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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?

To: TH who wrote (15972)	4/7/2011 5:52:20 PM
From: Broken_Clock	2 Recommendations Read Replies (1) \| Respond to of 119362

Obama admin. says $675,000 is an appropriate punishment for sharing 30 songs By Stephen C. Webster Thursday, April 7th, 2011 -- 10:51 am Share4 231 6 Share2 Share1 Share1 Making good on its earlier promises, the Obama Administration went to court this week to defend the unpopular Copyright Act and what critics call as its extremely high per-song fines. In a recent appeal of a decision that gutted a $675,000 finding against an Internet user who downloaded and shared just 30 songs, the government sided with the Recording Industry Association of America (RIAA) in claiming that a judge has no right to reduce the amount, no matter how "excessive" it may be deemed. The administration said last year that it supported fines in the Copyright Act of up to $150,000-per-file. The suit's target is Joel Tenenbaum, only the second defendant in America to take an RIAA lawsuit to a jury trial. Last year he lost his preliminary trial, but U.S. District Judge Nancy Gertner called the music industry's total claim "unconstitutionally excessive" and reduced it to $67,500. That comes out to around $2,250-per-song -- a total she said was "still severe," but sent a "strong" message to other media pirates. Recording industry lawyers had argued that due to modern technology's "viral nature," sharing even a single album has the potential to cause "billions of dollars in damages" to music publishers. Tenenbaum appeared before the First Circuit of Appeals Monday to argue that even the reduced amount is excessive. Opposing him, the RIAA and the Obama administration argued that the original verdict was justified and the judge was abusing her authority by reducing the original fine of $675,000. The Copyright Act's minimum per-file fee is $750. The appeal is ongoing in Boston. An audio recording of the opening arguments was available online, courtesy of the 1st U.S. Circuit Court of Appeals.

To: TH who wrote (15972)	4/7/2011 10:26:50 PM
From: Smiling Bob	Read Replies (2) \| Respond to of 119362

Spring is here and it's bound to be a big disappointment for Realturds® Ben went and inflated everything but home values Though I do sense that's coming as replacement value becomes a factor. That will be very localized and inventory dependent. My area is holding up well, because of supply and demand. But cracks are appearing as the supply seems to be ramping up quite a bit. Four added on Zillow just today, which is a lot and they're all over priced. So all in all, there should be a number of nationwide swoops for a host of reasons, leaving few markets unscathed.