Sunday, May 17, 2020

Billionaires Make Own Rules

 
Billionaires Jeff Bezos and Elon Musk are apparently above the law.  Bezos refused to testify before Congress while Musk opened his California Tesla plant in violation of state lock-down orders and county public health rules.

On May 1, 2020 the House Judiciary Committee issued a press release:

House Judiciary Committee Chairman Jerrold Nadler (D-NY), Antitrust Subcommittee Chairman David N. Cicilline (D-RI), Subcommittee Ranking Member F. James Sensenbrenner (R-WI), Subcommittee Vice Chairman Joe Neguse (D-CO), Representative Pramila Jayapal (D-WA), Representative Ken Buck (R-CO), and Representative Matt Gaetz (R-FL) sent a letter to Jeff Bezos, the CEO and Founder of Amazon, calling on him to appear before the Committee to testify about competition concerns relating to Amazon's business practices.
 Yahoo News reported on May 15th:
Amazon.com Inc said on Friday it would make an "appropriate" executive available to the U.S. House of Representatives Judiciary Committee to testify about allegations related to how the company uses third-party sellers' data.

Wealthy executives and celebrities can continue flying private jets thanks to $27 million in government funds, a grant that does not need to be repaid.  Its founder donated to President Trump's campaign.

Update 10-25-23:  A Bono, Bezos, Gates company intended to revolutionize trucking may be going under.  Convoy will "shut down core business operations immediately while some staff would be retained to wind down operations and for potential future strategic options."