Comments on: China, India like US Patent Reform

By: leo

leo — Sat, 15 Jan 2011 05:59:24 +0000

China’s attitude towards intellectual property (they generally ignore it if possible) seems closer to your own ideal. Maybe they have somehting to teach the patent-hoarders of silicon valley.

By: mikey

mikey — Mon, 10 Dec 2007 12:02:55 +0000

Sorry the above was meant for a different thread.

By: mikey

mikey — Mon, 10 Dec 2007 11:57:31 +0000

From Schiff’s article:

“With the majority of our near 10 trillion dollar national debt financed with short-term paper, what happens when interest rates rise? Will the government extend the maturities of one-year treasury bills, tuning them into 10-year treasury bonds, forcing holders of government debt to accept below market returns for extended time periods?”

In addition to repos the FOMC also has the option
to make permanent purchases of T-notes.Interesting that the newest info on the size of this account was 6 years old(that I can find so far)It was 535 billion in 2001.
So rather than an obvious partial default, as outlined by Schiff above, wouldn’t the Fed be more tempted to increase the size of its permanent open market account with outright purchases? Very inflationary I know.But at this point I wouldn’t rule anything out.

By: lester

lester — Mon, 10 Dec 2007 10:19:34 +0000

slightly OT a little copyright story- I work at a place that makes decorated cookies. if you want a cookie with a disney character you have to pay a dollar or so extra and there is a little copyright symbol on the back of the cookie. How disney collects the dollar I have no clue. My guess is the chinese bakeries don’t have this problem

By: Greg

Greg — Mon, 10 Dec 2007 07:53:31 +0000

Patent protection works when there is an arbiter to ensure their enforceability. When the U.S. is gradually losing its predominance in the global economy, it also loses its power to enforce its patent protection laws. This portends dire fate when MNCs shift their operations wholesale to China and India and the U.S. is left the empty shell of entertainment and software intellectual properties with their unenforceable copyrights and patents.

The solution is to rely less on patents and copyrights and put more effort at increasing access to higher education and decoupling the political process from special interest lobbies who have made patents and other regulatory frameworks unrealistic, unworkable and unenforceable. Time to come down from entitlement clouds back to earth.

By: Steven

Steven — Mon, 10 Dec 2007 06:35:32 +0000

No wonder tech is booming in Bangalore

By: Marc Pickett

Marc Pickett — Mon, 10 Dec 2007 04:52:09 +0000

Not really surprising given the continued eviseration of everything of economic value in the USA. I assume this makes the ITC less formidable to foreign infringers?