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Facebook Government The Almighty Buck Politics

Facebook Forming a PAC 217

DougDot writes "According to a recent SFGate article, 'Social networking giant Facebook is expanding its political footprint, confirming that it has filed the necessary paperwork to open a political action committee in advance of the 2012 elections. The move is the latest in a series of maneuvers boosting the Palo Alto company's political profile in recent years, joining a steady rise in lobbying spending, several high-profile fundraisers and the failed statewide candidacy of one of its key officers for attorney general last year.' With 800 million users in its social network, and with very deep pockets, we could have a new, powerful Congress-influencing entity steering American politics."
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Facebook Forming a PAC

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  • by cjcela ( 1539859 ) on Tuesday October 04, 2011 @10:28PM (#37607716)
    ..how many of the people posting take this so lightly. There should be outrage here. Companies bearing weight on congress is not a good idea, people. Maybe many of you are too young to see what is going on, but the idea is that the country is governed by the people and for the people, not by Mr. Facebook for his company. And while you have 20 seconds of laugh writing a funny post, your future is eroding right in front of your eyes, and you are completely oblivious to it...

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