Piracy More Serious Than Bank Robbery?

http://yro.slashdot.org/yro/07/06/17/009218.shtml

NBC/Universal general counsel Rick Cotton suggests that society wastes entirely too much money policing crimes like burglary, fraud, and bank-robbing, when it should be doing something about piracy instead. ‘Our law enforcement resources are seriously misaligned,’ Cotton said. ‘If you add up all the various kinds of property crimes in this country, everything from theft, to fraud, to burglary, bank-robbing, all of it, it costs the country $16 billion a year. But intellectual property crime runs to hundreds of billions [of dollars] a year.