] [T]he entertainment industry's pursuit of tough new laws to
] protect copyrighted materials from online piracy is bad
] for business and for the economy, according to a report
] being released today by the Committee for Economic
] Development, a Washington policy group that has its roots
] in the business world.

[ Following on the heels of Greenspan's speech regarding the need to re-assess IP law in the context of an increasing ratio of the GDP being based upon non-physical product -- here's one such re-assessment. Or a little piece of an overall reassessment anyhow. It's nice to see some of the more venerable mainstream organizations picking up this argument... -k]

Jack Valenti: "Stifle innovation -- that's malarkey."