The purpose of this blog is to track 20 common stocks for a full year. The idea is to beat the S & P 500 like a mutual fund without the very high churn rate. These stocks will be held in a portfolio until next December 31.

Sunday, November 11, 2012

City of Atherton, California Extorts $350K From Facebook

http://allfacebook.com/atherton-350k_b104146

Extortion and Bribery are alive and well in California.

According to The Bay Citizen, the one-time payment by Facebook was agreed upon as compensation for the increased traffic at the intersection of Marsh and Middlefield roads, located about five miles from the social network’s new headquarters, and the town is exploring ways to expand the intersection, such as removing a roadside drainage channel and adding an extra turn lane.


Mayor Bill Widmer told The Bay Citizen:
We’re not in a big hurry to spend the money.
How about spending the money on the %$&#& road you are so worried about jerk.

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