This was going to be a funny post until until I started thinking about it.
It's been eight years since Mark Zuckerberg put Facebook on the Internet. Today, Facebook goes public with shares going for $38. Expectations are that by close of business Facebook will be worth 104 BILLION dollars. That's a long way from a Harvard dorm room. That would make it worth more than Disney, Ford and Kraft Foods. It would be the second-largest U.S.-listed IPO behind only Visa. Facebook’s market debut, the biggest tech company IPO ever, should create 1,000 millionaires overnight.
So in the spirit of the day we here at the Lucky Puppy present....
THE TWELVE DAYS OF FACEBOOK
I pulled this off of Facebook. It's that good. Whether it's true or not, it makes a very good point. STORY: On my way home from work, I stopped at Taco Bell for a quick bite to eat. I have a $50 bill and a $2 bill. I figure with the $2 bill, I can [...]
The United States Military Academy at West Point mints the one ounce gold American Eagle.If you toss a penny 10,000 times, it will not be heads 5,000 times, but more like 4,950. The heads picture weighs more, so it ends up on the bottom. The paper used in making U.S. currency is made (70%) from [...]
Go get your check book. Look at the signature line on a check. Look at it with a magnifying glass. See anything? Talk about fine print. Why would banks do that? By signing on the line you are endorsing the Legal Fiction of the bank account transaction. This is also known as The Straw Man. [...]
As the Federal Government monetizes the Federal debt our money will become worthless…just a piece of paper.