Racketeering: America’s Business Model

Let’s face reality folks: In an honest society Amazon would be literally out of the media business this morning, and their stock price would crash by half.
Why? Because Rose McGowan, one of many women who have accused Weinstein of sexual assault, also claims that Amazon optioned a series from her and then killed it when she discovered they were effectively covering up the Weinstein scandal and demanded they cut that crap out.
In other words she is accusing Amazon and Jeff Bezos, it’s CEO, of intentionally enabling Weinstein’s continued abuse of women and children and financially damaging her when she pushed back on their covering up allegations of criminal sexual assault.
May I remind you that central to Amazon’s business model is Prime Video original shows?
Of course Amazon isn’t the only firm that would be hacked to death in the market this morning if anyone gave a damn. A huge percentage of media studios and affiliated firms would be literal zeros.
Look folks, everyone is entitled to the presumption of innocence, but can we cut the crap? You have already demonstrated over the last 30 years that you will sit still while the entire medical industry buttrapes you to within an inch of your life on a daily basis, stealing $3 trillion a year from consumers through their price-fixing. It’s not just the big stuff, it’s the little stuff too, like advertising a $15 price and then charging someone $25. Worse, it’s not posting a price at all and then charging someone five times that $15 after you already took their order and they’re obligated to pay. It’s charging someone $800 for 20 minutes of a doctor’s time, again, only after the person in question is committed to pay because the service was already performed.

This post was published at Market-Ticker on 2017-10-13.