We have been working tirelessly to alert the public and the MPAA of the disaster that would be box office futures contracts. As the inventor of the idea and the technology,  I know the problems these products would pose and the economic havoc they would cause.  The MPAA is right to derail this future catastrophe.  Robert Swagger needs to find something else to do with his time.  He’s a somewhat creative guy.  He should spend some time in the Gulf figuring out ways to plug the hole or maybe use his banking skills to figure out ways to stop the US housing market from further collapse.

• Box-office futures chief says market vows launch even if outlawed, threatens to sue MPAA

• Dorsey doesn’t get paid in legal tender. She takes her wages in the form of virtual money, which she’s used to buy a gray winter coat and a sexy yellow doctor’s uniform for her avatar, or virtual self, on TinierMe.com, a chat and game site.

UPDATE:

• ‘Cyber-Begging’ Emerges As A Way To Chip At College Debt

We never understood why sites like DailyKos were arguing that Obama’s health “reform” was somehow good.  It was obvious from day one that the deck was stacked in favor of the companies and that the net result would be higher costs for the same or a worse standard of care.

• Americans buying their own health insurance face an average 20 percent increase in premiums, driving some toward cheaper plans with fewer benefits, according to the Henry J. Kaiser Family Foundation.

• Don Coxe Dissects Gold, As “The Oldest-Established Store Of Value Moves To Center Stage”

PirateMyfilm.com

• Exciting new project on PirateMyfilm

Visa (V:NYSE) and MasterCard (MA:NYSE) are publically traded slave companies. Any pension fund or savvy investor can invest in debt peonage with just a click of the mouse.

• Peddling Relief, Firms Put Debtors in a Deeper Hole

The BP oil geyser and the Wall St. risk geyser (in the form of HFT trading and algo trading) put enormous power into the hands of lethal psychopaths. Their message is simple, don’t try and stop us or we’ll kill and bankrupt all of you. Obama, the ‘Patty Hearst’ President, basically picks his nose and hopes for the best.

• BP Admits That – If It Tries to Cap the Leak – the Whole Well May Blow

• Krugman vs. Greenspan