It's yet another progressive horror story of abandoning what works in the name of what's politically trendy. For left-wing saboteurs and their Big Business GOP enablers, this means throwing our unique patent system and its constitutional underpinnings under an 18-wheeler. So-called "patent reform" proposals continue to plague Capitol Hill. But like health care "reform" and education "reform," these government cures are worse than any purported disease.
As part of his ongoing bid to "fundamentally transform" America, President Obama signed the Orwellian-titled America Invents Act (AIA) in 2011. If truth-in-advertising laws applied to politicians who front massively complex bills that do the opposite of what they proclaim to do, these hucksters would be jailed for their patently fraudulent "reform" legislation. Co-sponsored by Sen. Patrick Leahy, D-Vt., and Rep. Lamar Smith, R-Texas, the law was marketed as a job-creation vehicle that would relieve a backlog of an estimated 700,000 patent applications and crack down on patent "trolls" supposedly abusing the system through frivolous litigation against alleged infringers.
In truth, the AIA and its legislative successors are special interest boondoggles that enrich corporate lawyers, Big Business and federal bureaucrats at the expense of the independent inventors and fledgling innovators the American patent system was created to protect and encourage.
The AIA's primary agenda? "Harmonizing" our patent laws with the rest of the world to reward paper-pushers who are "first to file" at the patent office, instead of those who are "first to invent." These and other measures enacted by Obama threaten to drive garage tinkerers and small inventors — the designers, engineers and builders of American prosperity — out of the marketplace. Longtime venture capitalist Gary Lauder noted that the first-to-file system has suppressed solo and small-business innovation in Europe and Japan. "The U.S. gets 10 times the angel and venture capital of Western Europe — which recently declared an 'innovation emergency,'" Lauder observed. "So why are we harmonizing with them? They should be harmonizing with us."
Via: CNS News
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