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User Info Tickerguy With Max Keiser - Greece!; entered at 2012-05-30 14:20:21
Seberbach
Posts: 165
Registered: 2007-10-25 Ann Arbor, Mi.
Karl:

Great job on that interview! Thanks for doing that.

FYI & BTW:

I first saw that interview from a random google on "confidence games", near top of the list, not from first reading about it on the ticker guy blogs....

Re ads, search engines, social networking companies and confidence:

Wouldn't even Google's ad revenue get damaged if people were afraid of invasions of "privacy" like has happened with Facebook? And can Americans
trust Google any more not to steal and later have stolen from them private electronic financial account numbers and passwords......than they can trust
anonymous quasi-military hackers like the Chinese, or any other large gov't or corporate enterprises?

That is one reason why I agree that Facebook stock offering is a zero....buying that stock could be just a weird sort of a hidden tax. Who should expect a return from that kind of investment? It is not very financially relevant, it's about social relevance; "what is hot and what is not"... and personal advertising (I would not call reading of self promotions invasion of privacy!). (Which is not all bad...or is it even partly bad?)
2012-05-30 14:20:21