BLOOD BATH: The collective gut just unfriended Facebook

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You live by the algorithm, you die by the algorithm. Facebook got straight slaughtered yesterday. By the time Wall Street closed yesterday, Facebook's shares were down 19%, wiping out over 120 billion of the company's value. To put that into perspective, that's almost four times the entire market capitalization of Twitter. It was the largest single day wipeout in stock market history. Mark Zuckerberg himself lost over 15 billion dollars.

The official reason for all this that you'll hear from business analysts and the media is, well I'll just quote one: "This comes a day after executives forecast years of lower profit margins due to Facebook's concerns over privacy and its role in global news flow."

RELATED: Facebook algorithm censors the Declaration of Independence

Ok, privacy concerns are definitely real, as seen after the Cambridge Analytica fiasco. But the second part of the quote that I just read, where Facebook is managing its quote, "role in the global news flow" is the entire reason why people are beginning to bail on the company. I want Facebook to be a place where I can go and pick and choose the type of content that I choose is important to me. I don't want Facebook to choose for me.

Facebook's algorithm has been destroying media companies lately, especially the smaller ones - and even more so - those that lean conservative. The Independent Journal Review, a conservative site that focuses on millenials, had to lay off most of their employees back in February. The reason why? Facebook's algorithm was choking off their reach. And IJR is just one of the many that have been struggling.

So why would Mark Zuckerberg and Facebook do this if it A: hurts businesses and B: hurts their own business model? It's your typical progressive mindset. Listen to this quote from Zuckerberg a few months ago where he lays out Facebook's focus areas for 2018:

We feel a responsibility to make sure our services aren't just fun to use, but also good for people's well-being. So we've studied this trend carefully by looking at the academic research and doing our own research with leading experts at universities.

It's the same with progressives in Washington as it is with progressives in silicon valley. They feel that you're too stupid to be able to make your own decisions. You're too stupid to be able to pick the type of content that you feel is important to you. You're too much of an idiot to decipher fake news from real news. So Facebook is trying to be the gatekeepers - you know - so you don't hurt yourself.

I'm sorry but I don't need some progressive computer algorithm telling me the content that I should be consuming.

I'm sorry but I don't need some progressive computer algorithm telling me the content that I should be consuming. I can do that on my own. The free market will fix this. You saw that a little bit yesterday. Users are fed up with being told what to do, and what they should be watching and reading. Someone soon will come along and provide the services that Facebook is denying. The free market fixes these situations.

Progressivism doesn't.

Straight from the Marxist con of critical race theory are three big lies about "systemic racism" in America that are debilitating to our nation: the lie that policing in the U.S. is thoroughly racist, the lie of voter suppression, and the lie of equity as the solution to solve "racism." Despite the evidence disproving these lies, they grow stronger, thanks to Democrats and activists with selfish interest in these narratives, who, along with their media partners, spread the sinister message that everything in America is racist by default and only massive government intervention can save us from ourselves. President Biden, Vice President Harris, Chuck Schumer, Nancy Pelosi – every Democrat on the national stage sees racism in literally everything at this point.

In this precarious time for America, Glenn Beck and North Carolina Lt. Gov. Mark Robinson join together with data and the truth to fight back against the race-baiters ripping us apart.

Watch the full episode below:

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America has always been the land of the free. But as the line fades between the socialist, woke Left, and the Democratic Party that controls our government, are we diving headfirst into Marxism?

On his BlazeTV exclusive show, Glenn Beck spoke with Li Schoolland, who grew up under Mao's cultural revolution in China, and never did she think she would see the same warning signs in America. But now, she has a horrifying warning for us all.

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Earlier this year, Coca-Cola became the poster child for how a corporation could shove leftist ideologies onto its consumers. The company suspended advertising on Facebook in a push to censor former President Donald Trump, published a manifesto about racial equity, and demanded all legal teams working for Coke meet certain diversity quotas.

But now, after Trump, Sen. Ted Cruz (R-Tx.), Sen. Rand Paul (R-Ky.), and many other conservative voices called for a boycott of the company's products, Coca-Cola appears to be shifting directions.

The Washington Examiner reported that the company issued a conciliatory statement after conspicuously failing to appear on a published list of hundreds of corporations and individuals that signed a statement denouncing the Georgia voting bill.

"We believe the best way to make progress now is for everyone to come together and listen respectfully, share concerns, and collaborate on a path forward. We remained open and productive conversations with advocacy groups and lawmakers who may have differing views," the company said. "It's time to find common ground. In the end, we all want the same thing – free and fair elections, the cornerstone of our democracy."

Then last week, Coca-Cola Co.'s new general counsel, Monica Howard Douglas, told members of the company's global legal team that the diversity initiative announced by her predecessor, Bradley Gayton, is "taking a pause for now." Gayton resigned unexpectedly from the position on April 21, after only eight months on the job, to serve as a strategic consultant to Chairman and CEO James Quincey.

"Why is Coca-Cola 'taking a pause' on all of these? Because you have been standing up," Glenn Beck said on the radio program Monday. "You and others have been standing up. Your voice, it's the power of one. Your voice makes a difference."

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This week on "The Glenn Beck Podcast," civil rights activist and Woodson Center founder Bob Woodson joined Glenn to call out the leftists in the "race grievance industry," like the Rev. Al Sharpton and Black Lives Matter, Inc., who, he says, are "profiting off the misery of their people."

Woodson lived through the appalling segregation laws of the last century and has a much different message about what it means to be "oppressed" than the so-called "anti-racist" activists today.

Woodson said he believes the real struggle for impoverished minority communities "is not racial." He argued that leftists "at the top" derive "moral authority" by claiming to represent "so called marginalized groups," while they prosper at the expense of those "at the bottom."

"There's nothing worse than self-flagellating guilty white people and rich, angry black people who profit off the misery of their people," Woodson said.

"I call what Sharpton and some of those are doing is worse than bigotry. It's treason. It's moral treason against their own people," he added. "The only time you hear from them is when a white police officer kills a black person, which happens maybe 20 or 21 times a year, but 6,000 blacks are killed each year by other blacks. So, in other words, their message is black lives only matter when taken by someone white, which means you are betraying the black community when you turn your back on 20 children that are slaughtered and you don't march in that community and demand that those killers be turned over to the police."

'The problem is not racial," Woodson asserted. "The problem is the challenge of upward mobility. Any time you generalize about a group of people, blacks, whites, Native American, and then you try to apply remedies, it always benefits those at the top at the expense of those at the bottom. ... It's a bait and switch game where you're using the demographics of the worst of these, to get resources that helps the best of these, or those who are prospering at the top. So, if I was the president, I would say an end to the race grievance business, that America should concentrate on the moral and spiritual free fall that is consuming people at the bottom."

Watch the video clip below to catch more of the conversation, or enjoy the full podcast here or wherever you listen to podcasts:

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