Posted on 07/28/2018 2:02:44 PM PDT by ATOMIC_PUNK
Karma appeared on Wall Street late Wednesday as Facebook stock plunged 24%, a loss of $125 billion, on the heels of reports of the social media giant restricting conservative traffic by an astounding 93%.
Fascistbook’s incompetent Control Freak-in-Chief, Herr Suckitberg, lost nearly $20 billion of his personal fortune in the plunge, according to the most conservative estimates I could find.
We at Powdered Wig have been the victim of the un-American, fascist, control freak conduct by Facebook, having seen a drop in our traffic by over 90% since the election of President Trump, who we supported fully from the beginning, since the now-famous escalator ride and the announcement of his candidacy and platform.
From CNBC
Latest: Karma! Fascistbook stock plunges 24% after restricting traffic from conservative sites. Shareholders move to fire Herr Suckitberg
The tech-heavy Nasdaq was set for a big down day Thursday after disappointing quarterly results from Facebook sent the social media giant hurtling toward its biggest share price decline ever and on trackto lose more than $100 billion in market value.
The Invesco QQQ Trust, which tracks the Nasdaq 100 index and can give traders a good idea of how the Nasdaq stocks will trade, was down more than 2 percent at one point in after-hours trading Wednesday. At last count, the ETF was off by about 1.5 percent. Facebook lost about a fifth of its value after hours.
I keep wondering when some conservative techies will start conservative versions of Facebook and Twitter. Maybe they would say “No one can overtake Facebook and Twitter” but overtaking them wouldn’t be the point. If they could get even 5% of their users they would still make quite a bit of money, plus they would be doing a great public service, which should count for something.
I dumped facebook and I avoid google. I do still have my netflix though and I own an amazon stick thingy.
Maybe, maybe not.
The owners and shareholders of CNN, NBC, CBS, ABC, etc., don't seem to care. They love left-wing media bias, it looks like to me anyway.
bookmark
That should happen to twitter.
Many conservatives are on Facebook. The way to kill Facebook is for no conservatives to click on any advertisement on the site. Advertisements are the financial life blood of Facebook. Facebook has expenses in the multi millions of dollars to maintain their site. If you visit the site and do not click on their advertisements you become a net drain on their capital.
Do not delete your account. Visit Facebook often but never, never, never click on an advertisement. If you do this you become a net capitol loss to Facebook.
Conservative Schadenfreude is a dish served cold.
I forgot to add, do not ever give personal information in your profile to Facebook. That personal information is quite valuable for marketing purposes. Be a net drain on their financial structure.
Revenge of Diamond and Silk.
I realized that Facebook does not need for me to divulge my information to know a lot about me. They figure it out from who my friends are and what THEY may post to me or about me. For example, I may not say that I have a daughter, but if my daughter links me as her father, now they have that relationship and I never gave it to them.
I cancelled my Facebook profile a few months ago and have not missed it.
Today’s dose of schadenfreude in the Era of Trump.
Most people don’t click on the advertisements. I disagree continuing to go to Facistbook. They track traffic volume. When he looks she’s audience, his stock looses money. It’s time we show all these @ssholes from Fakebook to Holleywood where the money comes from. Boycott them into a van down by the river!
I don't have a FB account. Never have. Never will.
BINGO
“I keep wondering when some conservative techies will start conservative versions of Facebook and Twitter.”
I keep wondering what would happen to Twitter if PDJT were to announce that his preferred medium for communication no longer will be Twitter, but GAB or similar. It could be that Twitter will take a nosedive like no other within 24 hours. I would love to see that!
“His stockholders will care, a lot”
Maybe many FReepers are customers and don’t really know it. Is Facebook “hidden” in some of our portfolios as part of a larger batch?
gab and MIND are out there
I don’t see many people there.
“gab and MIND are out there. I don’t see many people there.”
I wonder how quickly that would/could change if Trump took his business to one of them. Interesting to think about.
And when candidate Obama looted Facebook of personal data for his campaign. Zuckerberg was right there helping Obama take whatever he wanted.
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Let's stroll down memory lane.
ITEM---Circa 3/13/17 Zuckerberg referred to a dinner he and other Silicon Valley leaders had about a month ago.
ITEM---Here’s the news article edzo4 dug up
http://sanfrancisco.cbslocal.com/2017/03/13/former-president-obama-visits-with-tech-leaders-in-silicon-valley/
ITEM---Back in 2011, it was not revealed who Obama met with during his visit to San Jose; as a private citizen, Obama is not obligated to say.
ITEM---Edzo4 found this photo of the dinner from the Mercury News
https://www.mercurynews.com/wp-content/uploads/2016/08/20110218_094437_obama_tech.jpg?w=700
ITEM---And edzo4 found this blog that names the attendees.
https://kellblog.com/2011/02/19/seating-chart-for-president-obamas-silicon-valley-tech-titans-dinner/
ATTENDEES INCLUDED: Obama, Larry Ellison, Steve Jobs, Mark Zuckerberg, Eric Schmidt, Reed Hastings.
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Maxine Waters blabbed about Obama compiling a vast data base on every American---like nothing before it----to be used by campaigning Democrats
(DRUM ROLL PLEASE) THE ORIGINS OF OBAMA'S POLICE STATE DATA BASE ON AMERICANS.
...Is Facebook “hidden” in some of our portfolios as part of a larger batch?
That’s possible, how would I know if one or more of my funds include Facebook, I’d have to “Trust” that the funds are interested more in making money than politics, ....hmmmm....
Go to zacks, put in the fund symbol, view all of the holdings.
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