Amazon Slides After Trump Hints At Antitrust Action

[Swordsmyth]

President Trump is on a roll this morning, lashing out via Twitter at every and any one who has wronged him this weekend.

His latest target is Amazon's Jeff Bezos and The Washington Post, as Trump angrily tweets "The Amazon Washington Post has gone crazy against me ever since they lost the Internet Tax Case in the U.S. Supreme Court two months ago."
Trump then went one step further, adding that "In my opinion the Washington Post is nothing more than an expensive (the paper loses a fortune) lobbyist for Amazon. Is it used as protection against antitrust claims which many feel should be brought?"

The Amazon Washington Post has gone crazy against me ever since they lost the Internet Tax Case in the U.S. Supreme Court two months ago. Next up is the U.S. Post Office which they use, at a fraction of real cost, as their “delivery boy” for a BIG percentage of their packages....
— Donald J. Trump (@realDonaldTrump) July 23, 2018

....In my opinion the Washington Post is nothing more than an expensive (the paper loses a fortune) lobbyist for Amazon. Is it used as protection against antitrust claims which many feel should be brought?
— Donald J. Trump (@realDonaldTrump) July 23, 2018

Finally Trump raged that "Next up is the U.S. Post Office which they use, at a fraction of real cost, as their “delivery boy” for a BIG percentage of their packages..."


More at: https://www.zerohedge.com/news/2018-...titrust-action

[phill4paul]

Unfortunately, there is nothing Trump can do (to my belief at this point). The U.S. Post is a Constitutional thang and therefore a duty of Congress. It'd take an amendment to get rid of it. About the only one that use it now are company advertisers and political action committees and the U.S. Gov.
I've not used a single "stamp" in over 6 years. The only thing that comes to me is "junk."

[kcchiefs6465]

So apparently USPS ships about 40% of Amazon products.

They're not supposed to be able to ship below cost but the exact rate is considered proprietary (for a taxpayer sponsored entity, no less).

Compared to other shipping services, USPS is allegedly undercutting legitimate competitors by $1.46 a parcel (for every business it ships for).

The solution is easy. Level the playing field. End the USPS.

http://www.ronpaulforums.com/showthr...18#post6654818

The Curse of Economic Nationalism | Thomas J. DiLorenzo
https://www.youtube.com/watch?v=QPuqnCHIZg0

[ThePaleoLibertarian]

Want to bust trusts? Start with media companies.

[kpitcher]

Amazon has been advertising people can make up to 300,000 a year by running a 3rd party amazon delivery service which includes them helping with vehicle purchases and insurances. Looks like Amazon is finding ways to be less reliant on USPS even before their drones start delivering.

I don't see how Trump bashing on Bezos is anything other than jealousy. Trump constantly over inflates his net worth and here's the proven richest man who dares pick on him so he throws a tantrum. I really doubt #MAGA supported actually have quit using amazon in any noticeable way.

[Aratus]

A barons war? A war amongst oligarchs?
Empress Matilda was challenged by her
cousin Stephen, he crowned himself king.
Trump wants to create a dynasty. We all
know Henry II did, his had a good run to it.

[Aratus]

Trump/Putin badly trashes Bezos/rival...
The M.O is as if Trump is doing Putin's
games/attacks from the late 1990s in
a context that is much more American...

[Aratus]

Is this like Mussolini handing Herr Hister pointers in 1932?
Liberal and/or RADICAL Democrats are framing it like this.

[Ender]

Amazon has been advertising people can make up to 300,000 a year by running a 3rd party amazon delivery service which includes them helping with vehicle purchases and insurances. Looks like Amazon is finding ways to be less reliant on USPS even before their drones start delivering.

I don't see how Trump bashing on Bezos is anything other than jealousy. Trump constantly over inflates his net worth and here's the proven richest man who dares pick on him so he throws a tantrum. I really doubt #MAGA supported actually have quit using amazon in any noticeable way.

Yep.

Trump always seems ego-driven- get rid of the Iran deal & make Cuba non-assessable again- why? Because these were two of the best things Obama did- can't have that now, can we?

[UWDude]

Trump/Putin badly trashes Bezos/rival...
The M.O is as if Trump is doing Putin's
games/attacks from the late 1990s in
a context that is much more American...

fighting back is bullying?
Your attempts at mystery are facile
as only a lie hides beneath.
Still not impressed.
up your game, amateur, let's see what you got.

when the seven seals are opened, Bezos will call it a coup.

[enhanced_deficit]

Want to bust trusts? Start with media companies.

Media is powerful.