>> If you're using a hammer for screws, you're doing it wrong.
This is Slashdot remember?
If I did make a logical argument people would still argue with me non-sensically. At least this way, I get to pick the argument focus for those individuals.
Yeah.. that's what I was thinking of when I typed that...
The intent I fully and whole-heartily agree with... However, 2% of _world_wide_revenues_ is what concerns me. I'd rather see it phrased as 2% of world-wide revenue apportioned to user base / affected users (affected or not by breach).
Hence, the larger the breach, the larger the fine. I could easily see Company A arguing to US regulators : "We shouldn't have to pay for US users as the EU already fined us for everyone.".
Just because A implies B, does not mean that B implies A.
( A = Identifiable word choices, B = Psychopathic Murderers ).
Posting stories on Slashdot / Putting it on CNN is only helping them get what they crave : Attention.
Some problems are best ignored - then they'll fade away out of frustration when they realize they're not getting the attention.
Blah blah - free press - I get it. I'm not asking for a law but common sense to take place.
People love dirty laundry - D. Henly.
If you legitimately own a copy on some medium, medium-shifting to another one is legal, just like you can rip your own music CDs to mp3s.
Incorrect, at least under U.S. copyright law. RIAA v. Diamond, 98-56727 (9th Cir., June 15, 1999) (http://caselaw.findlaw.com/us-9th-circuit/1054784.html), the seminal case on the issue, found a fair use in "space shifting" music to MP3 players, but did so under the auspices of the Audio Home Recording Act (http://www.copyright.gov/title17/92chap10.html), which carves out specific exemptions applicable to sound recordings. No such provision(s) exist for video game ROMs, in any jurisdiction I'm aware of.
So... there's an exemption for Music but not for everything else so you read the negative into it? Generally, in case law as I understand it (not a laywer) - the absence of a case proving a poiint can't be inferred to prove a point.
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My only comment to this is hindsight is 20/20. The problem with statements like this is that they very obviously weren't at the time. Not just from the rating agency's point of view but many economists were feeling the same way. There were a few economists who cautioned against them and had them correctly evaluated but they were far from the majority and even then most of their opinions were hedged with speculative language.
Oh come now - just because there is a bunch of stupid economists that couldn't apply prior historical behavior to the situation at hand that makes those economists ones that should be excused? The housing bubble showed all signs of being a bubble. Any time a commodity rises as quickly as houses were you're guaranteed you're in the middle of bubble.
History is always 20/20 in terms of analysis. However, history serves some great examples for understanding what is going on today. Those who forget history are doomed to *u*k it up over and over again.
we already ruled out the sun as a driver of climate change, so the only conclusions are that the people of Saturn have been producing too much greenhouses gases, and thus destroying their planet. ipso facto, there are Martians on Saturn.
Martians? I thought there were too many cows.
That's credible. Now please explain to me how they got 24 seals complete with combat equipment, two flight crews, a body and lots of swag - total at least 6,000 pounds - out in the one remaining chopper.