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TheBigotBasher Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-10 06:17 PM
Original message
The madness of Queen Meg.
Edited on Tue Oct-19-10 06:19 PM by TheBigotBasher
Her supporters priase her as bringing a business mind to California, but remember what she did to Ebay.

She may have great personal investment experience but when she has control of other peoples money her experience is awful and spending $140 million to get a $250,000 job does not seem that wise a spending move.

One has to admit Paypal was an eminently sensible purchase for Ebay. Skype was not. She used $2.6 billion of Ebay stockholder money to billions for a free of charge peer to peer phone service that was popular because it was free.

http://www.pcworld.com/article/122516/ebay_buys_skype_for_26_billion.html

Not only did she waste all that money, money that could have been better used on a distribution network, as Amazon now has, her brilliant "Investor" mind failed to purchase the intellectual property that made skype work. In essence her clever purchasing investment was to buy $2.6 billion of skype call credit.

So bad was that purchasing decision Ebay had to cough up even more money to Skype AND reduce their shareholding.

http://gigaom.com/2009/11/06/my-thoughts-on-skype-settlement-winners-losers-scorecard/


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opihimoimoi Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-10 06:34 PM
Response to Original message
1. Most of them Baggers/GOP are locked into the INEPTNESS MODE
Meg's business acumen is lacking by her recent history....we tried this route before with RRR Bush, 1 & 2 and we reaped horrid results....

Never vote for Ineptness, or worse:::: lack of Reason, Truth and Sanity....

Beware those who Attempt to FOOL.


they want to RULE.....

This current crop of Baggers are not fit to RULE.....period.
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flamingdem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-10 06:38 PM
Response to Original message
2. Check out this video!!!!!!! nt
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Brother Buzz Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-10 06:47 PM
Response to Reply #2
3. Thanks for posting the link
That was very good one. :thumbsup:
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TheBigotBasher Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-10 06:53 PM
Response to Reply #2
4. I love that Echo video.
It's on my Kos diary about Meg.
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NoSheep Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-10 06:55 PM
Response to Reply #2
5. Nice.
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Kind of Blue Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-10 07:30 PM
Response to Reply #2
7. That's incredible! She IS running the same campaign.
Thanks Flamingdem.
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Rosa Luxemburg Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-10 06:57 PM
Response to Original message
6. She deserves to lose
she is all what America shouldn't be
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