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...technology as the solution, not the problem: Though media companies and the government have relied on lawyers to fight digital piracy, Lessig highlights the much more logical approach of Apple CEO Steve Jobs, who chose to forgo such legal weapons in favor of a "fight-fire-with-fire" approach - Digital Rights Management, or DRM. This code limited the redistribution of iTunes songs, thus reassuring record companies that the online music store wouldn't be a total rip-off. "DRM was thus a speed bump: it slowed illegal use just enough to get the labels to buy in." But Lessig also...

Author: /time Magazine | Title: Lawrence Lessig: Decriminalizing the Remix | 10/17/2008 | See Source »

...issues ... and television and the fact that these people come into our homes now 24/7. They become adjunct members of the family. One reason why I think we have lots of one-term Presidents is because they wear out their welcome like any sitcom character ... The single greatest problem confronting the presidency is overexposure...

Author: /time Magazine | Title: What Kind of Temperament Is Best? | 10/16/2008 | See Source »

...problem is that other moves the government has made to render bank debt safer has had the unintended consequence of making Fannie and Freddie's bonds less safe by comparison. So Fannie and Freddie's investors have to be compensated for the increased risk. In particular, traders say, the move in the past week by the Federal Deposit Insurance Corp. to temporary offer unlimited deposit insurance for non-interest bearing accounts and guarantee roughly $1.4 trillion in new unsecured bank debt has caused a rush of selling of the bonds of Fannie and Freddie. That's because the FDIC...

Author: /time Magazine | Title: The Bank Bailout's Side Effect: Rising Mortgage Costs | 10/16/2008 | See Source »

...problem for McCain was that no matter how hard or how crisply he punched, it would not last. In the end, the gravity of the debate returned to Obama. The turning point was when McCain finally brought up the issue of Obama's ties to former anti-Vietnam War terrorist William Ayers. All McCain accomplished was to swing the spotlight away from himself back to the engaging newcomer. Predictably, Obama had a mild answer ready - as straightforward and uncontroversial as it was soothing. Was it entirely candid? Who asks that of Cary Grant...

Author: /time Magazine | Title: McCain Throws Sink, and Plumber, But Obama Isn't Rattled | 10/16/2008 | See Source »

...Interamerican Commission on Human Rights asking it to close the books on her case - she did not retract the accusation that Ortega had sexually abused her, but simply said she'd made a decision to "find a solution" and asked for others to respect her privacy - the president's problem with the women of Latin America continues to grow. Last week in Honduras, Ortega had to sneak in through the back door of a Central American presidential summit to avoid feminists who were waiting for him out front holding pictures of his stepdaughter...

Author: /time Magazine | Title: President Ortega vs. the Feminists | 10/16/2008 | See Source »

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