May 182011
 

The CO Internet registry released a press release stating that the greatest store on earth, Amazon, has acquired some key CO domains. The online giant recently added:

    A.CO
    K.CO
    Z.CO
    CLOUD.CO

Now Amazon can truly say that they have everything from A to Z in stock, however I am very curious to see what they plan on doing with these domains. Most people think that the 3 single letter co domains will be used as shortcuts to their respected pages – A.CO = Amazon.com K.CO = Kindle Z.CO = Zappos. I am HOPING that Amazon takes cloud.co and develops it.

Amounts were not disclosed on purchase prices, however these 4 domains could easily have been acquired for as much as 7 figures. According to the CO Internet registry:

    While the terms of the acquisition will remain confidential, Amazon.com will join the ranks of other leading online businesses, brands and entrepreneurs that are using .CO domain names to more easily connect, communicate and engage with the world of mobile and socially connected consumers, including, among others, Twitter, Politico, GoDaddy and Overstock (which, of particular note, recently rebranded its international business from Overstock.com to O.CO).

The press release also mentions that there are nearly 1 million registered CO domains to date, however they still won’t budge on actual registration numbers. I am sure that we will see 1 million registered CO domains by Thanksgiving.

Mar 112011
 

For those of us who have an amazon associates account and live in Illinois, we will no longer be allowed to participate in the program. I knew that it was only a matter of time before this law was signed and passed.

Governor Pat Quinn signed a bill forcing companies like Amazon and Overstock to collect 6.25% tax on their sales from affiliates living in Illinois. I am so sick and tired of this crooked ass state. I usually don’t like bitching and moaning but how much more can the people of Illinois take? Just a few months ago, the state tax was raised over 75% so the state can make even more money than it already does. Here is the email that Amazon just sent:

    Hello,
    For well over a decade, the Amazon Associates Program has worked with thousands of Illinois residents. Unfortunately, a new state tax law signed by Governor Quinn compels us to terminate this program for Illinois-based participants. It specifically imposes the collection of taxes from consumers on sales by online retailers – including but not limited to those referred by Illinois-based affiliates like you – even if those retailers have no physical presence in the state.

    We had opposed this new tax law because it is unconstitutional and counterproductive. It was supported by national retailing chains, most of which are based outside Illinois, that seek to harm the affiliate advertising programs of their competitors. Similar legislation in other states has led to job and income losses, and little, if any, new tax revenue. We deeply regret that its enactment forces this action.

    As a result of the new law, contracts with all Illinois affiliates of the Amazon Associates Program will be terminated and those Illinois residents will no longer receive advertising fees for sales referred to Amazon.com, Endless.com, or SmallParts.com. Please be assured that all qualifying advertising fees earned prior to April 15, 2011 will be processed and paid in full in accordance with the regular payment schedule. Based on your account closure date of April 15, 2011, any final payments will be paid by July 1, 2011.

    You are receiving this email because our records indicate that you are a resident of Illinois. If you are not currently a permanent resident of Illinois, or if you are relocating to another state in the near future, you can manage the details of your Associates account here. And if you relocate to another state after April 15, please contact us for reinstatement into the Amazon Associates Program.

    To be clear, this development will only impact our ability to continue the Associates Program in Illinois, and will not affect the ability of Illinois residents to purchase online at www.amazon.com from Amazon’s retail business.

    We have enjoyed working with you and other Illinois-based participants in the Amazon Associates Program and, if this situation is rectified, would very much welcome the opportunity to re-open our Associates Program to Illinois residents.

    Regards,

    The Amazon Associates Team

Am I the only one who wishes Rod Blagoveich was still the governor? At least when he was in office, shit was getting done. So what if the guy took some money under the table to do certain tasks – at least he wasn’t trying to screw over EACH and EVERY resident of Illinois.

Jan 072011
 

As if living in one of the most corrupt cities in the nation was not bad enough, now our friendly government has a “nicer” way of sticking a steak knife into our hearts and turining it 90 degrees clockwise. The only thing that is good about living in this city is the fact that we have nice summers. That’s about it – the entire city is corrupt and always finding more bullshit ways to stick their fingers into the tax payers dollar.

So here is a breakdown of this ridiculous law. If you bought ANYTHING online from 2004-2010 from Amazon – basically any online store – you now have the JOYOUS opportunity to pay BACK TAXES on all those items. Here is an excerpt taken from wbez:

    “Starting Jan. 1 a new amnesty program will allow customers to pay sales taxes on past online purchases without penalty.

    Mike Clemons is a spokesman for the Department of Revenue. He said the program is one way to educate customers but it falls short of necessary reform.

    “The only way to run an efficient and effective system is for a federal law change that says, ‘Amazon.com and other internet online retailers: When you sell to a customer in Illinois you have to charge tax, collect it from the customer and send it to the Department of Revenue,” he said.

    Clemons said those who take advantage of the amnesty will avoid penalties of 20 percent, plus interest on taxes owed. Research by the Illinois Department of Revenue shows losses of up to $150 million a year in revenue from internet commerce.

    The amnesty program is part of a bill signed into law by Gov. Pat Quinn. The amnesty applies to online purchases made between 2004 and 2010.

Can SOMEONE please tell me how this is legal? How can the government charge back taxes on items I bought in 2004 – let alone 2 years ago. This is complete bullshit and I HOPE this doesnt get passed.

As if this werent bad enough, I got an email from Amazon last night – and this is what it said:

    Greetings from the Amazon Associates Program:
    We regret to inform you that the Illinois state legislature has passed an unconstitutional tax collection scheme that, if signed by Governor Quinn, would leave Amazon.com little choice but to end its relationships with Illinois-based Associates. You are receiving this email because our records indicate that you are a resident of Illinois. If our records are incorrect, you can manage the details of your Associates account here.

    Please note that this not an immediate termination notice and you are still a valued participant in the Amazon Associates Program. But if the governor signs this bill, we will need to terminate the participation of all Illinois residents in the Associates Program. After that point, we will no longer pay any advertising fees for sales referred to amazon.com, endless.com and smallparts.com nor will we accept new applications for the Associates Program from Illinois residents.

    The unfortunate consequences of this legislation on Illinois residents like you were explained to the legislature, including Senate and House leadership, as well as to the governor’s staff.

    Over a dozen other states have considered essentially identical legislation but have rejected these proposals largely because of the adverse impact on their states’ residents.

    Governor Quinn’s office may be reached here.

    We thank you for being part of the Amazon Associates Program, and wish you continued success in the future.

    Sincerely,
    Amazon.com

    So I STRONGLY suggest that you contact Gov. Quinns office and let him know what you think about this proposed law.

    Here are some other articles related to this stupid proposed tax law. Journal Standard, Northwest Innovation

Nov 272010
 

I hate to admit it, but this product came out of left field. I knew that Microsoft was releasing a brand new innovative product – the KINECT Buy Sold Out Xbox Kinect At Retail Price but I had no idea that this product was going to be an instant sell out just across every store! I should have seen the signs : tons of commercials, great advertising, and Xbox even changed the entire Xbox Live setup dedicated to the Kinect.

Just one day after Black Friday, and the Kinect is SOLD OUT. MSRP is $150 and it easily sells for $200 – a $50 profit, which is not bad considering I didn’t even think this would sell out. However, there is still some luck left for those of you who want to acquire one. It won’t be easy, but it can be done.

Head on over to Kinect’s Amazon page Buy Sold Out Xbox Kinect At Retail Price, and add this to your wishlist and shopping cart. I also strongly suggest checking amazon daily or even a couple of times a day in case this item becomes available. This is going to be this years best seller. There are also some great bundle packages that contain the kinect. Luckily I snagged a Xbox 360 4GB Console with Kinect Buy Sold Out Xbox Kinect At Retail Price and it immediately sold out. There is also a Xbox 360 4GB Console with Kinect Buy Sold Out Xbox Kinect At Retail Price.

These are all currently sold out, but will become available soon. Good luck with the search – with some patience it can be done!

Keep your eyes peeled on these:




Nov 222010
 

Who needs to wait till BLACK FRIDAY before getting great deals?? Not me and neither does Amazon. Their Black Friday sales are going on right now – November 22, 2010!

I strongly suggest checking back very often – Amazon always has some great deals – deals that have made me hundreds of dollars in the past! Check out what they ave for sale!

BLACK FRIDAY DEALS! AMAZON Black Friday SALE Starts Now