Facebook Capitalist Fiesta!

Despite President Obama's best efforts to kill capitalism, it's alive and well---at least today with the widely hyped Facebook IPO.

Facebook is a rather lyrical story of economic liberty: a college kid at Harvard with extra time on his hands creates a basic social networking program so other college kids can talk to each other and share stuff online. As the program grows exponentially, the college kid refines it, graduates, and turns it into a real business. Soon, there are hundreds of thousands of users of his program; then there are millions; now there is close to one billion worldwide.

If you build it, they will come. The college kid built it, and boy, did they come. And today, the investors come. So does the real money. Billions of dollars' worth.

All investments carry inherent risk, and nobody really knows how the Facebook IPO is going to shake out, or what the future holds for the product and the company. But it's all part of the creative destruction and production of capitalism: ideas come, risks get taken, things get created, investments transpire, failures occur, so does wild success. It's all part of the wonderfully messy choreography of the free market.

The IPO is expected to raise Facebook about $16 billion in proceeds and value it at more than $100 billion. If it goes as anticipated, over 1000 people will become millionaires today, and a few new billionaires, including that college kid, Mark Zuckerberg, will be created too.

Regardless of what you think of Facebook or if you're buying some of its shares today or not or whether you even know what Facebook is, you should celebrate what it represents: American ingenuity, creativity, and innovation.

And oh yeah: capitalism. Viva economic liberty!

Comments

[CONSERVATIVE POLITICIANS COMPRISE OF 78% OF THE GAY SEX SCANDALS, AND 68% OF THE GAY ONES INVOLVING KIDS!]

Love how UG wants to copy cat me.

Need to think of some more screen names for him.

[mjfell]

Congratulation. You've now revealed to our studio audience as well as the millions of viewers at home exactly who's supplying you with your steady stream of LIES, DECEIT, MISINFORMATION, VITRIOL, HATRED, AD HOMINEM ATTACKS AND STRAWMAN ARGUMENTS.--MJFELL

While MJFELL'smuch beloved tea party. is funded by the Koch brothers. Who does business in Iran.

The fake Accorn scandal is well known by everyone. Except Conservatives. They believe in whatever they're told!

Posted by: CONSERVATIVE POLITICIANS COMPRISE OF 78% OF THE GAY SEX SCANDALS, AND 68% OF THE GAY ONES INVOLVING KIDS! | May 20, 2012 at 04:34 PM

**********************************

So predictable...accusing the Tea Party of being funded by the Koch brothers.

BORING!

You're doing your own side more damage than good by being here.

[CONSERVATIVE POLITICIANS COMPRISE OF 78% OF THE GAY SEX SCANDALS, AND 68% OF THE GAY ONES INVOLVING KIDS!]

And your chicken hide still hasn't told us how much Soros is paying you to be part of the well paid institutionalized "progressive" left smear machine. Instead, you attempt to distract by accusing others and me of being paid to be here...by...wait...wait...let me guess...the Koch brothers...RIGHT--MJFELL

MJFELL has truly lost it! Just like all Conservatives!

If a person posts with a differnt viewpoint on a political blog such as the memo. Then, he must be paid to do so! MJFELL has fallen to the level of the other IRREGULARS.

In need of a shrink.

[CONSERVATIVE POLITICIANS COMPRISE OF 78% OF THE GAY SEX SCANDALS, AND 68% OF THE GAY ONES INVOLVING KIDS!]

Show us one shred of evidence that we're being paid by the Koch brothers to be here.

It must really be hard knowing that you're paid to lie through your teeth all day, every day.

It must s>ck to be you.

Posted by: mjfell | May 20, 2012 at 04:44 PM

I'm NOT sick like you. NEVER said you are being paid. Just said that your Koch brothers is doing business in Iran.

MJFELL might just be the one who needs help the most! Highly paranoid!

[CONSERVATIVE POLITICIANS COMPRISE OF 78% OF THE GAY SEX SCANDALS, AND 68% OF THE GAY ONES INVOLVING KIDS!]

So predictable...accusing the Tea Party of being funded by the Koch brothers.

BORING!

You're doing your own side more damage than good by being here.

Posted by: mjfell | May 20, 2012 at 04:47 PM

They are being funded by the Koch brothers and Murdoch.

MJFELL's sad state of mind?

Pitiful, just pitiful

[CONSERVATIVE POLITICIANS COMPRISE OF 78% OF THE GAY SEX SCANDALS, AND 68% OF THE GAY ONES INVOLVING KIDS!]

The MJFELL being a paid Conservative shill? Just a phrase to say how He has been totally owned by the Conservative party.

Bet if they told him the Sun was cold. he would believe it!

[mjfell]

CONSERVATIVE POLITICIANS COMPRISE OF 78% OF THE GAY SEX SCANDALS, AND 68% OF THE GAY ONES INVOLVING KIDS!, it's been wonderful fun exposing you as the paid, lyong leftist troll you are. However, there are other sites on the web that need my attention. You're feeble disclaimers about yourself and false acccusations re Conservatives don't merit further attention.

[CONSERVATIVE POLITICIANS COMPRISE OF 78% OF THE GAY SEX SCANDALS, AND 68% OF THE GAY ONES INVOLVING KIDS!]

It must s>ck to be you.

Posted by: mjfell | May 20, 2012 at 04:44 PM

Just learned the real truth from honest Conservatives.

Mentioned one before, David Stockman

[CONSERVATIVE POLITICIANS COMPRISE OF 78% OF THE GAY SEX SCANDALS, AND 68% OF THE GAY ONES INVOLVING KIDS!]

CONSERVATIVE POLITICIANS COMPRISE OF 78% OF THE GAY SEX SCANDALS, AND 68% OF THE GAY ONES INVOLVING KIDS!, it's been wonderful fun exposing you as the paid, lyong leftist troll you are. However, there are other sites on the web that need my attention. You're feeble disclaimers about yourself and false acccusations re Conservatives don't merit further attention.

Posted by: mjfell | May 20, 2012 at 05:00 PM

Don't like losing?

AWWWW!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[CONSERVATIVE POLITICIANS COMPRISE OF 78% OF THE GAY SEX SCANDALS, AND 68% OF THE GAY ONES INVOLVING KIDS!]

it's been wonderful fun exposing you as the paid--MJFELL

MJ's mindset shows what's wrong with the modern day conservative.

Highly paranoid, doesn't know fact from reality.

Thinks like the NEO-Nazis on youtube.

If, you don't think as we do. then you must be paid."

[CONSERVATIVE POLITICIANS COMPRISE OF 78% OF THE GAY SEX SCANDALS, AND 68% OF THE GAY ONES INVOLVING KIDS!]

CONSERVATIVE POLITICIANS COMPRISE OF 78% OF THE GAY SEX SCANDALS, AND 68% OF THE GAY ONES INVOLVING KIDS!

Posted by: mjfell | May 20, 2012 at 05:00 PM

At,least MJFELL has agreed to the percentages of GAY scandals involving his politicians!

[CONSERVATIVE POLITICIANS COMPRISE OF 78% OF THE GAY SEX SCANDALS, AND 68% OF THE GAY ONES INVOLVING KIDS!]

CONSERVATIVE POLITICIANS COMPRISE OF 78% OF THE GAY SEX SCANDALS, AND 68% OF THE GAY ONES INVOLVING KIDS!

Posted by: mjfell | May 20, 2012 at 05:00 PM

At,least MJFELL has agreed to the percentages of GAY scandals involving his politicians!

Posted by: CONSERVATIVE POLITICIANS COMPRISE OF 78% OF THE GAY SEX SCANDALS, AND 68% OF THE GAY ONES INVOLVING KIDS! | May 20, 2012 at 05:10 PM

While UG has to make up his percentage of those in NAMBLA!

Something Conservatives are good at!

[CONSERVATIVE POLITICIANS COMPRISE OF 78% OF THE GAY SEX SCANDALS, AND 68% OF THE GAY ONES INVOLVING KIDS!]

Sunday, which means triple time. you have to love capitalism!

[CONSERVATIVE POLITICIANS COMPRISE OF 78% OF THE GAY SEX SCANDALS, AND 68% OF THE GAY ONES INVOLVING KIDS!]

common sense@ common sense

With over 916 anti-women's rights bills in 4 months. and, the GOP voting no, on the Violence against women act.

Conservatives must not give a $hit about women!

[CONSERVATIVES, THE PARTY OF WIMPS!]

false acccusations re Conservatives don't merit further attention.

Posted by: mjfell | May 20, 2012 at 05:00 PM

You can tell a Conservative ANYTHING. Just don't tell them the truth! They aren't MAN ENOUGH to take it!

[CONSERVATIVES, THE PARTY OF LIMP WISTED, WIMPS!]

Should change it to:

[xbjllb]

"It must s>ck to be you." - MJ Fell

George Soros, nor has any other person or organization, ever paid me one single penny for my political posts.

Ever. Yes, that is a crime, but I'm working on rectifying it.

One way or the other.

[xbjllb]

"So predictable...accusing the Tea Party of being funded by the Koch brothers." - MJFell

That happens to be a matter of public record.

But far be it from any conservative to hesitate for a single second to try and argue with absolute fact.

[yaj]

that's not based in fact. My identity is!

Posted by: CONSERVATIVE POLITICIANS COMPRISE OF 78% OF THE GAY SEX SCANDALS, AND 68% OF THE GAY ONES INVOLVING KIDS! | May 20, 2012 at 03:30 PM

LOLOLOLOL...

So was your post about "If you want a truthful Politician, vote Democrat."...LOLOLOLOLOLOLOL

What are you smoking, Jay?

Let's face FACTS: The Only Sodomite and NAMBLA lovers on Monicamemo are Pooping Jay (YOU), Fat little boy Leslie, and girlie boy Rape...
LOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOL

[yaj]

The fake Accorn scandal is well known by everyone.

Posted by: CONSERVATIVE POLITICIANS COMPRISE OF 78% OF THE GAY SEX SCANDALS, AND 68% OF THE GAY ONES INVOLVING KIDS! | May 20, 2012 at 04:34 PM

LOLOLOLOLOLOLOLOLOLOL

What a nincomPOOP !!

LOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOL

[yaj]

You can tell a Conservative ANYTHING. Just don't tell them the truth! They aren't MAN ENOUGH to take it!

Posted by: CONSERVATIVES, THE PARTY OF WIMPS!

LOLOLOLOLOLOLOLOLOLOLOLOLOL

Spoken by the cademite Jay. Talk about man enough !!!!

LOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOL

[Phony 50 gunner Jayy]

GAY JAY thinks he's an All-American because he has a Father in Every state !!! All 57.

LOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOL

[Yaj]

Democrat Party: The Party of BJ Clinton, Adulterer Edwards, Murderer Kennedy, Shemp Biden, KKK Byrd, Plastic Pelosi, Butch Feinstein, Girlie boy Rafe, Pudgy squishy Leslie, and Gay Cademite Jay...

Fact: 100% of voting perverts prefer "LIBERAL" Demonrat over any other idealology.

[Yaj]

Right now, the LIEBERAL version of the Tea Party is "Peacefully" demonstrating in Chicago...

Breaking windows, destroying public and private property, and generally making anarchist Asses out of themselves---

typical Lieberals.

[gringoman]

Trolling:
A troll is a person that never offers anything of value or substance to the boards. The troll has no intention of taking part in discussions, save to try and ruin them for others. TROLLS MAY BE BANNED WITH IMPUNITY.

Hannity Forum

[gringoman]

Oh...go take a walk, Gringo. You're no fun.

Sean Hannity is a douche.

Posted by: Rafe | May 20, 2012 at 01:59 PM

If Rafe is looking for fun he should let Stinky and Creepy Dumbo take him to the bathhouse. Trolls night out.

Leslie will pay. He's a high roller from Las Vegas with a big media deal in the offing. Just ask the psychopath.

But Rafe is advised not to tell his Mom about his troll comrades. If she doesn't kick him out of the house, she might not let him out of it.

[gringoman]

Liberty's diploma may look real, Maher said, but "when you confuse a church with a school, Maher went on, "it mixes up the things you believe — religion — with the things we know — education. Then you start thinking that creationism is science, and gay aversion is psychology, and praying away hurricanes is meteorology."

POSTED BY: RAFE | MAY 20, 2012 AT 01:45 PM

--

I thought I told you to CLEAN UP YOUR ROOM and go walk the dog!!!!! Now I catch you back in your filth, annoying the nice people at Monicamemo again!!

And for crying out loud, OPEN THE D@MN WINDOW!!!

.

Posted by: rafie's mom | May 20, 2012 at 03:04 PM

Rafie's MOM:

Ma'm, your son the troll must be a cross to bear. We understand. (Even now I hesitate to describe to you the troll trash company he's keeping.) Have you tried sending him to bed without his supper? Have you tried corporal punishment, maybe a well-placed smack in the teeth? Does the strap have any effect? Or does he enjoy having his buttocks whipped?

[gringoman]

Mark R. Levin ‏@marklevinshow

The Kochs fight back against Obama's Chavez-like tactics http://www.kochfacts.com/kf/misleadingintimidationtacticsbyobama/

[gringoman]

Mark R. Levin ‏@marklevinshow

But for Palin, McCain would have lost in a landslide... http://fb.me/1jTD9EEEA

gringoNOTE: If Willard picks for VP an un-exciting polar opposite of Palin, I might have to agree with Michael Savage about the odds of beating the sleazy Class War/Race War Obamunists. Turkey will be had in November long before Thanksgiving.The Obots will know the fixings are in.

[gringoman]

New Audio From Rev. Wright’s Shocking Interview With Obama Book Author Ed Klein: THE AMATEUR

http://www.theblaze.com/stories/church-was-not-their-thing-new-audio-from-rev-wrights-shocking-interview-with-obama-book-author-ed-klein/

[gringoman]

"The Amateur" by Edward Klein is a book about an inept, arrogant ideologue who maintains an absurdly high opinion of his own talents even as he blatantly fails to achieve his goals. Oh, and President Obama is in this book too." - NY Times' Janet Maslin

"The Amateur is the best book I've read on how Barack Obama is wrecking our country." - Donald Trump, on the book jacket

gringoNOTE: But Media Matters doesn't like Ed Klein's book, THE AMATEUR. The White Obama House attacks it too.

[gringoman]

"The Amateur" by Edward Klein is a book about an inept, arrogant ideologue who maintains an absurdly high opinion of his own talents even as he blatantly fails to achieve his goals. Oh, and President Obama is in this book too." - NY Times' Janet Maslin

"The Amateur is the best book I've read on how Barack Obama is wrecking our country." - Donald Trump, on the book jacket

gringoNOTE: The NY Times says that author Ed Klein has a "credibility" problem because a previous book of his aired the well-known buzz that Hillary Clinton is a lesbian and Chelsea was conceived during Bill's raping Hillary.

[gringoman]

Axelrod: Mormonism Is Not "Fair Game"

gringoNOTE: I'll take this as a quid pro quo for Romney's
"repudiating" the superpac plan to tell the truth about Obama and his Reverend Wright.

For now, that is. For now Team Romney won't go Reverend Wright, and the Obots will not do stealth 'Mormonizing.' Fine. How sweet. But later, as the Campaign develops, let us see what we will see. Anybody taking bets that the Mormon issue won't rear its head, one way or the other? Does anybody think the Obots will really resist the temptation to try to suppress the evangelical turn-out? ANYBODY?

[gringoman]

Ed Klein: Jeremiah Wright Said “It’s Hard to Tell” if He Converted Obama to Christianity (Video)

Posted by Jim Hoft on Thursday, May 17, 2012

http://www.thegatewaypundit.com/2012/05/ed-klein-wright-said-its-hard-to-tell-if-he-converted-obama-to-christianity-video/

[gringoman]

Author of The Amateur Ed Klein discussed his interview with controversial pastor Jeremiah Wright tonight on Hannity. Klein told Sean Hannity that Wright said, “It’s hard to tell,” if he converted Barack Obama from his Muslim faith to Christianity.

http://www.thegatewaypundit.com/2012/05/ed-klein-wright-said-its-hard-to-tell-if-he-converted-obama-to-christianity-video/

gringoNOTE: That didn't stop GOP McCain in 2008 from shutting down anyone who asked basically the same question about Obama. And it won't stop GOP Romney from doing McCain Redux in 2012.

[gringoman]

Mark Levin slams Romney for savaging Newt yet pulling back against Obama with Rev. Wright
Posted by The Right Scoop The Right Scoop on May 17th, 2012 in Politics | 183 Comments

Levin is livid over the fact that Romney repudiated anything to do with bringing up Rev. Wright in this campaign even though in the primaries he went full throttle against Newt Gingrich, even with false attack ads:

[gringoman]

Laura Ingraham ‏@IngrahamAngle

If in Oct., MSNBC hosts are applauding the "refreshingly positive tone" of the GOP's campaign, it's a sure sign Romney is about to lose.

gringoNOTE: But if troll trash and Obamasuck are portraying him as 'the Wall Street Antichrist....'

[gringoman]

Laura Ingraham ‏@IngrahamAngle

Why does Romney feel the need 2respond 2a "proposed" strategy of a SuperPAC that he doesen't control? Will BHO answer 4 MoveOnPAC?

[gringoman]

WHAT IT FEELS LIKE to be targeted. “For people like Aaron and myself, and so many others who’ve had their livelihoods disrupted simply for exercising their First Amendment rights, there is no other more important story than the progressive left’s campaign of political (and criminal) intimidation.”

And here’s more from Aaron Worthing, which I should have linked earlier.

As a famous man once said, punch back twice as hard. Plus, what Andrew Breitbart said.

by Glenn Reynolds

[CONSERVATIVES, THE PARTY OF LIMP WISTED, WIMPS!]

Let's face FACTS: The Only Sodomite and NAMBLA lovers on Monicamemo are Pooping Jay (YOU), Fat little boy Leslie, and girlie boy Rape...
LOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOL

Posted by: yaj | May 20, 2012 at 07:58 PM

UG! You have MORE sock puppets than ANYONE on the memo.

At, least I don't hide mine!

Why do you have to hide?

[xbjllb]

"He's a high roller from Las Vegas" - SatanImmieGringoman

I don't gamble.

[xbjllb]

"Then you start thinking that creationism is science, and gay aversion is psychology, and praying away hurricanes is meteorology." - Bill Maher via Rafe

And Catholicism is Christianity when it is its diametric opposite.

[xbjllb]

AS well as Southern conference christianism, ALL revivalism, and Mormonism.

[CONSERVATIVES, THE PARTY OF LIMP WISTED, WIMPS!]

Hannity Forum:

"Copying a guest's avatar, and/ or closely approximating their screen name for the purposes of being mistaken for them or mocking them as you destroy their reputation falls clearly into the realm of abuse of honored guests, and that amount of malice and aforethought rises to the level of an instaban"

I thought I told you to CLEAN UP YOUR ROOM and go walk the dog!!!!! Now I catch you back in your filth, annoying the nice people at Monicamemo again!!

And for crying out loud, OPEN THE D@MN WINDOW!!!

.

Posted by: rafie's mom | May 20, 2012 at 03:04 PM

If Rafe is looking for fun he should let Stinky and Creepy Dumbo take him to the bathhouse. Trolls night out.

Leslie will pay. He's a high roller from Las Vegas with a big media deal in the offing. Just ask the psychopath.

But Rafe is advised not to tell his Mom about his troll comrades. If she doesn't kick him out of the house, she might not let him out of it.

Posted by: gringoman | May 20, 2012 at 10:07 PM

GRINGOMAN IS LUCKY THAT MONICA IS MORE OF A LADY THAN HANNITY IS A GENTLEMEN!

Gringo has posted why he would have been banned on Hannity!

Is, Monica as kind!

LMAO!

[xbjllb]

"Hannity Forum" - SatanZimmieGringoman

Waiting your permanent emigration there with great anticipation.

[CONSERVATIVES, THE PARTY OF LIMP WISTED, WIMPS!]

Hannity Forum" - SatanZimmieGringoman

Waiting your permanent emigration there with great anticipation.

Posted by: xbjllb | May 21, 2012 at 01:27 AM

If, GRINGOMAN and the other IRREGULARS went to Hannity.

By GRINGOMAN's own admission. they would be BANNED!

The STUPIDITY of Conservatives knows no bounds!

[xbjllb]

Hey! Dumbass billionaires throwing away your money worthlessly on Romney and GOP candidates for governor, Rep, and Senate:

When November comes around, and you've lost it all, and you dig and find out I was right about you stupidly and in utter futility fighting the CIA, toss me a mil and see how much capital gains I can make you.

Instead of your moronic pissaway contest.

You know where to find me. I'm in the net.

I doubt that there will be any smart enough to DO THE DUE DILIGENCE and find out the truth before November, but in the case you do, WE'LL BE THAT MUCH MORE AHEAD OF THE GAME, WON'T WE?

And lucky for you, I won't even charge my customary 95% re-education fee.

[CONSERVATIVES, THE PARTY OF LIMP WISTED, WIMPS!]

The STUPIDITY of Conservatives knows no bounds!

Posted by: CONSERVATIVES, THE PARTY OF LIMP WISTED, WIMPS! | May 21, 2012 at 01:29 AM

let's a person realize that having a discussion with Conservatives is like a scientist talking to an Amoeba!

The Conservatives are greatly disadvantaged!

[xbjllb]

"The STUPIDITY of Conservatives knows no bounds!" - Jay

Indeed. But for some of the richest among them, I'm taking a chance that saving a few hundred mil while making a handful just might appeal to their sense of greed and beat out bragging rights at the country club.

There are no bragging rights in backing a loser. Or fighting a battle you can never win against the CIA, no matter HOW much money you throw at it.

Sometimes, reality wins. It's their call:

Whether it wins, or bites. Them. On. Their. Asses.

[CONSERVATIVES, THE PARTY OF LIMP WISTED, WIMPS!]

It sure shows what lengths Conservatives will go to. When a discussion is over their heads!

Do we want politicians who act as they do?