Posted on 05/17/2012 6:15:33 AM PDT by C19fan
Facebook co-founder Eduardo Saverin may not be allowed to return to the United States after he renounced his citizenship to save millions in tax. The 30-year-old, who has a $3.64billion stake in the social networking site, migrated to Singapore ahead of the company's massive stock market floatation tomorrow.
(Excerpt) Read more at dailymail.co.uk ...
A pure paradise compared to the same in Singapore.
I’d take the “greedy bass turd” as irony. More power to these entrepreneurs to earn dough in any honest manner, it beats the tar out of the alternative.
Also, Facebook only gets revenue from advertisers. It’s hard for me to believe this isn’t another bubble halfway to busting, a nice idea whose actual profitability is self limiting. Anyone here ever buy something because of a Facebook ad? I haven’t. But if the public wants to speculate on it with their own dimes and no taxpayer money is involved, well soldier right on Facebook. I just hope a collapse doesn’t take it off the air, I would kind of miss it.
God Bless him!
The DNC is upset about the loss of vote buying money!
As WIlliam Gibson called it, "Disneyland with the Death Penalty." Incidentally, that article by Gibon got "Wired" magazine banned in Singapore by the "Undesirable Propagation Unit." The way some people think of Singapore as some paradise is truly amazing.
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