were tough on the evil Wal-Mart which is all the matters to them. Their ventures into dictating the operating details on businesses in the state haven't ended with Wal-Mart. They are fresh from legislating the cost of electricity. Subsequently the debt rating of the utility has been lowered to near junk status thus increasing the cost of borrowing and in turn the cost of producing electricity. No matter, the votes are bought so the ruin of the state's economy is a secondary issue. They are probably hoping some judge will once more pull the bacon out of the fire before that happens.
Maryland politics Economics Wal-Mart