Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Can a President Take or Take Over Patents Owned by Private Companies
Radio News Sources | August 19, 2024 | John Leland 1789

Posted on 08/19/2024 12:47:19 PM PDT by John Leland 1789

While traveling to Kentucky out of Indiana today, listening to Radio 970 AM, Louisville . . . .

Heard Kamala Harris blaming private companies for inflation by price gouging . . . .

Said that she will take, or take over, the patents of privately owned companies if she thinks their prices are too high.

She boldly and arrogantly said, "We CAN do it." Then said, "We have the WILL to do it."

The "We" in these statements, I suppose, refer to a Harris Administration.


TOPICS: Chit/Chat; Conspiracy; Miscellaneous
KEYWORDS: harris; inflation; patents

1 posted on 08/19/2024 12:47:19 PM PDT by John Leland 1789
[ Post Reply | Private Reply | View Replies]

To: John Leland 1789

Not legally, but they don’t care about legalities. If they are “nice”, they may change the law so it’s “legal”, but I seriously doubt they will even bother, why would they when they can simply brute force it. “What are you going to do about it?” mentality.


2 posted on 08/19/2024 12:51:12 PM PDT by GrumpyOldGuy
[ Post Reply | Private Reply | To 1 | View Replies]

To: John Leland 1789

Under the Bayh-Dole Act (https://en.wikipedia.org/wiki/Bayh–Dole_Act) the federal government has the right to “march in” on patents on inventions created using taxpayer funds—to require the patent holder to license the federally funded patent to other applicants. The draft interagency framework provides guidance outlining when the government should exercise its march-in rights, which have never before been utilized.

Get into bed with Fed.gov and you never know what can happen....


3 posted on 08/19/2024 12:52:17 PM PDT by PGR88
[ Post Reply | Private Reply | To 1 | View Replies]

To: John Leland 1789

Not legally however that’s never stopped brandon or harris. theyve defied supreme court rulings they didn’t like. They do what they want and the republicans WILL NOT hold them to account.


4 posted on 08/19/2024 12:52:31 PM PDT by fightin kentuckian
[ Post Reply | Private Reply | To 1 | View Replies]

To: John Leland 1789

No they cannot. However you will be found complicit in some J6 kinda operation that allows you to plead no contest if you sign over your property (patent). Kiddie porn on your computer, some waste product contaminating ground water, or some accounting flaw.


5 posted on 08/19/2024 12:53:34 PM PDT by blackdog ((Z28.310) Be careful what you say. Your refrigerator may be listening & reporting you.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: John Leland 1789

I think you might be conflating two of her policies?

She has said she’ll go after price-gouging supermarkets (outrageous), and that she’ll claw back the patent rights for holders who developed the patents with government funding under written agreement that they’d make their products from that affordable—but who violated that agreement (perfectly fine IMO if as described).


6 posted on 08/19/2024 12:54:01 PM PDT by 9YearLurker
[ Post Reply | Private Reply | To 1 | View Replies]

To: John Leland 1789

Benito Mussolini and Adolph Hitler approve.

No, this isn’t “Godwin’s Law” or “argumentum ad hitlerum”.

It’s just recognition that the Harris policy, the Hitler policy and the Mussolini policy regarding the relationship between industry and government are indistinguishable.

Harris is a fascist, Walz is a communist.


7 posted on 08/19/2024 12:54:11 PM PDT by NorthMountain (... the right of the people to keep and bear arms shall not be infringed)
[ Post Reply | Private Reply | To 1 | View Replies]

To: John Leland 1789
To be fair, this might be a well-deserved threat against certain industries that have been playing a fascist racket for a long time. In my line of work I have come across more than a few cases where the U.S. government dumps a ton of money into a research project with private partners, and at the end of the contract the private companies end up holding the patents, copyrights, etc. for innovative products they then sell for billions of dollars in revenues.

Heck — I would make the case that entire industries like aerospace and pharmaceuticals wouldn’t even exist without this government largesse.

8 posted on 08/19/2024 1:05:24 PM PDT by Alberta's Child (“Ain't it funny how the night moves … when you just don't seem to have as much to lose.”)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Alberta's Child

My former employer just got $75 million from the government to be invested along with the company’s $75 million investment to develop batteries for large trucks, class 7 and 8. The investment is supposed to develop batteries for on highway trucks, except none of the OEMs are buying into it. My former employer can’t even keep the current employees busy for 40 hours a week.


9 posted on 08/19/2024 1:24:43 PM PDT by caver ( )
[ Post Reply | Private Reply | To 8 | View Replies]

To: Alberta's Child

“To be fair, this might be a well-deserved threat against certain industries that have been playing a fascist racket for a long time. In my line of work I have come across more than a few cases where the U.S. government dumps a ton of money into a research project with private partners, and at the end of the contract the private companies end up holding the patents, copyrights, etc. for innovative products they then sell for billions of dollars in revenues.

Heck — I would make the case that entire industries like aerospace and pharmaceuticals wouldn’t even exist without this government largesse.”

Now you are catching on... “Corporatism” is NOT free market Capitalism. They are two hugely different critters altogether. Yet they are falsely thought of as synonymous. And this is where the price fixing comes from. Meat for example, the huge packer corporations are doubling and tripling the prices before they ever even get to the retailer. This is why I claim from manufacture to consumer there is a 100% to 200% mark up. It is a fact... And these big crony corporations are the reason why.

But with that said, We DO NOT need government to get involved AT ALL. What we need is to police ourselves as consumers and DO NOT pay those prices. Refuse to buy in mass and live without it for awhile and the prices WILL come down.


10 posted on 08/19/2024 1:28:27 PM PDT by Openurmind (The ultimate test of a moral society is the kind of world it leaves to its children. ~ D. Bonhoeffer)
[ Post Reply | Private Reply | To 8 | View Replies]

To: John Leland 1789

Well, Billy Bob Thorton told Bruce Willis they did.


11 posted on 08/19/2024 1:30:41 PM PDT by Fledermaus (Clay Bevis and Cuck Butthead are panty wadded, pearl clutching cowards. Rush deserves better.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: John Leland 1789

In Soviet America, to borrow a favorite phrase of the early communists, “Everything is possible.”


12 posted on 08/19/2024 1:34:30 PM PDT by Sirius Lee (Trump/Vance 2024 or GFY)
[ Post Reply | Private Reply | To 1 | View Replies]

To: John Leland 1789

Yes... Pretty much every resource and commerce in the nation. Obama EO 2012:

Executive Order — National Defense Resources Preparedness

EXECUTIVE ORDER

NATIONAL DEFENSE RESOURCES PREPAREDNESS

https://obamawhitehouse.archives.gov/the-press-office/2012/03/16/executive-order-national-defense-resources-preparedness


13 posted on 08/19/2024 1:36:11 PM PDT by Openurmind (The ultimate test of a moral society is the kind of world it leaves to its children. ~ D. Bonhoeffer)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Alberta's Child

And to top it off... All these Large Corporations the “business is always right” cult support are DEMOCRATS and part of the communist New World Order.


14 posted on 08/19/2024 1:47:37 PM PDT by Openurmind (The ultimate test of a moral society is the kind of world it leaves to its children. ~ D. Bonhoeffer)
[ Post Reply | Private Reply | To 8 | View Replies]

To: John Leland 1789
They have Eminent Domain for land, can't see why they couldn't come up with some legalese or emergency excuse for anything else.

15 posted on 08/19/2024 2:21:52 PM PDT by BitWielder1 (I'd rather have Unequal Wealth than Equal Poverty.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: John Leland 1789

Yes, if it’s a dictatorship.


16 posted on 08/19/2024 2:23:10 PM PDT by beethovenfan (The REAL Great Reset will be when Jesus returns. )
[ Post Reply | Private Reply | To 1 | View Replies]

To: PGR88

“government has the right to “march in” on patents on inventions created using taxpayer funds—to require the patent holder to license the federally funded patent to other applicants.”

IF all applicants are treated without favoritism, i don’t really have a problem with that ...


17 posted on 08/19/2024 4:37:56 PM PDT by catnipman ((A Vote For The Lesser Of Two Evils Still Counts As A Vote For Evil))
[ Post Reply | Private Reply | To 3 | View Replies]

To: 9YearLurker

I used her words precisely. I didn’t conflate nor interpret.


18 posted on 08/20/2024 1:39:13 AM PDT by John Leland 1789
[ Post Reply | Private Reply | To 6 | View Replies]

To: John Leland 1789

No, but communist despots like Kamala sure will. Because she thinks she’s owed.


19 posted on 08/20/2024 1:47:23 AM PDT by Bullish (...And just like that, I was dropped from the ping-list)
[ Post Reply | Private Reply | To 1 | View Replies]

To: John Leland 1789

But I am telling you she has introduced two separate policies. The taking over the patents bit is only related to those funded by the government under the stipulation that the federal government can take them over if they don’t make their products from them available at reasonable cost. She hasn’t made any such claim more broadly.

Separately, she claims that she will implement price controls for “gouging” at supermarkets.


20 posted on 08/20/2024 2:06:08 AM PDT by 9YearLurker
[ Post Reply | Private Reply | To 18 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson