Online auction industry news leader AuctionBytes is reporting that "The E-Fencing Enforcement Act of 2008 was introduced into the House of Representatives last week, and if passed, would require online auction sites like eBay to retain information about high-volume sellers and provide that information to retailers and to law enforcement officials in cases where police reports have been filed." (Rest of that short report here)
Obviously this is a step in the right direction, and should be viewed as potentially a huge victory for both consumers, (both online and in the "Real World") as well as our retailers, whom, according the the "E-Fencing" video from msnbc, lose huge amounts each and every day to organized shoplifting crime rings. Their favored outlet, ebay, is widely known and recognized as "The World's Largest Online Crime Ring" It is stated in that msnbc video report that ebay is helping to fuel a 37 BILLION Dollar a year industry. (At the time that was aired... Guess who pays for all that?)
My question... What does ebay do with their share?
BTW, That full-length msnbc E-Fencing video used to be on the youtube, but was mysteriously made unavailable. There is a shorter version still available here.
I have that original /- 10 minute report in my archives, and if anyone wishes to view that, I shall make it available for their personal viewing. Please leave a comment here below, or visit the CAPP forum, and send me a personal message
My sentiments... If you support and condone organized crime, then use ebay. If you are against such things, then Boycott ebay and PayPal!
Now stealing some wisdom from before my time and applying to this situation...
Don't need to be a weatherman to see which way the wind blows...