Welcome to communism

We are seeing our free market capitalism disappear before our eyes.   SEC bans short-selling Fed takes control of AIG Treasury set to bail out Fannie Mae, Freddie Mac The founding ideals of our country are so closely tied to the basic premise of credit unions (member-owned, democratically controlled) that I now can see how [...]

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Big banking news from Second Life

Second Life issued a statement today effectively banning in-world banking. “As of January 22, 2008, it will be prohibited to offer interest or any direct return on an investment (whether in L$ or other currency) from any object, such as an ATM, located in Second Life, without proof of an applicable government registration statement or [...]

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