tonight I want to spend a few minutes talking about one of the fastest growing companies in America today. It pays its workers somewhere between 23 cents an hour and $1.15 an hour. It has a wide array of products. It pays no Federal taxes, it pays no State or local taxes. As I said, it is one of the fastest growing companies in America today. There are a number of reasons why this company is growing so fast. It has a lock on one of the largest customers in America. That customer cannot buy products or services from anybody else, unless that company provides that customer a waiver saying, all right, we are permitting you to go and purchase product from a competitive source. It is a company that, on bid day, where companies X, Y and Z have submitted their bids, this company can say at the bid opening, X, Y and Z, please provide me with all of your bid documents, and this fourth company can come back and say, you know, I will get back to you in a week or so to see whether I can match those bids.
On the recordMay 20, 2003
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govinfo.govEditor's note · Context
Discussing the practices of a rapidly growing company and its impact on competition and labor.
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