It's Source Of Income
It's a middle man, it takes orders and sources them out. There is
no giant warehouse with 400,000 pairs of jeans, a million I-PODS, or
a trillion pairs of ladies underwear.
Coffeyville is an Amazon
order processor. All it's 'Process Centers' are in remote small
towns.
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Amazon's Financials
In 2001, it had a $567 million loss, and in 2003, Amazon had a
negative net
worth of $1.1 billion.
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Amazon Will Eventually Move Offshore
Their Chinese suppliers will trans-ship through their Panama
subsidiary. What cost $8 in Beijing will cost $40 because of
Panama expenses, will sell for $50, and Bezos will pay
negligible US taxes. This is the exact same scam Nike pulls.
Bezos will eventually locate his service centers in
Bangladesh.
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Fernley, Nevada
A typical Amazon location is Fernley, Nevada. It's a town
of 8,500, so 2,000 are employed, and so out of that, Amazon
controls 600 jobs. This is almost a slave plantation.
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It's Employees And Union Status
Larry Cohen says it's a
tough road,
and
it has nothing to do with being a fellow Zionist to Bezos. It's
12,000 employees are
$8.50 an hour,
with no benefits.
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Amazon's 2006 Financials |
Sales
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$9,000,000,000 |
If they take a $500 order on
a Schwinn bike, that is shipped from a Schwinn warehouse, they
consider the $500 income. But the actual income is their $20
commission. 6 |
Profits
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$
290,000,000 |
Enron was profitable too. A
pen can work wonders. |
Market Capitalization
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$16,000,000,000 |
There is the real fallacy.
That is determined by pricing all the shares at the last sale price.
The first 999,000 shares sold for $1, but the next 1,000 shares sold
for $1,000. So Bernstein and Bernstein says, all the shares are worth
$1,000 the company is $100 million, even though only $1 million was
invested.
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