/biz/ - Business & Finance

>>18796782
gonna backfire since all of his supporters will wind up paying the price

what, republicans don't shop amazon? How do you think Bezos got so rich?

>>18796782
You have been reported to the SEC. You are spreading false information which is leading to inflated stock prices. You will spend time in a federal prison. I reported you, and the SEC will be tracing your ISP and you will be prosecuted.

>>18796782
Amazon barely made any profits in the end of the last decade. It doesn't get tax benefits, it just is barely taxable.

jeff bezos is a faggot dork, possibly even faggier than bill gates.

but mark "the kike" aka "please name my daughter, xi" zuckerberg will always be the gayest billionaire.

>>18796804
I have never shop shit from lex Luthor and I never will I found a Amazon gift card with 20 bucks that been sitting in my account for over a year and I don't know if I'll ever use it.
Amazon is over price Chinese shit from ally Express fucking boomers don't know how to shop online that's why they keep buying trash from Bezos, he makes them feel safe

>>18796782
I wonder when the right time to load up on puts is? I assume there's no way to know in advance when these increases in postage would come into effect, if ever.

>>18796842
>fucking boomers don't know how to shop online that's why they keep buying trash from Bezos, he makes them feel safe
yes, exactly

that's most of trump's base right there. And they're on a fixed fucking income so having their wine of the month club or whatever double in shipping costs is going to make them fucking mad. It's like Trump wants to lose.

>>18796804
Bezos is stealing from tax payers. He has a trillion dollar business and he is stealing $5 a package. I'm not sure in what world this is acceptable.

I'm sure you want to sit around and suck billionaire cock and give him tax payer money, but i don't

>>18796844
Trump talked on Monday (i think) about finding a suitable replacement for the current postmaster General. He said that they have narrowed it down to a few. It won't be long before a new Post Master is appointed, and he will immediately charge them full rate. I imagine a week or two.

>>18796921
You're absolutely right, and so is Trump.

But do you honestly think his uneducated boomer votes are going to remember that when their amazon crap doubles in price?

>>18796782
one of the most based men in the entire US history

>>18796921
>wahhh he's paying to use the same service everybody else is he's STEALING
?????

>>18796952
Amazon won't exist in 18 months. You can mark that on your calander. Their goal is to put every other business - out of business. They now sell prescription meds, medical shit, cars and making houses soon.

>>18796969
The US post office loses $2 - $6 on every Amazon package. about 8x more than the average lose for any customer. I thought you communists hated Capitalists? Now you are sucking billionaire cock?

>>18796969
He is by far the largest beneficiary of the service currently.

But the president forgets his base is mostly suburban and rural whites that benefit from amazon more than the libs do. Also most of them have amazon shares in their retirement account.

it's just a very weird thing for Trump to dwell on, but it's motivated by his political dislike for Bezos so maybe he'll injure himself to try to hurt Bezos.

>>18797004
If trump does this, it's literally stealing from amazon. Don't touch the corporations you commie freaks

>>18797004
>Amazon won't exist in 18 months
I agree. Democrats are famous for destroying monopolies, and Trump seems to have a strong liberal streak when it suits him. So Amazon loses either way the election goes.

But if Trump kills it he kills much of his support.

>>18796944
>>18797004
https://www.youtube.com/watch?v=6UjnR1rdUTU

>Trump says Postal Service must make major changes, charge Amazon more in order to get $10B loan

A new postmaster general will certainly have an impact on their stock price, but I'm having difficulty finding anything regarding a shortlist or announcements. You guys wanna help me dig?

>>18797013
Amazon is selling cars and plan to make and sell literally everything in the planet. They have plans to get people to sign contracts for

>amazon house
>amazon phone/data plan
>amazon food delivery
>amazon vehicle sharing plan

if you sigh the contract, you get a cheap amazon house and all that. it is literally the definition of a monopoly.

>>18797030
Yes, that's exactly why Biden and Pelosi would love to take it apart.

Why Trump is so eager is a whole different story.

>>18796782
This only means the cost of goods increase. Why can’t anyone realize when you raise rates on corporations they just bake it into their cost of goods or services? Forcing them to squeeze their margins down will never work, and actually does this economy a disservice as there are less jobs created. Sure amazon is an “evil” corporation but nobody is forcing you to work, or shop there. Fucking commies on this board

>>18797035
WaPo. And Amazon is literally destroying small businesses around the country. It's not healthy for the country.

Pretty cool that /biz/ will stop licking boots and turn on billionaires if Cheat-o doesn't like them.

>>18797045

So you support giving Amazon tax payer money for each package? In no world is that acceptable.

>>18797048
>WaPo. And Amazon is literally destroying small businesses around the country. It's not healthy for the country.
True, but we didn't destroy Walmart for exactly the same crime, so it's hard to argue we should punish amazon.

not that raising rates would punish amazon, since all their competition is shipping stuff too.

>>18797051
>begging the government to crush things you don't like isn't bootlicking
trumples and communists are two sides of the same pathetic soicoin

>>18797051
Billionaire hating commies are tourists

>>18796921
What do you mean- stealing $5 a package.. What the fuck are you raving about?

>>18796921
>Bezos is stealing from tax payers
>“Amazon pays all the taxes we are required to pay in the U.S. and every country where we operate, including paying $2.6 billion in corporate tax and reporting $3.4 billion in tax expense over the last three years.”

https://www.cnbc.com/2019/04/03/why-amazon-paid-no-federal-income-tax.html

>>18796952
Trump is literally the first president to not take a paycheck you mongoloid

>>18797105
USPS rates are artificially low. They lose money shipping packages and the taxpayer picks up the tab. So places like ebay and amazon and Walmart online are benefitting from taxpayer subsidies.

what he doesn't get is that the people who shop on those sites are benefitting equally.

>>18797074

In any case, Congress is likely to get involved once corona ends and the economy recovers. Amazon is also trying to do banking and everything else under the sun.

I don't see a scenario where Congress, the DOJ or SEC lets them continue.

>>18797105

>it costs the Post office $7 to deliver a particular package.
>amazon only pays $2

that means the tax payer is giving Amazon $5.

>>18797136
what does that have to do with his supporter's amazon bill?

>>18797149
>I don't see a scenario where Congress, the DOJ or SEC lets them continue.
I believe almost all democrats would support taking them down.

>>18797154
Do you imagine that the Average Trump supporter gives a fuck about Amazon? Think about it anon. I live in a small town in Arizona where local business is king. No one here likes Amazon or Google. Think before speak.

>>18797174
>Do you imagine that the Average Trump supporter gives a fuck about Amazon?
Yes.
I think most of amazons supporters voted Trump, and most of Trump's supporters use amazon.

>>18797190

You are mistaken if you think his supporters give a fuck about the world's biggest retailer and their cheap garbage. nearly all of them will cheer.

>>18796782
Holy shit.

Trump is Nazbol gang confirmed

>>18797201
time will tell I guess. But amazon's customer demographic overlaps trump's base almost exactly. He might as well be going after Walmart or churches or retirement homes.

>>18796782
WHAT IS THAT BUY PUTS?

>>18796782
>re-election

lol. I'm aussie, and yeah, our country has pulled off some classic retard elections in the last decade...

but your population is really going to reelect him once the 'disinfectant donald' commercials start airing come September?

which they will

>>18797245
we might

Biden is an even weaker candidate than Hillary was

>>18797251

Yeah fully agree

But Hillary didn't have the context of a pendemic or a previous term which was pretty munted, outside looking in

If he's smart (which I don't doubt, he's in the fucking white house), he'll start ramping up conflict with iran/china

But Joe also ain't dumb

>>18796782
Bezos saved my favorite show The Expanse he gets a pass

>>18797268
>pendemic

sigh time for my crucifixion lel

>>18797268
Trump is the only President to stand up to China in the past 40 years. China was fucking us and stealing all of our intellectual property. People get mad that Trump stands up against China for some reason. They let their personal hatred of Trump cloud their vision.

>>18797268
It's going to be close, whoever wins it. And America is going to eat another turd sandwich either way.

If it goes like Bush in 2008 then Trump will lose in a landslide especially if he starts a war. But we don't just have economic collapse this time around. So it's hard to call. Hard to say what will happen in the next few months.

>>18796842
>he makes them feel safe
It's not a feeling it's a fucking fact. I've had products die and Amazon just refund me the entire purchase price no questions asked.

>>18796782
he will go all in crypto

>>18797305
Liberals now love mega corporations because Trump attacks them lol.

>>18797293
>People get mad that Trump stands up against China for some reason.
nobody got mad about that.

they got mad because they wound up paying china's tariffs, just like they're going to get mad when they wind up paying Bezos' postage.

>>18797332
good plan. lets keep giving tax payer money to China and Amazon. Let's let China just run our country while we are at it. They already run out Universities

>>18797343
Like I said, I agree with Trump. On both counts. Most democrats do.

He's just not smart enough to understand why his moves will piss his base off. But I'm glad someone's finally doing it, and it might as well be him taking the political hit.

>>18797004
>capitalism is only good when people don't make TOO much money
You need to go back.

>>18797361
>we should fund trillion dollar corporations with tax payer money
>this will strengthen our country and it's what the founding fathers had in mind

you would be shot during the time of the revolutionary war for even suggesting taxes.

>>18797154
What the fuck does Trump have to do with Amazon

>>18797174
The average Trump supporter probably has 10X the wealth of you because 50% of them live in Texas. The greatest most prosperous state in the country

>>18797435
did you read the OP?
just read the OP.
Maybe then this thread will make some sense to you.

>>18796804

Naw they shop in country stores next to dirt road main streets in the local stown of 60-700-ish in the woods and mountains.

>>18797448
all those stores are gone

amazon and Walmart killed them

>>18797074
>True, but we didn't destroy Walmart for exactly the same crime, so it's hard to argue we should punish amazon.
>You didn't shoot your rapist the first time, why do you want a gun now?

>>18796782
>gay alien skull faggot vs total all around chad
I wonder who wins

>>18797546
>You didn't shoot your rapist the first time, why do you want a gun now?
Democrats have been saying we should take down Walmart for decades now.

it's just a bit funny that Trump will do it and is stupid enough to think he's only taking down Amazon and not every other person or business that ships stuff by mail in the US, including walmart.

>>18797133
ok now post how much they receive in subsidies via the postal service

>>18797560
My Money is in Big Orange bashing in the reptiles’ skull

>>18796782
Tramp is absolutely seething at this self-made, richer-than-he-could-ever-be man.

>>18796782
Nervos fixes this.

>>18797021
Fuck off Jeff, we want to see you sucking dick on skid row for a fucking crack hit, you're reign of terror is over no more bankrupting and destroying small business funneling their profits with government assistance your criminal enterprise days are over faggot

>>18797229
He comes to a business board and doesn't even know how to short a company
Go study new fag

>>18797652
The next spam

>>18797548
Is this why he says 100% of revenue is to go to "coronavirus response"? To get amazon to dump and buy back in lower?

>>18797664
BASED

>>18796804
Bought a book from Amazon in 2006. That was all business O ever did or plan on doing with amajew

>>18798475
I think I bought a book there a decade ago. I don't personally use it.

but we clearly aren't most americans. Most americans seem to use it daily.

>>18798505
The issue with amajew is, as it is with many companies, that they double dip on public services they don't pay for. Especially as a libertarian I'm all in cutting tax payer subsidies in any form for businesses that don't exclusively operate in the US. You sell shit or buy shit abroad, you pay 50% flat tax, and are not allowed to use public services.

>big government encroaching on business

Remember: communism is only ok if Trump does it.

if amazon takes a major dip, the stock market will crash

>>18796782
There was a thread on /biz/ a few weeks ago about how Amazon actually costs post service money, that's no way to run a business.
>>18797168
I doubt that considering Bezos is a major donor.

>>18796782
Ok cool

>>18796804
Don't worry they can afford a tiny squeeze given how much they sucked off the government teet and if it's really a problem the Republicans won't let anything happen to Amazon

>>18797013
>that benefit from amazon more than the libs do.
Lmao?

>>18799383
>Oh no not regulations
We would unironically be better off if Amazon was nationalized and stopped flooding every town with a distribution center with infinite migrants

>>18797174
>I live in a small town in Arizona
yes, and I'l bet you wander round the middle of Bumsfuckville, AZ for three hours everytime you want to pay $26.99 for a USB cable as well. The problem with Trump in general, he has little to no grasp of consequence, Pic Related

>>18797548
He does that regularly. Something something SEC something...

>>18800383
>Dear SEC, Mr Jeffery Bezos earned himself minus seven hundred sixty million dollars compared to price now by selling his shares in his company earlier this year and I wish to complain

>>18796804
I've been buying more from Target lately. Really good prices and shipping is just as competitive