IT guys around the world could be heard laughing hysterically Wednesday as Attorney General Michael Mukasey proclaimed that terrorists sell pirated software as a way to finance their operations, without presenting a shred of evidence. This, of course, was just a ploy to push through a controversial piece of intellectual property legislation that would increase IP penalties, increase police power, set up a new agency to investigate IP theft. “Criminal syndicates, and in some cases even terrorist groups, view IP crime as a lucrative business, and see it as a low-risk way to fund other activities,” Mukasey told a crowd at the Tech Museum of Innovation last week.

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