Archive for June, 2011

The Effects of 40 years of Drug Prohibition

Friday, June 24th, 2011
The Effects of 40 years of Drug Prohibition

From: CATO

Microsoft Tries to Quash Innovation in Battle Over Xbox Memory Cards

Monday, June 20th, 2011

EFF urged a federal court to block Microsoft Corporation’s attempt to misuse copyright law to thwart a competitor offering memory cards for the Xbox gaming system. Microsoft claims that Xbox users violate U.S. federal law — the Digital Millennium Copyright Act (DMCA) — if they use third-party cards memory cards, such as those produced by Datel Holdings. If Microsoft were to prevail on this point, it could give the software giant the ability to use the DMCA to prevent competitors from selling Xbox-compatible accessories, like memory cards, controllers, and headsets. Such a ruling would have wide-ranging ramifications for hundreds of other consumer products.

Political Rhetoric is no Substitute for Competence

Monday, June 13th, 2011

“In the course of any given year, Congress votes on taxes, medical care, military spending, foreign aid, agriculture, labor, international trade, airlines, housing, insurance, courts, natural resources, and much more. There are professionals who have spent their entire adult lives specializing in just one of these fields. The idea that Congress can be competent in all these areas simultaneously is staggering. Yet, far from pulling back — as banks or other private enterprises must, if they don’t want to be ruined financially by operating beyond the range of their competence — Congress is constantly expanding further into more fields. Having spent years ruining the housing markets with their interference, leading to a housing meltdown that has taken the whole economy down with it, politicians have now moved on into micro-managing automobile companies and medical care. They are not going to stop unless they get stopped. And that is not going to happen until the voters recognize the fact that political rhetoric is no substitute for competence.” –economist Thomas Sowell