Monday, March 14, 2011

'Corporate mafia grab Twitter, Facebook'



Source: Press TV
http://www.presstv.ir/detail/169675.html

The existing social networks on the internet can no longer be reliable platforms for organizing anti-government uprisings, because corporate cartels are beginning to own them, a political analyst says.

“You cannot rely on Facebook and Twitter …. [because] those avenues and weapons have already been corrupted by Goldman Sachs and JP Morgan,” David DeGraw from AmpedStatus.com told Press TV.

Goldman Sachs and JP Morgan are among the gigantic corporations, infamous for their corrupt records across the world.

Corrupt global cartels are beginning to seize the ownership of such networks on the internet to neutralize their “amazing” effects in organizing the ongoing anti-government uprisings across the world, he said.

“Goldman Sachs has just caught a deal with Facebook to be its major shareholder and JP Morgan is moving to be a shareholder of Twitter,” DeGraw mentioned.

This is while the popular uprisings against the dictatorial regimes are in fact uprisings against the current global economic system, in which the IMF gives such corrupt corporations a free rein over the regimes and economies in those countries, he added.

DeGraw argued, “We need platforms that cannot be gained and corrupted by Goldman Sachs and JP Morgan as Facebook and Twitter are being right now.”

In the past two months, anti-government revolts have been spreading across the Arab world. The popular uprisings have mostly been organized via internet social networks.

Last month in Tunisia, nationwide outrage at the government's suppressive policies sparked a massive revolution that ended the 23-year rule of its despotic president, Zine El Abidine Ben Ali and forced him to flee to Saudi Arabia.

On February 11, a millions-strong nationwide revolution in Egypt, which started on January 25, ended the three-decade rule of US-backed dictator Hosni Mubarak.

Other anti-government uprisings have taken place in Libya, Bahrain, Yemen, Saudi Arabia, Algeria, Jordan and Oman, as more Arab countries are expected to stage similar popular revolts.

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