Judge Orders Verizon Subscriber Identities Sealed

NewYorkCountryLawyer writes "In one of the mass 'John Doe' cases based on single BitTorrent downloads of films, Malibu Media v. Does 1-13, a pro se litigant made a motion to quash the subpoena. The Court granted a stay of the subpoena, pending its decision on the motion to quash. Unfortunately for John Doe, Verizon had turned over its subscribers' identities 5 days BEFORE the response was due, thus possibly mooting both the stay and the motion to quash. Fortunately for John Doe, the Judge wasn't too happy about this, ordered the information sealed, directed plaintiff's lawyers to destroy any copies, and ruled that they can't use the information unless and until the Court denies the motion to quash."

Comments

Verizon, the company that brought us DNS-hijacking

[santax]

What did you expect? Come on...

Re:uhhh

[MindPhlux]

here you go :

"In one of the mass 'John Doe' cases based on single BitTorrent downloads of films, Malibu Media v. Does 1-13, a pro se litigant made a motion to quash the subpoena. The Court granted a stay of the subpoena, pending its decision on the motion to quash. Unfortunately for John Doe, Verizon had turned over its subscribers' identities 5 days BEFORE the response was due, thus possibly mooting both the stay and the motion to quash. Fortunately for John Doe, the Judge wasn't too happy about this, ordered the information sealed, directed plaintiff's lawyers to destroy any copies, and ruled that they can't use the information unless and until the Court denies the motion to quash."

Re:Doesn't make a whole lot of sense

[BlueStrat]

A common misconception. Since money isn't tied to anything physical, there is no reason that more of it need lower the value. The current value is already arbitrary. I will also point out that there are far more dollars in databases than we have currency, so we should be able to print quite a bit more without losing any real value at all; we would only be introducing a physical aspect to money that already exists.

I'm sorry, but you're completely wrong. This is disinformation. It never ceases to amaze me how few people have any idea how money actually works. Of course, the government is happy to encourage and promote this lack of understanding and misinformation, as it works to their advantage in effectively stealing wealth from everyone with very few even understanding why they're effectively poorer.

Money is a representation of value, either in services/labor or in goods, regardless of whether the money is tied to something like gold or not, as gold is also a representation of value in goods or services/labor.

Back in the old West, a $20 gold coin would buy you one of the finest suits made. Today, that same amount of gold still buys a fine suit. It's only the amount in dollars that's changed. The comparative actual values have not changed. Back in the 1940s when dimes had a specific amount of silver, a gallon of gas cost two dimes, today those same dimes (with that amount of silver) still buys a gallon of gas. The relative values haven't changed, just the amount of money to equal that relatively static value has increased.

Printing more money dilutes the value of the money, effectively robbing everyone of the value they exchanged either in goods or services/labor for the money they hold. This is why gold prices have rocketed recently. Gold has not gained in value, rather, the dollar used to buy it has lost value.

The Fed engaging in "quantitative easing" (printing/creating more money from thin air) has caused the value of the money to drop dramatically, thus requiring more money to purchase the same value in goods and services/labor. This effectively robs everyone holding that currency of the value of the goods or services/labor they exchanged for that money.

It's theft on a really grand scale with everyone holding US dollars as the victims.

Every time the Fed does another "quantitative easing", your salary/pay is effectively cut.

Strat

Re:Doesn't make a whole lot of sense

[dj245]

That's one part of Econ that I never did understand... WHY should there always be a little inflation? What possible good could there be for my daily gallon of Red Bull to cost an extra 20 cents this year than it did last year? (Higher prices provide incentive to cut back, but that's a health benefit not an economic benefit.) Deflation makes sense - less money moving around, vendors make less, so they have less to pay in wages. The whole thing spirals down. But where's the problem with no inflation?

In theory, there is no problem with 0 inflation. The problem is attaining it. The Federal Reserve has powers, but unlike the powers of congress and the president and the supreme court, it takes a long time to see the affect of any policy they put in place. The economy is a supertanker and the Fed is a little bow thruster. It is difficult to know precisely what effect Fed policies will have, and how long it will take to get there.

That being said, we need a small amount of inflation in order to keep up with other countries. Most other counties subscribe to the "small amount of inflation" theory. If we had 0 inflation, prices overseas would rise (purchasing power would decrease) but our currency would stay the same (ie, a very strong dollar). This would be great for American tourists traveling abroad, but the companies in the US that make things would have a hard time selling things overseas. Most Japanese companies that export are having a difficult time with this. The Yen was roughly 110 Yen/Dollar about 4 years ago and now it hovers around 80 Yen/Dollar. This is a substantial difference and since most big Japanese companies source things and do machining inside Japan (their costs are mostly fixed to the Yen) some are really struggling to sell abroad.