Whole Foods

FILE PHOTO: U.S. 2020 Democratic presidential candidate and former Governor of Colorado John Hickenlooper speaks at the 2019 National Action Network National Convention in New York
FILE PHOTO: U.S. 2020 Democratic presidential candidate and former Governor of Colorado John Hickenlooper (D-CO), speaks at the 2019 National Action Network National Convention in New York, U.S., April 5, 2019. REUTERS/Lucas Jackson/File Photo

April 26, 2019

By Sharon Bernstein

SACRAMENTO, Calif. (Reuters) – Democratic presidential hopeful John Hickenlooper, a former governor of Colorado, will release an anti-monopoly plan in California on Friday that could challenge the dominance of such companies as Amazon and Google, his campaign told Reuters.

In his first detailed economic policy proposal since announcing his candidacy for the Democratic presidential nomination last month, Hickenlooper’s plan, shared exclusively with Reuters on Thursday, could help him distinguish himself in a crowded field of 20 candidates seeking the Democratic nomination for the presidency in 2020.

Hickenlooper, who made his fortune as a small-business owner, plans to take on the tech giants and other large companies in San Francisco on Friday, in the heart of the state’s thriving technology center.

“He’s talking about it from the perspective of an entrepreneur,” spokeswoman Lauren Hitt said in an interview. Mega-corporations like Amazon or Google that dominate the market can make it difficult for new ideas to percolate.”

In a white paper to be released Friday morning in advance of a speech at the Commonwealth Club, Hickenlooper, 67, bemoans a slowing of the creation of new startup businesses in the United States, blaming lax enforcement of anti-trust laws from tech to retail for leading to dominance by a few companies in such varied sectors as hardware stores, cell phone providers and e-commerce.

Hickenlooper is not the first Democratic candidate to make the dominance of the big tech companies a campaign issue. Senator Elizabeth Warren last month vowed to break up Amazon, Google and Facebook if she is elected president, saying at a campaign event in New York City, “The competition needs the opportunity to thrive and grow.”

LIMIT WORKER NON-COMPETE AGREEMENTS

Hickenlooper’s proposal calls for beefing up U.S. regulation of large companies, including expanding the Clayton Anti-Trust act to encourage competition and appointing judges who are “committed to the original aims of the anti-trust laws.”

Although the white paper stops short of calling for breaking up such companies as Amazon.com or Facebook, Hickenlooper’s campaign said that beefed-up enforcement and a new focus on encouraging competition could lead to such results.

As president, the white paper said, Hickenlooper would also push for legislation to limit employers’ ability to demand non-compete agreements from workers, and ban makers of automobiles, farm equipment, computers and other products from forcing consumers to use the companies’ own authorized repair systems when equipment breaks down.

Hickenlooper would also direct the Federal Trade Commission to resume a long-abandoned practice of tracking companies’ industry dominance, including examining past mergers to see if they should be undone.

Warren, in her announcement last month vowing to combat the dominance of big tech companies, said she would nominate regulators to unwind acquisitions, such as Facebook’s purchases of WhatsApp and Instagram and Amazon’s deals for Whole Foods and Zappos.

Hickenlooper is one of two governors to join the race to unseat U.S. President Donald Trump, who is expected to seek reelection. Washington Governor Jay Inslee has made climate change the centerpiece of his campaign.

A centrist, Hickenlooper reinvented himself after a devastating job loss by founding a brew pub in what was then a neglected area of Denver. He later became the city’s mayor and served two terms as governor of Colorado, leaving office in January of this year.

In a Reuters/Ipsos poll released Wednesday, Hickenlooper was among several Democratic hopefuls who fell near the bottom of the pack in terms of name recognition. Former Vice President Joe Biden, who had not yet declared his run for the 2020 Democratic presidential nomination when the poll was conducted, led all other candidates in the race and drew his strongest levels of support from minorities and older adults.

Biden declared his candidacy on Thursday.

(Reporting by Sharon Bernstein; Editing by Leslie Adler)

Source: OANN

When I was a kid in the 1980s, Velcro shoes hit the stores in force.

Although Puma first started using the fasteners in 1968, it was not until the 1980s that the shoes became commonplace on the street and at retail outlets.

At the time, many of us mocked the idea. “Who is so lazy he can’t tie shoelaces?” we snickered. We were all sure we were quite superior in our willingness to tie our own shoelaces. Years later, I noticed that quite a few elderly people — and others with reduced mobility or disabilities such as severe arthritis or cerebral palsy, often wore shoes fastened with Velcro. At that point, my playground cleverness didn’t seem quite so clever anymore.

Velcro shoes, of course, aren’t the only product that might strike us as only for lazy people.

The Huffington Post has mocked tomato slicers and corn “kernelers,” to name just two examples among the plethora of “useless” products marketed by greedy capitalists who will sell anything to make a buck.

Many of these products, however, aren’t pointless at all. While everyday tasks like slicing a tomato may be easy for those of us with normally functioning bodies, that’s not necessarily the case for everyone.

In Vox last year, responding to criticisms of allegedly useless products like the “Sock Slider,” author s.e. smith [sic] writes :

“If I didn’t have that silly piece of plastic with ropes, I wouldn’t be able to put socks on,” says Emily Ladau, a disabled advocate, writer, and speaker with Larsen syndrome , a congenital skeletal disorder.  Ladau, who uses a wheelchair for mobility, cannot bend over to put on socks. Without a “sock putter-onner,” as she calls it, she would be forced to rely on the assistance of a personal care attendant (PCA) to put her socks on every morning. “Something that people think is a silly piece of plastic is one of the reasons I don’t need a PCA when I travel.”

Environmentalists to the Disabled: Screw You

The daily hassles faced by the disabled, though, appear to have gone quite unnoticed by environmentalists who have taken to attacking useless products as not only silly, but as morally objectionable. These products, we are told, are environmentally damaging.

One example is a case of Twitter-manufactured outrage over “wasteful” packaging of pre-peeled oranges at Whole Foods. In 2016, an apparently non-disabled woman posted a photo of the oranges on the shelf and complained — with the usual level of tiresome snark we’ve come to expect on Twitter — “If only nature would find a way to cover these oranges so we didn’t need to waste so much plastic on them.”

As of this writing, the comment has over 104,000 likes, and Whole Foods eventually responded, saying “Definitely our mistake. These have been pulled. We hear you, and we will leave them in their natural packaging: the peel.”

That comment received over 750 likes.

What received far fewer likes was a comment from another user, who wrote:

I’m so sorry you’ve decided to do that. I have rheumatoid disease and it’s often impossible to peel an orange.

This, however, was apparently not very convincing to the Environmental Justice Warriors. One dismissively told the woman claiming to have rheumatoid disease to buy an orange peeler, which earned the response “If I could handle that, I could handle an orange. 🙂 It’s really no different from baby carrots in a bag or getting a pizza delivery.” To that, the Enlightened Environmentalist essentially responded “tough luck, there’s too much plastic in the ocean.”

Another environmentalist posted in response to the photo of the pre-peeled oranges:

Fu—ing hell. That makes me unbelievably angry actually. Talk about necessarily contributing to plastic taking over the planet.

When confronted with the idea that “not everyone is physically able to peel an orange,” she retorted “You know, as well as i do, that that is NOT who that is marketed towards.”

By this way of thinking, products that help the disabled are only to be tolerated if their packaging is emblazoned with phrases like “great for cripples!” or “designed for invalids!” All other products that aren’t obviously aids for disabled people shall be mocked as “useless,” and “wasteful” or perhaps banned under force of law.

The environmentalists’ war against the disabled perhaps reached a fever pitch in 2018 when activists throughout the wealthy West began demanding that small business remove all plastic straws from their stores, and that governments even outlaw them.

Some advocates for the disabled noted that plastic straws as essential in allowing many disabled people to enjoy the products and services many other people take for granted. One of these advocates, Alice Wong, explained at eater.com:

Plastic is seen as cheap, “anti-luxury,” wasteful, and harmful to the environment. All true. Plastic is also an essential part of my health and wellness. With my neuromuscular disability, plastic straws are necessary tools for my hydration and nutrition.

This argument didn’t get much of a better hearing than the orange-peel argument. Many social media readers suggested that disabled people should just carry their own straws everywhere. And after all, what’s the big deal? What did disabled people do before straws anyway?

 

Entrepreneurs vs. Consumers

There are many unpleasant lessons we could learn from these exchanges about the problems that come with being smug and self-centered.

But as this is an economics site, I’d like to focus here on what the “useless products” debate illustrates about the difference between consumers and entrepreneurs.

The lack of sensitivity we encounter with the anti-plastic environmentalists isn’t only a product of a single-minded ideology. It’s also the result of the narrow-mindedness that comes from thinking primarily as a consumer and lacking the broader mindset of an entrepreneur.

For example, in order to consume, one needs to think only in terms of himself and others like him. “I don’t need a tomato slicer,” the thinking goes, “so it’s safe to say that no one else needs one either.”

The entrepreneur, on the other hand, approaches things far differently. He (or she) thinks in terms of changing the status quo. The entrepreneur thinks in terms of meeting an unmet need.

Whether or not the entrepreneur thinks explicitly in terms of meeting the needs of disabled people is, of course, completely beside the point. The fact is that many new products created by entrepreneurs end up helping disabled people, and that’s now a common outcome in a marketplace. It’s to be expected in a marketplace where entrepreneurs think constantly in terms of expanding the world of products and services available to a large number of consumers.

So, as the universe of consumer goods expands to include Sock Sliders and tomato peelers and plastic straws, the market also expands to meet the unmet needs of more and more people.

Also irrelevant is the fact that many entrepreneurs and inventors of various products may have no idea of how these products might be used ahead of time. Entrepreneurs are partly in the business of guessing what new products and services people want. But since those products and services don’t exist already in the marketplace, they can’t know for sure.

Some products may, at first, appear to be useless. It may be the inventor of the Sock Slider didn’t set out to invent a “sock-putter-onner”  at all. The inventor may have simply been toying around with a variety of different ideas, as is suggested by inventor Simone Giertz:

The true beauty of making useless things [is] this acknowledgment that you don’t always know what the best answer is … It turns off that voice in your head that tells you that you know exactly how the world works.

Giertz is summarizing what many entrepreneurs also ready know: they can’t be sure about “exactly how the world works.” But, they are willing to try to deliver new products and services that the world might be willing to pay for. They often fail to guess properly. But they also sometimes succeed. The question is always this: can I meet an unmet need at a cost below the price people are willing to pay?” When the answer is “yes,” the world often gets new and better products — and many of them improve the lives of the disabled.

The consumer who wants to ban plastic straws and “useless” products for “lazy” people thinks in an entirely different way. These people already consider themselves experts on what everyone needs. They think they know exactly “how the world works” and they’re itching to pass laws and shame others to make sure the world fits their vision. Rather than expanding the world of new products and services, these consumers want to shrink it — to keep it in line with their personal needs, and to reflect what they themselves consider to be important.

While the consumer thinks “nobody needs that!” the entrepreneur thinks “I wonder if someone needs that.” These are two very different ways of looking at the world. Only one of them helps disabled people live easier lives.


Will Johnson presents a video and breaks down how a female was attacked by a leftist simply for wearing her ‘Make America Great Again’ hat.

Source: InfoWars

The February jobs report came in significantly below expectations. First quarter GDP estimates are way down. And we’re seeing other numbers that indicate a rotting economic foundation.

But nobody is worried.

In fact, most of the attention continues to be focused on the trade deal as if it is going to push the economy to new heights. In his most recent podcast, Peter dug into some of the numbers and came to the conclusion that most of the analysts and pundits are utterly clueless about what’s really going on.

Last week, the Dow Transports wrapped up 11 straight days of declines. That hasn’t happened since 1971. And the last time the transports fell 10 straight days was in 2009 – during the great recession. Of course, we also got a bad February jobs report with just 20,000 jobs added. And Q1 GDP estimates remain below 1%.  But by-and-large, pundits looked passed all of this bad news and continued to focus on the trade deal. As Peter pointed out, the trade deal seems to have become the economy’s white knight.

“Everybody is just ignoring these numbers because they are just blindly optimistic either they think it’s going to be this great trade deal or just because they’re so convinced. Everybody, Republicans, in particular, have convinced themselves that this is a great economy, this is a booming economy, and it’s their fault. It’s more wishful thinking.”

Peter said they are not looking at reality.

Speaking of reality, the February jobs report came in way below expectation. The estimate was for about 181,000 new jobs. It was the fewest job gains since September 2017 when major hurricanes temporarily curtailed employment.

Wage rates are up, but as Peter noted, there are two sides to that coin. From the employer’s perspective, this isn’t good news because it’s just another added cost. He pointed out that Whole Foods committed to paying all of its employees $15 per hour, but the company recently announced it was cutting hours. So, employees could actually end up taking home less pay despite the increase in their hourly wage.

Peter said he thinks the next step will be layoffs.

“Because as it becomes more expensive to keep your workers, well, then you fire your workers. I mean, employers will look for ways to reduce their overhead.”

Peter said this is a hint of stagflation. This is how it looks.

“Wages could be going up, but that doesn’t mean employment is going up. Employment can be going down as wages are going up, and so what good is a higher wage if you’re not earning it?”

Peter also talked about gold. The yellow metal has rallied after its recent correction. Peter said that it is going to go a lot higher.

“The reason it hasn’t already gone higher is because people still don’t understand the situation that we are in. In fact, I don’t think I’ve ever seen people more clueless, more oblivious to a problem than they are now.”

Just because we haven’t had a crisis yet doesn’t mean one isn’t on the horizon. Sometimes you can underestimate how long it’s going to take. Peter used a dam as an analogy. What if you think it’s going to break so you don’t want to build your house under it. People may make fun of you and say, “It’s fine. Stop worrying.” And then they start building there. The community grows. Years go by and nothing happens. Then, 15, 20 years later, the dam breaks and the community gets wiped out.

“It turns out I was right. I was just early. But if I built my house someplace else, I didn’t get wiped out. Maybe it seemed like I was wrong because for a while what I was warning about didn’t happen because I underestimated how long it would take the dam to break. But the fact of the matter is it broke.”

We need to look beneath the surface. We have to take into account sound economic theory.

“We had an orgy on debt. We have destroyed the economic foundations of this country. We have hollowed out our industrial base. There have been real problems that have been growing beneath the surface as a result of these budget deficits and trade deficits that everybody have been ignoring because they are focusing on the wrong thing.”

Paul Joseph Watson reveals that the Basilica of Saint-Denis was heavily damaged in Paris by vandals in one of the city’s suburban “no-go” zones where primarily Muslim migrants are held by the government.

Source: InfoWars

Democratic 2020 U.S. presidential candidate and U.S. Senator Elizabeth Warren (D-MA) arrives at a Senate hearing on Capitol Hill in Washington
FILE PHOTO: Democratic 2020 U.S. presidential candidate and U.S. Senator Elizabeth Warren (D-MA) arrives a Senate Banking and Housing and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to Congress” on Capitol Hill in Washington, U.S., February 26, 2019. REUTERS/Jim Young

March 8, 2019

By Diane Bartz

(Reuters) – Senator Elizabeth Warren vowed on Friday to break up Amazon.com Inc, Alphabet Inc’s Google and Facebook Inc if elected U.S. president to promote competition in the tech sector.

Warren, who is seeking to stand out in a crowded field of presidential candidates, said in a blog post that on their way to the top, the big tech companies purchased a long list of potential competitors, like Facebook’s acquisition of Instagram.

“They’ve bulldozed competition, used our private information for profit, and tilted the playing field against everyone else. And in the process, they have hurt small businesses and stifled innovation,” Warren wrote.

Warren said that she would nominate regulators who would unwind acquisitions such as Facebook’s deals for WhatsApp and Instagram, Amazon’s deals for Whole Foods and Zappos, and Google’s purchases of Waze, Nest and DoubleClick.

Investors shrugged off her comments, with shares in the three companies barely affected. Shares of Facebook and Alphabet were each down less than 0.5 percent on Friday. Amazon.com was down 0.9 percent.

It is rare for the government to seek to undo a consummated deal.

The most famous case in recent memory is the government’s effort to break up Microsoft. The Justice Department won a preliminary victory in 2000 but was reversed on appeal. The case settled with Microsoft intact.

Warren also proposed legislation that would require tech companies like Google and Amazon who offer an online marketplace or exchange to refrain from competing on their own platform. This would, for example, forbid Amazon from selling on its own Amazon Marketplace platform.

Amazon and Google did not immediately respond to requests for comment. Facebook declined to comment.

TECH UNDER FIRE

The tech companies have come under fire because of their role in displacing existing businesses. Amazon has replaced brick and mortar stores and has been criticized for its poorly-paid warehouse workers.

Facebook has angered lawmakers for losing track of users’ data and for not doing more to stop foreign meddling in the 2016 U.S. presidential election. Google has clashed with smaller companies, like Yelp, over search placements and has raised concerns it would comply with China’s internet censorship and surveillance policies if it re-enters the Asian nation’s search engine market.

Congress held a series of hearings last year looking at the dominance of major tech companies.

NetChoice, an e-commerce trade group whose members include Facebook and Google, said Warren’s plan would lead to higher prices.

“Sen. Warren is wrong in her assertion that tech markets lack competition. Never before have consumers and workers had more access to goods, services, and opportunities online,” said Carl Szabo, vice president and general counsel for NetChoice.

Public Knowledge, a tech policy group, called Warren’s plan a step toward protecting the next generation of businesses but stopped short of a full-throated support for breaking up the tech giants.

“We need legislation specifically targeted to enhance competition on digital platforms so that there is a real opportunity for new, innovative competitors to succeed,” said Charlotte Slaiman, the group’s policy counsel.

Tech expert Tim Wu, who coined the term “net neutrality” and has warned against an economy dominated by a few giant firms, tweeted that it was “heartening” to see the idea of breaking up the tech giants gaining some traction.

Tech companies are some of the biggest political donors. Google spent $21 million to lobby in 2018 while Amazon spent $14.2 million and Facebook spent $12.62 million, according to their filings to U.S. Congress.

Angering a deep-pocketed industry could hurt Democrats.

Warren made her political mark by going after big banks after the 2007-2009 financial crisis. In the Senate, Warren continues to be an outspoken critic of Wall Street and is a leader of her party’s progressive wing.

Other candidates have also criticized the tech firms.

Senator Amy Klobuchar of Minnesota used her presidential campaign launch speech to vow action on digital issues like privacy, saying “big tech companies” misuse personal data.

Vermont’s Bernie Sanders, another presidential candidate, in 2018 even named a bill after Amazon founder Jeff Bezos, the Stop BEZOS Act, which would tax big companies if their employees receive public benefits.

(Reporting by Diane Bartz; Editing by Meredith Mazzilli and Nick Zieminski)

Source: OANN


Current track

Title

Artist