Smart. Sharp. Funny. Fearless.
Sunday, December 17, 2017

The Great Scamazon

Reprinted with permission from Creators.

As you’re doing your holiday shopping this season, think about this: While big brand names travel hither, thither and yon to play Milk the Taxpayer, Amazon is totally rewriting the rules of the taxpayer subsidies game, super-sizing their piles of public money without even having to go door to door.

In September, the $136-billion-a-year, multi-tentacled monopolist sparked a prairie fire of excitement among state and local economic development officials when it coyly announced its intention to build a second corporate headquarters in Someplace, North America.

CEO Jeff Bezos baited his location-subsidy trap with red meat, announcing that Amazon “expect[ed] to invest over $5 billion in construction and grow this second headquarters to include as many as 50,000 high-paying jobs.”

Then Bezos & Co.…

Read More

Oligarchs And Oligopoly Killing Net Neutrality

Reprinted with permission from Creators.

We’re told by politicos, pundits and internet providers themselves that access to the net is crucial to our educational achievement, future prosperity and ability to be self-governing. Yet, while this digital highway is deemed vital to our nation’s well-being, access to it is not offered as a public service — i.e., an investment in the common good. Instead, it is treated as just another profit center for a few corporations — so few that selling broadband access to the world wide web has become a very lucrative source of what economists call “monopoly rents,” the ability of corporations in a non-competitive market to extract excess profits from customers.…

Read More