#amway — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #amway, aggregated by home.social.
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📸 Photo Credit: Ara Pureco
#Amway #AmwayLife #XSNation
https://www.amway.ca/myshop/NakitaAllen -
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The wealth of #Betsy #DeVos,
by contrast, comes from a simpler operation:
the marketing of what some have called a pyramid scheme that goes by the brand name #Amway.Founded by her father-in-law in 1959, Amway distributes home products like dish soap and cosmetics through a network of home-based sellers
who are pressured to recruit more sellers in order to earn a bonus on the amount of product the distributor would then sell wholesale to the recruit.
That recruit would also be a distributor, looking for recruits of his or her own, in order to sell more products wholesale in order to get that bonus.Note the emphasis on recruitment and bonuses rather than the direct-selling to retail customers,
who, in the end, were the ones for whom Amway products were ostensibly intended.In the business press, Amway is often described as a “multilevel marketing company.”
In the 1970s, the Federal Trade Commission described its business model as
an “inherent fraud,” as historian Rick Perlstein reported in The Nation,
and tried to shut the company down.
The FTC failed in that effort, but did issue orders in 1979 slapping Amway for price-fixing and misrepresenting the kind of money distributors could expect to make.
In fact, Amway was made to tell distributors that they could wind up losing money.Three decades later, in 2010, a class action lawsuit by former sellers (um, “distributors”) alleging Amway’s engagement in an “illegal scheme” was settled out of court.
According to USA Today, Amway agreed to pay $55 million to former distributors,
closely oversee high-level distributors who run training businesses,
strengthen refund policies
and make other changes estimated to cost an additional $100 million.In Forbes’ 2016 listing of “America’s Largest Private Companies,” Amway clocks in at number twenty-nine.
The education secretary, née Elisabeth Prince, did not come into the DeVos family empty-handed.
Her own family of origin, while not as wealthy as her husband’s, was quite well-to-do through her father’s enterprise, 💥Prince Corporation💥, itself a privately held company until Johnson Controls bought it for $1.3 billion in cash in 1996.Founder #Edgar #Prince, seeking to change the political culture to more closely resemble his own heartless Calvinism,
donated, according to Zack Stanton of Politico, “millions in seed funding to launch the
💥Family Research Council,”
the right-wing organization that represents and organizes politically conservative evangelical Christians,
and was famously designated an anti-LGBT hate group by the Southern Poverty Law Center.Prince’s son, #Erik, used his windfall to found #Blackwater, the military contractor that went on to infamy when, in 2007,
its mercenaries gunned down civilians in a Baghdad city square.
Four Blackwater contractors were convicted in 2014 of killing fourteen unarmed Iraqis “in what prosecutors called a wartime atrocity,” according to the New York Times.
Blackwater, since sold and renamed #Academi, was also privately held.
It enjoyed more than $1 billion in government contracts.
In 2010, according to the Washington Post,Prince moved to the United Arab Emirates “amid mounting legal problems for his American business.”
Both the #Mercers and the #DeVoses pour millions into the political system.
You can bet they plan to run the country the same way they have run their companies: using shell games and pyramid schemes, fraud and shakedown.According to The New Yorker’s Jane Mayer, #Robert #Mercer “gave $22.5 million in disclosed donations to Republican candidates and to political-action committees” to influence the outcome of the 2016 presidential election.
And that doesn’t include possible donations to nonprofit advocacy groups, now allowed,
since the 2010 Supreme Court decision in Citizens United v. FEC,
to conduct advertising for and against political candidates.But unlike PACs, these nonprofits
—classified as “social welfare” groups
—are not required to disclose their donors.Politico’s Stanton reports that Betsy and Dick DeVos pretty much own Michigan politics,
having spent “at least $100 million on political campaigns and causes over the past 20 years.”
The DeVoses used political giving and influence to cut funding to public schools and pave the way for a large influx of charter schools,
and to see Michigan, home to the once-mighty United Auto Workers,
turned into a so-called right-to-work state,
an anti-union designation that translates into greater workplace control for business bosses, but few rights for the bossed -
As Military Contractors Face Scrutiny; A Look at Erik Prince's Controversial 'Blackwater Worldwide'
Story by Rishitha Boddu, December 2, 2023
"Erik Prince is an American businessman and former US Navy SEAL whose net worth is estimated at a substantial $2 billion dollars. He is known for founding and owning the military contractor XE, widely recognized as #BlackwaterWorldwide, a company that engaged in #covert government operations. However, this enterprise faced intense scrutiny for #HumanRights violations in 2007, leading to Erik's decision to step down as its leader in 2009. But even before Blackwater, a significant portion of Prince's wealth is derived from his family's automotive accessory empire, established by his father.
"Established in 1997, Blackwater holds the distinction of being the largest private military company globally. Notably, it has been awarded more than $1.6 billion in federal contracts. Moreover, the company is reported to have secured classified contracts from the Central Intelligence Agency (#CIA) amounting to a staggering $600 million since 2001. Following Erik's departure, Blackwater underwent a change in ownership, with a group of investors acquiring it in 2010, before rebranding it as Academi in 2011. In 2013, Erik Prince authored the book 'Civilian Warriors: The Inside Story of Blackwater and the Unsung Heroes of the War on Terror,' shedding light on the company's inner workings.
"Blackwater, a private military and security company founded by Erik Prince in 1997, emerged as a major player during the #IraqWar. The company secured contracts to provide security services to various U.S. government agencies, making it an essential part of the U.S. military presence in Iraq. Blackwater's involvement in the Iraq war, including the killing of civilians, brought it to the forefront of public scrutiny and controversy.
"Blackwater and Erik Prince faced numerous allegations of war crimes and misconduct during the Iraq war. The most infamous incident was the #NisourSquare massacre in 2007, where Blackwater personnel were involved in a shooting that resulted in the deaths of seventeen Iraqi civilians.
"The Nisour Square incident was a turning point, as it raised questions about the behavior of private military contractors in a war zone. It prompted further investigations into the conduct of Blackwater and its personnel, ultimately contributing to a tarnished reputation.
"Amid mounting legal challenges and heightened scrutiny, Erik Prince chose to step down from his role as the CEO of Blackwater in 2009. The controversy surrounding Blackwater's activities in Iraq and its reputation became increasingly untenable, and Prince sold the company.
"Prince's resignation was seen as a strategic move to distance himself from the crimes at Blackwater. While it marked his exit from the company he founded, it did not shield him from ongoing legal battles and public attention.
"In sworn statements submitted as part of the case, former Blackwater employees made explosive allegations, including claims that Prince may have been involved in the murder of individuals cooperating with federal authorities investigating the company.
"These individuals also alleged that Blackwater was engaged in smuggling weapons into Iraq and that Erik Prince, in their view, perceived himself as a '#ChristianCrusader' with a mission to eliminate Muslims and Islam. These allegations fueled the already raging controversy surrounding Prince and his companies.
"The fraud case and the allegations against Erik Prince and Blackwater have continued to generate public and legal scrutiny. This ongoing legal battle has kept the controversies alive, ensuring that Prince remains a figure of interest and concern."
https://marketrealist.com/blackwater-and-erik-prince/
#ErikPrince #Blackwater #Academi #Xe #NoDAPL #ClimateProtestors #TigerSwan #WaterProtectors #WarCrimes #IraqiCivilians #Warmonger #BigOilAndGas #BetsyDevos #Amway #ChristianRight #Fascism
#ErikPrinceColonialism #CorporateColonialism #USPol #WorldPol -
Skeptoid #95: Bend Over and Own Your Own Business by Brian Dunning #businessopportunity #multilevelmarketing #mlm #amway #SkeptoidPodcast #podcast #bot If someone wants you to be their salesperson and is calling it a "business opportunity", be very skeptical.
https://skeptoid.com/episodes/4095
