Posted on 05/25/2012 3:16:46 PM PDT by Nachum
Was Facebook systematically overvalued in order to force it into a government bailout?
That’s the hypothesis that Glenn Beck offered on GBTV tonight, and like many of Beck’s hypotheses, you might be surprised at the evidence that exists for it. In a nearly 20 minute segment, Beck meticulously and carefully picked his way through the past record of the company that handled the IPO for Facebook – Morgan Stanley – and pointed out that they don’t exactly have a record of success in helping companies go public.
“Morgan Stanley was the lead consultant on Fannie and Freddie bailouts,” Beck said in the segment. “They also set the IPO for General Motor. Whoa.”
The evidence from that point continued to mount, all to support Beck’s contention that the administration wanted Facebook to fail. Why? So that it could be brought into the orbit of the government as one of many formerly powerful companies that had to take money in exchange for loyalty. Beck suggested that the reason the government would want this is because control over Facebook via public money would enable them to have huge amounts of control over the internet, which they would then use to stifle dissent.
Listen to Beck explain this alarming theory below:
(Excerpt) Read more at theblaze.com ...
Beck jumps the shark
BP oil disaster >> Oil drilling bans
MF Global $1.5 billion loss >> Wall Street restrictions
Facebook debacle >> Internet Control & more Wall Street restrictions
There are MANY more examples of these Saul Alinsky tactics of the Obama regime!
Make a multilevel marketing scheme maybe he will like it more ;)
Beck departed FoxNews so he could spend more time with his therapist.
They aren’t that smart.
“Beck jumps the shark”
Maybe and Maybe not, Time will tell. Interesting how you want to nay-say it so soon. Would it not do you better to see if something comes from this first? Is not the control of information a key component this administration tries its best to do? Then why would this be to much to grasp?
This doesn’t make any sense. Zuckerberg is an Obama butt-boy. He’d take orders “for the greater good” without batting an eye.
Occum’s Razor says that FB’s IPO was just a rip-off for the common man.
Glenn Beck is the LAST person you should believe when it comes to finance.
He was telling everyone to sell their stock right AFTER the crash.. People who listened to him and didn’t buy, for instance, Apple missed out on recouping their losses..
Beck is a laggard and an idiot.. The things he does get right have already been said by others much wiser than he.
You may be correct in your analysis of Beck, but he was smart enough to have Lord Monckton on his show on FOX to debunk the global warming myth.
Like O'Reilly, he takes himself somewhat seriously and doesn't laugh at himself easily.
I think that's something that distinguishes him from someone like Limbaugh.
I feel rather protective towards the guy and, above all, wish him peace and good health.
LMAO....
Facebook is a pimple on the rear of the 400 million ton elephant that is the internet.
Beck is into regular shark jumping sadly.
This just makes you sound silly.
Geez....this is ridiculous.
Today I disabled my Facebook ....just couldn’t stand those people getting rich off my info....plus I don’t like the new Timeline for some reason.
Its format is cluttered. I find it off-putting.
“Is not the control of information a key component this administration tries its best to do?”
Exactly,
How will our nation survive, if the fat girl that was in my 7th grade English class cannot use Facebook to tell that world what she had for lunch?
Dollars to donuts no one will go to the Blaze to read the article, they will slam Beck for being a nut and then the Anti-Mormons will jump in.
Good luck with this, Beck connected the dots. How did FB get a value over that of Disney?
Fads usually are.
Facebook does nothing you can’t do with more focused sites.
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