There Is Only One Business: SCAM

Market Ticker ^ | O1/11/18 | Karl Denniger

[i_robot73]

>
Yes, Amazon made arrangements to deliver below cost. When you are supplying a large fraction of the service provider’s revenue, you can make deals like that. (Lose Amazon’s business, USPS could actually go under.)
...
Don’t like what’s happening? then stop using Amazon, USPS, Netflix, Intel, etc
>

Aside from the USPS (a govt monopoly. Being so, it cannot adopt to market forces, nor ‘go under’ [though, IMO, it should]...and others doing the same is *ILLEGAL*), I believe the point is that Fascism/Socialism have taken such a hold in the U.S. that the choices/availability of competition are limited BECAUSE of the same.

BIG govt allows (near) MONOPOLIES. Govt refuses to not only deregulate, but also break-up the same. TV/news/cable...run, by what, 3 diff. conglomerates? Banks GOBBLED up by BOA/Chase/etc. ‘too big to fail’. Hell, I’m surprised Tesla could break-out as he did (presuming no ‘greased palms’....RIGHT).

We need a restoration of the Free Market and the watchful eye of govt to ensure an equal playing field...no picking the winners (donors) and losers (taxpayers/Freedom).

[DiogenesLamp]

But I do think we are a highly leveraged society, leaning on debt far more than any rational civilization would, and I think Big Government and Big Business create an environment where certain people cannot lose. Sweet deal for them.

Ping to BroJoeK.

Here is another article you can ignore.

[DiogenesLamp]

Respectfully, it is certainly not called “Capitalism.” It is “Cronyism,” at best. It is also mostly “Fascism,” the collusion of corporate and state interests. It is near 180 degrees from capitalism. It is anti-competitive, terminally corrupted, and will ultimately fail. We haven’t had free markets since a bit more than 100 years ago...

The Civil War started that practice in this Nation. I didn't realize this until about the last two years when I started looking at the financial reasons for the war. It was a collusion of crony capitalism between Northern business giants and the government that launched that war against the South to stop them from breaking up their sweet deal.

Another Ping to BroJoeK which he will likely ignore.

[DiogenesLamp]

Liberals love money; they just want a government they control to have all of it.

Since 1861.

[gunnyg]

??? don’t do it!
Ya gotta...grok it!
;)
Never Fergit To Laugh!
***********************

[Moonman62]

Amazon is known to have gamed the USPS — probably with the explicit help of Congress (who they lobby all the time) to get below cost package delivery. You pay for this every time you send a letter or package to someone, and they literally rob you. In addition the firm engages in the very definition of anti-trust punishable behavior by cost-shifting their loss-making sales onto AWS customers, some of whom are various state, local and federal governments and thus there’s no push-back available to private industry there either. All of this should have been met with a bone-crushing response years ago, but it hasn’t and won’t be.

...

Why doesn’t the Washington Post do a story on it?

[Migraine]

OK, maybe just one: GOVT.

OK, you got me there; GOVT covers a multitude of peeves.

[BroJoeK]

DiogenesLamp: "Here is another article you can ignore. "

Here's some of what I think on this subject:

The Speech that Made Trump President

[BroJoeK]

And here's more: December 8, 2017