Media


The Crisis of Credit Visualized

Still don’t understand why we’re in a recession? Is all that mumbo-jumbo about sub-prime mortgages, collateralized debt obligations, frozen credit markets, and credit default swaps making your head spin? The Crisis of Credit Visualized explains it all with simple pictures, in plain English. Click here to continue reading “The Crisis of Credit Visualized”…

Philippines to Require License to Post Content

LolwutI’m attending a hearing tomorrow on a proposal by the Philippines’ National Telecommunications Commission that will require licenses for online content developers.

Yes, you read that right. The Philippine government wants to require licenses for people to create and post content online. Under the proposal’s extremely broad definition of a content developer, you would need a license just to comment on this post.

This is the most unenforceable proposal I have ever seen. What are they going to do, require five million Filipino Friendster users to get a license before posting pictures? This proposal clearly comes from the outdated mindset that only corporations can develop content.

It’s a public hearing, so feel free to join me. If nothing else, it’ll be good for a laugh. Click here to continue reading “Philippines to Require License to Post Content”…