What has happened to Mickey Mouse?

al_martinez The mouse that scored

By Al Martinez | November  1, 2013 12:05 AM | From LA Observed

There has been much ado on Facebook this week over a comment attributed to Sarah Palin that Jesus Christ had celebrated Easter during his time on Earth, even though just about everyone knows he was crucified three days before what became Easter. Ridicule, animosity, name-calling, hatred and other misanthropic adjectives darkened cyberspace when the story appeared, even after it was disclosed that the report was a fictional piece published in a satirical blog called the Daily Currant.

I, of course, as a registered Weeping Liberal, joined right in using terms like “horse’s rear end” and “stupid baby ass,” my granddaughter’s phrase, to describe the unfortunate woman who, shudder, aspires to become president of the United States someday. Then I checked out the Currant story, discovered its satirical intent and placed the truth on FB, but was told to “rot in hell’ and the animosity continued anyhow and is still sputtering away.

More …

Facebook Folly

How many website do you subscribe to?

The say 800 million people have Facebook accounts. Those accounts are free. I am one of those subscribers and most likely so are you. I have never purchased anything as a result of having that account. I only go onto the account when I am bombarded by e-mail messages telling me that I have messages that require my response. Usually the messages are from people I do not know but want to be my friend. These are people who “maybe” did meet me somewhere but I can’t remember where and their faces are not familiar to me.

 I must agree with Betty White when she presented her monologue on SNL. “I really have to thank Facebook … I didn’t know what Facebook was, and now that I do know what it is, I have to say, it sounds like a huge waste of time. I would never say the people on it are losers, but that’s only because I’m polite. People say ‘But Betty, Facebook is a great way to connect with old friends.’ Well at my age, if I wanna connect with old friends, I need a Ouija Board. Needless to say, we didn’t have Facebook when I was growing up. We had phonebook, but you wouldn’t waste an afternoon with it.”

Betty White Monologue

Apparently Mark Zuckerberg convinced himself and millions of others that his free social media site could be a marketing tool. Betty White is correct. He is trying to sell access to the telephone book.

Buy a share of Facebook? Why? How many people will reach their purchasing decision based upon the things they see on that site. Facebook’s number three advertiser, General Motors, has discontinued their advertising on the site.

Should You Invest in Facebook on Day 1?

General Motors has announced that it will stop advertising on Facebook after determining that the ads on the social-media site are ineffective.

The hype over Facebook’s IPO really is extraordinary. While many younger people are fans of the social media giant, there really is no indication of the actual earning power of the company. I saw Your Money on CNN this past weekend and two of the three guests were totally positive that making an investment in this company would be a wise move. The third, Ned Riley (Riley Asset Management) said the shares will likely start at about $60 a share and go lower by this time next year.

Apple struggled for years before finding its strength. Google just kept building its strength from the start. Other social media web sites have struggled. Which retail web site comes in third place behind Amazon and E-Bay? I don’t know the answer.

For those people who are willing to gamble the investment is a wonderful opportunity. For those of us who want some real performance numbers this investment seems very suspect.