Dear friend,
Mark Zuckerberg is out of control. This is a man who once called Facebook
“more like a government than a traditional company.”^1 I guess it
shouldn’t be a surprise that Zuckerberg -- and Facebook -- are interfering
in our democracy again.
In just the past few weeks, Zuckerberg’s done his best to pick the winner
of the 2020 elections.
After privately meeting with Trump, he changed Facebook policies to let
Trump run ads with lies.^2 He’s encouraged his staff to criticize 2020
candidates who are calling for a check on Facebook’s corporate empire and
met with a number of other right-wing leaders.^3
You might have heard about all of this. But did you know that Zuckerberg
has something even more terrifying in the works? It’s called Libra, and
it’s a digital currency he would control. Experts say Libra is a huge
threat to democracy^4 and could take down the entire global economy.^5
We need your voice now, friend.
[ [link removed] ]Tell Congress to stop Mark Zuckerberg’s empire by blocking his dark
money proposal, Libra -- before it’s too late to save our democracy.
Today, Zuckerberg testified to Congress about his reckless Facebook Libra
digital currency plan, which will take control over money away from our
democracy and concentrate it in his own hands and the hands of a few
private corporations.
Some Congress members like Rep. Maxine Waters slammed Zuckerberg in
today's hearing.
Rep. Waters said: “Perhaps you believe that you’re above the law, and it
appears that... you are willing to step over anyone, including your
competitors, women, people of color, your own users, and even our
democracy to get what you want... In fact, you have opened up a serious
discussion about whether Facebook should be broken up.”
But we need to keep the pressure on -- some Congress members spoke
positively of Libra.
Demand Progress members like you, friend, have taken action many
times to curb Facebook’s power. And the pressure is working.
Already corporations like Visa, Mastercard, PayPal, and eBay have fled
Zuckerberg’s Libra project.^6
But Zuckerberg still wants to launch Libra as soon as 2020. Libra will
trample competitors, consumers and entire countries.^7 We can’t let
Congress allow it to move forward.
Zuckerberg desperately wants Libra to happen. It’s key to his future
plans. Want to stop Facebook and rein in its power? Then we have to stop
Libra.
[ [link removed] ]Tell Congress to block Facebook’s dark money proposal, Libra, before it
takes over our financial system and damages our democracy.
Thanks for defending the future of our democracy,
Salma, Robert, and the team at Demand Progress
[ [link removed] ]DONATE
Sources:
1. Vox, "Mark Zuckerberg runs a nation-state, and he’s the king," [ [link removed] ]April
10th, 2018.
2. CNBC, "Warren attacks Facebook for ‘quietly’ changing its political ad
policy after Zuckerberg’s meeting with Trump," [ [link removed] ]October 8th, 2019.
3. Politico, "Inside Mark Zuckerberg's private meetings with conservative
pundits," [ [link removed] ]October 14th, 2019.
4. Fast Company, "Facebook’s currency could threaten democracy. Let’s not
rush it," [ [link removed] ]June 21st, 2019.
5. Project Syndicate, "Facebook’s Libra Must Be Stopped," [ [link removed] ]June 20th,
2019.
6. CNBC, "Facebook CEO Mark Zuckerberg will tell Congress that embattled
libra crypto project will ‘extend America’s financial leadership’,"
[ [link removed] ]October 22nd, 2019.
7. American Banker, "Don’t buy what Zuckerberg’s selling on Libra,"
[ [link removed] ]October 22nd, 2019.
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