I think the SEC is making this decision with good intentions and there is merit to what they want to do. However, some parts of their plan are misguided. With a crowd funding model, we can promote new businesses and even economic growth. We all know that investing yor money is a risk and risks don't always pay off. I also believe there needs to be a level of accountability. People who enter the crowd funding arena should not be charged a government fee for the capital they raise. It's counter productive and hinders the development of a new product, and stunt the growth of a new business who may one day provide jobs. The SEC is clearly over-reaching their bounds here. On the flip side, some projects turn out to be a fiasco and the money either goes to waste or is pocketed. I think there is a need for the recipients of the funds to set a plan with mile stones for the funds, and have something to show at each milestone.

They spent $2.3 million on a public library, and they fill it with Apple? This is absurd, everyone and their brother will be using them and they'll be locked down anyways. They can buy equivelent Windows machines for half the cost and they'll work just as well if not better. For eBook readers why not Kindle? A Kindle costs $199 which is half as much as the cheapest Apple tablets. Besides this would have given Amazon a chance to step up and become a champion on education. It really is a waste of tax payer money to purchase Apple products for continuous public use.

That just made my day. Let's just hope they can make the giant mechs to fight the mutants off.