The large tech companies have gotten too big and too powerful.Thanks for reading YOU'RE PROBABLY GETTING SCREWED! Subscribe for free to receive new posts and support my work. Last year, 56% of the US e-commerce went through Amazon. More than 70% of all Internet referral traffic goes through sites owned or operated by Google or  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌
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Welcome to You’re Probably Getting Screwed, a weekly newsletter and video series from COURIER Newsroom and J.D. Scholten about how and why bad actors put politics and profits over working people.

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You're Probably Getting Screwed By Big Tech

J.D. Scholten
Sep 16
 
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The large tech companies have gotten too big and too powerful.

Thanks for reading YOU'RE PROBABLY GETTING SCREWED! Subscribe for free to receive new posts and support my work.

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Last year, 56% of the US e-commerce went through Amazon.

More than 70% of all Internet referral traffic goes through sites owned or operated by Google or Meta (the name of Facebook’s recent re-brand).

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You’re probably getting screwed by Big Tech. @JDScholten breaks down why, as a nation by and for the people, we need to break up Big Tech.
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September 16th 2022

These companies are so big that Meta CEO Mark Zuckerberg has said “In a lot of ways Facebook is more like a government than a traditional company.”

These huge corporations spend millions on public relations to point out the “good” they do. 

But we also know that Facebook has been harmful to children and is damaging our democracy.

We know Amazon exploits and undermines small businesses.

And we know that Google is destroying the local newspapers industry.

So what can we do?

Well, President Biden has called to ‘remove’ Section 230 liability shield on these corporations. That means these platforms will be liable for the content that is on them. Ultimately, President Biden can’t do it alone, he needs Congress to enact.

That’s why the battle for the American Innovation and Choice Online Act is important. This piece of legislation ​​has advanced further than any US legislative effort to address the market power of some of the world’s richest companies.

How scared is Big Tech from this bill passing? Well they’ve spent $95 million trying to defeat it.

In order to have a nation of the people, by the people and for the people, we need to break up Big Tech. Until then, America and Americans will continue to get screwed.

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YOU’RE PROBABLY (ALSO) GETTING SCREWED BY:

BANK MERGERS

According to the American Economic Liberties Project, bank mergers tend to be bad for everyone who isn’t a bank executive. But since 2006, the Fed has rubber-stamped nearly every bank merger put in front of them. (More than 3,500!!). 

Michael Barr, the Fed’s vice chair for supervision, said in his first major speech since taking office in July that reviewing the central bank’s process for approving combinations was one of his priorities.

INFLATION

More Perfect Union tells us that more higher income families are moving to shop at Dollar General and Walmarts. As this shift occurs, these chains are aware and charging more.

Also, Dollar General is not a “discount” store.

And if you’re looking for a low wage job that’s dangerous, Dollar General is hiring…

Twitter avatar for @MorePerfectUSMore Perfect Union @MorePerfectUS
Dollar stores were robbed at gunpoint more days than they weren't last month. Dollar store workers make just about $18K per year. They're some of the lowest paid workers in the U.S.
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September 10th 2022

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HEALTHCARE IN AMERICA - LIFE EXPECTANCY

China's life expectancy is now higher than that of the US!!! With the latest decline, US life expectancy is now at its lowest since 1996! 

***If you have a healthcare story or see a healthcare story posted on social media that needs more attention, please comment below and we will reach out. 

BEFORE YOU GO

Before you go, I need two things from you: 1) if you like something, please share it on social media or the next time you have coffee with a friend. 2) Ideas, if you have any ideas for future newsletter content please comment below. Thank you.

Standing Tall for All,

J.D. Scholten


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