BLOOD BATH: The collective gut just unfriended Facebook

MLADEN ANTONOV/AFP/Getty Images

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.

Does parody even exist anymore? Filmmaker Ami Horowitz recently went to Yale University to ask students to sign his 'petition' to repeal the U.S. Constitution — and they actually did it!

Ami joined Glenn Beck on "Glenn TV" recently to describe how this wasn't just a few people — this was 65 percent of those he asked, and NO ONE seemed to think it was a bad idea.

Watch the video below to hear more from Ami Horowitz:

Want more from Glenn Beck?

To enjoy more of Glenn's masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.

The far left is tearing apart the social fabric of our country in the name of "progress." From its emphasis on government dependency, to the $15 minimum wage, to the embrace of Marxist Critical Race Theory in our schools, the Left is destroying our culture and way of life.

On Glenn TV this week, Glenn Beck spoke with Christopher Rufo, director of the Center on Wealth and Poverty, about the latest insane example of the Marxist lies destroying the minds of our kids: A New York school sent parents a "white identities" chart advocating for "white traitors" and "white abolitionists."

Watch the video clip below or find the full episode here:

Want more from Glenn Beck?

To enjoy more of Glenn's masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.

There is an all-out assault on the social fabric of our country. The kids are NOT all right. In the name of "progress," we're destroying their minds with Marxist lies. In the name of "safety," we're destroying their souls by keeping them locked down.

On his Glenn TV special this week, Glenn Beck takes on the national suicide that the Left is committing by destroying our culture and way of life and how it's also leading to actual suicide of our kids. Experts on the front lines expose how the lies of critical race theory are crippling our children's future and provide tools for parents to fight back.

Finally, Glenn hears from a parent who tragically lost his teen son, who took his own life due to COVID isolation. He has a powerful message for parents, teachers, and politicians who he says are failing our kids.

Watch the special in full below:

Want more from Glenn Beck?

To enjoy more of Glenn's masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.

With as much gas and oil as Texas has — and not to mention its own power grid — why in the world is Texas experiencing such bad power outages?

Center for Industrial Progress president and founder Alex Epstein joined "The Glenn Beck Radio Program" to lay out what he's found.

Alex said he believes the "fundamental" problem is "the insistence on using unreliable wind and solar energy instead of reliable energy from coal, nuclear, and natural gas." And soon, it may not be just Texas, as President Joe Biden pushes for 100% dependency on green energy nationwide. THAT is the "real lesson of Texas," he warned.

Watch the video below to catch more of the conversation:

Want more from Glenn Beck?

To enjoy more of Glenn's masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.