https://blog.opensourcecurrency.org/tags/nn08/ Recent content in Nn08 on Open Source Currency Hugo en-us Sun, 20 Jul 2008 18:46:00 +0100 https://blog.opensourcecurrency.org/2008/07/20/lawrence-lessig-at-netroots-nation-2008/ Sun, 20 Jul 2008 18:46:00 +0100 https://blog.opensourcecurrency.org/2008/07/20/lawrence-lessig-at-netroots-nation-2008/ <p><a href="http://www.flickr.com/photos/tbbrown/2682714555/" title="Lessig at Netroots Nation 2008 by tombrown91, on Flickr"><img src="https://blog.opensourcecurrency.org/images/posts/2682714555_481f95c176.jpg" alt="Lessig at Netroots Nation 2008" title="http://farm4.static.flickr.com/3143/2682714555_481f95c176.jpg"></a><br> The lunch for Lessig&rsquo;s keynote at the Austin Convention Center yesterday (NN08) was the standard sandwich box. Each choice had a fancy name. I chose the Wellington. It was pretty good. I&rsquo;m eating the apple as I blog.</p> <p>Lessig spent most of the keynote describing the motivation for <a href="http://change-congress.org/">Change-Congress</a>. On one of his early slides, Lessig noted the problem of socialized risk and privatized profit. In fact, on the day before at the <a href="http://www.equityblog.org/2008/07/18/tackling-the-subprime-crisis/">subprime mortgage session</a>, I asked the panel <a href="http://www.askthespeaker.org/akira/dtd/2255-885">the question I submitted for Nancy Pelosi</a>. Panelist <a href="http://www.huffingtonpost.com/hale-stewart">Hale Stewart</a>, who seems like a straight shooter, answered that there&rsquo;s nothing Congress can do about the conflict of interest of the CEO of JP Morgan Chase making decisions on the Federal Reserve Board to make the public take the risk of the Bear Stearns acquisition.*</p>