Patent law and Constitutional Limits

April 26, 2011 · Posted in News, Opinion · Comment 
By Tom Rhodes
4/26/2011

Too bad none of the GOP or newly elected TEA Party legislators actually cares about the constitution. The Senate has passed a bill (S.23) to take away the property rights of American inventors. They held a quick poorly publicized hearing that did not include a single inventor, a small-business person, a venture capital person or a constitutional authority. It’s sister bill in the house is now being pushed without any publicity, H.R. 1249.

This bill is clearly unconstitutional, as rather than acknowledge one of the most valuable individual rights guaranteed in the U.S. Constitution is the right of “inventors” to own “the exclusive right” to their “discoveries” for “limited times” (see Article I, Section 8 of the US constitution), these bills give the right to an invention to the person who first files. Get that, if a company files the paperwork, they have the right to an invention, not the actual inventor.

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Mainstream Media LIES Re: Default And Debt Ceiling

April 23, 2011 · Posted in News, Opinion · Comment 
Karl Denninger
http://market-ticker.org

I’m getting very tired of this – isn’t there some sort of law about intentionally misleading people to their detriment? Isn’t doing that called fraud?

“WASHINGTON (AP) — The United States has never defaulted on its debt and Democrats and Republicans say they don’t want it to happen now. But with partisan acrimony running at fever pitch, and Democrats and Republicans so far apart on how to tame the deficit, the unthinkable is suddenly being pondered.”

No it’s not.

“The government now borrows about 42 cents of every dollar it spends. Imagine that one day soon, the borrowing slams up against the current debt limit ceiling of $14.3 trillion and Congress fails to raise it. The damage would ripple across the entire economy, eventually affecting nearly every American, and rocking global markets in the process”

That’s not a default. Watch the (intentional) misdirection here:

“A default would come if the government actually failed to fulfill a financial obligation, including repaying a loan or interest on that loan.”

Uh, no.

Including”? No, not at all.

In fact a default is only the failure to pay interest or principal on a loan. Nothing else is a default.

“If the U.S. starts missing interest or principal payments, borrowers would demand higher and higher rates on new bonds, as they did with Greece, Portugal and other heavily indebted nations ”

The United States takes in about $2 trillion in taxes a year. The total interest paid last year was about $180 billion, a ridiculously low blended rate, but that’s what ZIRP (zero interest rates by The Fed) get you.

Read the rest of the Article here

Majority of Florida Representatives Continue the Shredding of the Constitution

February 10, 2011 · Posted in News · 1 Comment 
By Alexander Snitker
1787 Network

US House of Representatives voted Tuesday on extending certain parts of the Patriot Act. The good news is that this did not pass. The bad news is that the vote will come up again at the end of the month and will require only a simple majority to pass.

The bill would have extended three provisions of the Patriot Act that are set to expire at the end of this month

1. The use of roving wiretaps

2. The ability to use business and other “tangible” records for surveillance purposes

3. The ability to conduct surveillance on those not tied to a specific terrorist group.

The Patriot Act does not make us any safer and attacks our civil liberties. The Patriot Act is completely unconstitutional. We elect our representatives to follow the Constitution. Here is a List of the Florida Representatives and how they voted.

A ‘YES’ vote means they support extension. A ‘NO’ vote means they don’t support extension.

There will be another vote on this by the end of the month. Call your representative and let them know they were sent to Washington to follow the Constitution.

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