Thursday, February 21, 2019

Wall Street’s Banksters Are Clandestinely Trading the “Digital Gangster” Stock of Facebook

Click here to access article by Pam Martens from Wall Street on Parade.

Martens was referring to this report issued by a committee of the British Parliament which referred to Facebook as a "digital gangster" which had little effect of the price of Facebook's stock.
Yesterday, the U.K. Parliament’s Digital, Culture, Media and Sport committee released a 108-page report based on its 18-month investigation into digital disinformation campaigns that provided granular details on Facebook’s thuggish business model, inferring at one point that the U.S. should investigate the company under its Racketeer Influenced and Corrupt Organizations Act (RICO).

The report minced few words about Facebook or its CEO, Mark Zuckerberg, writing that the company and its management were “ ‘digital gangsters’ in the online world, considering themselves to be ahead of and beyond the law.”
And, she goes on to cite other historical examples of corporations that have been legally convicted of law violations, but whose stock has greatly increased. The lesson of this story is that getting rich "by hook or by crook" is perfectly acceptable in today's amoral capitalist world. Hence, all sociopaths are attracted to the world of today's capitalism like never before. They have infiltrated every institution and are in control of every institution. We are now seeing the results all around us in terms of acceptance of extreme inequality, imperialist wars, and the lack of concern about climate destabilization.