With Facebook acquiring virtual-reality company Oculus, one of the all time great sucker plays -- the “Jumpstart Our Business Startups Act,” signed by President Barack Obama on April 1, 2012 -- has been revealed as the massive bait-and-switch it is. (The JOBS Act? How's that for a misleading title?)(source infra)
Attention Suckers: Please Send Us Your Money - Bloomberg View: " . . . . In the case of Oculus, where you weren’t even promised equity, you simply revealed yourself as clueless naifs. What did you really expect to happen when you sell Democracy to the highest bidder? Yay, crowdfunding! The sheep have been shorn." (read more at the link above about Obama's latest scam--the JOBS Act)
Tweet Follow @johnmpoole
The Big Picture
Financial Crisis - The Telegraph
JohnTheCrowd.com | The Sailing Website
Craig Newmark - craigconnects
- ► 2015 (131)
- Obama, Democrats, Delusion and Denial
- Glenn Greenwald Wins Pulitzer Prize for NSA Spying...
- The Obama Effect: Will It Defeat Hillary in 2016?
- Prison, Torture, Mass Incarceration in the US (video)
- Three Legal Ways to NOT Pay Taxes (video)
- Walgreens, Corporate Inversion, Tax Avoidance
- Our Broken Tax System, Here is a Fix
- Which US too-big-to-fail bank are you using?
- Five Biggest Scams of the Year (video)
- Unemployment Still Terrible, How to Fix
- Obamacare Unsustainable
- The Destruction of American Boys
- NSA abuses, Google Search
- Larry Page, Google CEO, says NSA 'Tremendously Dis...
- Base Jumper Leaps Off 1 World Trade Center video
- Snowden's Five Biggest NSA Bombshells (video)
- Secret Service Misconduct, Systemic Problems, Lead...
- US Intelligence, Desperate Lies, Huge Incompetence
- Attention Obama Suckers, The JOBS Act Scam
- US Economy, Contracts to buy homes fall for 8th st...
- Governments as Customers, Corruption, Crony Capita...
- Obama government: inept, incompetent, bureaucratic
- Governments That Block Twitter, YouTube, or Facebook
- Mike Rogers, Goodbye and good riddance!
- Peter Thiel says NSA Showed Huge Incompetence on D...
- Academic Research, Scholarship-for-hire, Conflicte...
- Fort Knox of Copper (video)
- $19 Billion, Whatscrap, Whatscrack, Whatsthat?
- How to Be An Innovator, A Personal Roadmap (slides)
- Why the Dollar Endures
- ▼ April (30)
- ► 2013 (380)
- ► 2012 (423)