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Thread: Amazon To Buy Whole Foods Market For $13.7 Billion

  1. #1

    Default Amazon To Buy Whole Foods Market For $13.7 Billion

    https://news.slashdot.org/story/17/0...or-137-billion

    Amazon said Friday it would buy Whole Foods Market for $13.7 billion as the giant internet retailer makes a deeper push into the grocery space. From a report:

    Amazon has dabbled in brick-and-mortar operations, experimenting with a bookstore that opened in New York last month and plans to open "no-checkout" convenience stores. But the Whole Foods acquisition represents a dramatic departure from its early business model founded on online retailing and related technology. Grocery retail is a notoriously thin-profit-margin business. And Whole Foods -- often derided as "Whole Paycheck" -- has struggled in recent years to keep up with emerging competitors that are expanding nationwide with cheaper items. Traditional grocery stores have also widened their organic food selections in hopes of retaining customers who are increasingly looking to eat healthily.
    But that is only HALF of the story:

    Amazon Granted a Patent That Prevents In-Store Shoppers From Online Price Checking
    https://yro.slashdot.org/story/17/06...price-checking

    Amazon's long been a go-to for people to online price compare while shopping at brick-and-mortars. Now, a new patent granted to the company could prevent people from doing just that inside Amazon's own stores. The patent, titled "Physical Store Online Shopping Control," details a mechanism where a retailer can intercept network requests like URLs and search terms that happen on its in-store Wi-Fi, then act upon them in various ways. The document details in great length how a retailer like Amazon would use this information to its benefit. If, for example, the retailer sees you're trying to access a competitor's website to price check an item, it could compare the requested content to what's offered in-store and then send price comparison information or a coupon to your browser instead. Or it could suggest a complementary item, or even block content outright. Amazon's patent also lets the retailer know your physical whereabouts, saying, "the location may be triangulated utilizing information received from a multitude of wireless access points." The retailer can then use this information to try and upsell you on items in your immediate area or direct a sales representative to your location.
    I guess Whole Paycheck will continue to have very high prices?

    ---

    Edit: Added relevant story

    Amazon Says It Won't Replace Whole Foods Cashiers With Computers... Yet
    https://hardware.slashdot.org/story/...-computers-yet

    Amazon said it has no current plans to automate the jobs of cashiers in Whole Foods stores after it finishes acquiring the grocery chain. It also isn't planning any layoffs, according to a spokesperson. There is some speculation, however, that Amazon may change its plans and use new technology inside of Whole Foods locations.

    Commenting on Amazon's announcement from earlier today, LinkedIn CEO Jeff Weiner said, "Only one company on earth can buy grocery chain, be rumored to buy enterprise software company & in both cases be lauded for strategic vision."
    Last edited by DamianTV; 06-18-2017 at 11:14 AM.
    1776 > 1984

    The FAILURE of the United States Government to operate and maintian an
    Honest Money System , which frees the ordinary man from the clutches of the money manipulators, is the single largest contributing factor to the World's current Economic Crisis.

    The Elimination of Privacy is the Architecture of Genocide

    You are Ron Paul's Media!

    Quote Originally Posted by Zippyjuan View Post
    Our central bank is not privately owned.



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  3. #2

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    Quote Originally Posted by DamianTV View Post



    I guess Whole Paycheck will continue to have very high prices?

    Not with a Whole Foods Prime membership.

  4. #3

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    Quote Originally Posted by tommyrp12 View Post
    Not with a Whole Foods Prime membership.
    LMAO... +rep
    There are only two things we should fight for. One is the defense of our homes and the other is the Bill of Rights. War for any other reason is simply a racket.
    -Major General Smedley Butler, USMC,
    Two-Time Congressional Medal of Honor Winner
    Author of, War is a Racket!

    It is not that I am mad, it is only that my head is different from yours.
    - Diogenes of Sinope

  5. #4

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    Quote Originally Posted by DamianTV View Post
    https://news.slashdot.org/story/17/0...or-137-billion



    But that is only HALF of the story:

    Amazon Granted a Patent That Prevents In-Store Shoppers From Online Price Checking
    https://yro.slashdot.org/story/17/06...price-checking



    I guess Whole Paycheck will continue to have very high prices?
    This does not bode well for the future.

    Amazon already has fully automated grocery stores in testing phase, no employees necessary. I wonder what they will turn Whole Foods into....
    There are only two things we should fight for. One is the defense of our homes and the other is the Bill of Rights. War for any other reason is simply a racket.
    -Major General Smedley Butler, USMC,
    Two-Time Congressional Medal of Honor Winner
    Author of, War is a Racket!

    It is not that I am mad, it is only that my head is different from yours.
    - Diogenes of Sinope

  6. #5

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    Amazon bought IMDb and now there are no messageboards. I guess it was harder to sell ads for a movie when real people were complaining that it was crap.

  7. #6

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    I hope John Mackey made out well. I like him.
    The rebel of the 21st Century will be old-fashioned.

    No enemies to the right

  8. #7

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    Interesting news.
    Especially considering this news that came out just 2 days ago
    http://www.bizjournals.com/austin/ne...trying-to.html

    excerpts:
    In mid-April Whole Foods Market Inc.'s John Mackey was getting off the plane in New York City to speak at a Goldman Sachs Group Inc. event when he was bombarded with text message alerting him to the sizable stake activist hedge fund Jana Partners LLC had acquired in his company— and its push to shake up its operations or consider a sale.
    --
    Other quick takeaways from the extensive story:
    ▪Mackey and his public relations team pulled out of multiple media engagements after Jana disclosed its stake, including with CBS This Morning. He was just about to embark on a nationwide promotional tour for his latest book, "The Whole Foods Diet." Mackey thinks the timing was intentional: "They hijacked my book tour," he told Texas Monthly. "It’s not that I think that they were trying to harm the book tour. It’s just like, ‘Okay, the CEO is going to be distracted. He’s not going to be able to give full attention to this.’"
    ▪Mackey thinks there's widespread distrust with how many big corporations operate: "It’s the idea that business is about a bunch of greedy bastards running around exploiting people, screwing their customers, taking advantage of their employees, dumping their toxic waste in the environment, acting like sociopaths."
    ▪Mackey didn't directly answer Texas Monthly's Tom Foster when he asked if Whole Foods is considering going private. Foster contrasts the company's fortune with that of tech giant Dell, which Michael Dell took private in 2013 after a protracted battle with activist investor Carl Icahn. In any case, analysts don't put much stock into the idea of a private buyout.
    So he was forced into this, I wonder if he did it just spite the plans the jana partners. Plus he gets to stay in control as CEO of WF this way.

  9. #8

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    Quote Originally Posted by jllundqu View Post
    This does not bode well for the future.

    Amazon already has fully automated grocery stores in testing phase, no employees necessary. I wonder what they will turn Whole Foods into....
    No employees? Really? Are you sure it isn't just fewer?

    What's wrong with a grocery store that has fewer employees?
    "He's talkin' to his gut like it's a person!!" -me
    "dumpster diving isn't professional." - angelatc


    "Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul

    "Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."

  10. #9

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    Quote Originally Posted by dannno View Post
    No employees? Really? Are you sure it isn't just fewer?

    What's wrong with a grocery store that has fewer employees?
    Their plan would only work in rich neighborhoods with high levels of people with smart phones and their app. (put something back in the wrong place and it probably charges you).

    "The only thing we have to fear is.... fear itself!" Franklin Delano Roosevelt.
    "Be afwaid. Be berry afwaid" Donald Trump.

    The optimists built this country and made it great- not the fearful. Fear can only destroy.

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  11. #10

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    Quote Originally Posted by Zippyjuan View Post
    Their plan would only work in rich neighborhoods with high levels of people with smart phones and their app. (put something back in the wrong place and it probably charges you).
    On what planet is it only people in rich neighborhoods that have high levels of people with smart phones
    "He's talkin' to his gut like it's a person!!" -me
    "dumpster diving isn't professional." - angelatc


    "Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul

    "Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."

  12. #11

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    One of the CNBC options analysts (around 1pm ET) exposed blatant insider trading around this acquisition today on television!

    --------------------------

    Pumping a barely-profitable company full of Fed funny money through the debt markets so it can buy up whatever it wants? What possibly could go wrong?

    Last edited by devil21; 06-16-2017 at 08:10 PM.
    "Let it not be said that we did nothing." - Ron Paul

    The entire internet is the domain of paid shills and bots. If you don't know this by now....

    Israel, under control of the Crown and, ultimately, the Vatican, own the USA. If you don't know this by now....

    Talk to people about liberty. You won't find it on websites, you won't find it in politicians.

    Visiting the Outer Banks of NC?
    Outer Banks Fishing Boat Rentals

  13. #12

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    Quote Originally Posted by DamianTV View Post
    https://news.slashdot.org/story/17/0...or-137-billion


    Amazon Granted a Patent That Prevents In-Store Shoppers From Online Price Checking
    https://yro.slashdot.org/story/17/06...price-checking
    And that's why I use a VPN. Can't manipulate traffic they don't understand. Ridiculous.

    Or, just use your carrier's data network. That makes me feel a little better I guess.

  14. #13

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    Quote Originally Posted by 106459 View Post
    And that's why I use a VPN. Can't manipulate traffic they don't understand. Ridiculous.

    Or, just use your carrier's data network. That makes me feel a little better I guess.
    The trouble is the majority of people have as much technical knowledge as a one legged man has wins in ass kicking contests. People just do what they are told, buy what they are told to buy, and pay what they are told to pay. Most people do not offer any resistance to monopolistic practices if mega corporations, which is how our fascist state came to be. People are taught to be dumb and buy into the illusion of choice. People like you and me who know how to use VPNs and other more involved networking are the thinkers, which is one of the reasons we are both on Ron Paul Forums. We dont buy into the illusion of choice. But we are outnumbered, hundreds if not thousands to one.
    1776 > 1984

    The FAILURE of the United States Government to operate and maintian an
    Honest Money System , which frees the ordinary man from the clutches of the money manipulators, is the single largest contributing factor to the World's current Economic Crisis.

    The Elimination of Privacy is the Architecture of Genocide

    You are Ron Paul's Media!

    Quote Originally Posted by Zippyjuan View Post
    Our central bank is not privately owned.

  15. #14

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    Bezos' is like Pacman, he is gobbling up all good companies to get his corporate empire.
    "Logic is an enemy and truth is a menace." ~ Rod Serling
    "Cops today are nothing but an armed tax collector" ~ Frank Serpico
    "To be normal, to drink Coca-Cola and eat Kentucky Fried Chicken is to be in a conspiracy against yourself."
    "People that don't want to make waves sit in stagnant waters."

  16. #15

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    Amazon is going to finance the deal entirely on debt. Must be nice to just be handed nearly $14B to buy another company at a huge premium.

    http://www.zerohedge.com/news/2017-0...wngrade-amazon
    "Let it not be said that we did nothing." - Ron Paul

    The entire internet is the domain of paid shills and bots. If you don't know this by now....

    Israel, under control of the Crown and, ultimately, the Vatican, own the USA. If you don't know this by now....

    Talk to people about liberty. You won't find it on websites, you won't find it in politicians.

    Visiting the Outer Banks of NC?
    Outer Banks Fishing Boat Rentals

  17. #16

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    Quote Originally Posted by dannno View Post
    On what planet is it only people in rich neighborhoods that have high levels of people with smart phones
    In the midwest big cites , I bet the welfare apt buildings have more smart phones than the blue collar factory worker neighbor hood .

  18. #17

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    Quote Originally Posted by DamianTV View Post
    The trouble is the majority of people have as much technical knowledge as a one legged man has wins in ass kicking contests. People just do what they are told, buy what they are told to buy, and pay what they are told to pay. Most people do not offer any resistance to monopolistic practices if mega corporations, which is how our fascist state came to be. People are taught to be dumb and buy into the illusion of choice. People like you and me who know how to use VPNs and other more involved networking are the thinkers, which is one of the reasons we are both on Ron Paul Forums. We dont buy into the illusion of choice. But we are outnumbered, hundreds if not thousands to one.
    You're a special little snowflake, aren't you?

    Overall, I like Amazon's push to automate. The ability to get Whole Foods delivered is a good idea (unimpressed with Amazon fresh)

    The concern for me...a year ago Amazon said that each prime member costs $384/year... that's nearly $300 more than they charge. I worry about the day where local shops are gutted and my prime bill for $1000 comes in the mail.

  19. #18

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    Quote Originally Posted by Dr.No. View Post
    You're a special little snowflake, aren't you?

    Overall, I like Amazon's push to automate. The ability to get Whole Foods delivered is a good idea (unimpressed with Amazon fresh)

    The concern for me...a year ago Amazon said that each prime member costs $384/year... that's nearly $300 more than they charge. I worry about the day where local shops are gutted and my prime bill for $1000 comes in the mail.
    I'm more concerned that Amazon is going to offer discounted prime membership to people already getting govt handouts. So I have to pay taxes to feed these people AND now I have to pay more to get the same service? Its just about enough to make one cancel their membership.

  20. #19

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    Quote Originally Posted by specsaregood View Post
    I'm more concerned that Amazon is going to offer discounted prime membership to people already getting govt handouts. So I have to pay taxes to feed these people AND now I have to pay more to get the same service? Its just about enough to make one cancel their membership.
    I stopped buying from them when they started shutting small sellers out of certain areas and brands. (CDs, DVDs, Toys, plus a lengthy list of popular name brands.) But the only time people care about small businesses is when they're competing against WalMart.
    * Enforce Border Security – America should be guarding her own borders and enforcing her own laws instead of policing the world and implementing UN mandates.

    * No Amnesty - The Obama Administration’s endorsement of so-called “Comprehensive Immigration Reform,” granting amnesty to millions of illegal immigrants, will only encourage more law-breaking.

    * Abolish the Welfare State – Taxpayers cannot continue to pay the high costs to sustain this powerful incentive for illegal immigration. As Milton Friedman famously said, you can’t have open borders and a welfare state.

    * End Birthright Citizenship – As long as illegal immigrants know their children born here will be granted U.S. citizenship, we’ll never be able to control our immigration problem.




    Reprinted from http://www.ronpaul2012.com/the-issues/immigration/ [Nov. 29, 2011]

  21. #20

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    Quote Originally Posted by donnay View Post
    Bezos' is like Pacman, he is gobbling up all good companies to get his corporate empire.
    M&A drives the large companies and allows them to create the illusion of growth.

    One has to question an economy (and stock market) that is nothing more than debt and M&A.
    Twitter: B4Liberty@USAB4L
    "Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
    "Beware the Military-Industrial-Financial-Corporate-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
    "Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
    "Totally free immigration? I've never taken that position. I believe in national sovereignty." - Ron Paul


    The views and opinions expressed here are solely my own, and do not represent this forum or any other entities or persons.

  22. #21

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    Quote Originally Posted by 106459 View Post
    And that's why I use a VPN. Can't manipulate traffic they don't understand. Ridiculous.

    Or, just use your carrier's data network. That makes me feel a little better I guess.
    Yeah, the younger generation knows about VPNs.

    I have never been able to get an in-store Wi-Fi to work, and have found my carrier's signal weak or non-existent. Always figured it was intentional...
    Twitter: B4Liberty@USAB4L
    "Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
    "Beware the Military-Industrial-Financial-Corporate-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
    "Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
    "Totally free immigration? I've never taken that position. I believe in national sovereignty." - Ron Paul


    The views and opinions expressed here are solely my own, and do not represent this forum or any other entities or persons.

  23. #22

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    Quote Originally Posted by DamianTV View Post
    https://news.slashdot.org/story/17/0...or-137-billion

    But that is only HALF of the story:

    Amazon Granted a Patent That Prevents In-Store Shoppers From Online Price Checking
    https://yro.slashdot.org/story/17/06...price-checking

    I guess Whole Paycheck will continue to have very high prices?
    Quote Originally Posted by specsaregood View Post
    Interesting news.
    Especially considering this news that came out just 2 days ago
    http://www.bizjournals.com/austin/ne...trying-to.html

    excerpts:

    So he was forced into this, I wonder if he did it just spite the plans the jana partners. Plus he gets to stay in control as CEO of WF this way.
    Quote Originally Posted by devil21 View Post
    One of the CNBC options analysts (around 1pm ET) exposed blatant insider trading around this acquisition today on television!

    --------------------------

    Pumping a barely-profitable company full of Fed funny money through the debt markets so it can buy up whatever it wants? What possibly could go wrong?
    Wish I had bought some Whole Foods stock before this went down. I can see how there was plenty of room for insider trading on this.

    Debt and M&A is not real economic growth.
    Twitter: B4Liberty@USAB4L
    "Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
    "Beware the Military-Industrial-Financial-Corporate-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
    "Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
    "Totally free immigration? I've never taken that position. I believe in national sovereignty." - Ron Paul


    The views and opinions expressed here are solely my own, and do not represent this forum or any other entities or persons.

  24. #23

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    Seems that Amazon won't let go of the the infamous Webvan failure...

    Webvan was an online grocery business that went bankrupt in 2001 after 3 years of operation and was later folded into Amazon.com.
    ...
    https://www.wikipedia.org/wiki/Webvan
    Twitter: B4Liberty@USAB4L
    "Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
    "Beware the Military-Industrial-Financial-Corporate-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
    "Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
    "Totally free immigration? I've never taken that position. I believe in national sovereignty." - Ron Paul


    The views and opinions expressed here are solely my own, and do not represent this forum or any other entities or persons.

  25. #24

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    Quote Originally Posted by specsaregood View Post
    I'm more concerned that Amazon is going to offer discounted prime membership to people already getting govt handouts. So I have to pay taxes to feed these people AND now I have to pay more to get the same service? Its just about enough to make one cancel their membership.
    If you don't like it, don't shop with Amazon .


    Quote Originally Posted by Brian4Liberty View Post
    M&A drives the large companies and allows them to create the illusion of growth.

    One has to question an economy (and stock market) that is nothing more than debt and M&A.
    I think that businesses see fewer opportunities for good investments, and so are turning over their cash to dividends, buybacks, and acquisitions. I also think that bigger companies realize that smaller, nimbler companies tend to be better at forging new ground; instead of throwing away money trying to be innovative in-house, acquire a smaller company at a premium.

    Plus, there is a lot of issues with corporate managements structures, if not outright control fraud messing with the system. Managers feel like they have to do something...the markets really punish lack of action. A manager who recognizes his company can't grow too much or just needs to stay the course is going to be replaced with a manager with a plan, no matter how fraught. And, when M&A and taking on debt become the in thing to do, that's what everyone does. Even if it fails, you can point to "that's what everyone else did". If you buck the trend and fail, you're out of a job. Managers will prioritize their interests over what is best for the company.

    Lastly, one can't ignore that markets are increasingly short-sighted. Everyone is looking for short-term price increases, trying to let others hold the bag for long-term failures.

    Quote Originally Posted by Brian4Liberty View Post
    Seems that Amazon won't let go of the the infamous Webvan failure...
    It is a different time. People have more disposable income, especially in certain markets. The technology has gotten better. Amazon wants to offer unlimited grocery deliveries for $15/month, with a $40 minimum per shopping trip. Provided it can completely replace my grocery needs, that's a great deal. I'd easily pay several times that number. Think about the time and gas savings, not to mention the benefit of being able to comparison shop.

  26. #25

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    Quote Originally Posted by Dr.No. View Post
    I


    It is a different time. People have more disposable income, especially in certain markets.
    I think that's just wrong. The economy was booming in 2001, with the exception of a brief post 9/11 hiccup. By all measures that I know of, incomes have not risen as fast as prices between then and now.

    The technology has gotten better. Amazon wants to offer unlimited grocery deliveries for $15/month, with a $40 minimum per shopping trip. Provided it can completely replace my grocery needs, that's a great deal. I'd easily pay several times that number. Think about the time and gas savings, not to mention the benefit of being able to comparison shop.
    The benefits to you - the ability to comparison shop combined with the ability to resist impulse buys - are not benefits to Amazon though. Also delivering perishable items requires different logistics than delivering non-perishables. On the plus side, shoplifting becomes less a factor although items do disappear off porches.

    But it's comforting to know that the food stamp recipients won't have to get off their fat asses to go shopping. Wouldn't want to interrupt those subsidized Prime movies.
    * Enforce Border Security – America should be guarding her own borders and enforcing her own laws instead of policing the world and implementing UN mandates.

    * No Amnesty - The Obama Administration’s endorsement of so-called “Comprehensive Immigration Reform,” granting amnesty to millions of illegal immigrants, will only encourage more law-breaking.

    * Abolish the Welfare State – Taxpayers cannot continue to pay the high costs to sustain this powerful incentive for illegal immigration. As Milton Friedman famously said, you can’t have open borders and a welfare state.

    * End Birthright Citizenship – As long as illegal immigrants know their children born here will be granted U.S. citizenship, we’ll never be able to control our immigration problem.




    Reprinted from http://www.ronpaul2012.com/the-issues/immigration/ [Nov. 29, 2011]

  27. #26

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    Quote Originally Posted by Dr.No. View Post
    You're a special little snowflake, aren't you?

    Overall, I like Amazon's push to automate. The ability to get Whole Foods delivered is a good idea (unimpressed with Amazon fresh)

    The concern for me...a year ago Amazon said that each prime member costs $384/year... that's nearly $300 more than they charge. I worry about the day where local shops are gutted and my prime bill for $1000 comes in the mail.
    Yup. Im so speshull!

    You have a good point. Deference of payment until a bill comes due can cause people to spend way more money than they intended, even to the point where it is more than they have.
    1776 > 1984

    The FAILURE of the United States Government to operate and maintian an
    Honest Money System , which frees the ordinary man from the clutches of the money manipulators, is the single largest contributing factor to the World's current Economic Crisis.

    The Elimination of Privacy is the Architecture of Genocide

    You are Ron Paul's Media!

    Quote Originally Posted by Zippyjuan View Post
    Our central bank is not privately owned.

  28. #27

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    Quote Originally Posted by Brian4Liberty View Post
    Wish I had bought some Whole Foods stock before this went down. I can see how there was plenty of room for insider trading on this.

    Debt and M&A is not real economic growth.
    +Rep!
    1776 > 1984

    The FAILURE of the United States Government to operate and maintian an
    Honest Money System , which frees the ordinary man from the clutches of the money manipulators, is the single largest contributing factor to the World's current Economic Crisis.

    The Elimination of Privacy is the Architecture of Genocide

    You are Ron Paul's Media!

    Quote Originally Posted by Zippyjuan View Post
    Our central bank is not privately owned.

  29. #28

    Default

    Quote Originally Posted by DamianTV View Post
    Yup. Im so speshull!

    You have a good point. Deference of payment until a bill comes due can cause people to spend way more money than they intended, even to the point where it is more than they have.
    I don't think you are familiar with how Amazon prime works. They can increase the rate on you at any time (for continuing years).

    Quote Originally Posted by angelatc View Post
    I think that's just wrong. The economy was booming in 2001, with the exception of a brief post 9/11 hiccup. By all measures that I know of, incomes have not risen as fast as prices between then and now.
    In certain areas, I think it has. New York, California, Washington, the East Coast...you've seen a lot of wealth creation. Moreover, you've seen real household net worth nearly double in the last 16 years. Not to mention the growth in business net worth...

    Quote Originally Posted by DamianTV View Post
    The benefits to you - the ability to comparison shop combined with the ability to resist impulse buys - are not benefits to Amazon though. Also delivering perishable items requires different logistics than delivering non-perishables. On the plus side, shoplifting becomes less a factor although items do disappear off porches.
    Sure, but many won't be able to control their impulses and that is a benefit to Amazon. They'd be subsidizing me, in a sense, but I'm sure brick-and-mortar grocery stores have similar schemes. Amazon gets my prime fees, my monthly rate, and probably a tiny amount of the groceries I buy. It will be about low margins and high volumes, plus the aforementioned impulse buys from less savvy customers.

    Quote Originally Posted by DamianTV View Post
    But it's comforting to know that the food stamp recipients won't have to get off their fat asses to go shopping. Wouldn't want to interrupt those subsidized Prime movies.
    That's some nice class warfare right there. Food stamp recipients are clearly the most problematic people for society.
    Last edited by Dr.No.; 06-17-2017 at 03:45 PM.

  30. #29

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    Quote Originally Posted by Dr.No. View Post
    I don't think you are familiar with how Amazon prime works. They can increase the rate on you at any time (for continuing years).
    Youre right again. Im not familiar with how Amazon Prime works. I dont use it. I dont support ANY company that has turned into a monopoly and treats human beings as Disposable. Amazons main shipping facility is here in Reno, and I get to listen to people all the time about how badly they are treated before being given the boot. They ONLY hire thru a Temp Agency as to not take any blame for the problems they cause to individuals. Now, if they treat their employees that badly, how much do you think they intend on screwing over their customers?
    1776 > 1984

    The FAILURE of the United States Government to operate and maintian an
    Honest Money System , which frees the ordinary man from the clutches of the money manipulators, is the single largest contributing factor to the World's current Economic Crisis.

    The Elimination of Privacy is the Architecture of Genocide

    You are Ron Paul's Media!

    Quote Originally Posted by Zippyjuan View Post
    Our central bank is not privately owned.

  31. #30

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    @Dr.No - I think you have the quotes incorrect, or at least for the wrong person. I didnt say the bottom two quotes. Top quote with the word "speshull" I did, but the other two quotes go back to the "speshull" quote. I'll guess just a mis-copy and paste.

    For the record, I dont necessarily disagree with you on any of your points, and yes, my sarcasm detector is working just fine.

    But lets go after the Food Stamp Recipients for a moment. There are some that do have "bad attitudes", or feel they are "entitled" and there are quite a few others who still have not landed back on their feet from the last recession, who are normal honest hard working people who dont carry that entitlement attitude. Being a food stamp recipient and having a "entitlement attitude" are not mutually exclusive. It does happen, but not with all of them.

    The trouble that I see, and again, not disagreeing with you, is that the food stamp recipients are actually the victims of corporate profiteering enabled by monopolization and exploitation. Sure, prices are affordable, but at the cost of jobs. People in general spend more when marketing techniques are effective in persuading people to spend more. But as far as the jobs, we need to watch ourselves before we immediately place blame on the food stamp recipients as they are the ones that need the jobs offered by Amazon, until those jobs are eliminated, which leaves them right back on food stamps.

    Point being that neither side is completely innocent, nor are they completely guilty. Amazon does what it can to grow as a company, and both sides suffer as the result of an unstable monetary foundation that deprives all but the money manipulators of true wealth and prosperity. For a few to be rich, many must be poor. And both sides are now fighting over tablescraps of the money printers.
    1776 > 1984

    The FAILURE of the United States Government to operate and maintian an
    Honest Money System , which frees the ordinary man from the clutches of the money manipulators, is the single largest contributing factor to the World's current Economic Crisis.

    The Elimination of Privacy is the Architecture of Genocide

    You are Ron Paul's Media!

    Quote Originally Posted by Zippyjuan View Post
    Our central bank is not privately owned.

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