Fri, 15 September 2017
Our FEATURE today focuses on the IT industry and specifically GOOGLE (Owned by Alphabet, Inc.) In just 21 years this Company has gained a monopoly status and dominance through its' Search Engine Optimization. It has complete control of your personal data including bank accounts, family names and addresses, phone and social security numbers, personal and business messages, retail purchases and virtually everything else. This data is mined for sale to advertisers without your knowledge. It is doing the same in the European Union and the EU has levied a fine of $2.9 billion for "abusing power of its' dominant search engine." It's quite possible that the US government will institute anti-trust charges against the Company as well as Amazon, Apple,Inc, and others. The American public has not grasped the significance of the totalitarian control over markets and people these companies employ and where it will lead us. Other topics include: Euphoria pushes the equity markets to new highs on the same day, the falling USD strangles the Chinese, median income rises but the numbers are flawed, Chuck Butler on the US debt bubble, Jaime Dimond panics, Qualcomm embarrasses Apple,Inc, Re-insurers on the hurricane hook and National Guardsman threatens to kill Mike Pence.
Direct download: TMB-17-09-15-google-has-monopoly-is-antitrust-looming.mp3
Category:News & Politics -- posted at: 9:03am PST