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swhx7
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join:2006-07-23
Elbonia

2 edits

reply to dodgetech2

Re: U.S. economy loses $58 billion from piracy every year.

I've about had enough of the popular press repeating whatever bogus "piracy" numbers the copyright holders make up, without any question or analysis, implying to the public that they're valid.

A supposed lack of sales that hypothetically might have happened under conditions contrary to fact, is not a "loss" under any reasonable or recognized accounting principles. If a company put such an item on its financial statements as a "loss", the stockholders could sue for fraud and the SEC would punish the management and force a re-accounting. That's because it's fiction.

Of course as everyone knows, too, they assume every infringer would have bought a copy at full retail price, so it's becoming a question of whether reporters are complicit in foisting this BS on the readers, or how bizarre and preposterous the claims can be before the media will start questioning them.

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