Posted by CotoBlogzz 02-25-2010 | 11:30 AM
Rancho Santa Margarita, CA - The US Congress continues its generational theft by passing yet another Jobs Bi - this time, with the approval of the newly anointed star, Scott Brown, who apparently, turned out to be a JAP - just another politician.
What is the common denominator between fiber optics, MRIs, Lasik, Google, liquid crystal displays (LCDs, holograms and Gatorade? These al sprang from the discoveries of university researchers. To date, Stanford University gets a whooping $1 billion/year from Google!
Before passage of the Bayh-Dole act of 1980, all rights and proceeds from federally funded research remained the property of the federal government. Commercialization rates of university research discoveries have since multiplied - just another vivid example that the federal government is best, when it leaves market forces alone, particularly in the job creation market - VP Biden's "funny math" about how the government is paying some $500,000 for each job created.
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