Facebook + Goldman Sachs = cyabye
Goldman Sachs,one of the six MegaBanks (alongside Morgan Stanley, JPMorgan Chase, Citigroup, Bank of America, and Wells Fargo) that stole trillions of dollars from us and are currently intentionally devaluing our dollar alongside the Federal Reserve, has bought into Facebook for $450 million. The irony is that the Facebook users are the ones that have caused Facebook to grow into the estimated $50 billion company that it is today. Without the users Facebook will just fall by the wayside, sharing the proverbial gutter with Myspace.
As far as I am concerned, I’m not going to voluntarily participate in anything having to do with Goldman Sachs, the way I see it is that they robbed us all blind, and with no consequence, they’re parasites, and there’s no telling what direction things will be going with Facebook. Remember how many privacy issues they’ve had in the past, now put them with one of the most deceitful, villainous, corrupt (and corrupting) entities the world has ever seen, and imagine what scandal and treachery will certainly be tailing not far behind.
Facebook has been a bit of a conundrum for me. While I don’t necessarily feel good about Sachs investing in FB, I also don’t understand the logistics and what exactly it will mean for FB users. Facebook is literally the peak of what the internet is capable of. There is no doubt that FB and Twitter played major roles in helping to facilitate the revolutions in the middle east. Is this good or bad? I temporarily friended a girl from Cairo who had been posting pictures during the uprising and adding her own comments. This to me beats any news organization out there and the usual spin they put on how they report the news.
The privacy thing is an obvious concern however. There are opportunities to make something incredible happen on that social network, while at the very same time we are making our whole lives public with little to no privacy left. Is sacrifice worth it?
Ironically enough, a majority of the news I get comes from the news feed on FB and usually from trusted friends who direct people to non-partisan websites or independent organizations outside of the mainstream(corporate controlled) media.
I don’t know, the whole thing seems to be a bitchin’ Catch-22.