Kamala pledges to take patents from companies

Always in His Presence · Aug 20, 2024

Kamala Harris blasted after video resurfaces of her vowing to 'snatch patents'

A RESURFACED video of Kamala Harris has brought backlash to the Democratic nominee after she vowed to implement a controversial policy. Harris threatened to “snatch” patents away from d…

www.the-sun.com

In her speech at a campaign event in Iowa at the time, Harris spoke about how as president, she would make sure that the government sets a fair market.

She went on to say that companies that didn't comply would be stripped of federal funding in order to lower prices for drugs.

"I will snatch their patent so that we will take over,” she said in the resurfaced video.

So not only does she call for price controls - she wants to pull patents that the companies paid for, invested time and energy into developing

Desk trauma · Aug 20, 2024

Is this supposed to be a negative thing?

Hazelelponi · Aug 20, 2024

Desk trauma said:
Is this supposed to be a negative thing?

Yes.

They are talking about resurrecting a 44 year old law in order to use that law in a manner it's never been used before in the life of the existence of that law.

On it's face there are serious questions about using it in this way not to mention the serious affects it could have on future research and development: it could really put a stop to a lot of potential research and development which is why the American tax payers are generally okay with government grants for research and development.

Snatching patents to control prices will backfire. You have to let the market decide, and the deal with pharmaceutical companies has always been they get exclusive use and pricing for the first 20 years, high paying customers get to play the guinea pigs and after that it goes generic for the poor worldwide.

The government provides some grants to give some help out via the American tax payers, the wealthy give the company their due for their hard work and the net benefit in the end is for helping the poor both here as well as overseas.

The above is how Americans view the world really. It's an economic worldview. Everyone benefits this way and everyone compensated for their contributions. Kamala proposes to fundamentally change that.

Postvieww · Aug 20, 2024

Desk trauma said:
Is this supposed to be a negative thing?

Not if you love communism!

Always in His Presence · Aug 20, 2024

Desk trauma said:
Is this supposed to be a negative thing?

Confiscating property from public and/or private businesses is not a negative?

Desk trauma · Aug 20, 2024

Postvieww said:
Not if you love communism!

Oh, forgot everything is communism now.

Desk trauma · Aug 20, 2024

hislegacy said:
Confiscating property from public and/or private businesses is not a negative?

Not always.

Fantine · Aug 20, 2024

The video began without any buildup or prelude. Without a context, it's malarkey.
I do know that drug companies play lots of tricks to get patents extended, "changing" the drug by adding an inert ingredient or changing a dosage size. Those extensions should never be granted...but politicians with lots of pharma donations think it's OK.
They should never be extended.

Arcangl86 · Aug 20, 2024

hislegacy said:
Confiscating property from public and/or private businesses is not a negative?

The government grants patents in the first place. As long as due process is followed in revoking them, I don't see an issue here.

CRAZY_CAT_WOMAN · Aug 20, 2024

So, these companies get Federal funding. And they still want to make us pay more for medicine. And people have a problem. Because Kamala Harris wants these companies to stop ripping us off. Just like when Michelle Obama wanted healthy school lunches. And to teach kids to have healthy life styles. It seems like everything, that is good. We better get rid of.

Postvieww · Aug 20, 2024

Desk trauma said:
Oh, forgot everything is communism now.

Nope, but the policy proposed by Kamala in the OP is!

Arcangl86 · Aug 20, 2024

Postvieww said:
Nope, but the policy proposed by Kamala in the OP is!

How is it communism?

Postvieww · Aug 20, 2024

Arcangl86 said:
The government grants patents in the first place. As long as due process is followed in revoking them, I don't see an issue here.

hislegacy said:
"I will snatch their patent so that we will take over,” she said in the resurfaced video.

Does the above quote sound like due process? I think not!

Postvieww · Aug 20, 2024

Arcangl86 said:
How is it communism?

Do you really need that explained? If the government "snatched" your bank account and divided it among your neighbors would you think that was communism?

Desk trauma · Aug 20, 2024

Postvieww said:
Nope, but the policy proposed by Kamala in the OP is!

Sure, reds under every bed and all.

Postvieww · Aug 20, 2024

Desk trauma said:
Sure, reds under every bed and all.

Do you have another response? You already used that one.

Desk trauma · Aug 20, 2024

Postvieww said:
Do you really need that explained?

Nope. I’m familiar with the long history of anything conservatives disagree with being communist regardless of it having anything to do with that ideology.

Desk trauma · Aug 20, 2024

Postvieww said:
Do you have another response?

Yes.

Postvieww · Aug 20, 2024

Desk trauma said:
Yes.

Ok, go for it.

Desk trauma · Aug 20, 2024

Postvieww said:
Ok, go for it.

Ok.

Kamala pledges to take patents from companies

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