The Truth-O-Meter Says:
Obama

"While I was working on those streets watching those folks see their jobs shift overseas, you were a corporate lawyer sitting on the board at Wal-Mart."

Barack Obama on Monday, January 21st, 2008 in a debate in Myrtle Beach, S.C.

Hillary went the Wal-Mart way

At a Democratic debate in Myrtle Beach, S.C., Sens. Barack Obama and Hillary Clinton argued about Obama's recent comments about Ronald Reagan (We addressed the Reagan spat with this item ). As the debate grew heated, Obama portrayed himself as a fighter for Democratic principles and suggested that he was more in touch with working people than she was.

"While I was working on those streets watching those folks see their jobs shift overseas, you were a corporate lawyer sitting on the board at Wal-Mart," Obama said.

Obama is referring to the period from 1985 to 1988 when he was a community organizer in neighborhoods on Chicago's South Side. And he is correct that during that period, many employers in that area — particularly in the steel industry — were closing their plants and moving jobs overseas. U.S. Steel, for example, employed 40,000 people there in the 1970s but shut down operations in the mid 1980s.

Obama is correct about Clinton's tenure on the Wal-Mart board of directors. She was appointed to the board in 1986 when her husband was the governor of Arkansas and she served until 1992. As a board member, Clinton pushed for more women in management and a better environmental program, according to a New York Times examination of her work on the board.

At the time, she worked as an attorney for the Rose Law Firm, which had many corporate clients such as Wal-Mart and Tyson Foods. Clinton specialized in patent infringement and intellectual property cases.

We find Obama has his facts straight and his claim is True.

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About this statement:

Published: Tuesday, January 22nd, 2008 at 12:00 a.m.

Subjects: Candidate Biography

Sources:

Obama Campaign, Meet Barack Obama

Encyclopedia of Chicago, U.S. Steel Corp.

Wal-Mart, 1992 Annual Report

Wal-Mart, 1987 Annual Report

Encyclopedia of Arkansas, Hillary Clinton

New York Times, "Rose Law Firm, Arkansas Power, Slips as It Steps Onto a Bigger Stage," by Stephen Labaton, Feb. 26, 1994

New York Times, As a Director, Clinton Moved Wal-Mart Board - But Only So Far," by Michael Barbaro, May 20, 2007

David Mendell, Obama: From Promise to Power, Amistad, 2007

Interviews: David Mendell, author of Obama: From Promise to Power; Ed Paesel, executive director, South Suburban Mayors and Managers Associations.

Written by: Bill Adair
Researched by: Bill Adair
Edited by: Amy Hollyfield

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