Facebook Still Sucks

To get a full understanding of how bad it is, the WSJ ran a series on the Facebook files recently. Link here but it might require a subscription. It points out the obvious, but also that it’s such a screwed up company now that it can’t get out of it’s own way.

It talked about how it ruins the lives of people, especially teen aged girls. Zuckerberg then said how it enhances peoples lives in a washing machine spin of doublespeak.

They block who they don’t like and let who they do like post anything, even against their own policies.

Now the Facebook fact checkers just censored peer reviewed science because it doesn’t fit the narrative.

And this about Zuck:

Facebook Investor: Company Paid $5 Billion to FTC as ‘Quid Pro Quo’ to Shield Zuckerberg

Fortunately, I don’t care as I cancelled them. It along with Twitter are helping to ruin the country and people’s lives around the world. It has taken a political position on things. I don’t care which side it picks, but it should have been a neutral platform.

Instead, it is now a high school place where you are a part of the in crowd or not. Those with a triple digit IQ should move to a better and more productive place, like going outside and enjoying life.

It was too childish for me and I didn’t want to open it anymore to see the spew that comes from it.

I still talk to those who really are my friends. Most of them were never on Facebook.

For Introverts, not being on it also lets you escape from a lot of noise that sucks your personal energy and time.

Sounding – A Terrible New Internet Trend (sticking things in your dick)

First they ate a spoon of cinnamon. Then, they were snorting rubbers (It’s on YouTube, I didn’t want to have to see it again).

Now there is sounding. It’s sticking something in your dick to see how far you can do it.

To no one’s surprise, the participants are going to the hospital and are being injured, like this boy who stuck a USB cable so far down that he couldn’t get it out.

A U.K. teen had to undergo emergency surgery after a bananas attempt to measure his manhood resulted in him getting a USB cable lodged in his urethra.

The phallic fiasco reportedly began after an unnamed 15-year-old boy was “triggered by sexual curiosity” and inserted a USB wire into his urethra, per a wince-worthy study published in the medical journal Urology Case Reports.

The sexperiment backfired when the cable became lodged in the curious teen’s scrotum like an electronic catheter. Despite attempts to extract it himself, the USB cord became tangled so terribly that both ends were left hanging out of his wired willy.

Play with it, use it to pee and the other stuff it was made for, but don’t stick anything in it. It is your best personal friend for men and a play toy for females.

Why I Don’t Argue On Line Anymore

I’ve written about Internet Road Rage and Stupid Things Smart People do. It’s also why I stay away from a lot of social media. My life is a lot happier that way. Also, I don’t have to worry about my body image that Zuckerberg lied about yesterday.

What Is Normal These Days?

After 2020, the election, Covid, Afghanistan, Political Correctness, riots in cities and the many alphabet groups that support some PC and SJW nonsense I don’t know what normal is anymore.

I’m just trying to get by and avoid as much of that stuff as I can. I’m trying to focus on more important stuff in life. Once I can understand their motives, I know whether they are self serving or have an issue that is genuine. It’s hard to do with the fake news and the crap on social media.

I am taking in everything and everybody to try and figure out the players and their motives. For now, it seems everyone is out for their group, or against a certain sector that they hate. In other words, they are out for themselves rather than level headed thinking and God forbid, helping others.

How AI Is Spying On You Via CSAM – Apple Version They Say Is Hashing – I Call BS

This is pretty complex stuff. Needless to say, this is how Big Brother is watching you.

Why do you think that you get ads for something you never searched but just talked about? Hell, sometimes I just think of stuff and it shows up it seems.

You are a dumbass for taking nudies or sexting because they are probably laughing at you as they can look at everything.

You’ve been warned.

How To Get To Know An Introvert

There are a lot of jokes about extroverts adopting introverts and so forth, but the answer on really how to get to know one is less obvious to the world. It is clear as a bright sunshine day to introverts.

I know I have little patience for small talk. I don’t want to hear about surface level nonsense that is mostly irrelevant. It becomes a Facebook discussion on saying anything you can to get the most likes in the conversation.

That is a social rule that was written by extroverts because they are louder and dominate the discussions. When the yapping starts, I watch the introverts shutting down. It is mentally draining. It takes me days to recover from having to listen to this.

I’d rather just not talk and I don’t go to a lot of things just to not to have to hear it. I like the people, but the energy draining isn’t worth it.

On the other hand, if you want to talk about something meaningful, watch me open up. We don’t have to talk about derivative equations, but cut the shit and meaningless banter. I have a great depth of knowledge on many subjects and enjoy the conversation that is intellectually stimulating.

Fortunately, I am not bound by whether someone likes me for what I say or comply to. There are a lot of times I’m grateful that someone thinks I may be anti-social because I don’t want to listen to gossip. It’s usually a hate fest anyway.

I had an oncologist tell me that girls will tell other girls how good they look when it is awful, just so they will wear it and look bad. How effed up is that? They hate each other and I don’t want to hear about it.

So get to know me. That is two fold. Don’t gossip or try to keep the conversation going for the sake of talking. The other is try to go below the surface and show that you have thoughts about something sincere, really anything. Try pets for example. How tough is that?

I’ll do my part and even put up with the introductory small talk to get to know you, but if it doesn’t go past that very soon and you start repeating the same thing, or if it’s just trashing someone else, I’m out.

I develop Mauerbauertraurigheit (definition and discussion here) quickly and am gone.

How Social Media Works Against You

I’ve written extensively about this, especially in Internet Road Rage. Go read it to see who these cowards are.

No matter what you do, someone has a beef (vegans will get me here, just another example) with whatever you say.

It used to be don’t talk politics, religion or something else at Thanksgiving or you’ll piss off someone in your family. Now, just like someone and you are one of Hillary’s deplorables (She gave the the best example, why I’m using politics here hoping to draw some ire from a commenter to prove my point. I could care less about her or her opinions other than it works).

Now, you can’t say anything on social media without someone being offended. I think it’s funny if they fall for it though because it just shows how shallow people are. Just go to Quora, hater (twitter) or Fakebook to find a large group of the clueless. That they are trying to censor people who don’t agree with them just shows bias and ignorance.

So, you can either be smart and blow off the idiots looking to be offended or trying to prove their point to the world, or just fall in line with the masses and get into it.

How Did I Ever Survive Growing Up Doing This?

I look at the time out generation and think what a bunch of pussies they are. In reality, it is the parents fault.

I remember getting caught on a coral cliff at the beach and yelling for my Mom. She told me you got up there, you get yourself down. I got down and didn’t try that again.

These are the same complainers and cancel culture morons ruining our lives. They never had to grow up.

They complain on social media now and think someone cares.

Describing Almost Every Movie In One Picture (1000 words)

With CGI and the video game culture of limited attention span, combined with the need to shoot everything that moves, there haven’t been great movies recently.

You have to tell a story, build up tension, explore a characters mind and motivation to become emotionally involved.

I don’t need to write the cliche because anyone who reads knows it’s true. You can’t cram the development of what is going on inside of your mind into 1-2 hours of someone else’s version of the story.

Besides, in the race to become the most “woke”, most of the protagonists are cast incorrectly.

Enjoy reading. It’s better than wasting time on fake book.

I Got What I Expected, China is Stalking Me

I’ve posted stuff on Covid (link here to some of my posts to make it easy on them), where I called it the China/Wuhan virus, all to point at the CCP and the MSM. I also have done a lot of gene editing posts about creating bio weapons and super soldiers, and highlighted how they have doped the athletes over the years.

I don’t single out just China. I’ve listed stuff a lot of other people or countries have done too.

My blog is insignificant compared to others who have massive audiences. I go after the Media a lot too. I worked with them for decades and know how much they lie and how biased reporting is. (Recent studies show they have about 12% trust in America).

The statistics show me who’s reading what, and all of a sudden I’m getting a lot of hits from them. They re-route through multiple servers, but I can see that too. I poked the dragon and they responded, from all over the world.

I can’t be cancelled off of fake book or Twitter, or most of social media either because I cancelled them first. It is a cesspool of hate and once you try to silence any group, you are no longer free or accurate. It just becomes propaganda and Josef Goebbels showed us what that leads to.

I’m shocked that they give a crap about a blog that now has topics that go all over the place, but not surprised that no stone is left unturned.

Maybe I should work on the Russians or the Iranians next. I could create all kinds of fun. I think those guys kill people with polonium though. I don’t want to die like that.

Perhaps they’ll get a kick out of all the Gorilla Glue screw ups instead.

Just Another Reason Why I Love That I Fired Facebook

“Free speech is not an absolute human right,” says Helle Thorning Schmidt, member of Facebook’s Oversight Board and former PM of Denmark. “It has to be balanced with other human rights.”

How does that translate to content moderation? It must strike a balance, find a middle. pic.twitter.com/E5reaQ2bnk— POLITICOEurope (@POLITICOEurope) July 15, 2021

The Facebook Oversight Board, which consists of 20 members from around the world, was created last year to help corporate executives to distance themselves from decisions considered to be politically.

———————————–

Seriously?

We’re told we have to use certain words to describe certain people (pronouns). I can’t keep them straight.

Anything that some people say is wrong and others are always right, based on arbitrary rules that benefit only the elite.

Who told them that they are the arbiters of what we can say? (They can’t for me as I deleted them).

Most of all, why are they trying to stop free speech? Usually it is because they have something to hide.

Why are people standing for this? Those that do are dumbasses.

I can say that my life is much better without it. I have a lot more time and most of the content is BS anyway. Now, if only certain things are allowed, you have a one sided discussion. Count me out.

It is funny that the Whitehouse is fighting with fake book over Covid content in a game of finger pointing. They always eat their own.

What is humorous to me is that I have Danish relatives. Live by Jante’s Law, die by the sword.

Millennials vs Boomers, How Each Turned Out

I got my ass beat a lot growing up. It was almost every day one summer. I’m pretty sure I earned and deserved every whack. I turned out just fine and respected my Dad even though he was the administrator of spanking.

When I look at the woke people, the cancel culture and the idiots on Twitter, Fake Book and other social media, I’m thankful for my upbringing. It scares the crap out of me that this group of ‘tards are about to run everything while a bunch of them still live in their parents basement.

The ones that made it out of the basement are bringing down the NBA, NFL, MLB and the rest of sports and entertainment (and life).

I also can get anywhere with only a map, write in cursive and can figure out how to fix just about anything without a search engine.

Covid Facts Not Matching The Narrative, It’s How To Manipulate

Well, this won’t be my most popular post, but if you read about me up top, I see patterns. A lot of what has happened smelled wrong to me. I could still be wrong, but I’ll bet a lot of people think the only accident was it escaping the lab it was created in. I see deceit (well, they are politicians), misdirection (a typical PR trick) and a lot of obfuscation. The MSM covers it like the second coming.

I’ll bet I catch some flack from the censors and from subscribers who disagree, but everyone is entitled to their own opinion. I heard they are stopping articles that say HCQ cures it so read quick as this might not be up long.

Here’s mine, I don’t know the real answer and may never as might not a lot of people. What I do believe is that what actually happened isn’t what we were told and that a lot more will come out about it. I think a lot of eyes are going to be opened about what is going down right now.

Number 6 just gave me another reason to think social media has a dark side and they are one of the faces.

Number 8 looks like it is true based on his emails. Amazon pulled his book so something is up.

I’m seeing guns, beer, cash, hotel stays, joints and a lot of other bribes to get the vaccine. How about letting people make up their own minds before we get to step 4 on the top meme?

Facebook Police: Who Is Reporting Your Meme’s

It was Karen.

Fortunately, my life has been spared the hell of Facebook as I censored them. I also cancel-cultured them. Hey woke people, did I get the right language there?

I realized that I don’t miss it and I have a lot more time not spent in front of a screen.

Mark Twain: Never Argue With Stupid People….Hello Facebook, Twitter and Most of Social media

Also never get in their way when they are losing arguments and taking each other out. I find this on Quora a lot also. I already published Stupid things smart people do, although the title may be wrong about them being smart.

Beware Of AI, The Robots Always Kill The Humans

2001: A Space Odyssey, Terminator, Aida of Agents of S.H.I.E.L.D., the robots always want to take over in the end and kill the humans.

See below the meme on stupidity so I can get to the point.

Yes, this woman is an idiot. My robot vacuum is so stupid it doesn’t know where it’s going. I named it Jarvis after Ironman’s AI assistant (Paul Bettany). It is my dearest form of sarcasm. So the vacuum isn’t going to kill me, but that isn’t my point.

The AI in the wrong hands is dangerous though.

For example, what if an AI-bot creates vaccines for diseases by predicting what the next strain will be. What if the next strain is the one that causes humans to shut down all the robots. There you have the premise for how it goes with AI taking over. Kill the humans.

I could bore your with many other examples like using AI to enhance a soldiers armory. It would be controlling your actions, making you more invincible in war. If it sensed a danger that didn’t exist, it could fire up the code to kill everyone in the way and you have created a murderer out of an innocent man. Kill the humans.

Fortunately, I’ve been around AI development. That danger isn’t exactly around the corner yet.

I worked at IBM and knew that Watson was a gimmick. The Chairman told me it was. They are trying to sell it now because it’s usefulness in medicine paled in comparison to it winning Jeopardy. It was a lot of wasted money because they could to sum it up.

Some of the team have moved to Quantum Computing because Watson was a dud.

Microsoft, Google and Facebook are much different and apparently more evil. IBM is too bureaucratic to turn it into a killer robot. However, if you’ve read any of my social media rants, you know that I trust these three companies less than almost anything, except Congress and the media. I will say they are equally evil though. (Another shot for the censors to see if they are watching here). They are the ones that will kill the humans.

Now, imagine if it got into the wrong hands. What could some guys who want to either take over or blow up the world do with that kind of power? Those bastards are evil. At least the robots just went bad.

And there you have it. Like many things we can create, there is always someone hanging around to put it to bad use.

Bacon and Bombings, Testing the Censors

I love bacon. It’s what I thought of when I saw this. Then of course, I recognized an opportunity to test out the censorship of WordPress.

I think a lot of the tech companies are loony about free speech and who is allowed to have it. That’s why I put stuff up that I know others will get mad about. It’s not about you honey, this is poking the dragon ever so slightly at first.

I self-censored Fake Book and Twitter so I can’t go after them, but then I’d have to be in that cesspool to get kicked out. I left that social media shithole behind to better my life. It worked.

About That Cancel Culture Thingy

I slip in things like China Virus, IRS is big brother and other words just to give the censors something to do. Sooner or later they’ll move the line and you won’t see me for 30 days or whatever the penalty is for using the wrong work or pronoun that I probably couldn’t keep straight.

They can’t ban me on Fake book or Twatter because I fired them first.

Why People Are Idiots On The Internet

I’ve eliminated a lot of them when I dumped Twitter and Facebook, but I see it out there just like everyone else does. Sooner or later you run into someone who has Internet Road Rage. They are idiots.

I post a lot of sarcasm on my blog because it’s my blog. Some people have that sense of self-importance. I’m glad I don’t have time for that anymore.

Introverted Social Media

It doesn’t take many posts for you to see that I think Fake book and Twatter are the cesspools of the Internet. More hate is spilled there than Iran towards Israel and the USA.

I happily quit both. My life is better and while I didn’t waste a lot of time on them, it still was mostly useless.

I always hated those friend recommendations because I’m sure they were on the other side also. My rule was if you aren’t my friend then you aren’t worth being my fake book friend either. I happily forgot most of the people I grew up with and didn’t want to find them again, let alone reconnect.

It’s as bad as a phone call for an introvert without first warning that you are about to intrude on my life. There was an introvert on the team that invented texting to avoid that phone call.

When I saw this one, I realized that it was time to dump fake book. I also can’t stand that they are the arbiters of free speech and who is allowed on, so I made the decision for them. I don’t want to be in a place of hate or that has special rules for people who they don’t agree with personally, and went to other platforms that don’t suggest people I’d rather not see or hear from again in life.

My View On What Social Media Has Become

Don’t get me wrong, there are some good things, but sooner or later it goes down the crapper when someone “offends” another. It is where you can find more bias and discrimination (against anyone and everyone) since segregation.

Twitter is probably the biggest cesspool. Since Facebook Fake Book started censoring, you can’t trust what is real or not. I also don’t care about my high school or college enough to see what they are doing. If either of us cared, we’d have stayed in contact. The hate generated against the last President just told me the people in charge of these platforms are untrustworthy. They say one thing and do another.

Do what you want. Most are addicted to social media. The truly smart people don’t waste time trying to impress others as to how good their life is or worry about what others have.

My life is better without as much as I do with. I still get what I need to know without it being filtered by a loser in a cubicle with an axe to grind over who voted for whom. The elitist oligarch’s have told them what is allowed, then they prattle on condemning exactly what they are doing.

As usual, I’ll just do my own thing and let other suffer who wish to read this tripe.

Today’s Most Ironic Head Line Of The Day

From the WSJ:

China Is Now Sending Twitter Users to Prison for Posts Most Chinese Can’t See

Two of the most restrictive groups censorship wise are going at each other here to ban information that was made to be published, go figure. Note: It refers to the CCP government, not the Chinese people.

Both are paranoid and neither are really helping anyone get better. My advice, leave both.

Twitter, The Cesspool Of Hate Announces Birdwatching Stasi To Spy On Others

Eliminating as much social media from my life as possible has made it much better. Sooner or later, even your bestie is going to post something that pisses you off and down the toilet we go.

Now, you can spy on your neighbor like the Stasi and report your neighbor. As for me, I’m getting rid of as much hate as I can, and that started with Twitter. Their latest to shut down free speech isn’t helping anyone.

The Tweeter is recruiting volunteer truth interrupters’ to crack down on misinformation they say is running rampant across their site. The site announced the launch of “Birdwatchers” on Monday to empowering certain users to flag misleading tweets. So-called Birdwatchers will discuss what’s misleading about a flagged tweet and then be able to rank those comments, with the goal of allowing seemingly unpaid users to take a hands-on approach to combating your lies and falsities.


The Official Tweeter Support Account posted the announcement with a video of an failed attempt at humor of an egregious example of a necessary flagging of falsehood: “Whales are not real. They’re robots funded by the government to watch us.”  Now, you don’t have to read between the lines to understand the mentality that came up with this idea.


At first, Birdwatch will only be open to a few users who apply to join the program, traditional fact-checkers and other high-profile people.  Birdwatch replies to tweets will meanwhile only be visible on a separate section of the site. But eventually Twitter hopes to include the replies on the regular site, building a Wikipedia-style system of relying on users to combat misinformed and blatantly false tweets.


IP’s, User Names and Locations would surely not be cataloged. *wink wink*


Brandy Zadrozny of NBC News, said the program has “promise,” but cautioned that Twitter doesn’t seem to have a plan to prevent retaliation against Birdwatchers. Twitter said it’ll adapt the program based on user feedback before debuting it on the whole site.https://platform.twitter.com/embed/index.html?dnt=false&embedId=twitter-widget-0&frame=false&hideCard=false&hideThread=true&id=1353769252784926720&lang=en&origin=http%3A%2F%2Fwww.diogenesmiddlefinger.com%2F2021%2F01%2Fyou-too-can-sign-up-for-dorseys-truth.html&theme=light&widgetsVersion=ed20a2b%3A1601588405575&width=550px

My big concern — which I expressed many times to Twitter — is for the safety of these contributors. What happens when a high-ranking Birdwatcher whose note does well on a Ted Cruz tweet is featured on Tucker Carlson? They say user safety is top of mind but … you know.— Brandy Zadrozny (@BrandyZadrozny) January 25, 2021

Hat tip to the middle finger.

The Government vs. Big Tech In 2020 (Regular Users Are the Losers)

I’m interrupting humor and sarcasm to note a trend. If you read my about, I notice trends and patterns as facts begin to fall into place over time.

As always, the human race seems to come down to power (and other forms like sex and money). Not everyone wants it, but those addicted to it can’t get enough.

In 2020, Big Tech financed a lot of the election, probably on both sides but they seem to favor one side over the other. I’m not going to get into being political but both sides of the spectrum don’t serve us as well as they should. It seems that they serve themselves in terms of granting more power and control. On the other side of power is……

BIG TECH HAS BIG MONEY AND BIG INFLUENCE.

At some point, they tell you to follow the money. No one has more money (ergo influence) than Big Tech right now. I’ll give you that the government has more, they get it from taxpayers and the tech companies. They don’t have to earn it so it is less valuable and more widely wasted.

It’s not just about money though because money buys power and influence. Tech will likely sit their people in positions in the new cabinet, as currently elected but is not the big issue. It is trivial compared to the war.

The war is who controls the message.

GOVERNMENT IS GETTING GENERIC AND TECH RUNS RINGS AROUND THEM

After watching the tech hearings over the last couple of years, Congress is filled with mostly idiots when it comes to tech. They asked Facebook and Google simpleton questions I’d be embarrassed to ask my grandparents. Of course, the CEO’s ran circles around the questioners and frankly made them look like the emperor with no clothes . They didn’t even have to lie (although it looks like they bent the truth pretty heavily) because the questions were so elementary.

The result is that Tech (mostly the FAANGS) control the message that congress had a stranglehold on and the fight is on for said power. On the big tech side is the money and on the government side is regulation.

AMERICANS ARE WAKING UP TO THIS POWER STRUGGLE (AS IS THE REST OF THE WORLD)

I’m not the only one noticing this. This study (linked below) surveyed Americans, but users around the world are the same:

A majority of Americans across the political spectrum believe tech companies have too much power and do more harm than good, and most people have deep concerns about how companies such as Amazon, Apple, Facebook and Google use their personal data, accordingto a new poll released today by Gallup and the John S. and James L. Knight Foundation.

The wide-ranging report, “Techlash? America’s Growing Concern with Major Technology Companies,” provides findings on how Americans view the roles internet and technology companies play in their lives and in society. Major findings include the following:

  • Americans believe internet and tech companies have a negative impact on American life: People think the companies do more to divide society (60%) than to unite it (11%); misinform the public about the news (47%) rather than make people more informed (19%); and create more problems than they solve (47%), rather than solve more problems than they create (15%).
  • Misinformation, hate speech and data privacy are top concerns: Americans are overwhelmingly concerned about misinformation on the internet (74%), the privacy of their personal data (68%), and they are very concerned about hate speech and other abusive or threatening language online (56%).
  • A bipartisan majority believes internet and tech companies have too much power: While 77% of Americans hold this opinion, Americans are equally divided on whether the government should intervene to break up these companies. Republicans tend to be more critical of internet and tech companies than Democrats and independents.
  • Americans say leaders are not paying enough attention: Fifty-nine percent say elected officials and political candidates are paying too little attention to technology issues, including 67% of young adults (aged 18-34) and 71% of Democrats, versus 43% of Republicans and 57% of independents.
  • People don’t trust tech companies to police content on their platforms, but they trust the government even less: A majority of Americans don’t trust internet and tech companies much (44%) or at all (40%) to make the right decisions about what content is allowed on online platforms. But 55% of people still prefer that the companies make those decisions, rather than the government (44%). 

We can’t count on the tech companies to do anything other than to seek power:

Self-regulation has failed. One of Silicon Valley’s most valuable assets until now has been the cultural permission to try new things. The public has put up with arrogant rhetoric and a lax attitude toward the law in exchange for innovative ideas that meaningfully improved upon the status quo. But it was a Faustian bargain, with untrammeled innovation raising the specter of uncontrolled growth. When we learn about Airbnb endangering neighbors, Twitter failing to stop rampant harassment, or YouTube radicalizing its viewers with an algorithm that recommends extremist content, we see the destructive harm technology companies can do and their unwillingness to rein in their greed. The narrative has shifted from a question of whether there will be regulation at all to the fight over who should make the rules—and how tough those rules should be.

WHAT ARE THE OUTCOMES?

Usually no one wins or the Government uses it’s tentacles to overwhelm companies with regulations. Tech has the power of the message and as much money. Further, with their hands in the pockets of the politicians and the ineptness of Congress, it let’s me think that Tech will have the early upper hand. Congress can pass laws, but tech is usually steps ahead and there is no telling what has been embedded in the future technology. It takes 5 years or so to bring a new product to market. The 2025 tech is already being tested in labs somewhere.

Sure, they might have to pay fines, but they are rounding errors at the rate tech is making money.

So I’m predicting this. It will be a standoff and both sides will struggle for power. In the meantime, users will suffer from regulation or invasion of privacy from both parties.

Congress will get more money out of the tech companies in the form of lobbying or the people they place in high positions. The relationship becomes incestuous.

Again, we are the losers.

Update: It’s already started with Amazon getting their hooks in first:

Amazon, the trillion-dollar tech company, has hired lobbyist Jeff Ricchetti, whose brother will be the top White House counselor to Joe Biden.

Jeff Ricchetti’s firm, which he founded in 2001 with his brother Steve Ricchetti, the incoming Biden adviser, registered as a lobbyist for Amazon on Nov. 13.

Monday Saying – When To Shut Up

I have noticed that nothing I never said ever did me any harm. – Calvin Coolidge

I heard another version that went never miss a good opportunity to shut up.

I liked how Coolidge spoke after he thought. That way, he didn’t have to say that much and got right to the point. Others knew he wasn’t going to waste their time with BS so when he talked, they listened.

Still, most of you, cut the crap and the small talk. It’s a waste of time and is annoying.

Monday Saying – Why Not To Trust Social Media

The only source of information for most people now is a machine that is designed to partially inform people, misinform people, spread conspiracy theories, and lies faster than facts.”- Tristan Harris
The alternate view by Mark Manson is this:

Social media algorithms do not manipulate and push users into believing awful things. People already believe the awful things and social media simply spreads them more easily. Critics like Harris imply that tech companies are sitting in Silicon Valley scheming for ways to extract more ad dollars from people’s anxiety and misinformation.

Either way, it points out that there isn’t that much good to it the way it exists. At best it is a time waster for most.  At worst it is the above.

I say think for yourself and stop believing the group think on Twitter, Fakebook, Instagram and the other time suck platforms.
They could be a a useful tool for sharing pertinent information, but it just isn’t that way.   There is so much out there that spending more than 5 minuted a day on this probably isn’t helping your life.

I’ll leave you with this thought.

Things Not To Do – Arguing On The Internet

I already talked about this in the post “Stupid things that smart people do“.

I posted about how people have Internet road rage also as they are so brave hiding behind their screens doing things that would get their asses kicked in real life.

Arguing on the Internet is the biggest waste of time, other than social media.  Why do you ask (even if you don’t)?  Besides being a waste of time, you are looking at the best side of people and comparing it to the worst side of you (they take better vacations, their family is nicer, I’m not as pretty……).  It’s like a first date or job interview.  You are seeing the side they want to show you, not the real McCoy.

People think they are going to convince others that they are wrong or should switch to think like them because they are right.  Neither of these will happen.  You won’t convince anybody of anything and you just wasted more time in addition to Facebook, Twitter (the cesspool of the Internet) or any of the other time suck sites.

The other people that argue with you are the ones who do it to piss you off.  I know some of these people who do it for sport.  Hell, I get people in comments here who want to make their point because they believe they are right and I am wrong.  My answer is get your own blog.

Don’t be a time waster.  Don’t argue with people who ate paste.  Life is too short and someone out there really needs your help or time, not the kid from school.

 

 

Great Sayings On Genius, Suckers and Stupidity, How Much and How Often They Pass By Our Life

“Everyone is born with genius, but most people only keep it a few minutes.” – Edgard Varese

A sucker is born every minute – P.T. Barnum

“Barnum was wrong – it’s more like every 30 seconds.” – unknown

“Human genius has its limits, but stupidity does not.” – Alexandre Dumas

We live in trying times.  It is tough to know what is really true, especially if you listen to the MSM, celebrities, sports stars or trust social media.  This means more as we are in an election cycle.

Inside, we all have a moral compass, it’s just that many refuse to look at it, study the facts and make the right decision.  Most see the world through the view of someone else’s beliefs.

Be smart and don’t be afraid to go against what is popular while sacrificing what is true and the right thing to do.  Sure, you may lose a few people in your life, but in the end you’ll be a heckuva lot better off not swimming against the current into the jaws of those who feast on the idiots.

Great Sayings – Judging a Person By Who They Are, Henry Ward Beecher

“A man’s ledger does not tell what he is, or what he is worth. Count what is in man, not what is on him, if you would know what he is worth — whether rich or poor.” –Henry Ward Beecher

Steve Jobs died with 9 billion dollars. It does him no good now.  He built a dynamic company that employees thousands and touches millions.  He also refused to acknowledge his daughter when she was growing up.  Which is more important?

Many of us want to show off what we have or what we look like on the outside.  Look no further than the cesspools that are Facebook and Instagram.  No matter how good the lives look there, what do they look like on the inside?  Actually, most people reveal how terrible they really are on Twitter, but that is not a dress up platform like the others.

What is in you?

Great Sayings On Moving Forward In Life, Despite Your Circumstances

Your present circumstances don’t determine where you can go; they merely determine where you start. – Nido Quebein

 

You can’t change the past, regardless of how it treated you.  You have to learn from it and move on.  You also have to realize that it happened to make you the person you are.  You will never be someone else so stop trying to be like them.  Being yourself and accepting who you are is a gift.  Many refuse that gift.

Social media is who people want you to think they are and want you to be.  It’s becoming mind poisoning for many.  Enjoy and be happy for others, but don’t let it define you.

This comes to today’s saying.  Whatever happened happened.  It’s time to take what you’ve learned and make the most of what’s ahead of you.  You don’t know how long you may have to get done what you need to get done.  Try to enjoy it along the way.  You never know what lesson today brings to help you the rest of your life.

This is the only description I know of the amount of life you have ahead of you, but it is not for us to know.  If we knew the ending, we might not live our life the way it should be lived.

Great Sayings – What Your Enemy Fears

“You can discover what your enemy fears most by observing the means he uses to frighten you.”

Eric Hoffer

Sun Zhu said something similar about noticing your opponents weakness and you will win the fight because they can no longer hurt you.Much of the strife we go through is fear based recently.  It caused us to leave life and self-quarantine, until it was ok to go out and riot.  It’s been going on for a week now an there will be plenty of data shortly as to whether we really need to social distance anymore, because they sure aren’t doing it in the riot cities.

Remember Greta Thunberg?  She’s not even a blip on the map, nor is global warming.  The scare mongers have moved on to the next issue. I haven’t been afraid of these things because the truth is that we live in the greatest times of mankind ever.  Yes we have problems, but that is life.

There is no need to be afraid and have unnecessary fears.  The glass is really half full.  These can be the greatest years of our lives if we stop buying into the crap that the media and social media tries to feed us.

If you put your faith in something that is a rock and then you won’t be afraid.  Think for yourself and look at the facts to decide if what is going on is real or someone’s agenda.I think we are going to become more numb to these repetitive scare tactics being thrown at us and we will stand up to scare tactics by those who are trying it.

Great Sayings – John Wayne On Life

Life is hard; it’s harder if you’re stupid.

John Wayne
Yes life is hard, especially if you choose the wrong people, the wrong sources to get your information and put any faith in social media.
The filter you choose to get your information is usually someone trying to persuade you to their position.  Think through things and look past what others say to see if it is true, relevant and is in accordance with your principles.
Don’t be stupid

How Facebook Causes Depression

Scroll down a few posts and you’ll see other articles I’ve posted that talk about Social Media ruining people’s lives.  It’s their outside daring you to compare, unfortunately to your inside.

Spending too much time on “social media” sites like Facebook is making people more than just miserable. It may also be making them depressed.

A new study conducted by psychologists at the University of Pennsylvania has shown — for the first time — a causal link between time spent on social media and depression and loneliness, the researchers said.

It concluded that those who drastically cut back their use of sites like Facebook, Instagram and Snapchat often saw a marked improvement in their mood and in how they felt about their lives.

Many of those who began the study with moderate clinical depression finished just a few weeks later with very mild symptoms, she says.

The study, “No More FOMO: Limiting Social Media Decreases Loneliness and Depression,” was conducted by Melissa Hunt, Rachel Marx, Courtney Lipson and Jordyn Young, is being published by the peer-reviewed Journal of Social and Clinical Psychology.

For the study, Hunt and her team studied 143 undergraduates at the University of Pennsylvania over a number of weeks. They tested their mood and sense of well-being using seven different established scales. Half of the participants carried on using social media sites as normal. (Facebook, Instagram and Snapchat did not respond to request for comment.)

The other half were restricted to ten minutes per day for each of the three sites studied: Facebook, Instagram and Snapchat, the most popular sites for the age group. (Use was tracked through regular screen shots from the participants’ phones showing battery data.)

Net result: Those who cut back on social media use saw “clinically significant” falls in depression and in loneliness over the course of the study. Their rates of both measures fell sharply, while those among the so-called “control” group, who did not change their behavior, saw no improvement.

This isn’t the first study to find a link between social media use, on the one hand, and depression and loneliness on the other. But previous studies have mainly just shown there is a correlation, and the researchers allege that this shows a “causal connection.”

So I ask, why do you do it to yourselves?  Facebook has a model to make you feel worse while they steal your privacy and track you to sell your profile to everyone and anyone.

Introvert Meme’s and Cartoons, But They Say Everything Extroverts Should Know (stop trying to change us)

introvert coffer

introvert energycalvin hobbes doing nothing

Social Media, Making Your Life Worse Just By Using It, And it Proves Sturgeon’s Law

I tend to notice trends early.  I quit Twitter 4 years ago as soon as work didn’t (unofficially) require it.  Almost every time I used it, the conversation degraded by the 3rd or 4th tweet into something political, followed by unsubstantiated name calling.  You have to have a thick skin and a terse personality to want to survive out there.

A few years later I tried helping a friend get on Facebook and we both decided that it was like a high school reunion, or being in high school where you make up stuff to seem like your life is better than others.  He finally told me to stop and to not put him on.  At that point it dawned on me that most of social media falls under Sturgeon’s Law:

Sturgeon’s Law: 90% of everything is crap.

 

There might be a corollary that 99% of social media is crap.

The trend I noticed besides people acting false was that I never felt better after being on twitter and I loathe Facebook for the same reason.  This was 5-8 years ago and now the studies are coming out proving what I noticed.

A recent article in the USA today talked about another high schoolish trend, mob mentality.

Social media also has polluted our more general life, with the ability to form online mobs increasing, as Prof. Glenn Reynolds aka Instapundit recently wrote in USA Today:

People enjoy forming mobs. Mobs allow people to do things they’d be afraid to do on their own, to steal, to hurt and kill, to burn and destroy — and also to feel set free from the bonds of civil society, to experience a kind of atavistic catharsis, a feeling of power and a solidarity with their fellow rioters, in a way that’s otherwise difficult to achieve, especially without suffering serious consequences….

But now there’s a new kind of mob, an online mob. And judging by the events of the past week, this new mob is becoming a more frequent problem. Part of that is because it’s easier (and safer) to be part of an online mob than one in the real world.

Joining a real mob requires you to leave your house, go somewhere else, and experience risks and discomforts. Joining an online mob can be done from an easy chair at home.

There are times that I post something and bizarre comments come it, so much so that I have to moderate them according to the policy on the sidebar.  Some just violate the policy too much.  It’s like twitter, if it can get political it usually does.  Since I’ve posted a lot about the military and patriotism, I caught a lot of crap.

I read a blog post by Legal Insurrection that noted the increase in suicides and the link that may exist between the two.

A New, More Rigorous Study Confirms: The More You Use Facebook, the Worse You Feel

Social Media and Teen Depression: The Two Go Hand-In-Hand

Rise in teen suicide connected to social media popularity: study

Suicide rate’s increase can be tied to social media, technology: Dr. Marc Siegel

Using Many Social Media Platforms Linked With Depression, Anxiety Risk

Why don’t people just put it down?  It looks to be like the new next cigarette, just as addictive and equally as bad for you.

As for me, I can go about my day enjoying not getting into useless tweet storms and having my head glued to my phone.  Hell, I won’t even put Facebook on because I don’t want them in my life.

I’d like to say the higher IQ people would be immune to this, but it’s not true.  They are just as susceptible to this and it goes under things they shouldn’t do.

WHAT FACEBOOK KNOWS AND IT ISN’T TELLING YOU

It preys on Women’s emotions and other mind altering and interfering techniques and the company KNOWS THAT IT IS DOING IT.

Even former Facebook President Sean Parker realizes the pitfalls of Facebook:

The former Facebook President discussed the company’s initial aim, which was mainly centered around drawing in and building their audience:

The thought process that went into building these applications, Facebook being the first of them, … was all about: ‘How do we consume as much of your time and conscious attention as possible?’ And that means that we need to sort of give you a little dopamine hit every once in a while, because someone liked or commented on a photo or a post or whatever. And that’s going to get you to contribute more content, and that’s going to get you … more likes and comments.

Parker described Facebook’s appeal as a “social-validation feedback loop” which exploits human psychology to keep users coming back to the app:

It’s a social-validation feedback loop … exactly the kind of thing that a hacker like myself would come up with, because you’re exploiting a vulnerability in human psychology. The inventors, creators — it’s me, it’s Mark [Zuckerberg], it’s Kevin Systrom on Instagram, it’s all of these people — understood this consciously. And we did it anyway.

Comments such as this from Facebook former President, combined with Facebook’s mishandling of user data, has led to a greater level of distrust around the company. What was previously seen as just a website by many users was becoming better known as a data collection company.

It turns out that platforms like Facebook are the “Junk Food For the Soul”.  In other words crap that isn’t good for you.

When the name of the article is Facebook was designed to exploit human vulnerability, there is a big problem.

THE CESSPOOL OF HATE AND DISCRIMINATION BY TWITTER

Just say something, anything and pretty soon it can turn into a hate storm if you offend someone or anyone.  I saw someone post here’s a picture of a rock, let the arguing begin just to prove it and it did.

Now, it looks like Twitter the company is shadow banning users and groups of users just because someone complained that they don’t like the person’s views, even if they aren’t a follower.

When I check I often find that a user who has blocked me is someone I have never interacted with. So why the block? Often, it’s due to being on a block list created by a liberal activist group. Twitter supports block lists and makes it easy for users to mass-block entire universes of people they don’t even know.

But Twitter now uses factors such as the number of people who have blocked an account to determine whether to classify it as “low quality” content. The company also uses the number of complaints or reports on the account. If the number of these exceeds certain thresholds, an account can be deemed low quality and access to tweets from that user are severely diminished.

I couldn’t wait to leave that platform of time-wasting and hate and my life is better because of it.

Schaeffer’s Law’s of the Digital Age – The Non-Racial Master/Slave Paradigm Through Digital Monitoring

Schaeffer’s First Law of the Digital Age:

The Global Digital Infrastructure (GDI) connects all human life on the planet into a single, giant, metastasizing organism throbbing with incredible potential for advancing human good, expanding knowledge exponentially, invading our lives with unimaginable malice and evil, and transforming unsuspecting users into helpless and obedient cyborgs.

Schaeffer’s Second Law of the Digital Age:

Each breakthrough in utility deriving from advances in the Global Digital Domain is accompanied by equal or greater vulnerabilities and potential detriments to quality of life.  Anything that can do amazingly great things for you can almost always do terribly awful things to you as well.

Schaeffer’s Third Law of the Digital Age:

It’s impossible to make or enforce laws to guard the people against the dangers of global digital power and impossible to prevent exponential growth in this power.  The Zuckerbergs and Bezoses and Googles of the world may propose to use their power benevolently, but they plan to use it and grow it without limit.  They claim they’ll be good masters, but they mean to be masters.

I’m not a conspiracy person, rather an observer of trends and patterns.  Haven’t we been down this path before in history where there are classes of people?  This time, they start as digital helpers like Alexa, Echo, Google assistant or Siri, but at what point are they re-directing our lives?  Aren’t there always people who try to control your lives thus enriching their lives both in money and power.

Since there are hackers constantly attacking the cloud, where your data is stored and accessible, when you lose control over your life?  The digital hacks can be found at Krebsonsecurity.com.

It has already begun with your digital footprint being tracked, monitored and being sold off to advertisers, but where does it stop, the Jetson’s?

I advise that you carefully monitor who is monitoring you, even the government.

Now for fun, why is that in the movies that the robots always try to take over the world and kill humans?

Kiss Your Password Security Goodbye

You may think that you have good password security.  More likely, you are like most people who re-use the same password for many accounts, don’t change it often enough and use your pet’s name or some other easy to find information that makes break in easy.

Face it, we are lazy, lax and don’t understand security and privacy. Nor do we understand the nature of identity theft until you are a victim.

So, unless your are fastidious about changing with complete randomness and creativeness, fugetaboutit, you’re toast…..here’s why.

THE BACKGROUND

From Wired:

It’s not a well-kept secret, either. Just a simple string of characters—maybe six of them if you’re careless, 16 if you’re cautious—that can reveal everything about you.

2012 bug

Your email. Your bank account. Your address and credit card number. Photos of your kids or, worse, of yourself, naked. The precise location where you’re sitting right now as you read these words. Since the dawn of the information age, we’ve bought into the idea that a password, so long as it’s elaborate enough, is an adequate means of protecting all this precious data. But in 2012 that’s a fallacy, a fantasy, an outdated sales pitch. And anyone who still mouths it is a sucker—or someone who takes you for one.

No matter how complex, no matter how unique, your passwords can no longer protect you.

Look around. Leaks and dumps—hackers breaking into computer systems and releasing lists of usernames and passwords on the open web—are now regular occurrences. The way we daisy-chain accounts, with our email address doubling as a universal username, creates a single point of failure that can be exploited with devastating results. Thanks to an explosion of personal information being stored in the cloud, tricking customer service agents into resetting passwords has never been easier. All a hacker has to do is use personal information that’s publicly available on one service to gain entry into another.

This summer, hackers destroyed my entire digital life in the span of an hour. My Apple, Twitter, and Gmail passwords were all robust—seven, 10, and 19 characters, respectively, all alphanumeric, some with symbols thrown in as well—but the three accounts were linked, so once the hackers had conned their way into one, they had them all. They really just wanted my Twitter handle: @mat. As a three-letter username, it’s considered prestigious. And to delay me from getting it back, they used my Apple account to wipe every one of my devices, my iPhone and iPad and MacBook, deleting all my messages and documents and every picture I’d ever taken of my 18-month-old daughter.

The age of the password is over. We just haven’t realized it yet.

Since that awful day, I’ve devoted myself to researching the world of online security. And what I have found is utterly terrifying. Our digital lives are simply too easy to crack. Imagine that I want to get into your email. Let’s say you’re on AOL. All I need to do is go to the website and supply your name plus maybe the city you were born in, info that’s easy to find in the age of Google. With that, AOL gives me a password reset, and I can log in as you.

First thing I do? Search for the word “bank” to figure out where you do your online banking. I go there and click on the Forgot Password? link. I get the password reset and log in to your account, which I control. Now I own your checking account as well as your email.

This summer I learned how to get into, well, everything. With two minutes and $4 to spend at a sketchy foreign website, I could report back with your credit card, phone, and Social Security numbers and your home address. Allow me five minutes more and I could be inside your accounts for, say, Amazon, Best Buy, Hulu, Microsoft, and Netflix. With yet 10 more, I could take over your AT&T, Comcast, and Verizon. Give me 20—total—and I own your PayPal. Some of those security holes are plugged now. But not all, and new ones are discovered every day.

The common weakness in these hacks is the password. It’s an artifact from a time when our computers were not hyper-connected. Today, nothing you do, no precaution you take, no long or random string of characters can stop a truly dedicated and devious individual from cracking your account. The age of the password has come to an end; we just haven’t realized it yet.

Passwords are as old as civilization. And for as long as they’ve existed, people have been breaking them.

In 413 BC, at the height of the Peloponnesian War, the Athenian general Demosthenes landed in Sicily with 5,000 soldiers to assist in the attack on Syracusae. Things were looking good for the Greeks. Syracusae, a key ally of Sparta, seemed sure to fall.

But during a chaotic nighttime battle at Epipole, Demosthenes’ forces were scattered, and while attempting to regroup they began calling out their watchword, a prearranged term that would identify soldiers as friendly. The Syracusans picked up on the code and passed it quietly through their ranks. At times when the Greeks looked too formidable, the watchword allowed their opponents to pose as allies. Employing this ruse, the undermatched Syracusans decimated the invaders, and when the sun rose, their cavalry mopped up the rest. It was a turning point in the war.

The first computers to use passwords were likely those in MIT’s Compatible Time-Sharing System, developed in 1961. To limit the time any one user could spend on the system, CTSS used a login to ration access. It only took until 1962 when a PhD student named Allan Scherr, wanting more than his four-hour allotment, defeated the login with a simple hack: He located the file containing the passwords and printed out all of them. After that, he got as much time as he wanted.

During the formative years of the web, as we all went online, passwords worked pretty well. This was due largely to how little data they actually needed to protect. Our passwords were limited to a handful of applications: an ISP for email and maybe an ecommerce site or two. Because almost no personal information was in the cloud—the cloud was barely a wisp at that point—there was little payoff for breaking into an individual’s accounts; the serious hackers were still going after big corporate systems.

So we were lulled into complacency. Email addresses morphed into a sort of universal login, serving as our username just about everywhere. This practice persisted even as the number of accounts—the number of failure points—grew exponentially. Web-based email was the gateway to a new slate of cloud apps. We began banking in the cloud, tracking our finances in the cloud, and doing our taxes in the cloud. We stashed our photos, our documents, our data in the cloud.

Eventually, as the number of epic hacks increased, we started to lean on a curious psychological crutch: the notion of the “strong” password. It’s the compromise that growing web companies came up with to keep people signing up and entrusting data to their sites. It’s the Band-Aid that’s now being washed away in a river of blood.

WHERE AND WHEN IT BEGAN (SORT OF)

No one can be sure except that since passwords were first used, there were bad guys trying to hack into them.  Here is an exposition of how it became an epidemic:

In 2009, a minor gaming website called Rockyou.com was hacked; although you’ve probably never heard of the site, the hack has probably affected you or someone you know. Almost every genuine hack over the last three years can be traced back to the Rockyou leak.

The reason it was so significant is it totally changed the way hackers do business. Before Rockyou, hackers had to build word lists of potential passwords using traditional dictionaries; the 14 million or so Rockyou passwords provided an instant database showing how people actually construct their passwords.

We’re all familiar with the hoops passwords make us jump through – requiring both letters and numbers, the use of upper-case and lower-case letters, a minimum number of characters, and the use of punctuation. Of course,we’re all human, so we want passwords to be easy to remember while fulfilling these arcane rules.

The list leaked from RockYou confirmed our grammatical bias: upper case letters tend to start words, while special characters or numbers come at the end. One of the most common ways to combine letters and numbers memorably was to add names & dates together – so Patton1945 or Napoleon1815 were common, for example.

Publicly available data makes this even easier; for example, databases are available containing the name of every Facebook user. These, when combined with every 4-digit number combination and a dictionary list of common words will break as many as 40 per cent of internet users’ accounts within minutes. This creates an even greater problem, as many people reuse passwords, meaning one crack can compromise multiple accounts.

Most people have multiple different internet accounts; collecting data and monitoring user activity through these accounts is at the core of many websites’ business models. The temptation to reuse important passwords for trivial sites that require a sign-in, like price comparison sites, restaurant bookers, dating sites or online shops, is almost irresistible. Of course, many of these sites are far from secure.

The Rockyou leak started a chain reaction; a huge number of sites have been hacked since, releasing even more password data. Equally, technology has advanced enormously. The sort of PC you can buy in Currys can attempt 8.2 million password combinations per second. Cryptographic feats that were the stuff of legend in the Second World War could be done on your iPhone; the sort of 16-digit passcodes thought uncrackable during the Cold War are now within the reach of cracking by skilled hackers with low budgets. Goodness only knows what state-sponsored outfits in the US or China can do.

If you look in the lists of passwords and usernames leaked online, it’s fairly easy to find yourself; with the huge amount of websites we sign up to these days, it’s almost inevitable that at least one of the sites where you have an accounts has been hacked in the last two years. I was able to find my own cracked username and password (taken from a hacked wargaming forum) with a little diligent searching. The biggest damage that could be done to me from that leak is losing control of my forum account; if I’d reused that password elsewhere, it could have been catastrophic.

Of course, each character you add to your password ramps up the time it takes to crack; adding even one letter can take crack time from hours to days, putting you into the category of not “unbreakable” – I doubt such a thing exists – but simply not worth the hassle.

The current best advice is to have passwords composed of 20 characters, with no real words, and your gobbledegook has to include upper and lower case letters, symbols, numbers and punctuation, all randomly scattered through the word. On top of that, you need to have a different password for every site you use and change your password for all of them every three months.

Facebore – The Facebook IPO Dissapointment

UPDATE: This article best sums it up….If there was any doubt that Wall Street is a sucker’s game designed to take money from stupid people and put it into the hands of bankers and powerful corporations, Facebook’s initial public offering should clear that up.

Well, the facts speak for themselves.  What was supposed to be the next sliced bread was a big nothing except for the insiders who already got their money.

Expectations had it being the next Google, zooming into the hundreds of dollars with overnight millionaires.  While it was the most traded IPO ever, it ended where it started and the big bang for IPO’s are usually at the beginning of a stock downturn. (see the Groupon IPO bust).

In fact it was a BLACKEYE for the NASDAQ:

By Bloomberg

Facebook Inc.’s (NASDAQ: FB) debut on the NASDAQ Stock Market turned into another setback for American equity exchanges, with the $16 billion initial public offering plagued by delays in trade confirmations, crossed quotes and signs that orders were mishandled.

The pricing of the first transaction took a half hour longer than NASDAQ planned. About 30 minutes later, the second largest U.S. equities exchange operator reported an issue confirming trades from the opening auction with the brokerages that placed them. Nasdaq later established an appeals process for investors whose instructions weren’t carried out.

Scrutiny of American equity markets intensified in March when Bats Global Markets Inc., the third-largest U.S. stock exchange owner, withdrew its IPO after failing to trade on its own platform. Nasdaq’s mishaps, on a day when the most anticipated IPO of the year eked out a gain of 0.6 percent, disappointed investors hoping to erase the memory of Bats.

“It certainly wasn’t their best day,” Larry Tabb, chief executive officer of research firm Tabb Group LLC in New York, said in a phone interview. “That said, it also wasn’t a complete disaster. NASDAQ really needs to investigate what the challenges are and fix them quickly. There was a lot riding on this IPO and apparently it didn’t go so well.”

The U.S. Securities and Exchange Commission said it will review the trading. NASDAQ spokesman Robert Madden didn’t return calls and e-mails seeking comment. Jonathan Thaw, a spokesman for Menlo Park, California-based Facebook, declined to comment

BUYERS ARE MORE EDUCATED, OR HAVE BEEN BURNED TOO MANY TIMES

I suppose you could trace this back to the internet bubble. Regular investors have been burned too many times.  Sure Google was a killing, but Facebook had a business model and P/E that didn’t impress.  There was too much hype, not enough value and seemingly not enough surety on the IPO.

The Trader sums it up:

The truth is that Facebook is a toy, a dreamworld, a figment of the imagination. Zuckerberg wanted to make the world a more connected place (and build a huge database of personal preferences), and he succeeded thanks to a huge slathering of venture capital. That’s an accomplishment, but it’s not a business. While the angel investors and college-dorm engineers will feel gratified at paper gains, it is becoming hard to ignore that there is no great profit engine under the venture. In fact, the big money coming into Facebook just seems to be money from new investors — they raised eighteen times as much in their flotation yesterday as they did in a whole year of advertising revenue. For an established business with such huge market penetration, they’re veering dangerously close to Bernie Madoff’s business model.

Worst of All:

Even the NYT notes:

The company’s bankers had to buy shares to keep the stock from falling below its offering price, raising questions about how the stock will fare next week.

YAHOO LAWSUIT

There might be other reasons that held back the success offering, not the least of which was a pending lawsuit:

Actually, Facebook hinted at a pending legal battle with Yahoo in Amendment No. 2 to its S-1 form, filed on March 7.

In that memo, Facebook admitted that it is “involved in a number of lawsuits.” That trend, it acknowledged, is likely to continue as it faces “increasing competition.”

Facebook received a letter from Yahoo on February 27 that “alleged that a number of our products infringe the claims of 13 of Yahoo’s patents.” At the time the second amendment was filed, Facebook was “still in the process of investigating the allegations contained in the letter.”

ARE THEY WAITING FOR A DEAL:
Perhaps the real deal and best price will be waiting for a low of under $20 and picking it up then.  Even if you only make a few dollars per share, it’s better than the few cents that the first day delivered.

THE WORLD MARKETS INFLUENCE

Another speculation is that it suffered from the rest of the world.  The problems with Greece and Spain are well documented.  One thing I didn’t consider was this, An oversold rally is in the works:

From a technical standpoint, our markets peaked in February, yet price drifted marginally higher. As the S&P 500 (^GSPC) rang the bell on our target of 1365 +/- 15 basis point handles, we paused. It was not a shorting opportunity, based upon the persistent bearishness that grew as price moved higher. But after weeks of basing between our levels, the market set itself up for a sprint higher into 1420, suggesting but not reaching irrational exuberance. From that intersection, we saw price decelerate in a downward spiral by 115 handles, or about 9%.

So we must ask ourselves the one question that is more important than Facebook’s (FB) $104 billion IPO: Are we still in a healthy sustained upward move, or are we in a state of bearishness that is being masked by love for Apple (AAPL) or Facebook?

THE OTHER SIDE OF THE COIN

There are some positives with this pointed out by a smarter mind than me, Social Media expert Jeremiah Owyang, read more at this link:

Despite yesterday’s IPO closed at nearly opening price, it’s important to pause and think about how this company’s market cap reached $100 billion (for context, Pepsi is at par at $106b).  We’re already seeing many become wealthy, from newly minted millionaires in brand new M3s at the local car wash in silicon valley, to the investors, VC, and ecosystem that will benefit from the revenues, we need to pause and think why.

So what is so important to pause and think about? Why do I say the Business Model is “Brilliant”?  Facebook’s business model smashed the traditional manufacturing style we see with consumer products, and instead built a  ’consumer platform’ that enabled many around them. In fact, the Facebook business model is brilliant for the following reasons:

  1. Brilliant because the users do the work.   In many companies, hiring paid or unpaid interns is a source of scale, or even off shoring work to developing regions.  In the case of Facebook, there are 900,000,000+ unpaid members that are generating meaningful content and value to each other.   In fact, official Facebook stats indicate that 526b million of them are active each day, many of which are using mobile devices and applications to connect to Facebook as they traverse the world.  While Facebook continues to grow, third parties are observing that the rate of growth may retarding, what’s important to remember  is that most of the commercial base that brands want to seek are likely within Facebook.

WHAT NEXT?

It either goes up or down in price.  The initial IPO money to be made has been made, but the long term money will be made by the savvy investors who can buy a bargain price and wait for it to go up.  The state of the Euro and the EU as well as the debt crisis worldwide may weigh on the price.  I believe that this has changed how IPO’s will be handled in the future as it didn’t skyrocket like it should have (many theories on that).

Further, Exotic car dealers and realtors in Palo Alto are now set to collect a lot of money from the overnight millionaires.

All in all, I congratulate Zuckerberg et al who created a product, jobs, the next new widget and helped the economy.  Bono made $1.5 billion for example and exceeded Paul McCartney as the wealthiest musician.

I’ll bet it still eats at the Winklevii though because as they say, if they could have created Facebook, they would have created Facebook.

POSTMORTEM

It appears that the management at Facebook is suspect also.  While owning 27% of the stock but having 57% control by Zuckerberg is telling.  Most entrepreneurs are good at developing their product, but are bad at running companies.

Further, this from the WSJ on fumbling the IPO:

Less than three days before Facebook Inc.’s FB -9.77% initial public offering, Chief Financial Officer David Ebersman decided to boost the number of shares the company would offer investors by 25%, said people familiar with the planning. His main adviser at lead underwriter Morgan Stanley MS +0.90% assured him there was plenty of demand, they said.

Facebook shares slid sharply for a second straight day as analysts for at least two of Facebook’s lead underwriters revised their financial forecasts for the company while it was holding IPO roadshow meetings. David Benoit has details on The News Hub. Photo: Reuters.

That decision by the 41-year-old Facebook executive may have doomed any real chance the social-networking company had that its stock would jump on its first day of trading—a hallmark of successful IPOs. On Tuesday, the second full day of trading, Facebook shares fell $3.03, or 8.9%, to $31, after falling 11% on Monday. Investors are blaming the downdraft on the last-moment expansion of the offering.

And this:

Interviews with more than a dozen people involved in the IPO reveal that Facebook approached its deal differently than companies typically do. Mr. Ebersman kept a close grip on every important decision on the stock offering, not deferring to his bankers the way many companies do, according to the people familiar with planning.