Government Surrenders to a new IT Paradigm

Traditional software giants are shaking in their boots today. Another government arm has committed itself to the open source movement.

In a public statement, the Consumer Financial Protection Bureau pledges to publish the source code to all software it builds or contracts out for others to build. The bureau reserves the right to make exceptions for extra-sensitive code, but the general policy is clear as day: "When we build our own software or contract with a third party to build it for us, we will share the code with the public at no charge. ... We believe that, in general, hiding source code does not make the software safer."