down the house over and over and called every arson a learning experience. paul: that was democratic senator sharad brown of ohio grilling facebook executives over the tech giants intention to launch digital currency. he faced two dates of questioning with lawmakers voicing skepticism over the company s plans citing its past record on privacy and concerns over the growing power of big tech. andy writes the tech column for the wall street journal and thank you for coming in. but he make of the libra currency? is the potential for good here? look, first of all, it s admirable. someone is finally trying to undercut the two-3% credit card fees we all pay. it s also providing services for the unthinkable, not only in the u.s. but burma and bangladesh they will finally have banking and i also think the way they are doing this is a stable coin,
matches and facebook has a burn down the house over and over and called every arson a learning experience. paul: that was democratic senator sharad brown of ohio grilling facebook executives over the tech giants intention to launch digital currency. he faced two dates of questioning with lawmakers voicing skepticism over the company s plans citing its past record on privacy and concerns over the growing power of big tech. andy writes the tech column for the wall street journal and thank you for coming in. but he make of the libra currency? is the potential for good here? look, first of all, it s admirable. someone is finally trying to undercut the two-3% credit card fees we all pay. it s also providing services for the unthinkable, not only in the u.s. but burma and bangladesh they will finally have banking and i also think the way they are doing this is a stable coin,
about its digital currency proposal libra. and it was clear members do not trust facebook. facebook is dangerous. now facebook might not intend to be dangerous, but surely they don t respect the power of the technologies they re playing with like a toddler who s gotten his hands on a book of matches. facebook has burned down the house over and over and called every arson a learning experience. republican senator martha mcsally struck a similar tone saying, quote, instead of cleaning up your house, now you re launching into another business model. facebook wasn t alone with executives from google, amazon, and apple also taking the heat on capitol hill. the companies were repeatedly pressed to answer for their market dominance and reports of anti-competitive tactics. the shift in d.c. s sentiment toward big tech has been a long time coming. facebook and google have faced
every arson a learning experience. the facebook didn t find the matches. they created them. let s be clear. okay. they didn t stumble upon a bunch of matches. they are biz net lab, trying to find the are latest match. in europe they have a chart saying why we should break up facebook. they are saying that subscriber growth has gone flat. but revenues from subscribers have gone up. in wall street, that s a buying opportunity for a lot of these politicians, it s called, too much power. let s break them up. doug: i m still hearing a very bullish charles payne. i am. the consumer numbers and retail sales are just absolutely phenomenal. just a riminder. sandra: stunning data on the opioid crisis. what federal documents are now revealing about the tense of billions of pills flooding our country, and fueling this deadly epidemic.