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http://www.atimes.com/atimes/Global_Economy/NE22Dj03.html

What if Facebook is really worth $100 billion?

By Spengler

“What if Internet stocks aren’t a bubble?” [1] was the title of my inaugural essay in January 2000, with the observation that an economy based on downloading pop music and porn was a possible future state of the world. “Re-ordering the priorities of the world economy around the vices of affluent people is nothing new,” I observed. “We went through all of this before in the 17th century.”

Facebook’s initial public offering May 18 with a $100 billion valuation, to be sure, is not quite as whimsical as the Internet stocks of a dozen years ago, which had losses rather than earnings. Facebook does earn $1 billion a year. Total US advertising expenditures last year were $144 billion according to Kantar Media, and global ad spending was nearly $500 billion. Facebook users provide data which the firm can process in order to target ads to the right recipients, so that the website stands to gain market share, or so the story goes.

It’s Big Brother running the Matrix on Madison Avenue. Supercomputers with artificial intelligence programs will sift our communications for clues as to our commercial proclivities. Auto companies will know when to pitch SUV’s rather than electric vehicles, and purveyors of timeshares in St Helena or shrunken heads will identify the eight dozen individuals in the world most inclined to buy their products. Advertisers will replace expensive broadcast advertising with targeted Internet ads that follow Facebook users from their home page to their favorite websites.

http://www.americanthinker.com/blog/2012/05/the_scourge_of_araby.html In the 1921 hit song, The Sheikh of Araby, there is one line that goes as follows, “…While you’re asleep, into your tent I’ll creep.” Of course the song was referring to the sheikh who romantically pursued the headstrong British heroine who then fell in love with him only to find that he was, […]

http://www.familysecuritymatters.org/publications/detail/inside-islamic-society-of-north-americas-tampa-conference?f=puball Background The Islamic Society of North America (ISNA) describes itself on its website as: “The Islamic Society of North America (ISNA) is an independent, open and transparent membership organization that strives to be an exemplary and unifying Islamic organization in North America by contributing to the betterment of the Muslim community and society at […]

http://www.familysecuritymatters.org/publications/detail/yes-dreyfus-still-matters-but-not-the-way-some-people-think?f=must_reads On the one hand, the news that Roman Polanski is planning to make a film on the Dreyfus Affair fills me with joy. There has been so much new information made available since the series of anniversaries passed by from 1994 – when a hundred years passed since his arrest, trial, condemnation, exile, torture […]

http://www.familysecuritymatters.org/publications/detail/bimbo-and-underwear-bombs-wake-up-call

The events of the last few weeks ought to raise the question of whether America is as safe as it should be from terrorists. It is very unsettling to learn that Bimbo Olumuyiwa Oyewole, who was a security supervisor at one of the nation’s largest airports, was not only here illegally, but was using the name and identity of a man murdered in New York twenty years ago. Bimbo was from the same area in Nigeria as the underwear bomber, Umar Farouk Abdulmutallab, who is now serving a life sentence for trying to blow up a plane over Detroit on Christmas Day in 2009. At the same time, al Qaeda has produced a better underwear bomb in an effort to blow up planes over United States airspace.

Bimbo Olumuyiwa Oyewole, who came to the United States illegally from Nigeria, was arrested Monday for identity theft. He was known by his co-workers at Newark Liberty International Airport as Jerry Thomas. He had worked there for about twenty years, and had been using the name of Jerry Thomas since three weeks before the real Mr. Thomas was killed in 1992. The murder has remained unsolved.

http://sultanknish.blogspot.com/ When Jordan’s Arab Legion seized half of Jerusalem, ethnically cleansed its Jewish population and annexed the city– the only entity to recognize the annexation was the United Kingdom which had provided the officers and the training that made the conquest possible. Officers like Colonel Bill Newman, Major Geoffrey Lockett and Major Bob Slade, under […]

Why Invent Mohammed? http://pjmedia.com/spengler/2012/05/18/why-invent-mohammed/?print=1 Why invent a new religion? Robert Spencer’s excellent new book Did Mohammed Exist? collates recent historical research questioning the existence of the historical Mohammed, much of it previously not accessible to a lay American audience. This is a dangerous thing to do, and a courageous one. Some years ago I chided […]

http://www.nationalreview.com/articles/300507/democracy-sharia-andrew-c-mccarthy A few weeks ago, amid the “Arab Spring” giddiness, a Shiite mosque opened in Cairo. This was big news. Among Egypt’s 80 million people, there are only a few thousand Shiites. It’s a 90 percent Sunni country, with even Christians vastly outnumbering the Shia. So, in their euphoria over the mosque’s inauguration, Shiite clerics […]

http://www.gatestoneinstitute.org/3070/israel-apartheid Unlike Muslm countries, Israel has no state religion, but rather cntains some 15 recognized religions, There are no segregated roads as there are in Saudi Arabia. If Jews and Arabs do live in different areas in the country it is not through state-imposed segregation, enforced by legal means. Discrimination does not exist on the […]

http://www.gatestoneinstitute.org/3068/muslim-child-rape-gangs-britain It recently emerged that British police had known for more than a decade that Muslim rape gangs were targeting young girls, but they ignored the evidence of rapes because “they were petrified of being called racist.” Rather than acknowledge that there is a problem, Muslim groups have decided to play the victim card instead. […]