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Forum Post: Up End Facebook

Posted 12 years ago on May 17, 2012, 4:42 p.m. EST by WSmuckraker (0)
This content is user submitted and not an official statement

Let's hit Wall Street where it lives, on money. When Facebook goes public, I urge everyone not to Click on any Facebook Ads, no matter what. If you see something that you want to buy, go to that site after you leave Facebook. Let's see if we can bring down the Big Banks and Hedge Funds on their bet they'll make a fortune off of US using Facebook.

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[-] 1 points by SparkyJP (1646) from Westminster, MD 12 years ago

Facebook, the social network behemoth that is about to become a multi-billion dollar company, has been lobbying for a proposed new U.S. law called the Cyber Intelligence Sharing and Protection Act (CISPA) that would allow companies to share information with government agencies. Zaid Jilani at the Republic Report has been digging up details on the Washington lobbyists who are helping Facebook

“Under CISPA, private companies may spy on user communications, whether stored or in transit, and freely pass personal information to the government as long as they claim a vague "cybersecurity" exception,” write Mark M. Jaycox and Lee Tien at the Electronic Frontier Foundation. “The bill also creates expansive legal immunity that makes companies and the government largely unaccountable to users. Companies ‘acting in good faith’ are also excused from all liability for engaging in potential countermeasures, even if they hurt innocent parties.”

http://www.commondreams.org/view/2012/04/27-3