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Federal National Mortgage Association Message Board

db69023 2 posts  |  Last Activity: Oct 24, 2014 8:32 PM Member since: Aug 2, 2010
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  • Reply to

    AMZN is fraud.

    by geegenjar Oct 24, 2014 3:49 PM
    db69023 db69023 Oct 24, 2014 8:32 PM Flag

    Great point.
    But, I hope you are not saying that bricks and mortar businesses do not cheat Governments on taxes. Competition is what drives capitalism. That's what capitalism is all about. No matter which corner of the world one comes from or which religion or race one comes from, one can still be successful by one's own virtue.
    Does Jeff Bezos have problems showing profits - No, because may be he believes in investing to compete.
    The first version of fire phone may not be as great as it was touted to be - but, Apple is not an easy company to compete with. But, he dared.

  • Reply to

    AMZN is fraud.

    by geegenjar Oct 24, 2014 3:49 PM
    db69023 db69023 Oct 24, 2014 6:14 PM Flag

    Sorry, I do not attest to this theory, although it sounds good.
    I think Jeff Bezos is a gutsy and honest man. I realize the angst here among the traders, but I think the long term investors like the fun here (I am not one).
    Come on, he started from selling books (great idea) to making Kindle and on to so many other things that included Washington post (the oldest extant newspaper in America).

FNMA.OB
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