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She Guevara (AOC) slammed as 'financially illiterate' at Sharpton event over Amazon

Posted on 4/6/19 at 12:52 pm
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167272 posts
Posted on 4/6/19 at 12:52 pm
quote:

Faces calls to be ousted from office


Boston University must be proud

quote:

Hours before Alexandria Ocasio-Cortez called for an “agenda of reparations” at an Al Sharpton-sponsored event in New York on Friday, she was slammed as “financially illiterate” at the same conference for killing the Amazon deal with the state.

Ocasio-Cortez spoke to the crowd at the National Action Network, saying her Green New Deal will consider reparations to black Americans for slavery in addition to the radical overhaul of the economy in a bid to combat climate change.


quote:

But at the same conference, hours before Ocasio-Cortez’s speech, an investor ripped those who opposed the Amazon deal with the state that would have generated billions in tax revenue and 25,000 jobs.

“The people campaigning against the Amazon campus are financially illiterate,” said Tracy Maitland, president and chief investment officer of Advent Capital Management during a panel discussion the Black Economic Agenda, according to the New York Post.

He later told the newspaper that he blames the 29-year-old Democratic Socialist for spreading misinformation and helping to kill the agreement with Amazon that would have benefited people in her home state.

“This was a disgrace. I partially blame AOC for the loss of Amazon. She doesn’t know what she doesn’t know. That’s scary. We have to make sure she’s better educated or vote her out of office,” he said, noting that Ocasio-Cortez implied the state was giving a blank $3 billion check rather than tax credits based on the number of jobs created.


LINK
Posted by OmniPundit
Florida
Member since Sep 2018
1440 posts
Posted on 4/6/19 at 12:58 pm to
I hope they continue to call it as it is, and not do a lipstick job on the pig. If so, she will have a very short history in public life.
Posted by Sunbeam
Member since Dec 2016
2612 posts
Posted on 4/6/19 at 1:16 pm to
I really don't get this one. Lots you can slam AOC for.

But this Amazon thing?

Know what Amazon is? It's Walmart. Only over the internet. It has the same effect on communities that Walmart did - destroying mom-and-pop stores and smaller businesses.

Does it the same way. Economy of scale (well sorta, I could write a lot more about this), and slave labor wages - which local, state, and federal governments wind up subsidizing in various ways.

Then to put the cherry on the crap sundae, Amazon (and Ebay) are both SUBSIDIZED by the USPS.

People that just mail a letter with a stamp pay more than they should, so companies like Amazon can have cut-rate shipping.

Amazon is as much a creation of lobbying and SJW stupidity, as anything else.

Or maybe it is cupidity, instead of stupidity. SJW's don't mind taking a steaming dump over the various means past generations of the Democratic Party came up with for labor niche protection. They love them some Uber and AirBNB.

But it's all ok see, cause it's "Tech."

Morons. Cretins. Villains are one thing. Idiots are another.
Posted by VolsOut4Harambe
Atlanta, GA
Member since Sep 2017
12856 posts
Posted on 4/6/19 at 1:17 pm to
I hope they let her keep talking. She’s the gift that keeps on giving.
Posted by BurningHeart
Member since Jan 2017
9520 posts
Posted on 4/6/19 at 1:18 pm to
quote:


Know what Amazon is? It's Walmart. Only over the internet. It has the same effect on communities that Walmart did - destroying mom-and-pop stores and smaller businesses


How does Amazon destroy local businesses?

That's the argument here. Not global business.
Posted by TheeRealCarolina
Member since Aug 2018
17925 posts
Posted on 4/6/19 at 1:24 pm to
Amazon can help small businesses grow as well. Walmart is basically all big firms and companies.

Amazon deserves a lot of shite, but to say it does to small businesses what Wal Mart does is not even close to correct.
Posted by JPinLondon
not in London (currently NW Ohio)
Member since Nov 2006
7855 posts
Posted on 4/6/19 at 1:24 pm to
The fact that she cost her home city 25,000 to 40,000 jobs and $27,000,000,000 and she is allowed to speak without being shouted down and/or slapped in her face is the shocking part.
Posted by JPinLondon
not in London (currently NW Ohio)
Member since Nov 2006
7855 posts
Posted on 4/6/19 at 1:30 pm to
quote:

I really don't get this one. Lots you can slam AOC for.

But this Amazon thing?

Know what Amazon is? It's Walmart. Only over the internet. It has the same effect on communities that Walmart did - destroying mom-and-pop stores and smaller businesses.

Whether all that is true or not, and I agree with you on it, for the most part... all of it will be happening now elsewhere instead of in NYC. All 25,000 to 40,000 jobs and $27,000,000,000 in investment.
Posted by bostitch
Member since Apr 2016
535 posts
Posted on 4/6/19 at 1:32 pm to
Looks like someone on this board is a BU grad
Posted by GeauxElliott
Louisiana
Member since Jun 2007
3695 posts
Posted on 4/6/19 at 1:44 pm to
quote:

How dies amazon destroy local business?


Local brick and mortar stores have more overhead. Building rent, insurance on building, stock for customers to inspect and so on.

Amazon, ebay have virtual stores. No overhead and ship straight from the manufacturer most of the time.

Brick and mortar have to charge more to cover this overhead. Joe customer goes to brick and mortar, inspects what he wants to buy and leaves to purchase online "where it's cheaper".

Brick and mortar store goes out of business.
Posted by TheeRealCarolina
Member since Aug 2018
17925 posts
Posted on 4/6/19 at 1:53 pm to
Depends on what you’re buying, the quantity, the pricing, and the urgency of your need/want.

People forget that Wal-Mart was a small local business at one time too. Would be better if they never went public and went with more of a Costco model minus the membership, but hey when you surrender yourself to Wall Street, you surrender quality to your shareholders desires.
Posted by diat150
Louisiana
Member since Jun 2005
43556 posts
Posted on 4/6/19 at 1:53 pm to
quote:

Local brick and mortar stores have more overhead. Building rent, insurance on building, stock for customers to inspect and so on.

Amazon, ebay have virtual stores. No overhead and ship straight from the manufacturer most of the time.

Brick and mortar have to charge more to cover this overhead. Joe customer goes to brick and mortar, inspects what he wants to buy and leaves to purchase online "where it's cheaper".

Brick and mortar store goes out of business.


not particularly aimed at you but people need to shutup about brick and mortar stores closing down. the way people do things change over time with the advent of new technology. they way we get entertainment has changed, the way we communicate has changed, the way we travel has changed. I could go on and on. people that cry about local mom and pop stores need to just shutup. that business model is done. we are never going back to that model.
Posted by Nguyener
Kame House
Member since Mar 2013
20603 posts
Posted on 4/6/19 at 2:00 pm to
quote:

Green New Deal will consider reparations to black Americans for slavery in addition to the radical overhaul of the economy 


Has anyone asked her what either of things has at all to do with the environment or going green?

Also, I'm still waiting for someone to address these questions:

How do you decide who qualifies for reparations? Do you have to have 100% black DNA. Do you have to be a proven descendent of a slave? . Do you have to just look black? If you were from the Dominican Republic do you qualify? What about Italian Americans that have some African DNA in them? Do they count? What about people who immigrated this country from Africa a generation or two ago? They have absolutely nothing to do with slavery? Do they count? What about people who are descendant of black slave owners in the north? Do they count?

Is any of this addressed in the bill? Will any of our resident progressives care to explain to me how we will figure out who was black and who is not?
This post was edited on 4/6/19 at 2:03 pm
Posted by Jones
Member since Oct 2005
90521 posts
Posted on 4/6/19 at 2:01 pm to
quote:


Does it the same way. Economy of scale (well sorta, I could write a lot more about this), and slave labor wages


Amazon pays slave wages?

quote:


Know what Amazon is? It's Walmart. Only over the internet. It has the same effect on communities that Walmart did - destroying mom-and-pop stores and smaller businesses


Plenty of these businesses use these giant companies to sell their goods


And you act like the USPS stuff only benefits Amazon. It benefits me also
Posted by Nguyener
Kame House
Member since Mar 2013
20603 posts
Posted on 4/6/19 at 2:04 pm to
quote:

Know what Amazon is? It's Walmart. 


One of the largest employers, especially of minorities and the elderly, in America as well as a company that routinely pays above minimum wage and provides for affordable goods to be purchased by those who otherwise couldn't afford them?
Posted by TheeRealCarolina
Member since Aug 2018
17925 posts
Posted on 4/6/19 at 2:33 pm to
The internet (particularly Etsy, eBay, and other independent e-commerce) as also allowed hundreds, if not thousands of small businesses to grow and thrive where they wouldn’t have otherwise. I’ve personally bought about a dozen GoT, DC, and Marvel themed apparel items from small businesses that I never would have had access to without sites like that. I know two of the people I purchased from print their items in the US. The blanket shirts were sewn/made in the US as well.

Anything that benefits American workers creating quality products over cheap Asian crap is fine by me.
Posted by Clames
Member since Oct 2010
16575 posts
Posted on 4/6/19 at 3:22 pm to
quote:

Economy of scale (well sorta, I could write a lot more about this)


Not intelligently.


quote:

and slave labor wages - which local, state, and federal governments wind up subsidizing in various ways.


Define this "slave" labor wage. You seem to be another low-info simpleton that tosses out buzzwords and cannot properly contextualize their arguments.


quote:

Then to put the cherry on the crap sundae, Amazon (and Ebay) are both SUBSIDIZED by the USPS.



The USPS today is a shining example of gov't owned, unionized incompetence. Online shopping is about the only thing keeping it afloat so you should think about who is really subsidizing who.
This post was edited on 4/6/19 at 3:24 pm
Posted by GEAUXmedic
Premium Member
Member since Nov 2011
41598 posts
Posted on 4/6/19 at 3:33 pm to
quote:

Know what Amazon is? It's Walmart. Only over the internet. It has the same effect on communities that Walmart did - destroying mom-and-pop stores and smaller businesses.



This is so stupid. This doesn't even matter in this case. Amazon isn't building a fricking store, they were building a distribution center. It being there isn't going to make people stop going to mom and pop shops to order online, they're gonna order online regardless. All this did was prevent millions of dollars and thousands of jobs. Anyone against this is fricking retarded (see AOC and her ilk)
Posted by Sunbeam
Member since Dec 2016
2612 posts
Posted on 4/6/19 at 3:47 pm to
I don't know where to begin.

You appear to have read somewhere, at some time, someone making an argument.

And you are using words and phrases that you saw.

Only nothing means what you think it means.

Well darn it, if I can't write intelligently about Amazon and economy of scale... I'll just have someone else do it for me.

LINK /

"Amazon enjoys economies of scale far beyond their online competition, and they can use that power to offer hyper-aggressive prices and fast, cheap shipping. Here is a simple illustration of their scale, using data from Internet Retailer:


Amazon is larger than the next dozen largest e-tailers — COMBINED! Its resulting scale advantages are staggering. And they aggressively re-invest the benefits of this scale into even lower prices and faster, cheaper shipping that in turn lead to growth and further scale advantages. When we consider an e-commerce investment at a16z, we always strive to carefully evaluate the risk of competition from Amazon. They’re not just a heavyweight — they’re the heavyweight champion of the world."

Please note, that correlating Amazon to the concept of economy of scale is OLD news. You really ought to know that.

BTW, here is an Economist article calling Amazon, "The Walmart of the Web." Kinda old, and it's behind a paywall, so I can see how ya missed that one.

Now as to Amazon and slave labor wages:

Here are a hundred zillion links to pages discussing this:

LINK

Hmmm Mother Jones. Had no idea that mag was still around. Those links may be too lefty for you to give them any creedence, but tell me:

Have you ever spoken with anyone who worked at an Amazon fulfillment center? I have. And a close friend of mine worked for Amazon back when stock options where the way they kept people on board (1995 to 2000 timeframe). He made some dough, thought the company sucked. And Bezos, who he met personally was a midget.

BTW, unless they have updated things, he told me they have spaghetti code from hell on the back-end, written in ... Perl.

Now lastly:

quote:

The USPS today is a shining example of gov't owned, unionized incompetence. Online shopping is about the only thing keeping it afloat so you should think about who is really subsidizing who.


So let me get this straight. The USPS uses overcharging for the actual cost of delivering regular mail to subsidize their package delivery busineess.

Whether they do it to justify their current existence, or because of lobbying by the online sales bunch. And this keeps them afloat.
Posted by Joe Smo 1234
Member since Apr 2019
470 posts
Posted on 4/6/19 at 3:53 pm to
Dylan,"The times they are achangin' "
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