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April 21, 2011

Wishy-Washy

The USPTO had a gold-plated patent examination fast-track planned, called "Prioritized Examination," (also "Track One") scheduled into existence on May 4. For the privilege of working with the office, upon payment of a $9,520 fee, an applicant might hope for allowance within a year. Track One has been put aside, the cancellation ostensibly attributed to budget cuts, though the application fee makes that excuse ponderous.

Along with the new Patent Decimation Act about to pass Congress, it's high time for Americans to stop inventing and get back to the inscrutable financial engineering that bred the illusion of wealth in this country for so long. After all, in siphoning funds from the PTO, and pocketing millions from mega-corporations for corrupt legislation, Congress sets the example for the nation that greed is good. Or at least good enough for government work.

Posted by Patent Hawk at April 21, 2011 12:19 PM | The Patent Office