Political Quotes

Thomas Massie: When patent trolls use U.S. patents to game the system for illegitimate financial gain, it is much like counterfeiting…

On the recordJuly 10, 2015
When patent trolls use U.S. patents to game the system for illegitimate financial gain, it is much like counterfeiting because these are official U.S. documents. What would we do if we found a counterfeiter? Would we go after the counterfeiter, or would we devalue our currency to discourage counterfeiters? Well, that sounds ridiculous. That would wreck our economy just to go after counterfeiters by devaluing the currency. But that is what the Innovation Act, H.R. 9, does to patents. It devalues all patents, and it is going to wreck our economy if we pass it. Patents are the currency of invention. If you want invention to be strong in this country, you need to keep the patent system strong. I urge my colleagues to vote against H.R. 9. ____________________
Said by
Thomas Massie
Republican · Kentucky
Source
govinfo.gov
Jul 10, 2015

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