[meteorite-list] Ebays Buyer Protection is Guaranteed

From: Richard Montgomery <rickmont_at_meteoritecentral.com>
Date: Mon, 6 Sep 2010 19:59:59 -0700
Message-ID: <09FB1AD77D134FC08645F79207D28437_at_bosoheadPC>

We agree, Eric, on the point of adressing free flow of the market and
unfettered flow of choice in the marketplace. I'm pointing out the
vulnerabilities of all the stuff with which we all have a choice to
participate.

I'm wondering, about concerns for those of us with feedback positive
records? I'm always looking at the feedback numbers. Private sector business
works on the same principle. (Although, I'm looking at the potential
monopoly-aspects you suggest. Maybe this is when we separate our meteritic
passions from the always-looming and inevitable $$$ confusion that lurks
around the corner.)

One thing about my words....they are always concise. As to "what you're
saying is..." that's one of those rhetorical methods used sometimes, but
I'll always mention how inference isn't actual words. No worries.

Let's aim. Our focus should be on honesty in the marketplace. I think this
is what we are both pointing out.

(BTW, yes, I think the citizens should always be aware of a government's
attempt to prempt the private sector, and as such "fear" the degradation of
the knowledgle-of-the-population-in-general to recognize it's self
determination! But no, not a "fear" of the gov'ment, just a warning for us
all to be on guard.)

Back to the passion of meteorites.....................



----- Original Message -----
From: "Meteorites USA" <eric at meteoritesusa.com>
To: "Richard Montgomery" <rickmont at earthlink.net>
Cc: "'Meteorite-list List'" <meteorite-list at meteoritecentral.com>
Sent: Monday, September 06, 2010 7:16 PM
Subject: Re: [meteorite-list] Ebays Buyer Protection is Guaranteed


> Hi Richard, we're all accountable to the same government, including Ebay
> and Paypal. I'm for less government, but I'm also for freedom of speech
> and human rights as well. Some conflict of interest there huh? There must
> be a balance. Positive/negative, good/bad, light/dark... Ebay and Paypal's
> policy is not balanced between buyer and seller and themselves. Careful
> not to invite thugs from the gov? So you're saying the citizens of the USA
> should fear the government? The government exists for and by the people,
> or did I read the U.S. Constitution wrong? ;) Microsoft got taken to court
> for their anti-trust violations for creating a monopoly. The only reason
> there's no laws against what Paypal and Ebay are doing is because the laws
> haven't been written yet.
>
> I will agree. I love Ebay's marketplace, and Paypal's convenience. But I
> don't like it so much when they take my money without asking. There's a
> word for that.
>
> Eric
>
>
> On 9/6/2010 6:43 PM, Richard Montgomery wrote:
>> Eric...maybe a good thing we have paid our dues? Ebay, Paypal, all these
>> auction sites are private enterprises, hopefully not a dying entity.
>> Private enterprise should exist before intrusive action by a confiscatory
>> government and stupid-Congress crap restricts us forever. Good to
>> remember our status as private.
>>
>> Let's be careful not to invite even more thugs from the Gov'ment,
>> intruding further regs into our passion.
>>
>> One thing we should all be cautious of, the looming "AUDIT BY THE IRS"
>> question. We all claim our on-line sales....right? (ahem....)
>>
>>
>>
>> ----- Original Message ----- From: "Meteorites USA"
>> <eric at meteoritesusa.com>
>> To: <meteorite-list at meteoritecentral.com>
>> Sent: Monday, September 06, 2010 6:28 PM
>> Subject: Re: [meteorite-list] Ebays Buyer Protection is Guaranteed
>>
>>
>>> This crap by Paypal is something that should be illegal! it's true that
>>> sellers with less than 100 feedback will have their funds placed on
>>> hold. Do you have ANY idea how this "Buyer Protection" actually works
>>> logistically? Paypal places a hold on the funds of the seller for up to
>>> 21 days until the buyer receives their item and/or gives positive
>>> feedback. This means the seller is forced to not oly wait until the
>>> "buyer" decides to give feedback, but they also must dip into their own
>>> pocket to ship and item that the buyer is supposed to pay shipping for.
>>> Paypal and Ebay decided to "secure" the order with the sellers money to
>>> "protect the buyer". Paypal risks nothing, the buyer risks nothing, and
>>> the seller not only risks the cost of the item, they must now increase
>>> their overall costs to cover the extra shipping expenditures caused by
>>> these arbitrary holds on the funds. Meanwhile, during that 21 day
>>> period, Paypal is earning interest on that money. What of the earnings
>>> that Papal is making during that 21 day hold? How many millions of
>>> dollars from how many thousands of sellers is tied up during this time?
>>> Even 1/2 percent in interest on $1 Million over 21 days is $5000. Do
>>> sellers see any of those earnings? Nope. Paypal pockets this money and
>>> no one says a word. It should be illegal. It's a policy Paypal and Ebay
>>> have formed simply as a cash machine. Oh yeah, one more thing, does
>>> ANYONE else see the obvious conflict of interest that Ebay has in owning
>>> it's own payment gateway? This is basically forcing ALL sellers to
>>> accept only Paypal as the primary payment method, or get their own
>>> merchant account. Both of which increases sellers costs. Hell, sellers
>>> aren't even allowed to accept money orders or personal checks anymore.
>>> All this is designed to increase Paypal's earnings through the fees
>>> associated with processing these payments that would normally be paid
>>> for by check or money order. LOL I think it's funny people promote
>>> Ebay's Buyer Protection without a second thought. It should be called
>>> "Seller Extortion" instead. Whatever...
>>>
>>> Eric
>>>
>>>
>>>
>>> On 9/1/2010 9:03 AM, cdtucson at cox.net wrote:
>>>> Tom, List,
>>>> Apparently there is some cofusion about ebay buyer protection.
>>>> It is a great thing and it is worry free if you follow directions as
>>>> follows here.
>>>> Pay pals number is 800-514-4920.
>>>>
>>>> I just called and Amy explained it completely and eBay now has 100%
>>>> buyer
>>>> protection. Guaranteed.
>>>> The particulars are;
>>>> 1. Must be an eBay purchase.
>>>> 2. Must be paid to PayPal linked through eBay.
>>>> In other words don't pay directly at PayPal site. Pay only by using
>>>> link
>>>> through eBay so, the transaction number is on the payment itself.
>>>> 3. Sellers with under 100 feedbacks will not have your funds released
>>>> until one of
>>>> the following ;
>>>> either 21 days pass. or seller supplies eBay with a delivery
>>>> confirmation
>>>> showing the item has been delivered to you. or you leave the seller
>>>> positive
>>>> feedback. So, for the first 21 days things are easy.
>>>> All that said. EBay guarantees all sales with no dollar limit for 45
>>>> days. Period.
>>>> You are guaranteed not to be ripped off on every eBay sale.
>>>> There is absolutely NO risk at all to any buyer at any time. So, yes
>>>> buy from
>>>> anyone . even people with zero feedbacks are okay.
>>>> She noted that this has only been the policy for about a year. Prior to
>>>> that
>>>> people could lose but not any more..
>>>> She went on to say that if you click on the words "buyer protection
>>>> plan" this
>>>> is all explained in writing as well.
>>>> I am going to post this last part on list but to be sure if you would
>>>> respond to
>>>> it ON LIST to make sure it posts. Thanks.
>>>> Carl
>>>>
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>>
Received on Mon 06 Sep 2010 10:59:59 PM PDT