US Govt Targets Private Enterprise – Eminent Domain – Private Property and Patents at Risk

Guest Post by Martin Armstrong

A recent measure from the Biden Administration touted as a solution to lower prescription drug costs has a more sinister motive. The Bayh–Dole Act or Patent and Trademark Law Amendments Act of 1980 permitted researchers to own the patents of their products developed through government funds. The legislation permitted “march-in” rights that enabled these agencies to grant a license on their patents to third parties. For the first time in four decades, the federal government wants to invoke this measure as they are losing both money and power amid this private wave.

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The US Govt Seizing Farmland under Eminent Domain

Guest Post by Martin Armstrong

The US government is seizing farmland in South Dakota and no one is discussing it. Summit Carbon Solutions is building a pipeline through northeast South Dakota beneath private property and has the full support of the US government. Private citizens are being targeted, and this is all technically legal under eminent domain laws. Republican Governor Kristi Noem of South Dakota has turned her back on the people and is supporting Summit Carbon Solutions.

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Crony Developments

Guest Post by John Stossel

Crony Developments

“Are you on the take?”

When I tried to get Edgewater, New Jersey, politicians to answer that question, the mayor wouldn’t discuss it, ultimately telling me, “You may sit down.”

The town of Edgewater is right across the Hudson River from Manhattan. Anyone fortunate enough to live there gets a spectacular view of New York City’s skyline.

But the Edgewater city government wants to seize a choice piece of waterfront land for itself.

The spot in question is owned by a developer, the Maxal Group. Maxal bought the property for about $26 million and then spent millions more to clean it up. They planned to build apartments and, to please the town, parks, a school and a ferry stop for commuters.

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Eminent Domained…

Guest Post by Eric Peters

Fascism is fundamentally about economics – not racism. It is when Big Business “partners” with Big Government (it’s no accident we hear that word routinely now) to steal money rather than earn it through the free exchange of goods and services.

Examples include Elon Musk and his Tesla electric car operation – but also GM and the mainline car companies, who are just as guilty of “partnering” with the government as Tesla to mulct the citizenry for their benefit – even if their product (unlike Musk’s) is fundamentally sound and could sell on the basis of free exchange.

The bailouts circa 2008 are the obvious example. Rather than take their lumps GM filched our pockets, using the government’s hands in our pockets. (Whether the money was “paid back” is irrelevant to the moral issue at hand; a guy who mugs you in street but sends you a check later on has still mugged you – even if he includes an apology note with the check.)

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