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Guys we are talking about business that is non-contract. We are talking about government employees walking in with a Mastercard and making a purchase. Mastercard is going to send HD a check pretty quick and if the gov't doesn't pay mastercard then interest charges will accumulate. Either way HD is getting the dough from Mastercard. And HD is no little guy w/ $53 Billion in sales that's probably #10 or 20 on Fortune 500. It's hard to get any bigger, IOW I'm sure they manage they're receivables with their best interest in mind.
I think the reason things don't get done properly in Washington is too much bickering and adversarialism i.e. Dems vs. Rep. trying to court favor with voters by trumping up one side's mistake or twisting around facts to suit whatever agenda is being pushed. Sad, but this government system was established by the USA's founding fathers with the people's best interest in mind. The system is not the problem, the execution of the governement's responsibilities is what is. People want the governemnt to be responsible for everything (medicare, SS, defense) and not have their hand in anything at the same time because they're overreaching. Pretty tough.[/QB] Actually, MasterCard doesn't make a dime of interest, the only thing MasterCard gets is a transaction fee. The bank issuing the MasterCard makes the interest, if paid. Of course, HD has to have a bank to process it's MasterCard payments as well, so they pay a bit for each transaction as well. Anyway, the other point you make is about the size and scope of Federal government. In my opinion, there are only three jobs that are the responsiblity of the Federal Government: National Defense Foreign Policy Constitutional Defense/Domestic Police Education, Food, Welfare, Medicine, Roads Bridges and whatnot are NOT the job of the Federal Government. Perhaps if the Federal Government would focus on it's core function, the horrific events of 9/11 could be avoided. The large mass of the govenment and it's myriad branches make it hard to do any one task reasonably well. But this is just my opinion, your mileage may vary. TB
Tony Boner Personal: 98cdw27@charter.net Work: tony.boner@sun.com Saving the computer world from WinBloze as Unix/Solaris/Java Guru http://www.sun.com 1998 Contour SVT Pre-E1 618/6535 Born On Date: 4/30/1997 Now with Aussie Bar induced mild oversteer.
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Originally posted by Antonio Wright: Originally posted by TheGreatOne:
[b]Maybe they want to get paid....every try to get money out of a big corporation or business? They take their sweet @$$ time paying their bills...leaving you to carry the balance. Not good for the little guy.
-Antonio[/b]Uh, sorry, but they are refusing cash also, so there goes that theory. I for one will never step foot in another HD again. Nor will I ever buy gas from Casey's, who shot gas prices through the roof right after Sept 11, when all the other stations in town didn't raise their prices one cent. Casey's made that money on the blood of innocent New Yourkers. Fuxor them.
"When I take action, I'm not going to fire a $2 million missile at a $10 empty tent and hit a camel in the butt. It's going to be decisive." - President George W. Bush
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Originally posted by javaContour:
Something else to consider is that there are many instances of government credit card fraud. Federal, State and Local workers buying personal stuff on government issued credit cards.
I think you are anti-American if you think HD should be forced to sell to the government.
This is a private business, that should have the freedom to sell or not sell to whomever they wish.
Instead of laws dictating to whom they must sell, let the marketplace decide.
I think more companies should refuse to sell to the government, then maybe they will stop wasting so much of [b]my hard earned money that is taxed away for whatever silly problem the government feels obligated to manage (they never actually solve any, just manage them.)
Rant Off
TB[/b] And I have the freedom of choice never to buy so much as a light bulb from them again, either. HD can go to hell.
"When I take action, I'm not going to fire a $2 million missile at a $10 empty tent and hit a camel in the butt. It's going to be decisive." - President George W. Bush
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Check out this article from the HD website: EDIT: sorry weird website got to www.homedepot.com then at the bottom click press releases and look at the 6/16/02 press release. The explanation seems to be over-compliance. They won't sell to the gov't because they then might have to abide by certain obligations put upon gov't contractors. java said:
Actually,
MasterCard doesn't make a dime of interest, the only thing MasterCard gets is a transaction fee. The bank issuing the MasterCard makes the interest, if paid.
I said interest charges would accumulate not mastercard would earn interest. 
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As Thomas Jefferson was fond of saying, "The price of freedom is eternal vigilance."
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That press release says a whole lot of nothing.
"When I take action, I'm not going to fire a $2 million missile at a $10 empty tent and hit a camel in the butt. It's going to be decisive." - President George W. Bush
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Sorry Sandman; also on the first page of this thread it is alluded (ellude?) to the fact that government requirements for contractors are stringent. Maybe they just don't want to have the burden of complying with those rules. I really can only speculate.
98.5 SVT Black/Blue
As Thomas Jefferson was fond of saying, "The price of freedom is eternal vigilance."
If you're driving 60 in the left lane do us all a favor, GTFOOTW..
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Originally posted by SweetVT: Check out this article from the HD website: EDIT: sorry weird website
got to www.homedepot.com then at the bottom click press releases and look at the 6/16/02 press release.
The explanation seems to be over-compliance. They won't sell to the gov't because they then might have to abide by certain obligations put upon gov't contractors.
java said:
Actually,
MasterCard doesn't make a dime of interest, the only thing MasterCard gets is a transaction fee. The bank issuing the MasterCard makes the interest, if paid.
I know what you said, I was just clarifing for those who don't read carefully. I think it is great that everyone can choose whether or not to shop at these stores. I don't think what they are doing is anti-American by any stretch of the imagination. Maybe short-sighted, but not anti-American  TB
Tony Boner Personal: 98cdw27@charter.net Work: tony.boner@sun.com Saving the computer world from WinBloze as Unix/Solaris/Java Guru http://www.sun.com 1998 Contour SVT Pre-E1 618/6535 Born On Date: 4/30/1997 Now with Aussie Bar induced mild oversteer.
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Originally posted by SweetVT:
Sorry Sandman; also on the first page of this thread it is alluded (ellude?) to the fact that government requirements for contractors are stringent. Maybe they just don't want to have the burden of complying with those rules. I really can only speculate. I still see no excuse for denying cash transactions. Sorry, they have lost me as a customer.
"When I take action, I'm not going to fire a $2 million missile at a $10 empty tent and hit a camel in the butt. It's going to be decisive." - President George W. Bush
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If you sell to the government, you are required to have a "diverse workforce". Brian Originally posted by PackRat:
Why do they not want to sell to the government? Is that non PC. Did some treehuggers in Berkeley get upset over this while drinking their "Fair Trade" coffee and reading their treehugger propaganda newsletters?
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[QUOTE]Originally posted by AndrewR: Washington Post Story for more information. It sounds like HD has had a long standing policy, but after the St. Louis Post-Dispatch read a copy of the memo, the 'fit hit the shan'. HD is just trying to not be labeled a government contractor so they won't have to do additional accounting or employment related disclosures.
More info:
http://www.smartmoney.com/bn/ON/index.cfm?story=ON-20020617-000185-0543
http://www.boston.com/dailynews/168/economy/Home_Depot_works_to_avoid_fede:.shtml [ /QUOTE] this is EXACTLY what I was thinking...something to do with their equal employement ideas. It looks as though they have something to hide from the government. I'd be interested to know the out come of this.
"The thing from which the work suffers more than from any other evil is not the assertion of falsehood, but the endless and irrepressible repetition of half-truths." – G.K. Chesterton
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