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Well, I agree with Ralph Sir Edward: "Follow the money" is essentially what's put us in this mess, especially in terms of the corporate-supported revisions to extend copyright. And the money remains the sole obstacle of the "harmonization" process. I'd like to hope the EU effort is a sign of governments turning to corporations and saying, "enough is enough," and I wouldn't mind seeing it in the U.S., too.
Like so many other rules and guidelines, copyright law needs to be updated to satisfy the Global Marketplace that we all aspire to. Failure to do so will result in a situation akin to walking into a shopping mall, and needing a different currency for every individual store.
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