> There was no Congressional authorization for Libya.

Eh? What is this then?

http://en.wikipedia.org/wiki/Authorization_for_Use_of_Military_Force_Against_Terrorists

Your memory of IBM differs from my own.

I can't say I've had that much to do with them. HP, on the other hand, I could rant about for a while...

If they own the copyright, they are free to relicense a piece of data

Sorry to be pedantic, but replace "a piece of data" with "a work of authorship". If there isn't the creative work of a human being involved, it's not copyrightable. And then we get to this:

17 CFR 102(b) In no case does copyright protection for an original work of authorship extend to any idea, procedure, process, system, method of operation, concept, principle, or discovery, regardless of the form in which it is described, explained, illustrated, or embodied in such work.

And that means that even when the hand of man is involved, a lot of things are still not copyrightable.

> Therefore, markets are all inefficient _on all timeframes_.

You obviously have no idea what you are talking about.

The efficient market hypothesis is perhaps the most studied financial analysis of equity markets ever done.

A LOT of important work, like Black-Scholes is based on it.

The fact that markets are efficient cause exactly the opposite of what you claim. Since all public information is already accounted in the price, successful trading becomes very difficult, and success relies either on use of non-public information or random chance.

The prime originator of it is University of Chicago Professor Fama who was the first recipient of three major prizes for research in Finance; the 2005 Deutsche Bank Prize in Financial Economics, the 2007 Morgan Stanley American Finance Association Award for Excellence in Finance, and the 2009 Onassis Prize in Finance. His other awards include the 1982 Belgian National Science Prize (Chaire Francqui), and the 2006 Nicholas Molodovsky Award from the CFA Institute for his work in portfolio theory and asset pricing.

He's been nominated for the Nobel Memorial in economics several times. There is little doubt he will eventually win it.

Let's look at what Oracle is doing. I'll start the list of moves that appear to be intended to alienate the community around the very software they're promoting and cause the Open Source community to create viable forks that end up absconding with the product and its market. You guys contribute additional examples...

• Oracle v. Google regarding Java and the premise that APIs are copyrightable.
• Apache OpenOffice v. LibreOffice (which has a full-time negative publicity generator in Rob Weir).
• MySQL v. MariaDB.

IBM isn't known for dumb moves, but partnering with Oracle on this sure is one.

Bruce

You forget how slashdot moderation works.

Insightful -> I agree with your opinion
Flamebait -> How dare you disagree with my opinion

Nah. The Federal inflation numbers are checked by all sorts of external studies like the MIT Million Price Index. Look it up.

Any reasonable validation efforts have shown that they are correct.

Shadowstats is known to be wrong.

http://blog.jparsons.net/2011/06/shadow-stats-debunked-part-ii.html

Real Time Quotes European Exchanges:

Just use Google.

http://news.stockmarketvideo.com/google-adding-real-time-quotes-on-european-exchanges/4546/

http://thenextweb.com/google/2012/01/31/google-finance-adds-real-time-stock-quotes-for-the-uk-germany-and-italy/

Yes, capitalism suck donkey ass. It is the worst system imaginable except for everything else that has been tried.

There is no access barrier to real time quotes.

http://www.nasdaq.com/quotes/real-time.aspx

A tax on trades in a US market will have *0* effect on HFT. All it will do is cause the trading to move to a different country that doesn't tax these trades.

It is a completely 100% moronic idea.