September 30, 2002


Let’s review: The record companies complain to Congress that their revenues are down because people are stealing music from them. Meanwhile, they’re no longer allowed to fix prices.

Could it be that’s the reason revenues are down? No more price fixing allowed? The whole piracy thing is a just a lie to coverup a revenue decline? Nah, they’d never do that.

The amazing thing is that revenues weren’t down more…

Interesting observation.

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