MIT License question
 

As I mentioned, I have just created a framework, I am wondering should I have it MIT licensed? and how? Do you guys think I need it? I read the MIT license site, they kind of say that my work has to be approved by them first, but it seems like I can just put this statement "Open Source Initiative OSI - The MIT License:Licensing | Open Source Initiative" there, then it will be fine, I am so confused now. Do you guys have any clue on that?