Amazon (sub)Prime? allows any third party to supply inventory into commingled stock. By Izabella Kaminska

Amazon (sub)Prime?

By Izabella Kaminska
Mar 20 2019
<https://ftalphaville.ft.com/2019/03/20/1553085361000/Amazon–sub-Prime-/>

The following is the first in a two-part post about Amazon’s dependence on an obscure process known as commingling, which has become essential to underpinning its instant fulfilment services, especially its Prime offering.

If you work in finance, the concept of commingling and its cost benefits will be instantly recognizable. But so will its risks.

And it’s these sorts of risks that are now creeping into the entire Amazon system due to the online retailer’s open-ended fulfillment structure, which allows any third party to supply inventory into commingled stock.

Not only is commingling becoming a means by which a huge number of sub-par or counterfeited goods are entering the Amazon network, it’s arguably the reason why Amazon is being forced to take increasingly extreme steps to take control of its suppliers.

As it does so, it turns itself back into a conventional vertically-integrated retailer like Tesco or Walmart, losing much of the scaling, and cost advantages, associated with its “Fulfilled by Amazon” model (FBA). This also forces an ever greater “unapproved” seller network to deal in the increasingly cut-throat dynamics of its wider marketplace offering. 

The consequences of all this, as we will explain, are glaring.

Unless you make your money from selling stuff on Amazon, chances are you won’t have heard of an FNSKU. The acronym stands for Fulfilment Network Stock Keeping Unit and represents a location identifier for products sitting in Amazon warehouses. This, to all intents and purposes, equates to an Amazon barcode. 

If you’re a seller on Amazon’s marketplace who has chosen to be fulfilled by Amazon’s warehouse system (a scenario which sees Amazon dispatching the seller’s products on their behalf from its warehouses) you will always need an FNSKU.

Apart from the times you don’t.

At such times all you need is a manufacturer code. And it’s these instances, sellers tell FT Alphaville, that are introducing a counterfeiting vulnerability into the Amazon system.

Not using an FNSKU is appealing for sellers. It means products sourced from manufacturers do not have to be relabelled, ensuring they can be sent into Amazon’s network directly, saving time and money. Sellers who have chosen to be fulfilled by Amazon otherwise add an additional logistical layer into their operations if they have to relabel the goods independently. 

Using manufacture bar codes also means products are more likely to qualify for Amazon Prime classification, pushing them higher up the search rankings.

Sellers tell FT Alphaville that, as it stands, the Amazon system seems to structurally incentivise the use of manufacturer codes over FNSKUs as a result. Indeed, Amazon itself promotes the fact that the process speeds up delivery in its own literature:

If multiple sellers have inventory with the same manufacturer barcode, Amazon may fulfil orders using products with that barcode when those products are closest to the customer.

This happens regardless of which seller actually receives a customer’s order. We use this process to facilitate faster delivery.

COMMINGLING

But there is an important downside. Not using FNSKUs turns sellers’ products into cold, hard commodities which are treated as fungible with equivalent products sent into the system. This happens because of a process called commingling.

How does commingling work and why is it important to the Amazon Prime model?

If you have ever wondered how it is possible for Amazon Prime to guarantee 24, or 48, hour delivery for a hugely diverse range of products, the answer is commingling.

In its simplest and idealised form, commingling allows sellers to share inventory to the mutual benefit of all, especially with respect to speed of dispatch.

The larger the geographic area, the more effective commingling becomes. In the US, for example, a seller who supplies an Amazon warehouse in Florida can — thanks to commingling — fullfil a customer living in Minnesota as easily as customers in their home state.

To explain, consider that the time it might ordinarily take to deliver to a Minnesotan from Florida is bound by the physical limitations of travel. In other words, there’s no way a parcel can arrive more quickly than via a plane. That’s its effective speed of light limit.

However, if the buyer’s parcel can be dispatched from an equivalent commingled stock just around the corner, this theoretical speed of light limit can be broken.

<SNIP>

<If you label your commingle units by printing labels from your inventory page, and ship them with labels where you said to commingle, Amazon will likely delay your items being received and provide a warning to you about shipping items with labels when you said you want to commingle your inventory.>

<There are some inherent risks involved with using the stickerless commingled inventory option.  The main risk is the loss of control of the item that the end customer receives.  In addition to this there is the risk that there are counterfeit products that were sent in by other sellers, or sellers that are trying to pass off items as new that should be listed as used.  The problems arise when one of these counterfeit items or less than new items are sent to a customer that orders from you.>

<august 12, 2017
I ordered the top-rated eclipse glasses on Amazon a few months ago and they were counterfeit. If you put them on during daytime you can see indirect sunlight and even my kitchen light. They were shipped from China despite having “Made in the USA” markings and all the proper ISO certification fine print. I haven’t received any communication from Amazon, so people who haven’t heard from them should not assume their glasses are safe (contrary to Amazon’s statement). I contacted Amazon support and they were quick to initiate a refund. For some reason Amazon rejected my review warning that items from third party sellers may be counterfeit and explaining how to tell.
Here are a couple photos of the counterfeits>

Social media, infowar, cyber and human security and ethics

google

 

 

 

 

From last year’s , but still cogent. With , and .

How hackers pulled off a $20 million bank heist

https://arstechnica.com/information-technology/2019/03/how-hackers-pulled-of-a-20-million-bank-heist/

By Lily Hay Newman
Wired.com
3/17/2019

In January 2018 a group of hackers, now thought to be working for the North Korean state-sponsored group Lazarus, attempted to steal $110 million from the Mexican commercial bank Bancomext. That effort failed. But just a few months later, a smaller yet still elaborate series of attacks allowed hackers to siphon off 300 to 400 million pesos, or roughly $15 to $20 million from Mexican banks. Here’s how they did it.

At the RSA security conference in San Francisco last Friday, penetration tester and security advisor Josu Loza, who was an incident responder in the wake of the April attacks, presented findings on how hackers executed the heists both digitally and on the ground around Mexico. The hackers’ affiliation remains publicly unknown. Loza emphasizes that while the attacks likely required extensive expertise and planning over months, or even years, they were enabled by sloppy and insecure network architecture within the Mexican financial system, and security oversights in SPEI, Mexico’s domestic money transfer platform run by central bank Banco de México, also known as Banxico.

How to Bribe your way into Yale, Georgetown and Stanford

DOUBLE MAJOR IN WHITE COLLAR CRIME AND APPLIED HUBRIS !!

How to Bribe your way into Yale, Georgetown and Stanford

FIND OUT HOW COLLEGES LOOK THE OTHER WAY WHEN MOMMY AND DADDY BUY THEIR WAY IN

Wealthy Americans cheat their children’s way into elite universities, including  TPG Capital senior executive Bill McGlashan on 

NEED A COLLEGE DEGREE? click to learn how.

 

[ECP] K12Newsletters 3.11.18

► @YALE  #YALE What losers !!!!!!
These people are supposed to be smart right?
Why did it take  UNTIL 2019 to have their #1st FIRST discussion about the intersection of #AI #ETHICS AND #SOCIETY?

Definition of Boodle Boys

Everyone else in America has had #AI #ETHICS and #SOCIETY on the front burner for years while #yale wall street money makers could care less.

Yale is are so slow coming to this party that whatever they had to say is just to late.

1st Yale Workshop on AI, Ethics, and Society Friday, April 5, 2019
8:00am to 4:30pm
Yale on York
150 York Street New Haven, CT 06511

The goal of this workshop is to identify and discuss challenges that arise as AI systems are increasingly deployed to control various aspects of modern society and initiate a Yale-wide effort towards an inter-disciplinary approach to problems arising at the interface of AI, ethics, and society.

How slow was this academic institution in their concern for the welfare of the public – so slow that anything they would have to say is is already known from all the other conferences.

The Proper Bostonians ~ Cleveland Amory

Destroy Public Education

Federal Judge Vacates Betsy DeVos’ Special Education Regulation “Delay” thrown out !!! charter industry supports

► Excellent explanation of how #charter-school expansion harms public schools by ⁦@MGardnerKelly⁩. If 20 students across 6 grades leave a public school, it still needs exact same number of teachers, but budget can shrink by over $300,000.

► “Portfolio Model” is just a scheme to kill teacher unions, and another way for private company ownership taking away money from the commons into for profit business pockets.  Brought to you by City Fund Organization

Destroy Public Education, Version 2.0: The City Fund

Billionaire Netflix CEO, Reed Hastings, has joined with billionaire former Enron executive, John Arnold, to launch an aggressive destroy public education (DPE) initiative. They claim to have invested $100 million each to start The City Fund.

Badassteachers Blog In January of 2016, Philanthropy News Digest reported, “Netflix founder and CEO Reed Hastings has announced that he has created a $100 million fund at the Silicon Valley Community Foundation (SVCF) that will be focused on education.”
SVCF is a donor directed fund, so Hastings’s fund is dark money with no way of tracking where its tax-free spending is directed. The SVCF 2016 tax form shows Neerav Kingsland earning $253,846 as a Managing Director of the Hastings fund. He was also simultaneously serving as Senior Education Fellow at the Arnold Foundation and was on the board at the California Charter Schools Association.

 

► The Arizona Republic recently won a Polk Award for its outstanding coverage of charter corruption. Reach the reporter at craig.harris@arizonarepublic.com or 602-444-8478 or on Twitter @charrisazrep

Part 1
https://www.azcentral.com/in-depth/news/local/arizona-investigations/2019/03/05/arizona-charter-schools-parents-complaints-objections-find-nowhere-turn-american-leadership-academy/2871812002/

Accountabaloney Remember, train bills are used when the contents cannot withstand public scrutiny #SB7070
Killing Ed Movie: Real public schools don’t have “wait lists” and don’t use “lotteries”. Real public schools educate all students. Stop rampant expansion of charter schools and let’s focus on funding schools that teach all kids. The ‘wait list’ for #charterschools is a LIE. Used for years to lobby the state for MORE #charterschools (and money) by pro-charter industry. Self-reported. the Turkish Gulen Movement in America has 173 tax payer funded US charter schools. It is run by a cult group originally from Turkey. They are tied to the 2016 coup attempt there. operated by the Sky Foundation Inc. EIN 73-1578930 tax returns

► Charter High Schools, Graduation Odds Are Slim

An analysis of federal data by the Education Week Research Center identified 935 public high schools with four-year graduation rates of less than 50 percent in 2016-17

Only 10% of the students in the state of California attend charter schools.Why do their representatives get to police themselves?
The Task force charged with reviewing the charter law and the fiscal impact of charters on public schools has Six members of the 11-member panel are directly connected to the charter industry, including two from the lobbying organization CCSA. Why does the charter industry get to decide whether it is okay for them to drain funds and impose budget cuts on public schools?

  • Cristina de Jesus, president and chief executive officer, Green Dot Public Schools California (charter chain);
  • Dolores Duran, California School Employees Association;
  • Margaret Fortune, California Charter Schools Association board chair; Fortune School of Education, president & CEO;
  • Lester Garcia, political director, SEIU Local 99 (Local 99 took $100,000 from Eli Broad to oppose Jackie Goldberg, a critic of charters);
  • Alia Griffing, political director, American Federation of State, County and Municipal Employees (AFSCME) Council 57;
  • Beth Hunkapiller, educator and administrator, Aspire Public Schools (charter chain);
  • Erika Jones, board of directors, California Teachers Association;
  • Ed Manansala, superintendent, El Dorado County; board president, California County Superintendents Educational Services Association; the El Dorado County Office set up a Special Education Local Plan Area (SELPA) specifically to service students with disabilities in charter schools and wooed charter students away from their local districts; El Dorado supposedly offers services to disabled students enrolled in charter schools who live hundreds of miles away;  
  • Cindy Marten,  superintendent, San Diego Unified School District;
  • Gina Plate, vice president of special education, California Charter Schools Association (charter lobby);
  • Edgar Zazueta, senior director, policy & governmental relations, Association of California School Administrators (ACSA endorsed Marshall Tuck against Tony Thurmond). 

► CNN: Powerful House Judiciary committee sends document requests to #Facebook. “Facebook could soon have another headache on Capitol Hill: Democrats on the House Judiciary Committee have requested documents from the company spanning multiple issues, two sources familiar with the committee’s efforts tell CNN.” #DELETEFACEBOOK

► Joseph J. Simons is running the F.T.C.  has urged Congress to expand the F.T.C.’s privacy-enforcement powers and allow it to impose fines more easily, write new rules and hire more experts. He also says the agency should police how all companies and nonprofits — not just technology companies — collect and handle people’s digital data. The Facebook investigation is focused on whether the social network violated a 2011 consent decree in which it promised to protect user data and inform users of changes in how their data was used. #DeleteFacebook.
Support Elizabeth Warren Breaking Up Tech Giants Like Amazon and Facebook.

Facebook’s So-Called Pivot to Privacy Is a Diversion
Zuckerberg’s new pledge to create a “privacy-focused platform” sure seems to take a self-servingly narrow view of privacy. Slate

Free audio editing software

► Meme: Medium is the writing platform of choice for billionaires, billionaire politicians, and anti-billionaire politicians alike.

@ewarren Big Tech spent almost $50 million on lobbying last year. They know they have a lot to lose if Washington starts putting the interests of consumers first. That’s why I’m proposing to break up Facebook, Amazon, and Google to protect consumers and competition. Are you with me?

Closing the gender gap in the tech industry
Despite efforts from companies and universities, the number of women majoring in computer science is declining. A non-profit is trying to change that by offering coding lessons to girls as early as kindergarten
Did you know that there are professional learning workshops for teachers  in North Dakota? Applications are currently open for middle and high school teachers. Apply today!

► Mercedes Schneider is a master at tracking down financial records.
She shows the direct connections between the Sackler’s billions–derived from the sale of OxyContin–and the growth of the charter movement.
The Sacklers rank as the 19th richest family in the United States according to Business Insider. Jonathan Sackler, who has been a board member of Purdue Pharma, and his wife Mary Corson, are significant donors to Governor Gina Raimondo. Raimondo, who has said in the past she supports the Rhode Island lawsuit against Purdue Pharma, has refused to donate or return the donations from the Sacklers. Reuters

Federal watchdog issues scathing report on ed department’s handling of student loans

2019 STUDENT DEBT IS NOW 1.5 TRILLION DOLLARS

HISTORY – HOW DID WE GET HERE

Why did the U.S. get into the college loan business in the first place?  Tax Dollars, came from the people, to be spent for the people to protect the  welfare of the United States.

To Protect the Welfare of the United States.

In 1957 the Russians launched Sputnik. Student loans tied to help the U.S. compete technologically and scientifically with the Soviet Union.
President Dwight Eisenhower heeded calls to improve science and technical education by establishing a low-interest college-loan program through the National Defense Education Act of 1958 – with loan dollars coming straight from the government.

That name comes from the original name back in the ’70s, Student Loan Marketing Association. Sallie Mae (official name: SLM Corporation) was born as a government-sponsored enterprise.

PRIVATIZED PUBLIC INSTITUTIONS

Rethuglican Gorden Gecko greed is good  wanted all that loan sharking revenue from public money put in their pocket.

It was no longer about the welfare of the United States it is now all about Gorden Gecko greed is good profit taking for the public sector. That is why politicians allow it to continue. It’s great for wall street GGs they want their returns made from enslaving the American Public.

Go to College – Get a Loan – JUST DON’T GO!

GET VOCATIONAL TRAINING IN HIGH SCHOOL!!

‘I don’t want to be the forbearer of bad news, but forbearance actually increases your interest over time. An income-based repayment plan would be more fiscally responsible.’
—Comedian John Hodgman on his fictional student-loan game show

THIS SPINS OFF TO BECOME NAVIENT  press release

2014 The president and CEO of Sallie Mae BECAME Navient’s CEO. Sallie Mae  kept the company’s consumer banking operations, and new private student loans will originate from and be serviced by a private corporation.
Navient originates federally guaranteed student loans. It will also service private student loans that Sallie Mae currently holds.

Navient CEO Jack Remondi, Warren audited by the Department of Education. The program includes multiple loan types and over 50 different repayment statuses. It is safe to say that the federal student loan program is the most complex consumer loan program in the world.

PROBLEM SOLVED: WHAT YOU CAN DO

IN SOLIDARITY THERE IS POWER, ORGANIZE, TAKE ACTION.

You are not a loan. https://debtcollective.org/

Join the Debt Collective to fight economic exploitation! Here you can dispute your debts, challenge creditors, and join others to organize campaigns, direct actions, and financial disobedience. Together we can build a new economy where no one has to go into debt to meet their basic needs.

  • Dispute Errors on Your Credit Report
  • Dispute Your Wages Being Taken
  • Dispute Any Debt in Collections (except a student loan) that has been sent to collections. Make them prove it! (All debt types except private student loans)

A bailout of the people by the people

Student debt has surpassed $1.5 trillion partly because it is one of the most protected forms of debt by federal law. Student debtors can rarely discharge their loans in bankruptcy and lenders have rights to garnish wages and social security payments. The vast majority of student loans have these federal guarantees. We cannot buy these loans because there is no secondary market. However, we believe it may be possible to buy private tuition debt of some sort that is not guaranteed by the federal government.

 CALL YOUR STATE AG Attorney General

The five states suing Navient — Illinois, Pennsylvania, Washington, California and Mississippi for breaking their laws regarding consumer protection.

A 2017 study by the Government Accountability Office estimates that a typical borrower of a $30,000 student loan who places their loan into forbearance for three years — the maximum allowed for economic-hardship forbearance — would pay an additional $6,742 in interest on that loan.

The largest contributor to student loan defaults, however, is not over-borrowing. It’s not graduating. Despite the perception that student loan defaults are driven by excessive debt, in fact, two-thirds of all defaults are from those who borrowed less than $10,000. Only 4 percent of defaults are from those who borrowed more than $40,000.

Federal watchdog issues scathing report on ed department’s handling of student loans

Betsy Devos  rewarded as Head of the Department of Education  Charter School Business owner after giving  the largest campaign Trump donation.

A critical new report from the

U.S. Department of Education’s Office of Inspector General finds the department’s student loan unit failed to adequately supervise the companies it pays to manage the nation’s trillion-dollar portfolio of federal student loans.

The report also rebukes the department’s office of Federal Student Aid for rarely penalizing companies that failed to follow the rules.

Navient is a publicly traded company. The fewer customer-service agents Navient employs, the more money Navient puts in its pocket. If the Department of Education chose to require all servicers to discuss income-driven repayment plans with all borrowers, the Department of Education needs to redo its contract with Navient.

The department’s own inspector general says student loan companies aren’t following the rules, and that the government isn’t doing enough to hold them accountable.

https://www.npr.org/2019/02/14/694477547/federal-watchdog-issues-scathing-report-on-ed-departments-handling-of-student-lo

Failures by the servicers, among them, not telling borrowers about all of their repayment options, or miscalculating what borrowers should have to pay through an income-driven repayment plan.

According to the review, two loan servicing companies,

Navient and the Pennsylvania Higher Education Assistance Agency, better known as FedLoan, repeatedly placed borrowers into costly forbearance without offering them other, more beneficial options.

SAY NO TO FORBEARANCE
REMEMBER: IT’S A BEAR
THAT WILL EAT YOU FOR LIFE

Instead of safeguarding borrowers’ interests, the report says, FSA’s inconsistent oversight allowed these companies, known as loan servicers, to potentially hurt borrowers and pocket government dollars that should have been refunded because servicers weren’t meeting federal requirements.

“By not holding servicers accountable,” the report says, “FSA could give its servicers the impression that it is not concerned with servicer noncompliance with Federal loan servicing requirements, including protecting borrowers’ rights.”
“It’s hard to look at this as anything other than completely damning,” says Seth Frotman, a consumer advocate and former government, student loan watchdog who is now executive director of the Student Borrower Protection Center.

the “unsophisticated consumer” doesn’t generally understand his or her legal rights.

“This is the most damaging in a long line of investigations, audits, and reports that show the Department of Education is asleep at the switch when it is responsible for over a trillion dollars of student loan debt.”

And remember, the people around Trump (and presumably the person who took the picture) are probably paying customers. Trump benefits personally from their membership dues, and they get access to the president of the United States.

  • Trump International Golf Club in Palm Beach, 2/16/19 omelette bar
  • Millions of borrowers are suffering under the weight of student debt. It’s time to take a stand.
  • Protect yourself from Betsy Devos. These defaults will destroy their credit and jeopardize their financial future. It may even cost them their job.

PROTECT BORROWERS blog It’s Time to Fight Back
By Seth Frotman | November 28, 2018
Seth Frotman is the Executive Director of the Student Borrower Protection Center. He previously served as Assistant Director and Student Loan Ombudsman at the Consumer Financial Protection Bureau, where he led a government-wide effort to crack down on abuses by the student loan industry and protect borrowers.

TAKE DOWN NAVIENT

John Oliver 15 million one-time giveaway in television show history

Corruption and sleaziness in the under-regulated industry were disturbing and grim. At one point, he had footage of a Debt Buyers Association conference that featured panelists sneering at how the “unsophisticated consumer” doesn’t generally understand his or her legal rights.

In what he called “the largest one-time giveaway in television show history,” he forgave some $15 million in medical debt for some 9,000 Texans.

The stunt came at the end of his brilliantly scathing 20-minute takedown of the debt-buying industry.

For $50, he set up a debt-buying company and named it Central Asset Recovery Professionals, or CARP, “after a bottom-feeding fish,” he explained. Then he made himself the chairman of the board, and bought a portfolio of nearly $15 million in debt for $60,000. Rather than ruthlessly harass the people who owed the money — “I could legally have CARP take possession of that debt and have employees start calling people, turning their lives upside down over medical debt” — he said he was forgiving it all.

the five states suing Navient — Illinois, Pennsylvania, Washington, California and Mississippi — say the behavior breaks their laws regarding consumer protection.Navient Corp., the nation’s third-largest student loan servicing company.

MORE ARTICLES

The Department of Justice and the Federal Deposit Insurance Corp. accused Sallie Mae and its loan unit, now called Navient, of intentionally violating the Servicemembers Civil Relief Act by overcharging active-duty troops beginning in 2005

#Mercer revelation in Paradise Papers #ParadisePapers

Leaked documents … show how the billionaire Mercer family built a $60m war chest for conservative causes inside their family foundation by using an offshore investment vehicle to avoid US tax,” The Guardian reports:“The offshore vehicle was part of a network of companies in the Atlantic tax haven of Bermuda led by Robert Mercer, the wealthy hedge-fund executive and Bannon patron whose spending helped put Trump in the White House and aided a resurgence of the Republican right.”

“Mercer, 71, appears as a director of eight Bermuda companies in the Paradise Papers

a trove of millions of leaked documents on offshore finance reviewed by the Guardian, the International Consortium of Investigative Journalists and other partners.”
Paradise Papers

“The files include a copy of Mercer’s US passport and other private data.”

POLITICIANS PASS ANOTHER TAX LOOPHOLE FOR THE .01%

Mercer has personally donated $41m to federal election campaigns over the past decade, according to public filings.

Mercer was  a major investor in Breitbart  rightwing propaganda website that Bannon led before joining Trump’s campaign.

You take retirement plans or foundations, you invest them in a hedge fund, and even if the value rises 100%, you can sell off the investments with no tax consequences. ~ Bill Parish

The Internal Revenue Service (IRS) has been pursuing Renaissance for $6.8bn in federal taxes that it was accused of improperly avoiding through practices described as “abuses” in a 2014 investigation by a Senate committee.

Mercer Family Foundation nonprofit led  daughter Rebekah gave out $62m to conservative  republican “research” propaganda  thinktanks  including the Heritage Foundation, the Federalist Society, and the Media Research Center.

$4.7m to Bannon’s Government Accountability Institute
Bannon founded GAI in Florida in 2012 with Peter Schweizer, the conservative author of Clinton Cash. Since then, the GAI has paid Bannon $379,000 and Schweizer $781,000. Rebekah Mercer was a director of the group until 2014.

$3.8m to the nonprofit arm of Citizens United, best known for the deregulation of political spending it won in a 2010 supreme court ruling.

$1.2m to the Young America’s Foundation, another conservative nonprofit, which paid Bannon more than $577,000 between 2010 and 2012 for filmmaking service

Resources

Secrets of the Global Elite

Offshore leaks database
Find out who’s behind almost 500,000 offshore companies, foundations and trusts from the Panama Papers, the Offshore Leaks and the Bahamas Leaks investigations.

An ICIJ Investigation The Panama Papers:
Exposing the Rogue Offshore Finance Industry

July 4 2015 London is now the global money-laundering centre for the drug trade, says crime expert Gomorrah author Roberto Saviano says ‘the British treat it as not their problem’ ~ James Hanning, David Connett

Individual 1 Trump Organization, Trump Tower Moscow Project

Individual 1 Trump Organization and his Family involved with the Trump Tower Moscow Project

Trump Knew and directed the negotiation during the presidential campaign.

The American population needs to know what happened.

Laurence Tribe: President Donald Trump Can Be Indicted For Federal Crimes

The get out of jail free card.

If no indictment then Trump can be pardoned by Pence and get to keep all the profits!!!

Harvard’s Laurence Tribe: Impeach Donald Trump Now
Constitutional law professor Laurence Tribe explains why it is critically important to put the impeachment process in motion now, before it is too late.

President Donald Trump, Ivanka Deny Special Treatment For Jared Kushner

White House announces Kushner met with Saudi crown prince as Cohen testifies

FEBRUARY 27, 2019
Donald Trump’s senior adviser Jared Kushner met with Saudi Arabia’s crown prince Tuesday in their first face-to-face encounter since the October 2018 murder of journalist Jamal Khashoggi. Crown Prince Mohammed bin Salman, who sources have told CNN the CIA assesses with high confidence ordered Khashoggi’s murder, met Kushner along with his father King Salman
https://www.nytimes.com/2019/02/27/world/middleeast/kushner-Mohammed-bin-Salman.html

House panel demands Kushner clearance details from White House
A Democratic-led congressional panel on Friday demanded that the White House comply with requests for documents and witnesses for a probe into alleged security clearance abuses involving President Donald Trump’s son-in-law Jared Kushner and others.
https://www.reuters.com/article/us-usa-trump-kushner/house-panel-demands-kushner-clearance-details-from-white-house-idUSKCN1QI5CU

I’ll take venal hypocrites for $1,000 please Alex.

William Burroughs calculators and beat generation writers.

William Seward Burroughs I was an American inventor born in Rochester, New York and educated in the public school system. He obtained a job in the Boyer Machine Shop.

He invented a “calculating machine” (first patent filed in 1885) designed to ease the monotony of clerical work. He was a founder of the American Arithmometer Company (1886), which later became the Burroughs Adding Machine Company (1904), then the Burroughs Corporation (1953) and in 1986, merged with Sperry Corporation to form Unisys.

Tammy Werner of Unisys hands the Deed of Gift Agreement to John Alviti, Senior Curator at The Franklin Institute. The machine is given by Gail A. Arrington, on behalf of Unisys Corporation, in memory of Joseph H. Arrington.The Franklin Institute shows Burroughs Adding Machine

Grandfather of Beat Generation writer William S. Burroughs and great-grandfather of William S. Burroughs, Jr., who was also a writer.

William Burroughts Nike CM The purpose of technology is not to confuse but to serve

 

 

Beat luminaries Allen Ginsberg and Jack Kerouac, influenced generations of disillusioned outcasts, hippies and punks alike.

1953 semi-autobiographical novel, Junkie: Confessions of an Unredeemed Drug Addict William S. Burroughs
“They lounged around Singapore and Rangoon smoking opium in a yellow pongee suit,” wrote Burroughs in a 1985 essay. “They sniffed cocaine in Mayfair and they penetrated forbidden swamps with a faithful native boy and lived in the native quarter of Tangier smoking hashish and languidly caressing a pet gazelle.”
The Beat writer spent nearly two decades as a heroin addict, traveling the world on his parents’ dime while filling notebooks with what would become his controversial 1959 masterpiece, Naked Lunch, in which Burroughs ripped apart the conventions of linear narrative and dared to write openly — disturbingly so, at times — about his fantasies and homosexuality. Burroughs’ family money and legal connections allowed him to avoid a two-year prison term for manslaughter after killing his  common-law wife, Joan Vollmer.

William S. Burroughs, Jr., died in 1981, at the age of 33, from alcoholism and liver failure.  On September 6, 1951, Billy’s father accidentally shot and killed his mother in a drunken game of ‘William Tell’ in Mexico City. In chapter three of his second novel, Kentucky Ham, Burroughs relates his memory of the day his mother was shot dead, as well as the following reunion with his father after he was freed from a Mexico City prison. While his father stayed in Mexico, Billy went to live with his paternal grandparents – Mortimer and Laura Lee Burroughs, in St. Louis, Missouri.

Blue Oyster Cult Session in late  1976 with a session with famed producer Bruce Dickinson

More Cowbell

Bruce Dickinson “Heavy Metal was a term coined by a journalist actually, and I think it’s from William R. Bourrrough’s novel but that’s a minor detail.” more

What do they mean when people say Capitalist or they say Socialist?

What do they mean when People say he/she is a Capitalist or he/she is a Socialist?

Capitalism is about being able to make as much money as you can legally. Billionaires, the .01% got there because of generational untaxed wealth, they also hid their money in offshore tax havens.

ICIJ’s investigations

Hidden in 11.5 million secret files are 140 politicians from more than 50 countries connected to offshore companies in 21 tax havens.

SUPPORT ICIJ
ICIJ’s investigations are supported by readers like you. If you believe journalism can help bring about positive change, join our ICIJ Insiders community by contributing $3 per month – or more!

Corporate Monopolies

#Amazon, #facebook, #Google, #Snapchat, #Instagram

got there through paying off the politicians who allowed antitrust law to atrophy.  Antitrust Law has not kept up with technology in 2020.

 

The politicians who equate Freedom with capitalism that supports monopolies are not taking care of the needs of America and democracy. They are voting their own business interests before that of welfare of 99% of the country.

United States Falls Deeper Into Corrupt Nation Status By Pam Martens: January 29, 2019
The U.S. is no longer in the top 10, or even the top 20, of least corrupt nations. Transparency International’s Corruption Perceptions Index for 2018 was released today and the United States has fallen four points deeper into corruption than last year. The U.S. now ranks below Luxembourg, Estonia and France, coming in at number 22 on the chart. In the Americas region, only Canada came in among the top 10 least corrupt nations, earning a number 9 ranking. (View the full list here.) Zoe Reiter, Acting Representative to the U.S. at Transparency International said this about the report: “A four point drop in the CPI score is a red flag and comes at a time when the US is experiencing threats to its system of checks and balances, as well as an erosion of ethical norms at the highest levels of power. If this trend continues, it would indicate a serious corruption problem in a country that has taken a lead on the issue globally. This is a bipartisan issue that requires a bipartisan solution.”

 

Senator Bernie Sanders Should Be Taken Very Seriously as a Presidential Candidate
By Pam Martens: February 21, 2019 ~

On Tuesday, Senator Bernie Sanders of Vermont declared his candidacy to seek the Democratic nomination for President of the United States.

Wall Street On Paradeendorsed Senator Sanders over Hillary Clinton in 2016because Clinton was effectively running as Wall Street’s candidate and as Obama’s third term. Unfortunately, eight years of Obama had produced zero criminal prosecutions of the executives of the largest Wall Street banks who had brought the country to its knees as they grew obscenely rich from corrupt, cartel behavior at their banks. Obama also seriously misinformed the American people about how little had changed in terms of reining in the risks on Wall Street. Obama also refused to provide a bully pulpit for breaking up the dangerous Wall Street banks by restoring the Glass-Steagall Act.

Bernie Sanders explains Democratic Socialism

GOP Pence attacks ‘socialism’

Mike Pence Secures the No Law Zone Around Wall Street By Pam Martens and Russ Martens: October 25, 2017 Millions of Americans have quietly been pondering for months what a President Mike Pence would be like should Donald Trump be impeached or resign. Yesterday they found out and it’s not a pretty picture. After the U.S. Senate tied 50-50 on a vote yesterday, Vice President Mike Pence cast the deciding vote to keep the nation’s courthouse doors closed to the customers of the Too-Big-to-Fail banks on Wall Street – effectively strengthening the no law zone that already exists for these banks. The vote came about as a result of the Consumer Financial Protection Bureau (CFPB) issuing its final rule in July which would allow consumers who have been defrauded in financial transactions involving credit cards and bank accounts to have access to file a group action (known legally as a “class action”) using the nation’s courts.

Senator Bernie Sanders’ Banking Bill and the Kavanaugh Confirmation By Pam Martens and Russ Martens: October 8, 2018

Last week when Senator Bernie Sanders introduced a new banking bill to break up the mega banks on Wall Street, he had this to say: “In our nation today, we are moving toward an oligarchic form of society where a small number of very wealthy individuals and large corporations have enormous control over our economic and political life. Today, we are in a country where three people, three of the wealthiest people, own more wealth than the bottom half of American society and 52 percent of all new income is going to the top 1 percent.” Sanders made this statement on October 3.

Just three days later, on October 6, a thoroughly discredited nominee for the U.S. Supreme Court, Brett Kavanaugh, who had the financial backing of a front group funded by billionaires Charles and David Koch, Americans for Prosperity, was installed on the U.S. Supreme Court. This marked a new milestone for the oligarchs. There was no longer any need to mount even a pretense of representative government. Kavanaugh’s confirmation was opposed by 2400 law professors from a wide array of universities; the National Council of Churches, which represents 100,000 congregations and over 40 million individuals; former Supreme Court Justice John Paul Stevens; and tens of thousands of Americans who protested in cities across the U.S.

In 2019, Wall Street Banks Will Determine the Future of America By Pam Martens: January 2, 2019

In short, Americans have gotten both the stock market and the government they deserve for failing to meaningfully reform both following the epic 2008 financial crash which pointed so clearly to unprecedented corruption on Wall Street and within the corridors of power in Washington.

Americans’ failure to demand real reform of what Senator Bernie Sanders has correctly called a business model of fraud on Wall Street means that those same behemoth Wall Street banks that crashed the financial system in 2008 are even more dangerous today. For its part, the Trump administration has become a willing enabler to Wall Street’s financial hubris by putting its former lawyer, Jay Clayton, in charge of the Securities and Exchange Commission and a former foreclosure king, Steven Mnuchin, in charge of the U.S. Treasury and the Financial Stability Oversight Council.

Wall Street banks have now grown so massive and interconnected that they are in a position to determine the very future of this nation. The big banks’ share prices are signaling that the day of reckoning is coming in 2019.

Wall Street Banks Are Trading in Their Own Company’s Stock: How Is This Legal? By Pam Martens and Russ Martens: February 15, 2017

House Oversight Committee

Google / YouTube refuse to police accounts of Pedophiles that Swarm of innocent children

Google / Youtube  MONOPLY

Google  owns YouTube

refuses to police accounts of Pedophiles that Swarm of innocent children with lewd or sexual comments. they just sell advertising no matter what.

They want the public to “Flag” what is nasty.

THAT IS NOT OUR JOB

THAT IS GOOGLE’S

New York Times found that disturbing content was showing up in YouTube’s children’s app, which is meant for users under 13.

Youtube Videos make money with advertisers. Videos targeted by pedophiles do not violate YouTube’s rules  became overrun with suggestive remarks directed at the children.

Many of the advertisers identified in the video  Epic Games, GNC and Nestlé’s companies in the United States, Walt Disney Company.

Advertisers like Nestle run ads on on these videos

Nestle Pays Only $524 To Extract 27,000,000 Gallons Of California Drinking Water

<a class="moz-txt-link-freetext" href="https://www.youtube.com/watch?v=O13G5A5w5P0">https://www.youtube.com/watch?v=O13G5A5w5P0</a>

The video highlighting the comments, posted by the YouTube creator Matt Watson (also known as MattsWhatItIs) and viewed 1.75 million times since it went up on Sunday, accused YouTube of “facilitating the sexual exploitation” of children.
Mr. Watson said YouTube’s recommendation system also guided predators to other similar videos of minors — many of which carry advertisements for major brands.