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 ...
An article in the IBD said that Facebook’s earnings do not come close to justifying their IPO price.
An article in the IBD said that Facebook’s earnings do not come close to justifying their IPO price.
I put Beck in the same category as Meghan McCain
“How did FB get a value over that of Disney?”
They, and the public got carried away with the valuation. Happened a lot in the Dot Com boom.
Beck departed Fox News because Fox wanted to move to the left and had to get rid of any and all who wouldn’t go along.
“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?”
Such a small view of its capabilities, which have been proven in recent days.
How were many of the middle east protest executed? England protest? Here in the states the vandal / store runs (can think of the name right now) executed? Facebook, twitter and other instant international communication tools can do this?
Yes, control of this freedom is critical to tyrannical rule.
Open you mind and you can understand what they want to control.
I’ve said I “half ass” believe FB, Google, Yahoo, etc., all the big net guys, are controlled by the government. I don’t believe some kid could start this in his college dorm room without some big time help. FB is not a complicated idea. But getting it started is another thing. But, how many people would get off FB if they knew the government was monitoring everything they say? I know that some think that’s fine and dandy but FB wouldn’t be as big.
Yeah, the idea that having the top three investment banks in on the offering, with Morgan Stanley—long a leader in tech financing in the lead—is anything other than would be expected is laughable.
Facebook and the banks both saw their biggest payoff in pushing the IPO price as high as they could sell it out.
I do think the big business/big finance/big government nexus is noxious and I’ve no doubt that the feds already have their mitts all over Facebook and the like.
I can see where the timing of the GM advertising announcement—and that it was an announcement at all—looks like a big friggin’ piece of some puzzle, but Beck is also pushing at the edges of paranoia.
What’s that they say, just because you think they’re out to get you doesn’t mean they aren’t? Beck could be losing it AND on some level have a point, even though the pieces don’t fit the way he sees them.
I use facebook, I have no false impression that its being monitored, for there is no doubt in my mind that it and this page an every email I send are being recorded for potential use in the future. But with that said I fear no Evil and will stand by my words unlike many in our world today I believe what I say and stand by it and seek the Truth.
You are right there are many who do not know or better yet do not believe they are being watched... Stupid is as stupid does. They are tools of those seeking control and part of the dumbing down of America.
Pony
Pony
Salve
I wrote it last time FB became public, it is one shot deal, make quick money first, and then let it fall.
Idiots who were hitting on that IPO don’t have concept of how it works, when you have IPO starting at 38 and thinking it will go to 50, you really need to learn gambling in casinos, seriously. I knew it, it was too high and it will fall down more, those who cash in were the winners, quick buy and sell off. Now screams and yelling comes out, it was the greed of them who let them loose.
I think people have not learn .com situation.
Merci.
The premise doesn’t even make sense.
FB has not collapse, the IPO price came and went and now it is moving with the rest of the market.
Yes, just a theory, but the government has been desperately trying to get total control over “allowed”information for years.
It is the first thing all Marxist/fascist/totalitarian governments do—Control the allowed ‘ideas” which flow to the masses. They had almost total control prior to Rush Limbaugh and still continue to control public school indoctrination into Marxism.....
Government has almost totally controlled the dialogue with their 24/7 agitprop. Internet has put a major wrench in their “control” of the proper worldview. Tea Party is probably an effect of the internet information.
the government does monitor the sites I visit. OPSEC rules for safety. :)
If Government Motors pulls the rug out from under Facebook the day before the IPO, that tells me that the government thinks Facebook is too big to succeed. Watch for some major campaign donations to fall Obama's way (if they think he will still win) or Romney's way (if they think it's time for a "change").
As of May 17, the Obama campaign had received less than $60K from Facebook people. I'm sure they thought they deserved a lot more.
That's a nice little IPO you've got there. How do think it would look with a couple of broken knees?
Yes, anything can be ‘valued’ before it is sold, but the Market tells the real value.
Yes, anything can be valued, but the real value is dictated by the Market.
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