Via America’s Lawyer: Mike Papantonio and Trial Magazines Editor Farron Cousins break down the virtual monopoly Amazon now enjoys, given that nearly HALF of all online purchases in the U.S. are now placed through its all-encompassing marketplace. Also, the state of Texas has banned the use of red light cameras. Mike Papantonio explains more.
Become a member today!: https://www.youtube.com/channel/UCYWIEbibRcZav6xMLo9qWWw/join
Support us by becoming a monthly patron on Patreon, and help keep progressive media alive!: https://www.patreon.com/TheRingofFire
Find our merchandise at Teespring: https://teespring.com/stores/rof-store
Spread the word! LIKE and SHARE this video or leave a comment to help direct attention to the stories that matter. And SUBSCRIBE to stay connected with Ring of Fire's video content!
Support Ring of Fire by subscribing to our YouTube channel: https://www.youtube.com/theringoffire
Be sociable! Follow us on:
Facebook: http://www.facebook.com/RingofFireRadio
Twitter: http://www.twitter.com/RingofFireRadio
Google+: http://plus.google.com/118415831573195648557
Instagram: https://www.instagram.com/ringoffirenetwork/
Follow more of our stories at http://www.TROFIRE.com
Subscribe to our podcast: http://www.ROFPodcast.com
*This transcript was generated by a third-party transcription software company, so please excuse any typos.
There's no part of your daily life that Amazon and Jeff Bezos aren't trying to become a part of. Whether it's your retail shopping, your grocery shopping, entertainment, news and even the government, Amazon and Bezos are there. The company's grown far too powerful and they, they, they need to be broken up. And I have Farron Cousins with the trial lawyer magazine to talk about that. Farron until you, by the way, this article that was done, the source of what we're going to be talking about was superb.
Yeah.
As a matter of fact, we interviewed this, this man many, many times, and every time he comes through with a research article like that, it's great stuff.
Absolutely. David Dayen does a phenomenal job of laying this out. And it's something that, you know, before seeing this, we had talked in the past about Amazon's here, Amazon's there. But, but Dayen really connected this giant horrifying web of Bezos and Amazon that most people don't even understand exists out there.
Well what Dayen did, he explains how we're just completely puppets controlled by a massive puppeteer named Jeff Bezos. And if, so here's what he does. And, and this was when I found answers thing is I was reading this story, we've done independent stories on virtually everything that he talked about.
Right.
But then what he does is brings everything together. And as, as I look at it and you, and you do a chart of what he's talking about, Bezos is in the Pentagon contracting business. He's in the banking business, the production, Amazon retail business, storage business, financing business, the grocery, the grocery store business. He owns the Washington Post News, he's in the movio studio entertainment business. He's in the video game business, he's in the health care business and he's on the online pharmacy business. I mean, at what point do you say, how many independent mom and pop businesses have you put out of business? Isn't that kind of what this is about?
Oh, absolutely. And Dayen, you know, sat there, he looked through the numbers and looked through other reports and basically every time an online commerce gains one percentage point of total commerce. So right now, I think Amazon's at about 16% of ecommerce every time that goes up by 1% 8,000 brick and mortar stores in the United States close down. So every time Amazon gains one more point of that market or online commerce in general, 8,000 brick and mortar stores around this country will close their doors, all their employees suddenly without a job. And it's because Amazon is growing at this exponential rate, getting government contracts to help their growth.
Ten billion, twenty billion dollar contracts.
Right.
Okay, let, let me talk about this. Just, just let me slow this down just so I think that people watching can better understand what's at, what's at risk here. So you talked about the numbers with every point we lose x number of jobs, eight thousand, eight thousand for every point. They're at 16 points right now, right? That keeps increasing every year. And, and you know the reason this company has been described by people that are in the commerce business as the Death Star. Do you remember the, you remember the issue with Walmart? Walmart comes to town, they build this new entity, a Walmart superstore, and virtually everybody around them within 15 miles that does the same thing, sells the same product is out of business.
Right.
This is even worse. We're not even talking about bricks and mortar. We're talking about an American public that has become secluded in the way they shop.
#rof #trofire #theringoffire #progressivenews
Become a member today!: https://www.youtube.com/channel/UCYWIEbibRcZav6xMLo9qWWw/join
Support us by becoming a monthly patron on Patreon, and help keep progressive media alive!: https://www.patreon.com/TheRingofFire
Find our merchandise at Teespring: https://teespring.com/stores/rof-store
Spread the word! LIKE and SHARE this video or leave a comment to help direct attention to the stories that matter. And SUBSCRIBE to stay connected with Ring of Fire's video content!
Support Ring of Fire by subscribing to our YouTube channel: https://www.youtube.com/theringoffire
Be sociable! Follow us on:
Facebook: http://www.facebook.com/RingofFireRadio
Twitter: http://www.twitter.com/RingofFireRadio
Google+: http://plus.google.com/118415831573195648557
Instagram: https://www.instagram.com/ringoffirenetwork/
Follow more of our stories at http://www.TROFIRE.com
Subscribe to our podcast: http://www.ROFPodcast.com
*This transcript was generated by a third-party transcription software company, so please excuse any typos.
There's no part of your daily life that Amazon and Jeff Bezos aren't trying to become a part of. Whether it's your retail shopping, your grocery shopping, entertainment, news and even the government, Amazon and Bezos are there. The company's grown far too powerful and they, they, they need to be broken up. And I have Farron Cousins with the trial lawyer magazine to talk about that. Farron until you, by the way, this article that was done, the source of what we're going to be talking about was superb.
Yeah.
As a matter of fact, we interviewed this, this man many, many times, and every time he comes through with a research article like that, it's great stuff.
Absolutely. David Dayen does a phenomenal job of laying this out. And it's something that, you know, before seeing this, we had talked in the past about Amazon's here, Amazon's there. But, but Dayen really connected this giant horrifying web of Bezos and Amazon that most people don't even understand exists out there.
Well what Dayen did, he explains how we're just completely puppets controlled by a massive puppeteer named Jeff Bezos. And if, so here's what he does. And, and this was when I found answers thing is I was reading this story, we've done independent stories on virtually everything that he talked about.
Right.
But then what he does is brings everything together. And as, as I look at it and you, and you do a chart of what he's talking about, Bezos is in the Pentagon contracting business. He's in the banking business, the production, Amazon retail business, storage business, financing business, the grocery, the grocery store business. He owns the Washington Post News, he's in the movio studio entertainment business. He's in the video game business, he's in the health care business and he's on the online pharmacy business. I mean, at what point do you say, how many independent mom and pop businesses have you put out of business? Isn't that kind of what this is about?
Oh, absolutely. And Dayen, you know, sat there, he looked through the numbers and looked through other reports and basically every time an online commerce gains one percentage point of total commerce. So right now, I think Amazon's at about 16% of ecommerce every time that goes up by 1% 8,000 brick and mortar stores in the United States close down. So every time Amazon gains one more point of that market or online commerce in general, 8,000 brick and mortar stores around this country will close their doors, all their employees suddenly without a job. And it's because Amazon is growing at this exponential rate, getting government contracts to help their growth.
Ten billion, twenty billion dollar contracts.
Right.
Okay, let, let me talk about this. Just, just let me slow this down just so I think that people watching can better understand what's at, what's at risk here. So you talked about the numbers with every point we lose x number of jobs, eight thousand, eight thousand for every point. They're at 16 points right now, right? That keeps increasing every year. And, and you know the reason this company has been described by people that are in the commerce business as the Death Star. Do you remember the, you remember the issue with Walmart? Walmart comes to town, they build this new entity, a Walmart superstore, and virtually everybody around them within 15 miles that does the same thing, sells the same product is out of business.
Right.
This is even worse. We're not even talking about bricks and mortar. We're talking about an American public that has become secluded in the way they shop.
#rof #trofire #theringoffire #progressivenews
- Catégories
- E commerce Amazon
Commentaires