Tech at Night: Dodd-Frank kills innovation, Cybersecurity marches on, Lodsys patent trolling
Good evening. Care for your latest dose of regulation crushes innovation and competition? If you’re unhappy about the lack of innovation in America for mobile payments like they have in Japan, blame the Dodd-Frank bill. It prevented the wireless industry from getting together and making it happen. But we sure stuck it to the bankers, eh? Our faces are sure spited from cutting off our noses like that.
Of course, that doesn’t stop the Democrats from continuing to try to take power. If it’s not the PROTECT IP bill to institute national censorship of the Internet, it’s the continuing push to insert government with “cybersecurity” as the wedge. Never let a crisis go to waste. This time it’s the Playstation Network, but anything will do. This is the party that brought you the Clipper Chip designed to let the government spy on any encrypted data in America. When they say cybersecurity they mean their security, not yours or mine.
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