Tuesday, January 24, 2012

Kim Dotcom:  The Most Powerful Man on the Internet?

Currently under a warrantless arrest for alleged "Pirating", Kim Schmitz [aka: Kim Dotcom] was previously convicted of insider trading and embezzlement.  He created the company DataProtect (which he sold for a small fortune), and, in 1999, he designed the Mercedes S Class Megacar which included broadband internet access. 

He wheeled and dealed in insider trading and venture speculations - not unlike those of George Soros  -
and became one of the world's wealthiest men. 

His genius has been compared to that of Steve Jobs and/or Bill Gates.  

But, we know him today as the founder of Megaworld and Megaupload {2005] which became the 13th most popular Internet site with an estimated 4 per cent of all internet traffic and 50 million visitors daily. 

Megaload subsidiaries include Megavideo, Megalive, Megapix, and Megabox [plus a variety of highly popular porn sites.

Of interest to those of you who use Cloud storage for your personal, medical, and/or professional files, other subsidiaries include Megaclick, Megafund, Megakey, Megapay, which provided data storage, advertising, and financial services.

The DOJ shut down all these companies, converting their employees to welfare recipients and putting their livelihoods at risk, and denying access to their personal and business files maintained within the Cloud Storage components -- the impact of which are immeasurable.

His biggest opponents?
Hollywood [Motion Picture Association of America]  and the Music Industry [Universal Music Group], which claims Kim and his companies are responsible for copyright violations of material downloaded through his sites.

Chief Lobbyist for MPAA (c) Moonbattery.com
But, let's not forget Chris Dodd, former Senator [D] from Connecticut, lobbyist, lawyer, Peace Corps volunteer (as a Chicago community organizer?), [dodged the VN draft by joining the Army Reserves and quit when the war ended], former Senate Banking Committee Chair [remember the legislation allowing Goldman Sachs et al to become a "bank", Countrywide/Fannie Mae/Freddie Mac to fund the mortgages which caused the collapse of the housing market and the collapse of the US financial system?  DNC Chair,  and, of course, the scandal in which huge sums were transferred out of the US via AIG, after which it collapsed, but its executives were authorized six and seven figure bonuses.   Lots of alleged criminal activity -- but no criminal charges.

He was going to run for President, but passed the baton to Obama in 2008.  Instead, he took the more lucrative and influential position as Chief Lobbyist for the Motion Picture Association of America at an estimated $1.5 million per year.  In the midst of the SOPA legislative process, he threatened to cut off campaign contributions to any politician who did not support PIPA and SOPA:

"Those who count on quote 'Hollywood' for support need to understand that this industry is watching very carefully who's going to stand up for them when their job is at stake. Don't ask me to write a check for you when you think your job is at risk, and then don't pay any attention to me when my job is at stake." 
[Chris Dodd - MPAA Lobbyist/former Senator (D-CN on Fox News]

The MPAA is the same industry which ignores the US film workforce and supporting companies by making its movies [and TV series] outside US borders to avoid spending money at home and creating jobs here.

Wikipedia's Jimmy Wales has declared that Dodd should be fired.  I don't disagree; but, let's let him stay in place long enough so that Congress can investigate Mr. Dodd and fully expose him for what he is.  He's been hiding in the shadows since the collapse of Wall Street, letting poor old Barney Frank and Chuck Schumer take the full blame, but Dodd should have his day in the limelight. 

Let's let the new Administration DOJ in January 2013 file charges against him for corruption, collusion, conspiracy to defraud, money laundering, etc., after which they can freeze his assets and toss him in jail.

Of course, that would be just a slap on the wrist compared to the massive damage he and Barney Frank have inflicted on this country -- and on the international financial community.

So, how is it that Kim Schmitz is in jail because his company was accused of fostering piracy?
-- and Dodd, whose fingerprints were all over the housing bubble/mortgage crisis and 2008 Wall Street collapse, has the gall to threaten our politicians?   Sounds like a Terrorist Threat to me; perhaps the Patriot Act and the NDAA would apply.

But, oh, yeah.  He's a Democrat, and a friend of Obama.

As a footnote, we probably won't see Spielberg making a movie about the life of Kim Dotcom
[well, not in the US anyway].