Amazon Web Services turns a massive profit – which allows Amazon online retail to do obnoxious, no-profit things like this:
“Black Friday in brick-and-mortar retail circles – is the day after Thanksgiving, and marks the start of the Christmas shopping season. It is called Black Friday because most retailers operate in the red (i.e. at a loss) – all year until then. It is that day they break through into the black. So obviously, Christmas for them is life-saving crucial.
“Amazon knows this. So what do they do?:
“‘Amazon is cutting prices ferociously on its products as Christmas shopping picks up, to levels that are break-even or below.’ (more…)
Thanks to the obscene over-officiousness of the Barack Obama Administration, we have spent much of our time the less decade or so discussing the incredible damage the federal government can do – and was doing – to…everything.
Obama’s outsized over-officiousness – certainly warranted the outsized extra attention. Because his one-size-fits-none government impositions – left no room for anyone anywhere to breathe. Let alone actually engage in any sort of commerce.
We are now thankfully enjoying the much-less-federal-government Donald Trump Administration. Trump has been slashing regulations – including many major impositions imposed by his predecessor.
One such inherited dumbness undone – was Obama’s unilateral power grab of the entirety of the Internet. Under the guise of the very stupid Network Neutrality, Obama imposed 1934 monopoly landline phone law…upon the World Wide Web.
This made zero technological sense – let alone any sense of the economic variety. So Trump rightly, reasonably undid it. (more…)
Amazon’s dominance of more and more sectors of our economy – is great and growing. And they do it – the way the violent, radical Leftist Black Panthers attempted to accomplish their ends: “By any means necessary.”
Amazon has behaved this way – from their very beginning. Some of the moves seemed at the time unorthodox – but in retrospect seem cold, calculating – and deadly for everyone…but them.
A key component of Amazon’s murderous business model – was operating for a quarter century making…almost no money whatsoever. And for many quarters at a time – actually losing coin. This from 2013:
Commercial trade between people and peoples – is subject to what everything else on the planet is subject: human nature.
Much of what one should know about human nature – could have been learned in high school. Life – is high school on steroids.
Life has cliques – just as high school did: Jocks, geeks, nerds, spazs, etc. You may have different group names – but not different group types. And these personality types – channel people from the cradle all the way through life.
You’re born a certain way – and life will inexorably catch up and catch on.
They say politics is Hollywood for ugly people. But both Hollywood and DC are populated by representatives from all those high school groups – and they view the world through these respective prisms. (more…)
Ever since the Donald Trump Administration’s Trump Federal Communications Commission (FCC) announced it was undoing the Barack Obama Administration FCC’s unilateral, Congress-free imposition of 1934 monopoly landline telephone law on to the Internet – under the guise of the very awful Network Neutrality – Leftists have been flexing the crazy they have long since gone.
This Leftist histrionic nonsense has been – Leftist histrionic nonsense. Aptly documented on a daily basis by FCC chief of staff Matthew Berry. Who has on his Twitter page – since the Trump FCC rightly and reasonably rolled back the Obama FCC nonsense – been counting the days of…no change whatsoever to the Internet. (more…)
Believe me when I say: I believe with moral certitude and every fiber in my being that the federal government – in ways more numerous than the stars in the sky – is way overdue for massive and dramatic reform.
But I am a staunch conservative – and less government proponent. You know who else says DC is in dire need of “reform?” The biggest of big government Leftists.
You can probably ascertain my definition of “reform” – is more than a mite different than theirs.
To wit: The Feds spend $4 trillion per annum. My reform – would get that closer to $1 trillion. Theirs – would get that closer to $40 trillion.
Dramatically different outcomes – but we’ve both “reformed” DC. (more…)
The Supreme Court last week issued a really ridiculous and awful ruling. In blatant violation of the Constitution’s Commerce Clause and its protections of federalism – and of the “Taxation without representation” foundational rally cry of the American Revolution that preceded it.