Facebook IPO: 1PO in the Wings of an Uneasy Economic Stage

December 9, 2011, By George Lang

The greatest initial public offering (IPO) of all time is about to debut, and stands to harvest approximately $100 billion in value for Mark Zuckerberg’s 2004 startup social network, Facebook. The most popular private entity ever in the Information Age (over 800,000,000 subscribers worldwide), is about to go public (MSNBC).

According to insiders, over 1000 direct associates and former employees stand to become millionaires overnight. With this move to Wall Street, “going public” takes on new meaning, not only because it is likely to set new records for IPOs, but because it will occur during one of the most impoverished economic times in American history. Happy Holidays to the lucky few!

While the vast majority of the struggling American population (i.e., whom Occupy Wall Street refers to as the 99%) gets by on barely meager salaries, 1000 of us will become instant millionaires. Proponents of capitalism point to the hope that those 1000 are providing to the rest of us in the form of the inspirational knowledge that, one day, it could happen to us. I’m inspired. Sign me up for the One Percent Organization (1PO).

 1PO = One Percent Organization

Here in the United States, we have even more “hope” because our Constitution guarantees we live in a nation with a government, as Abe Lincoln once put it, “of the people, by the people, for the people” (Quote/CounterQuote). But this IPO business involves an international community; investors from all over the world will be sticking their money-hungry fingers into the Facebook pie. How do you think we got so far into debt with China? (CNNMoney)

What is going to protect the American economy (and, moreover, its people) from international greed? There’s an old rationale that states: “If the bank lends you a thousand dollars, the bank owns you. But if the bank lends you a million dollars, you own the bank;” or, the bargaining position of the debtor is directly proportional to the degree of debt (Trade-Expressions). If that claim holds even partially true in the case of a Facebook IPO, the world will be further placed in an unenviable position as it relates to corporate America. How the American People profit from that position lies in the bowels of the American Constitution.

In the US, unlike most other nations without constitutions, the 1PO benefits from the IPO while the 99% reap the hidden protection guaranteed from the most historical foundation in the civilized world, the Constitution of the United States of America. I must say, much seems left to chance here folks. What do you think? Please, leave your comments below.

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