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FedEx responds to The New York Times article from Nov. 17, 2019

about.van.fedex.com

151–160 of 321 posts

Re: FedEx responds to The New York Times article from Nov. 17, 2019

#151
post #25

This is stupid. The NY Times, as a business, wasn't a subject of the article. It's not a competition between a media company and a shipping company. It's a piece of journalism. Either that journalism is accurate or it isn't. If it's wrong they should issue a correction, or review how it could be misleading or slanted and offer an alternate perspective. If it's correct they should stand by it. In no event does the wri…

It's an interesting example of the recent shift in public discourse from being focused on truth to being focused on power . All speech has both subjective emotive content ("power") and objective factual content ("truth"), and the interplay between them is part of what makes speech effective. In times of hegemony, though, the "power" content of speech is downplayed. Power relations within society are taken for granted…

> It's an interesting example of the recent shift in public discourse from being focused on truth to being focused on power.

I'd go farther and say that it is disheartening. It also seems to be completely aligned with the post-modernist way of evaluating/describing the world.

Re: FedEx responds to The New York Times article from Nov. 17, 2019

#152
post #25

This is stupid. The NY Times, as a business, wasn't a subject of the article. It's not a competition between a media company and a shipping company. It's a piece of journalism. Either that journalism is accurate or it isn't. If it's wrong they should issue a correction, or review how it could be misleading or slanted and offer an alternate perspective. If it's correct they should stand by it. In no event does the wri…

People have learned from the current political environment that it is trivial to manipulate the public zeitgeist by howling like a demented monkey.

Re: FedEx responds to The New York Times article from Nov. 17, 2019

#153
post #71

Earlier quoted context omitted.

Wow, that's not at all what I'm saying. Believe me, I am STRONGLY in the camp of "these goddamn companies need to be held accountable for their tax dodging." However, you can't change the _fact_ that what they're doing is "legal." The issue is with federal tax policy that needs to be changed. I'm talking about the nature of calling bullshit on what companies do to their face, rather than PR firms talking to each othe…

It would continue to seem like the argument here is that we should want corporations to rebut NYT articles in a public forum, which I continue to disagree with, regardless of what the argument is. While we should hold the "truth" to account, open debate cannot be the way to deal with this at every impasse. FedEx is more than welcome to write an article, post a video, or do anything else to rebut the article published…

Point taken, assuming your point is that, given there is a debate to be had, maybe the other side of it isn’t necessarily a journalistic entity maybe?

Re: FedEx responds to The New York Times article from Nov. 17, 2019

#154

Sounds like FedEx wants a public forum to push Reaganonmics. Arguing for trickle-down theory is a bad look, FedEx. 'Creating jobs' is not an excuse for skipping out on taxes. You invest to grow your business but you still need to pay taxes. If I invest all of my money in a house I create, at least temporary, jobs. I push a bunch of cash through the economy in taxes, fees to a number of services, etc. I would have inv…

Should I then get to skip paying taxes for one or more years? - Yes and you do. You get a tax credit on interest paid and many new build come with tax abatement to encourage investment opportunities

Re: FedEx responds to The New York Times article from Nov. 17, 2019

#155
post #25

This is stupid. The NY Times, as a business, wasn't a subject of the article. It's not a competition between a media company and a shipping company. It's a piece of journalism. Either that journalism is accurate or it isn't. If it's wrong they should issue a correction, or review how it could be misleading or slanted and offer an alternate perspective. If it's correct they should stand by it. In no event does the wri…

The NYT is a business supported by employing authors to write articles and sell advertisements to people who want to read those articles. To claim that NYT as a business has nothing at all to do with it's product, that it payed to create, curate and publish is clearly nonsense.

Re: FedEx responds to The New York Times article from Nov. 17, 2019

#156
post #61
post #20

This statement is a farce. They claim the story is factually incorrect, but provide no corrections. They point out the NYT does the same thing, but that does not contradict anything in the NYT article, and has no bearing on what they did. Finally, they yell "debate me!" but rather than proposing a debate on the facts in dispute, instead want to debate federal tax policy which neither controls.

They claim the story is factually incorrect, but provide no corrections. There were two claims in the NY Times story: 1) FedEx paid $0 in tax 2) FedEx "has not made good on its promised investment surge" In response, FedEx wrote in their statement: 1) our billions of dollars of tax payments whereby they dispute paying $0 in taxes 2) $6 billion of capital that FedEx invested in the U.S. economy This directly contradic…

> has not made good on its promised investment surge

I am trying to find where they promised this but can't find anything on google.

anyone have something on this?

Re: FedEx responds to The New York Times article from Nov. 17, 2019

#157

Earlier quoted context omitted.

The writing of a journalist employed by the NYT, edited by an editor employed by the NYT, for publication in a newspaper sold by the NYT for profit is every bit as much a commercial activity as FedEx delivering packages. In this case the NYT has a target market that is reflexively skeptical of businesses and commercial activity so it is useful for them to obscure what they are doing. The fact remains that the NYT is…

>the NYT is a business primarily focused on seeking profit, no different from FedEx That is incorrect, albeit precisely what FedEx (and many other subjects of investigative journalism) would like us to believe. When "all news is fake news" becomes widespread public perception, that public is doomed to authoritarian rule, most likely by leaders backed by the business elite.

I believe the charge was against mainstream media not all news.

Re: FedEx responds to The New York Times article from Nov. 17, 2019

#158

Earlier quoted context omitted.

I think it's a great statement. They aren't disputing the facts. Fedex is disputing that cutting taxes is a bad thing and is saying lets talk about it. EDIT: and as you pointed out Fedex is just following fed tax policy that it doesn't control.

> Fedex is just following fed tax policy that it doesn't control. Perhaps not individually, but a thrust of the article is that these large corporations pay huge amounts to lobbyists to bend tax policy in their favor.

wondering why they singled out some companies though?

> ese large corporations pay huge amounts to lobbyists to bend tax policy in their favor.

Do we have a way to know if fedex did this?

Re: FedEx responds to The New York Times article from Nov. 17, 2019

#159
post #81

Earlier quoted context omitted.

Corrections don’t sell papers...err get clicks. They also don’t evolve the narrative. Fedex isn’t just challenging the facts. They are challenging the underlying premise that corporations are a net negative on society. I think it would be fascinating to see an actual debate by folks that aren’t politicians, but are willing to put their public reputation on the line.

The Times newsroom doesn't posit premises (and certainly not the one you suggest) or debate tax policy, it reports facts. I find the ignorance on the basics of journalism and its role in American society on hacker news to be shocking and embarrassing.

No person/group/company is ever perfect. Always be skeptical of everything. Here's a humorous mistake where the Times created inception-esque corrections: https://slate.com/news-and-politics/2016/09/new-york-times-a...

Re: FedEx responds to The New York Times article from Nov. 17, 2019

#160
post #61

Earlier quoted context omitted.

They claim the story is factually incorrect, but provide no corrections. There were two claims in the NY Times story: 1) FedEx paid $0 in tax 2) FedEx "has not made good on its promised investment surge" In response, FedEx wrote in their statement: 1) our billions of dollars of tax payments whereby they dispute paying $0 in taxes 2) $6 billion of capital that FedEx invested in the U.S. economy This directly contradic…

> has not made good on its promised investment surge I am trying to find where they promised this but can't find anything on google. anyone have something on this?

It was in this radio show, but I'm not gonna hunt for the time code:

https://about.van.fedex.com/point-of-view/policy-perspective...

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