Silicon Valley entrepreneur Peter Thiel is a pretty smart guy. As partial evidence, I give you his self-made net worth of $2.7 billion. He co-founded online payment mega-company PayPal – which was in 2002 sold to eBay for $1.5 billion. Anyone who saw the very good flick “The Social Network” knows Thiel was one of the first outside investors in Facebook. He still owns a chunk, and is on their Board. He invested in LinkedIn. He’s…done well.
There is a warped Inside-the-Beltway fetish with “getting things done.” Warped – because of what many of those “things” consist. Most members of both political Parties (and the bulk of the Chattering Classes) want things – that most of We the People do not. So DC tries to distract from their terrible products – by obsessively fixating on the process.
The Democrat Party is currently conducting a presidential primary. The alleged moderate alternative to avowed Socialist Bernie Sanders is Hillary Clinton (despite the fact that she voted 0.1% less Left than he when they served together in the Senate). In last week’s debate, the candidates were asked “Which enemy are you most proud of?” Secretary Moderate’s response?
Under consideration in Washington, D.C. is legislation that will fundamentally transform our patent system. It will render this Constitutionally protected intellectual property product – dramatically less protected. The bills to which I refer are the Innovation Act (House) and the Patent Act (Senate). There are many, many reasons to oppose them.
Some in government are yet again using a tiny private sector problem to allegedly justify a massive government private sector invasion. Proposed is a huge government hammer. To obliterate – a gnat.