Showing posts with label Wall Street. Show all posts
Showing posts with label Wall Street. Show all posts

Tuesday, July 12, 2016

Politico: How The World Fell Out Of Love With Obama



Barack Obama
 
The Washington, DC based Politico website ran a hard hitting piece on U.S. President Barack Obama entitled “How The World Fell Out Of Love With Obama." The article carries the line, “In countries key to the president‘s legacy, people express profound disappointment in a man from whom they expected great things.” 

The article explores the deterioration of Obama’s presidency and legacy. Many had big hopes for Obama’s presidency, but he ultimately sold out to mentally ill Hollywood and greedy corporate interests on Wall Street and it has destroyed his name and legacy. It was a conscious choice he made and not one without consequences.

In 2008, Obama ran on a platform of “hope” and “change” but failed to fulfill those promises. Obama has spent an enormous amount of taxpayer money on failed, fruitless initiatives, pushed his personal agenda above basic human rights for all, deprived Christians of inalienable rights in violation of the constitution, railed against free speech via punishing journalists and bloggers.

STORY SOURCE

How the World Fell Out of Love with Obama
 
July 09, 2016 - In countries key to the president’s legacy, people express profound disappointment in a man from whom they expected great things. The rest of the world fell as hard for Barack Obama as Americans did. Back in 2008, the same qualities in the 47-year-old senator from Illinois that excited U.S. voters enthralled people around the globe. 

He was a fresh face and a compelling orator. He had spent his childhood in the Asia-Pacific, and his skin color alone made billions of people feel a connection with him. Perhaps most importantly, he was not George W. Bush, the president who invaded Iraq. Obama promised “hope” and “change” and people believed he could deliver—that he would end wars in Muslim countries, improve America’s standing on human rights, even alleviate global poverty. “Yes we can!” shouted The Age, an Australian newspaper, when he won office. Just months later, the rookie president was awarded the Nobel Peace Prize, a nod more to his promise than to anything he had accomplished. 

Obama’s overseas poll numbers were stratospheric in those early days. In countries like France and Germany, more than 90 percent of people surveyed by the Pew Research Center expressed confidence that Obama would “do the right thing regarding world affairs.” Even in some Middle Eastern countries, where U.S. presidents are rarely liked, nearly half of the populace had high expectations for Obama. 

But peace did not arrive in Obama’s time. Obama’s standing in much of the world seemed to sag each year as he struggled to fulfill his promises. America, after all, still has troops in Iraq and Afghanistan. In the Middle East, revolutionary movements, including ones Obama overtly backed, have largely fizzled or bred violent anarchy. And Russia has ignored Obama’s warnings and asserted its influence in former Soviet states, sometimes at the point of a gun. Many saw in this picture a naive president and a United States of diminished standing. 

In Jordan, confidence in Obama fell from 31 percent in 2009 to 14 percent last year, the Pew surveys show. Some 86 percent of Britons expressed confidence in Obama in 2009; in 2015, it was 76 percent. Even in Kenya, where Obama has family ties, confidence in him stood at 80 percent in 2015, down from the mid-90s his first two years. The numbers don’t suggest deep antipathy toward Obama, but the heady infatuation that accompanied his arrival in office has changed into pervasive disappointment...

Friday, June 24, 2016

Britain Votes To Leave The EU


David Cameron
 
Britain has voted to leave the EU. The British people have spoken. The will of the people must be honored. Britain belongs to the British people and they get to decide what they do with it (much like in any other sovereign nation). British Prime Minister, David Cameron, has resigned after backing the failed move to remain in the EU. Cameron stated a new Prime Minister will be selected in October 2016. People online have commented that U.S. President Barack Obama’s trip to Britain a few months ago regarding remaining in the EU, did the movement more harm than good. Britons do not want to be told what to do by Obama or any other leader they did not elect.

Cameron has done good things for Britain, via austerity and proper tax collection, which helped to guide the nation out of the 2008 financial crisis that emanated from Wall Street. Financial cuts were needed and it helped to increase Britain’s fortunes. The pound has lost some of its value due to the vote to leave prevailing, but is still holding. Markets all over the world have lost some of their value as well, in what is a correction to reflect the current vote.

There is no need to panic. Britain will be just fine. The Chinese yuan is relatively low and China is still a prosperous, industrious, wealthy nation. The key to flourishing in the world is producing goods and services people want and need. Britain has many great products and services people want and need. Britain has innovative companies in the area of finances, automotive, food and clothing, among others. The Premier League is also the biggest tourist attraction in Britain bringing in 5 billion pounds annually from visitors.

Britain is one of the oldest countries in the world. It is a very nice place to live. It is peaceful and civil. It is a great country that has survived a lot throughout history. Brexit is just a hiccup. That’s not to insult the EU, as there are many great countries in it as well. I love and admire nations such as France and Spain, among others.


Some believe Britain’s vote to leave the EU was based on discontent regarding immigration levels, which have dramatically surged. With the freedom to move among the EU nations, many Britons complained that the “traffic is moving in one direction” into Britain, creating new costs the British taxpayers had to underwrite. Many members of the British public feared the country would not be able to handle the added long-term financial costs.

Britain has free healthcare via the NHS and cash benefits to those who need it. People were moving into Britain from other parts of the EU and getting free healthcare, financial benefits and council housing. No nation in the EU can afford to indefinitely accommodate the level of traffic Britain received, plus pay 12 billion pounds per year into the Union as well. One nation could not sustain that indefinitely.

No country is perfect. However, I will state this, I know Britain well and I have not found it to be a racist or xenophobic country. There are many interracial marriages in Britain. There are also many marriages in Britain among local Britons and foreigners. On the whole, Brits are very open minded people. They do try to fight racism and xenophobia within the scope of the law, using legislation and court imposed penalties. Therefore, the vote was about a financial concern of many in Britain. Based on comments I have read in the lead up to the vote, I think the biggest gripe of the British people is the sum of money the country has been paying to the EU.

At the end of the day, the British people have the right to determine the future they want for their nation. That’s how democracy works. It is nice to see that though many in the British government wanted to remain in the EU, the vote wasn’t rigged.

The British people need to work together for a great future for Britain. Even if the vote did not go how you wanted it to, you still have a great country worth treasuring and preserving. Therefore, stand together and make things work. Invest in your country and the nation’s future.

Thursday, October 23, 2014

CNN States Ebola Caused Major Stock Market Decline Confirming What This Site Previously Stated


U.S. Stock Market

In the October 15. 2014 article “U.S. Stock Market Plunges” the Judiciary Report stated the Ebola cases that surfaced in America caused the stock market to sharply plunge, “The Ebola cases surfacing in America has also impacted the stock market in a negative way.” 

5-days after the Judiciary Report’s aforementioned article, CNN published an article to their website, which ran on television as well, proclaiming the exact same thing, “Fear has returned to Wall Street this fall and at least some of the heightened nervousness can be pinned on Ebola...But Ebola has contributed to the negative psychology that has sent stock prices reeling this month.” 

STORY SOURCE

Ebola is a fear factor for stock market

By Matt Egan @mattmegan5 October 20, 2014: 2:49 PM ET - Fear has returned to Wall Street this fall and at least some of the heightened nervousness can be pinned on Ebola. That's not to say the deadly virus is the number one thing keeping investors awake at night. There's concern about the global economy, deflation in Europe, China's slowing growth and Federal Reserve policy. But Ebola has contributed to the negative psychology that has sent stock prices reeling this month. 

Need proof? The chart below shows how the VIX volatility index has spiked since the summer. At the same time, the number of searches on Bloomberg terminals (a key resource for many investors) for news related to the Ebola outbreak has also skyrocketed. Of course, correlation doesn't imply causality, but it's worth noting.

Ebola is "not by itself directly responsible for everything, but it's obviously making things work," said Dan Greenhaus, chief global strategist at BTIG. ebola volatility The VIX volatility index has clearly been on the rise since July 1. So have searches on Bloomberg terminals for news surrounding the Ebola crisis.

Greenhaus, who published a similar chart in a note to clients Sunday night, said he's noticed a change in how his investor clients have reacted to the Ebola issue. "I saw the progression from curiosity and sideshow to something a little more paramount," he said. "In the context of everything else going on from European weakness to Fed tapering, if you layer on top of that whatever minor chance of a pandemic, you obviously have the recipe for additional volatility."

Turbulence hits stocks: That volatility was on full display last week. The Dow plummeted as much as 460 points on October 15 amid a plethora of concerns, including Ebola, before rebounding sharply. Two days later the Dow surged 263 points -- its second best day of the entire year -- as Wall Street cheered strong corporate report cards.

A sense of calm returned to Wall Street on Monday, with most major U.S. markets climbing cautiously higher. The VIX dropped 11%, putting it on track for a third consecutive down day. There was positive news on the Ebola front as 43 people who were in contact with Ebola patient Thomas Eric Duncan were officially cleared…

The Ebola concerns are not universal among investors. Greenhaus said he's noticed that clients who believe there's a reason to be worried about Ebola are very concerned. But he said those that aren't concerned believe it's a "sideshow, a convenient excuse and stupid it would get brought up at all."

Volatile travel stocks: There's far less debate over what kind of impact Ebola is having on certain corners of the travel and pharmaceutical sectors of the stock market. Just look at the bumpy ride airline investors are experiencing. Shares of Delta Air Lines (DAL) and American Airlines (AAL) have retreated more than 15% from their 52-week highs amid fears a wider Ebola crisis will scare people away from flying.

Cruise operators like Carnival (CCL) and Royal Caribbean (RCL) have also been hit, with their shares tumbling 12% a piece over the past month. On the other hand, investors are betting on which companies will be able to capitalize on Ebola. Shares of Tekmira Pharmaceuticals (TKMR) and other drug makers working on Ebola treatments have shot up in recent months. Lakeland Industries (LAKE), which makes Hazmat suits, has skyrocketed 100% since mid-September.
 

Thursday, October 16, 2014

U.S. Stock Market Plunges 450 Points


U.S. Stock Market

U.S. stocks dropped 450 points today, sending shock waves through Wall Street. It was the worst decline in three years, with many scrambling to save their investments. By the end of trading today, the DOW regained 262 points, after a big rally to boost stocks.

The U.S. economy is still struggling under the weight of unemployment, foreclosures and rising cost of living expenses, hitting people's pocketbooks. The Ebola cases surfacing in America has also impacted the stock market in a negative way. 

Thursday, April 24, 2014

Report: Manchester United Under Investigation On Wall Street Over Firing Manager David Moyes Which Resulted In Shares Rising



David Moyes

Reports online indicate century's old English football club Manchester United is under investigation on Wall Street by the SEC, over Monday's firing of manager David Moyes, resulting in shares rising. The sudden increase created an infusion of cash to the tune of $200,000,000, catching the regulatory board's eye.


Alex Ferguson

There's nothing to investigate. If you follow English football you'll know Manchester United saw their side suffer unprecedented defeats under new manager Moyes. As a result, many lost confidence in one of the oldest and most famous football clubs in the world. When Moyes was terminated on Monday, people became hopeful the club's fortunes would turn around and return to what it was last season when they won the title and Champions League. 


Ryan Giggs

Moyes' sacking has been the talk of social networking dominating Twitter this week. Several hash tags on Twitter concerning him trended highly for two days in a row. The attention attracted new investors. Football legend Ryan Giggs is the interim manager until a permanent replacement is chosen.

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Saturday, August 3, 2013

President Obama Slams Kim Kardashian And Kanye West

 

Uncle Sam...doesn't want Kim and Kanye

President Obama's temper is growing short with his Hollywood Illuminati buddies. First he slammed rapper Jay-Z, over controversially going to Cuba, trying to pin the blame for the scandal it created on him, then making it doubly worse by releasing a disrespectful song called "Open Letter" mentioning the head of state's name in the same sentence with the word "impeached."

Now he's slammed Illuminati members Kanye West and Kim Kardashian as superficial and bad role models for America's youth. President Obama stated, "The American Dream involved some pretty basic stuff: a good job where you felt some security, a good education. ... People felt if they worked hard, they could get there. ... I don't think people went around saying to themselves, 'I need to have a 10,000-square-foot house' ...I think there has also been a shift in culture. We weren't exposed to the things we didn't have in the same way that kids these days are. There was not that window into the lifestyles of the rich and famous. Kids weren't monitoring every day what Kim Kardashian was wearing or where Kanye West was going on vacation and thinking that somehow that was the mark of success."

Neither are examples of success. Kanye West has been sued by so many people, famous, relatively known and unknown, for copyright infringement, over willfully stealing their preexisting copyrighted music he passed off as his own and collected big checks for. His career is based on theft. Copyright infringement is a domestic and international crime.


Kanye West and Kim Kardashian give kids nothing meaningful to aspire to in society 

Kim Kardashian has no talent and became famous off the back of a sex tape. Kids and adults for that matter, should not aspire to be like them. Be the next lawyer, doctor, judge, tech giant, inventor. If you are going into entertainment, learn your craft, develop your talent and don't steal from others, as it always catches up to people and when they least expect it.

The government has not done enough to bring about a sense of equity and fairness in society. The mortgage crisis cost millions their homes mostly due to predatory lending and none of the executives responsible for the crisis have done a day in jail, though they broke the law. many of them retired rich. The bad guys won.

Companies based in fraud ripping off the public and smaller companies, made a fortune in doing so and were allowed to keep the proceeds without spending a day in prison. Meanwhile, due to the aforementioned fraud eroding the job market, kids are graduating from top notch schools and can't find employment.

What example is that to set for impressionable people. The message this has sent is hard work is no longer being rewarded and just because you work hard, don't expect to make it or succeed. The order has been reversed and it caused the financial crisis of 2008 that is still wreaking havoc today. Only cream should rise to the top...not the crap.

Friday, March 1, 2013

Black History Month And The Business Place


Barack Obama

As black history month in America draws to a close, the Judiciary Report would like to reflect on the state of life in America for black people. While progress has been made, there is still a long way to go. America has its first black President Barack Obama, which was a major milestone for the nation. More black politicians have gained places of prominence in the Republican party as well as the Democratic party.

In the business sector, things continue to lag behind, as some on Wall Street continue monopolies and "unfair business practices" designed to keep minorities out. Until the business sector follows the law of the land and desists engaging in discriminatory and fraudulent practices against minorities, equality will be but a dream, as an even economic playing field leads to equal opportunities for all - black, white, Hispanic, Asian and all.

Saturday, February 2, 2013

Mixed News On U.S. Economy Indicates Financial Trouble


President Barack Obama

The U.S. unemployment rate went up to 7.9 percent in January 2013. After Christmas, seasonal hiring ended, attributing to the fall off in employment. 12,000,000 Americans are currently unemployed. Gas prices have gone up again, another burden on motorists in tough financial times. What's odd is the stock market keeps rising, to heights greater than it enjoyed during America's most prosperous times under former President Bill Clinton. Something is off there.

Sunday, December 9, 2012

How Much Money Would It Take To Fix The U.S. Economy


Barack Obama (is this Obama's version of the "duck face")

How much money would it take to fix the U.S. economy, which is deep in financial crisis. That is a rhetorical question, as trillions have been spent trying to remedy the economy and it has failed to repair the damage. That should tell Washington this is not completely a money problem, but a procedural problem regarding law and order. There is something wrong within the system that needs to change. How can a nation have such a high GDP and be so steeped in debt and economic trouble. Something is not adding up.

The problem lies on Wall Street. Bad financial practices and corporate corruption. You can’t have companies like Walmart, McDonalds, Apple, American Airlines, Yum and others doing their part, while white collar criminals with corporate entities based in fraud and theft drag the national average down, determined to illegally make money.

Until there are proper investigations, raids, record and bank account seizures and arrests, to weed out the lawbreakers who do not belong on Wall Street, the economy will continue in a negative cycle. There’s no way around it.

The situation can be likened to farming. One has to prune and weed out the bad branches, leaves and corrupted fruit or it will ruin the entire crop. And America keeps experiencing crop failure for this reason. If Obama and his administration want America to return to profitability, they will have to cut some of their corrupt corporate friends loose. Man up and lock them up.

Thursday, December 6, 2012

Obama Seeking Financial Advice Anywhere He Can Get It But Is He Talking To The Right People


Barack Obama

U.S. President Barack Obama is in search of business advisers to help him address the significant problems occurring in the economy. Obama indicated he shunned this action during his first term as president, but it is now something he is "considering." 

Obama complained he had difficulty "recruiting business leaders into the administration" due to the confirmation process. However, there are other issues to consider. If one gets executives who are still in Wall Street's pocket, that will not help middle class and lower income people struggling to get back on their feet during the financial crisis.

STORY SOURCE

Report: Global Economy Recovering But The U.S. Is Struggling


Barack Obama

The Washington Post published an article this week titled, "The global economy isn't falling apart. The U.S. might be." The piece indicated the global economy, particularly the manufacturing sectors of the world, have stabilized, except in the United States. 

The article further reported, China's "manufacturing sector expanded" and Europe has risen as well. However U.S. data indicates a decline. Something is very wrong. This should not be happening. The Obama Administration does not have a grip on the financial crisis, started by predecessor George Bush's unwise choices while he was in office. 

However, as Obama goes along, the damage incurred during his term will be attributed to him. The mere fact other nation's are climbing out of the crisis and America is not is another of many indicators the government is going in the wrong direction. 

STORY SOURCE

Monday, July 30, 2012

It's More Than The Money With Madoff's Madness

 

Bernard Madoff

The case of Bernard Madoff and his appalling ponzi scheme hurt many people on different levels. As U.S. government's trustees begin plans to make financial payouts to the victims, albeit inadequate ones, as much of the money was squandered, one is reminded of the terrible personal and emotional toll the case took on innocent people. 

While some feel sympathy for victims in the case, others do not. A few people have stated the victims are rich or greedy and deserved to lose their money to Madoff's mad schemes, but this is not correct. Some of Madoff's victims were charities and middle class folks that were not wealthy.  

The Judiciary Report took a good look at the case and is sympathetic to the victims and here's why. For many, it was more than losing their money. It was having to come out of retirement at an old age, after decades of working hard, to take difficult menial jobs that paid very little, simply to put food on their tables. That seems quite unfair.

For others it was the loss of their children's dreams of going to university, which is sad. For some it was the loss of their business and laying off workers, who depended on their salaries to feed their families. For many it became terrible depression, after being wronged and robbed of all they had worked for in life. For others it is feelings of betrayal at being viciously deceived and defrauded by a man they thought was decent. 
 
Society can do without such behavior and it is sad that there are more Madoffs operating in the financial sector, who have not been caught yet. The Madoff case was more than just money. His conduct destroyed dreams and people's peace of mind.  
 
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Tuesday, June 26, 2012

Hardworking People Can't Even Make It In Anymore America

Something Has To Change


President Barack Obama

It's a sad indictment of today's society when hard work doesn't even get you ahead in America anymore. Young people are coming out of university to no jobs, big student loans to repay and are fearful over their futures. People are working long hours, some at two jobs, for less pay than before and are barely making ends meet. Small and mid-sized business owners are losing their shirts trying to stay afloat in an economy where the government has forsaken and ignored them in favor of big business, who created the financial crisis in the first place.

Wall Street, Hollywood and the corporate sector as a whole, who created the financial mess, continue to live lavishly off ill-gotten gains made by robbing and gouging hard working people and it was and continues to be a great injustice. The order has been reversed and in a terrible way, which is why the U.S. economy has not recovered 5-years into the crisis. Until that order is reversed back, things will continue along a detrimental path of financial deterioration.  

The thieves and criminals are prospering, while hardworking people struggle and suffer, due to the cowardice of the Justice Department, FBI and the S.E.C. To have a prosperous economy, there must be proper regulation and equitable laws governing the financial sector that are enforced. No sense in having laws one does not use, as they are rendered in effective and is a major inducement for some to commit crime.


Barack Obama walking on the grounds of the White House 

The Obama Administration has not cleaned up the corporate sector as too many of them are his rich donors. He has instead opted to spend the nation into debt, throwing money at a problem that was caused by indebtedness in the first place. IT was the equivalent of throwing gasoline on the fire. 

However, the greedy architects of the current financial crisis, did not think ahead, as they have damaged America in terrible ways, in something that is now affecting them as well. People are investing less in the stock market. People aren't building or buying homes like they used to, because they can't afford it and many are saddled with bad credit. Fewer cars are being sold. People are going to the movies a lot less and buying fewer music albums. A recent report revealed people in America are even cutting back on or getting rid of their cable television service. 

That greed of the corporate sector to gouge and gain as much money overnight, has led to long term losses that have eaten away what they would have made over time and created sales declines. They have not come out ahead, losing more than they have gained. Stealing is not a shortcut to success. It is the precursor to a nightmare. 


President Barack Obama, former President George W. Bush and his wife, former First Lady Laura Bush

Another serious side effect of big business being allowed to wreak havoc in the United States is America has lost its economic clout in the world, something Washington is having a very difficult time coming to terms with. The entire fiasco is a chain reaction of events, triggered by the greed of a handful of people in the corporate sector, in criminal misdeeds Congress failed to stop, due to campaign donations from the aforementioned, unduly rich lawbreakers.
 
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Monday, June 18, 2012

Too Big To Fail Or Go To Jail - Part 2

 

Barack Obama

Some companies in the corporate sector think they are "too big to fail." However no company is "too big to fail." Looking back through corporate history there are on companies that have collapsed and closed, such as Enron, WorldCom and Washington Mutual, to name a few, who were once thought to be invincible.

Those were all big companies that failed, collapsed and are now gone. A memory. No company is too big to fail, but it is a lesson the corporate sector has not truly learned, taking dangerous risks on financial instruments that devastate economies. Some corporations have become too corrupt to stay in business, but their haughty way of thinking they are "too big to fail" or go to jail, will be their downfall.

RELATED ARTICLE

Wednesday, June 13, 2012

A Healthy Financial Balance

...And How The Very Rich Destroyed It For Everyone


President Barack Obama and former President George W. Bush  

The world once had a healthy financial balance. In the 1980s and 1990s, things were still pretty good in the world of economics. The current financial crisis, which began in America and then gripped the globe, due to the corporate sector having been deceitful with investors, regarding the true value and projected growth of their products and investments, in addition to engaging in thievery, marks an historic attempt by the rich in society to greedily own it all.

There is a terrible elitist attitude among many of the very rich in the nation, who are ripping off and gouging the middle class and poor, that only they should be wealthy. They try to hold people back from moving up in the world, as they want to stop others from prospering, like they have some exclusive patent on wealth. Such conduct is despicable.

They have become obsessed with numbers and bank balances. As a result, they threw off the national and global financial balance in the world, determine to increase theirs in any dishonest manner they can. This unholy greed and avarice that has consumed the rich, has brought America and the world down, in this unyielding financial crisis, which will be shamefully remembered for generations to come, in a disgraceful story taught in schools as what not to do. 

This elitist criminal conduct is also very unwise, as there is only so much the people will take.  The Judiciary Report is not trying to instigate violence, but sounding the alarm to the government that they need to get their act together, because historically speaking, when things have reached a certain point in world history, people react. When people can't keep a roof over their heads or feed their families, they react. People hate suffering, especially situations brought on through no fault of their own (getting laid off or robbed).

Stop shielding financial fraudsters and high profile criminals continually breaking the law to get rich and richer, as it is causing America to get poorer and poorer. Even with all the stealing and gouging that was done by the rich and those seeking to become so, America has never been so poor, meaning this criminality is setting the nation backwards, not "forward" (Obama's new slogan is, well, "forward").

Why should millions of people suffer because of a few hundred rich thieves, fraudsters and schemers, too lazy, covetous and overindulgent to get real jobs and accept the fact the world is not their oyster for the taking stealing. Learn from world history or things will not end well.

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Saturday, June 9, 2012

Too Big To Fail Or Go To Jail

  
Barack Obama

The current financial crisis which exploded in America in 2008, then spread to the rest of the world, has done significant damage to many people in the United States and around the globe. Yet, in the face of all this financial destruction and ensuing social turmoil, no one has gone to jail or prison in America for these terrible economic crimes that has caused so much suffering.


The term "too big to fail" is often employed regarding major corporations that are experiencing financial loss. However, too big to fail or go to jail, should be added to the term, as the Obama Administration, much like the presidency of Bush before him, have given a pass to financial criminals that have cost America and the world so much. Not exactly a deterrent from committing crime. This is corrupt and needs to be changed.

RELATED ARTICLE

Saturday, June 2, 2012

Mark Zuckerberg Is Having A Very Sad Honeymoon Due To Facebook's Flop On The Stock Market


Mark Zuckerberg and wife Priscilla Chan (Photo Credit: Splash News) 

The photos of Facebook CEO, Mark Zuckerberg on his honeymoon in Italy are quite telling. He and his new bride, Priscilla Chan, look depressed. I've never seen a married couple look so sad on their honeymoon. What could be troubling them.


Mark Zuckerberg and wife Priscilla Chan (Photo Credit: Xposure) 

Could it be because Facebook's IPO was a disaster, scores of people are suing him and the stock is sagging like Madonna. Yea, that'll do it. Such circumstances would bring just about anyone down. What a sucky way to spend one's honeymoon, moping and looking like one wants to cry. Congrats! Somewhere the Winklevoss twins are laughing.

Friday, May 25, 2012

Facebook Fallout Continues As More Information Is Made Public On Disastrous IPO Filled With Insider Trading


Hype Over Substance

 
Barack Obama (center) and Mark Zuckerberg (right)

Facebook stock is being publicly referred to as a rip-off, after a catastrophic IPO on Friday, May 18, 2012. The stock has had a tumultuous week since its debut, continuing on a downward decline. It was hyped to be the biggest and best IPO ever to hit America.

It was done in order to sucker investors out of their money, but the bubble burst immediately, leaving many feeling duped. Some people borrowed money they didn't have to buy the stock, while others risked much of what they had and are now facing serious financial problems for having done so.

Zuckerberg cashed out of Facebook immediately, while investors got burned. He made a fortune in doing so and saved a lot of money in the process as well. This should serve as a red flag to investors. What kind of terrible message is that for Zuckerberg to send to the domestic and global public, regarding the head of the company quickly dumping the stock, indicating he doesn't even believe in his corporation.

Some portray Zuckerberg as a genius and thrifty figure, but he is neither. He is a thief that stole Facebook from the Winklevoss twins and Eduardo Saverin and has been living a lavish lifestyle in a massive mansion off the criminal proceeds of his illegal conduct.

He has escalated the theft to a whole new level, by stealing from the public in overvaluing Facebook for its Wall Street IPO, then immediately dumping the stock when the truth became apparent, making a financial windfall in doing so. This constitutes several felonies.

Mark Zuckerberg

Facebook's IPO is damaging the U.S. economy, with lawsuits flying, people demanding full refunds and many questioning the integrity of the stock market. After Madoff, Stanford, Enron and Worldcom, to name a few, the public is weary of being fleeced and misled by the financial sector. The SEC is doing a poor job of regulating the industry.

Once again, President Obama and the FBI find themselves in controversy, having legitimized Zuckerberg in the public's eyes, via the former inviting him to the White House for a full press dinner and separately, invasive FBI Director, Robert S. Mueller, tracking Zuckerberg down to kiss his backside at a function, in seeking to use Facebook to illegally spy on Americans, as is his way.

Once again, the Obama Administration is championing criminals to the public's detriment, while trying to destroy honest businesspeople that don't bow down and worship him, but publicly speak out, realizing he is taking the nation down the wrong path.

As stated on the site previously, the Judiciary Report is on the side of truth, as difficult and as odd as it may seem sometimes, due to the deeds of others. The Judiciary Report does not like breaking negative, incendiary or weird stories, but when the conduct of certain individuals or companies is of that nature, it becomes a matter of public interest the world needs to know about.

You cannot say the site did not warn you of questionable conduct on the part of public figures and executives at Facebook (and other companies such as News Corp as well). The Judiciary Report and its sister site, the Celluloid Film Review, warned for well over a year that Facebook is operating on fraud. The Facebook site may be fun for the public to visit, but for world governments and financial investors, the sites warned there are serious problems behind the company. Now you see some of it for yourself (there's worse to come).

Facebook Engaged In Insider Trading Knowing Stock Would Flop

Mark Zuckerberg

Reports are indicating Facebook engaged in insider trading, to protect wealthy investors that are friends of so-called founder, Mark Zuckerberg. This conduct is completely criminal and warrants an investigation. An embarrassed Congress has already called for an investigation into the fiasco of an IPO, after a few senators were grandstanding over ex-pat, Eduardo Saverin, for renouncing his U.S. citizenship, after being ripped off by Zuckerberg.  
Mark Zuckerberg

A number of investors not in Zuckerberg's circle of friends, have sued stating Facebook inflated the value of its stock and earnings. In the past, Zuckerberg did something similar in undervaluing the company, to give the Winklevoss twins as little money as possible in court, after they sued him for stealing their idea, which became the social networking site Facebook. When thy figured out they'd been duped out of at least $10 billion dollars, they sued to reopen the case, but the Supreme Court failed in refusing it.

"The Social Network" movie

Sadly, people that clamored to Zuckerberg have egg on their faces for defending him, as the IPO has been a complete disaster of global proportions. He is a one trick pony that stole his way to the top and is now experiencing a fall from grace. It's time the public learns he's not the man with the ideas like Steve Jobs was when he was alive. Zuckerberg is the man that stole an idea.

Tuesday, May 22, 2012

Facebook Stock Plummets Leaving The Company's Future In Doubt On Wall Street


Mark Zuckerberg

Facebook is turning into faceflop on the stock market in New York, as shares of the social networking site plummeted yesterday. On Friday, May 18, 2012, the stock was being propped up by traders intervening via artificial methods to stop it from going under on Wall Street, which was not enough to counter low numbers regarding its IPO. 

It was billed as the biggest IPO in American history, but failed to live up to those expectations upon its debut. Bad buzz online isn't helping matters either. Yesterday's poor performance of the stock cemented said view, with many people describing it as "disappointing."