Wednesday 20th of February 2019

snookering himself...

rich

Amazon boss Jeff Bezos, who led the tech giant as it cozied up with US authorities to develop surveillance tools, is now complaining that his privacy has been violated.

Bezos revealed he was blackmailed by the National Enquirer, which threatened to leak his nudes. The threat came in retaliation for unfavorable coverage in the Bezos-owned Washington Post, according to the messages.

The affair prompted speculation that the alleged blackmail – and the whole ongoing spat between Bezos and the Enquirer – might have been “politically motivated” and that a certain “government entity”might have been involved.

Surely, leaking one’s nudes – or merely threatening to do so – is disgraceful, yet Bezos who is moaning about invasion of his privacy has been at the forefront of developing surveillance technologies – from facial recognition to cloud-service databases for the US intelligence agencies.

“There’s real irony in this if he’s been caught hoisted on his petard as we say. Bezos and his organization have a very tight link with the NSA – the National Security Agency – and has been helping them with their surveillance techniques,” RT has been told.

RT’s Donald Courter looks at the whole Bezos nudes affair.

https://www.rt.com/news/451216-bezos-nudes-scandal-irony/

absolving the robber barons...

 

Capitalism in America: A History, Alan Greenspan and Adrian Wooldridge, Penguin Press, 496 pages

“I hear America singing…the United States is the greatest poem” — Walt Whitman

It’s not often that I read a book, mark it up on every page, and listen to the audio recordingto boot. Capitalism in America is a delightful romp through the 400-year economic life of America from agricultural giant to industrial juggernaut to information/technology revolutionary. Stories and statistics sparkle on every page.

But the book is more than a history. It is a policy guide to make sure capitalism in America flourishes like never before.

...

Even the tycoons of the Gilded Age, known as the “robber barons,” are largely applauded: “For the most part…these businesspeople were neither ‘robbers’ nor ‘barons.’” Vanderbilt, Carnegie, and Rockefeller didn’t inherit wealth, but came from humble circumstances. In their chapter “The Age of Giants,” the authors declare, “The titans prospered by exploiting economies of scale rather than by price gouging. They prospered by creating markets…with ever-cheaper products.”

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What is forgotten in this analysis of the book by Alan greenspan — the fellow who sweet-talked presidents when the GFC was looming large  — by Mark Skousen (a Presidential Fellow at Chapman University, recently awarded the Triple Crown in Economics) is that WAR AND THE ENDLESS PLUNDER OF THE MIDDLE EAST (and other countries) plus the exclusivity of the DOLLAR (Annuit coeptis [meaning "favours our undertakings"] and Novus ordo seclorum [meaning "new order of the ages"]) through the (PRIVATE) Fed Bank, funded a lot of this "prosperity".

At this stage we cannot leave aside the then new sermons on the mount of consumerism: ADVERTISING — in which our Mr Gundlach was an expert at, including satirising his own trade.

investing in tax deductible merry-go-rounds...

Amazon, the e-commerce giant helmed by the world's richest man, paid no federal taxes on profit of $11.2 billion last year, according to an analysis of the company's corporate filings by the Institute for Taxation and Economic Policy (ITEP).

Thanks to a variety of tax credits and a significant tax break available on pay handed out in the form of company stock, Amazon actually received a federal tax rebate of $129 million last year, giving it an effective federal tax rate of roughly -1 percent.

It is the second year in a row the company has enjoyed a negative federal tax rate on a multibillion dollar profit. That would place the company's effective federal tax rate below the rate paid by the poorest 20 percent of American households, which had an effective federal tax rate of 1.5 percent in 2015, according to the Tax Policy Center.

"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," said an Amazon spokeswoman, Jodi Seth, in a statement. "We have invested more than $160 billion in the U.S. since 2011, building a network of more than 125 fulfillment and sortation centers, air hubs and delivery stations as well as cloud-computing infrastructure and wind and solar farms."

Amazon founder Jeff Bezos owns The Washington Post.

 

Read more:

https://www.stripes.com/news/us/amazon-paid-no-federal-taxes-on-11-2-bil...

 

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the lazy way...

As you know, Aussie Telcos have to keep your records of your transmission of insane emails, naked pics, tricks to con old ladies to give up their cash and your boring e-conversations for at least two years for the government to study the stuff you drop in your toilet bowl in detail. 

Overall this could seem like hard work. Fear not. Not only the Telcos can easily keep the record of your outgoing and incoming emails, they can also record YOUR DRAFTS. How do they do that? Simple. Instead of the old protocols that used to work well in doing "secrecy", they have created a new "protocol" between their storage and your computer. Whatever you do, the new protocol steals from your desktop "secretly". No need for anyone watching — it's done automatically. 

 

I won't tell you how to bypass this abomination (this would reveal the loopholes), but it's possible... Find your own way. Good luck.

 

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