Nick Clegg, leader of the UK Liberal Democrats party, has pledged to repeal the odious Digital Economy Act, which was rushed through without substantial debate before Parliament adjourned for the election. Time to start asking the other party leaders and MPs if they'll support the repeal of the DEAct and a revisiting of the issues from the bottom up:
Q: Will you reconsider the Digital Economy Bill considering the manner it was pushed through, without proper scrutiny, the lack of MPs in attendance at the Bill's hearing and also taking into account that some ministers have demonstrated considerable lack of technical knowledge on the consequences of the proposed legislation?
Nick Clegg's answer: "We did our best to prevent the Digital Economy Bill being rushed through at the last moment. It badly needed more debate and amendment, and we are extremely worried that it will now lead to completely innocent people having their internet connections cut off. It was far too heavily weighted in favour of the big corporations and those who are worried about too much information becoming available. It badly needs to be repealed, and the issues revisited."
Lax enforcement from the SEC has allowed the biggest companies in America — 90 percent of the companies in the S&P 500, led by the faltering energy sector — to ignore the “Generally Accepted Accounting Principles” (GAAP) in presenting their financial information to investors, manufacturing nonexistent profits in quarters where they suffer punishing losses.
Reuters reports that VW is about to tell the federal judge in San Francisco in charge of its case that it will offer to buy back nearly half a million of its diesel vehicles from owners who were deceived about the cars’ emission standards and performance when the company engineered its cars so that they […]
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