Steve Steidle’s Techdirt Profile

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  • Jul 27th, 2009 @ 5:22am

    Missing the Point...

    The primary reason that the news has been making such a big deal about this is because of the implication of what the code does. GS came out an said themselves that the code, if in the wrong hands, could be used to "manipulate markets in unfair ways".

    http://www.bloomberg.com/apps/news?pid=20601087&sid=ajIMch.ErnD4

    I understand the arguments that just having a chunk of hard code isn't really going to help anyone, but think about what I just said. They reported it could be used to manipulate markets in an unfair way. Doesn't that mean that GS themselves has the power to manipulate the markets unfairly? This is all tied into the high frequency trading scandal running through the news right now.

    http://www.nytimes.com/2009/07/24/business/24trading.html

    As such, the issue here isn't so much whether someone is going to get ahold of that code and run GS out of business (they have a giant tax-payer funded safety net anyway), but what GS is using the code for.

  • Jul 21st, 2009 @ 5:45am

    Just another example....

    I would vote this is just another example of the ever-expanding government continuing to over-complicate and over-extend many of the laws they have passed. We just need less government regulation from smaller, sleeker, more efficient central government. A giant hulking wreck of a government like the one we currently have just isn't capable of providing accurate, timely solutions in the rapidly changing world we live in today.

  • Jul 21st, 2009 @ 5:37am

    Just one day...

    All I ask for is just one day that I can surf/stumble through the internet without hearing another example of a greedy person/group of persons/company trying to make a living off the extremely outdated copyright laws and the innovation of others...

  • Jul 21st, 2009 @ 5:23am

    Re: Books n' stuff

    I completely agree with DJ. I may read the occasional longer text online, perhaps up to the equivalent of a 100 page book, but whenever I truly want to read something completely for pleasure, I definitely hit up my local bookstore and cruise the self for awhile. Holding an iPod, Kindle, or laptop just doesn't feel like reading a book. Its kinda scary when you are only 21 and you still insist on doing things the "old fashion way"...

  • Jul 20th, 2009 @ 11:43am

    (untitled comment)

    I just signed up for Techdirt after reading this. Had to do a little research to understand the "looooooooooooots of tshirts" reference. Sounds like a kick-ass plan and a great way to reach out to everyone. Plan on ordering my book club when I get back from work...

  • Jul 20th, 2009 @ 11:37am

    Epic News Source

    I'm going to vote along the same lines that this "news source" (i.e. an exceptionally poorly written school newspaper) is an epic fail. I'd want to hear an official statement from LSU before I believe someone who doesn't understand the intertubes at all....