There is a basic premise behind reporting .vs. editorializing — one is allegedly unbiased, although we all have our personal prejudices while the other is labeled opinion (it’s found on the opinion page and is disclosed as such.)
Jeff Bezos bought the Washington Post, it is now clear, in order to effect a public lobbying strategy much larger than that which Hastings “organized” and led to a five times increase in his firm’s stock price revolving around net neutrality.
That latter event occurred after ISPs, properly recognizing that he was effectively driving semi trucks over the roads built for cars and refusing to pay higher fuel taxes and license plate fees for same, or, if you prefer, opening up a 2″ water connection to a 6″ main and demanding not to be charged by the gallon, resulting in you having no water pressure, started pushing back and demanding that Netflix cover the outsized costs being imposed on said ISPs to prevent service-quality collapses to everyone, including those who didn’t want his service.
In response Hastings got a bunch of left-aligned media to whip the public into a froth and Obama’s FCC obliged by handing him tens of billions of dollars of money literally forced out of non-subscriber’s wallets.
Amazon engages in cross-subsidization of its product sales (on which he makes no profit, particularly when fulfillment along with G&A are included) with other sales, particularly in AWS, where he does. This now includes government sales of AWS which means you’re being forced to subsidize Jeff Bezos’ destruction of retailers all across the United States at literal gunpoint, along with all the jobs that go when those retailers are forced out of business.
This post was published at Market-Ticker on 2017-11-24.