Wall Street Didn’t Start This. I Did!

Amazon could pay for Kindle sales coyness

This is the latest in a sudden series of Amazon pile-on posts and MSM articles.

What made me laugh out loud was one MSM article ascribing all of this to “Wall Street.”

Bullshit.

I’ve been the only person to stand up and say Amazon is acting like Enron, like the sub-prime NINJA loan mortgage hustlers, like every other damned fraud that’s blown up big and publicly in the past two decades.

Wall Street was, as usual, fat and happy collecting its increased share prices — so why should any of them have wanted to rock that cozy boat in the sea of current financial uncertainty?

No other book, eBook, or publishing site has questioned Amazon. They’re all too busy being the tech gadget whores and whipped dogs they claim not to be.

Me, I’m beholden to no one and fear absolutely no company.

And let’s get something straight here: I have zero financial investments in any company.

My interest is to prevent writers from being bamboozled by a company that is already raping them with a reverse financial split of the one Apple offers in its App Store.

I don’t give a damn about anyone’s stock. I’m in this for my fellow writers. Even the ones who wish I would suddenly drop dead (the only way I’ll ever STFU).

— thanks to @mdash for the link

Previously here:

Is The Amazon Kindle An Outright Fraud?
FTC Wants Bloggers To Disclose: My Disclosure
A New Masthead

2 Responses to Wall Street Didn’t Start This. I Did!

  1. tinbox says:

    The Reuters link does not support your “massive fraud” claim. It merely rehashes points I made in comments several days ago–particularly the point that it is well known that Kindle sales are not significant to Amazon’s overall business at this time.

    This site is hardly the only anti-Kindle, anti-Amazon opinion outlet. Publishers have felt threatened by Amazon’s aggressive digital pricing and have been “pushing back,” trying to regain control of overall marketing, from the beginning of $9.99 pricing.

    It is not at all clear that incumbent print publishers have authors’ best interests at heart. Who, exactly, is Amazon “raping?” Who are these unfortunate, innocent souls and what are the dark methods Amazon uses? Don’t be shy, name names.

    • mikecane says:

      >>>This site is hardly the only anti-Kindle, anti-Amazon opinion outlet.

      And yet everyone is linking back to my post as the first one. Why is that?

      >>>Publishers have felt threatened by Amazon’s aggressive digital pricing and have been “pushing back,” trying to regain control of overall marketing, from the beginning of $9.99 pricing.

      That is an entirely separate issue. If Sony had gained the traction of Amazon, publishers would be wailing about them instead. A year from now they’ll be wailing about Apple.

      >>>It is not at all clear that incumbent print publishers have authors’ best interests at heart.

      Whoever said they did? Have you read any part of this blog aside from this post?

      >>>Who, exactly, is Amazon “raping?”

      Every imbecilic writer who has put their stuff up in the Kindle Store is who. Make a list of your own names.

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