Jeff  Carter

Brad Feld tweeted this web site, and Fred Wilson blogged about it. After viewing this video, I support it.

PROTECT IP Act Breaks The Internet from Fight for the Future on Vimeo.

Here is a link to the website if you would like to support American Censorship Day too.

I appreciate the sentiment of Hollywood and the music industry. People download stuff off of the internet without paying for it. Artists should get paid for things they produce-but the two bills pending before both houses of Congress are the wrong way to go about it.

I don’t know the right way to go about it. Even in the porn industry, porn stars have made a video decrying the free porn on the internet. It’s destroying their business.

What I do know is no matter what piece of legislation they pass, people will still find a way to illegally download whatever they want. The detriment will be that honest businesses won’t be able to start up because of the bill.

We need to figure out a market based solution to this problem. Legislation won’t work. I don’t think it is far fetched to say that when it comes to supporting political parties, Brad Feld and Fred Wilson are on the opposite side of the fence from me. This is an issue that we totally agree on.

Censorship infringes on freedom. I understand that there is a lot of bad stuff out there, and bad things you can do. It’s up to the individual to educate people to stay away from it, and ignore it. If they don’t have customers, they won’t survive.

Another important thing to note, once they censor one thing, what’s stopping them from censoring something else? If they can censor the Tea Party, why can’t they censor Occupy Wall Street? Where does it stop? It’s a slippery slope to erosion of all kinds of freedom.

Please join me in support of American Censorship Day on November 16.


Jeff Carter

Jeffrey Carter is an independent speculator. He has been trading since 1988. His blog site, Points and Figures was named by Minyanville as one of The 20 Most Influential Blogs in Financial Media.

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