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> <channel><title>Comments for WORLDFINANCE</title> <atom:link href="http://www.worldfinance.eu/comments/feed/" rel="self" type="application/rss+xml" /><link>http://www.worldfinance.eu</link> <description>Everything about Finance in the World</description> <lastBuildDate>Thu, 25 Feb 2010 13:00:43 +0100</lastBuildDate> <generator>http://wordpress.org/?v=</generator> <sy:updatePeriod>hourly</sy:updatePeriod> <sy:updateFrequency>1</sy:updateFrequency> <item><title>Comment on Pat Choate:  Stealing Ideas From Inventors by <img
src='http://www.worldfinance.eu/wp-content/plugins/rpx/images/google.png'/> pep.438</title><link>http://www.worldfinance.eu/pat-choate-stealing-ideas-from-inventors/#comment-15</link> <dc:creator><img
src='http://www.worldfinance.eu/wp-content/plugins/rpx/images/google.png'/> pep.438</dc:creator> <pubDate>Thu, 25 Feb 2010 13:00:43 +0000</pubDate> <guid
isPermaLink="false">http://www.worldfinance.eu/pat-choate-stealing-ideas-from-inventors/#comment-15</guid> <description>A brief review of the Data Treasury/Banking Industry patent infringement law suit.I said it before and I`ll continue to say it  until this crew (The Coalition for Patent Fairness) stops there attempt to perpetrate a hoax on the American public!!! The Coalition for Patent Fairness is a group of one hundred and fifty high tech companies. They are backed by the (Financial Round Table.) The Financial Round Table represents the countries one hundred largest banks. Data Treasury is suing these banks for patent infringement. A substantial number of banks have come to terms and have signed  licensing agreements with Data Treasury. The banking industry has spent in excess of ONE BILLION DOLLARS to fight this case and to justify there illegal infringement .To date ,they have not won a  single court battle. They attempted to buy there way out of this dilemma, with an unconstitutional amendment sponsored by Rep Jeff Sessions. By the senators own admission &quot; I don`t know how (the provision ) can pass a constitutional muster.&quot;
These banks, now have a serious financial problem. (*They are presently involved in a patent infringement lawsuit*). A finding of willful infringement, will subject the banks to treble damages. (Three times the amount, that a jury would award, as per existing patent legislation.) The potential cost to the banks! Billions of dollars! If passed, the amendment would have shift a one billion dollar expense, from the banks, to the American tax payer., By Senator Sessions own admission, &quot;I don’t know how (the provision) can be modified to pass a constitutional muster. This Senator was attempting to add, an unconstitutional amendment, to the Patent Reform Bill. I question his motivation. I assure you, It had nothing to do with honesty, justice or a burning desire to perform his civic duty. The Senator stated,&quot; I think this has more to do with lobbyists, than it has to do with merit&quot;. ( Lets call a spade a spade). This action had to do with lobbyists, buying politicians! It had to do with,the banking industrys personal gain! It had to do with a lack of integrity! (It had nothing to do with merit!)
NOW THERE AT IT AGAIN !  ---Senate Minority Whip Jon Kyl (R-AZ) has recently introduced the latest Patent Reform Act (S3600). In it includes a &quot;Check 21&quot; exception. The latest Patent Reform Act (S3600). In it includes a &quot;Check 21&quot; exception (sec. 13, page 80): &quot;With respect to the use by a financial institution of a check collection system that constitutes an infringement under subsection (a) or (b) of section 271, the provisions of sections 281, 283, 284, and 285 &quot;SHALL NOT APPLY AGAINST THE FINANCIAL INSTITUTIONS WITH RESPECT TO SUCH A CHECK COLLECTION SYSTEM&quot;
Although a small Technology Company named Data Treasury and its patents were NOT specifically mentioned, the intent of the exception is aimed directly at Data Treasury and its on going litigation against the banking industry for infringing upon its &quot;Check Collection&quot; remote image capture technology.
(
*The case, Data Treasury VS. Wells Fargo, and numerous other banks, was filed on Feb 24,2006 and is still in progress.*)
It will  continue in March of this year.
In the interest of honesty and justice ,let this case be resolve in court!
-- (Coalition for Patent Fairness )--- Not even in anyone&#039;s wildest dreams, does this name fit!US Bank is a member of the (Coalition for Patent Fairness.)
Fairness by definition ---( FREEDOM FROM DISHONESTY AND INJUSTICE.)---  ONCE AGAIN, WHO DO YOU GUYS THINK YOU ARE FOOLING?
Inspector Cluseau.</description> <content:encoded><![CDATA[<p>A brief review of the Data Treasury/Banking Industry patent infringement law suit.</p><p> I said it before and I`ll continue to say it  until this crew (The Coalition for Patent Fairness) stops there attempt to perpetrate a hoax on the American public!!! The Coalition for Patent Fairness is a group of one hundred and fifty high tech companies. They are backed by the (Financial Round Table.) The Financial Round Table represents the countries one hundred largest banks. Data Treasury is suing these banks for patent infringement. A substantial number of banks have come to terms and have signed  licensing agreements with Data Treasury. The banking industry has spent in excess of ONE BILLION DOLLARS to fight this case and to justify there illegal infringement .To date ,they have not won a  single court battle. They attempted to buy there way out of this dilemma, with an unconstitutional amendment sponsored by Rep Jeff Sessions. By the senators own admission &#8221; I don`t know how (the provision ) can pass a constitutional muster.&#8221;</p><p> These banks, now have a serious financial problem. (*They are presently involved in a patent infringement lawsuit*). A finding of willful infringement, will subject the banks to treble damages. (Three times the amount, that a jury would award, as per existing patent legislation.) The potential cost to the banks! Billions of dollars! If passed, the amendment would have shift a one billion dollar expense, from the banks, to the American tax payer., By Senator Sessions own admission, &#8220;I don’t know how (the provision) can be modified to pass a constitutional muster. This Senator was attempting to add, an unconstitutional amendment, to the Patent Reform Bill. I question his motivation. I assure you, It had nothing to do with honesty, justice or a burning desire to perform his civic duty. The Senator stated,&#8221; I think this has more to do with lobbyists, than it has to do with merit&#8221;. ( Lets call a spade a spade). This action had to do with lobbyists, buying politicians! It had to do with,the banking industrys personal gain! It had to do with a lack of integrity! (It had nothing to do with merit!)</p><p> NOW THERE AT IT AGAIN !  &#8212;Senate Minority Whip Jon Kyl (R-AZ) has recently introduced the latest Patent Reform Act (S3600). In it includes a &#8220;Check 21&#8243; exception. The latest Patent Reform Act (S3600). In it includes a &#8220;Check 21&#8243; exception (sec. 13, page 80): &#8220;With respect to the use by a financial institution of a check collection system that constitutes an infringement under subsection (a) or (b) of section 271, the provisions of sections 281, 283, 284, and 285 &#8220;SHALL NOT APPLY AGAINST THE FINANCIAL INSTITUTIONS WITH RESPECT TO SUCH A CHECK COLLECTION SYSTEM&#8221;<br
/> Although a small Technology Company named Data Treasury and its patents were NOT specifically mentioned, the intent of the exception is aimed directly at Data Treasury and its on going litigation against the banking industry for infringing upon its &#8220;Check Collection&#8221; remote image capture technology.<br
/> (<br
/> *The case, Data Treasury VS. Wells Fargo, and numerous other banks, was filed on Feb 24,2006 and is still in progress.*)<br
/> It will  continue in March of this year.<br
/> In the interest of honesty and justice ,let this case be resolve in court!</p><p>&#8211; (Coalition for Patent Fairness )&#8212; Not even in anyone&#8217;s wildest dreams, does this name fit!</p><p>US Bank is a member of the (Coalition for Patent Fairness.)</p><p> Fairness by definition &#8212;( FREEDOM FROM DISHONESTY AND INJUSTICE.)&#8212;  ONCE AGAIN, WHO DO YOU GUYS THINK YOU ARE FOOLING?</p><p> Inspector Cluseau.</p> ]]></content:encoded> </item> <item><title>Comment on Hundreds pulled from Indonesia ferry by <img
src='http://www.worldfinance.eu/wp-content/plugins/rpx/images/google.png'/> ashleygerrald</title><link>http://www.worldfinance.eu/hundreds-pulled-from-indonesia-ferry/#comment-10</link> <dc:creator><img
src='http://www.worldfinance.eu/wp-content/plugins/rpx/images/google.png'/> ashleygerrald</dc:creator> <pubDate>Tue, 08 Dec 2009 07:27:16 +0000</pubDate> <guid
isPermaLink="false">http://www.worldfinance.eu/hundreds-pulled-from-indonesia-ferry/#comment-10</guid> <description>I think this is on of the worst &lt;a href=&quot;http://www.norfolkline.eu&quot; title=&quot;ferry&quot; rel=&quot;nofollow&quot;&gt;ferry&lt;/a&gt; accident in Indonesia.</description> <content:encoded><![CDATA[<p>I think this is on of the worst <a
target="_blank" href="http://www.norfolkline.eu"  title="ferry" rel="nofollow" class="extlink">ferry</a> accident in Indonesia.</p> ]]></content:encoded> </item> <item><title>Comment on Payday Loan Problem: Financial &#8216;Quick Fix&#8217; Leads to Personal Bankruptcy by LisaO</title><link>http://www.worldfinance.eu/payday-loan-problem-financial-quick-fix-leads-to-personal-bankruptcy/#comment-2</link> <dc:creator>LisaO</dc:creator> <pubDate>Fri, 12 Dec 2008 10:31:18 +0000</pubDate> <guid
isPermaLink="false">http://www.worldfinance.eu/payday-loan-problem-financial-quick-fix-leads-to-personal-bankruptcy/#comment-2</guid> <description>New products and outputs are highly appreciated by the consumer public especially its new features and uses. Feasibility study is one way to prove its marketing opportunity and other determinants and factors.  The rise to prominence of the payday loan industry is being blamed for the increasing number of bankruptcies. This is not exactly logical thinking. Paige Marta Skiba, Assistant Professor of the Vanderbilt University Law School, provided research that demonstrates the higher prevalence of those who applied and were approved for a payday loan and bankruptcy. This means that people who need money are more likely to go bankrupt. Oh, gosh – that is some groundbreaking research there. That&#039;s like saying that people who live in the desert are more likely to die of thirst. Of course they are – they live in a desert! There isn&#039;t a whole lot of water, and that&#039;s what makes it a desert! Poor financial planning and budgeting makes for more bankruptcies, not taking out payday loans. Its like any other form of credit – you take it out, and you have to pay it back, and be responsible. Click here to learn more on &lt;a title=&quot;payday loans &#124; credit repair &#124; money saving tips&quot; href=&quot;http://personalmoneystore.com/moneyblog/2008/11/24/payday-loans-credit-repair-money-saving-tips-personal-money-store-is-here-to-help-you/&quot; rel=&quot;nofollow&quot;&gt;Payday Loans&lt;/a&gt;.</description> <content:encoded><![CDATA[<p>New products and outputs are highly appreciated by the consumer public especially its new features and uses. Feasibility study is one way to prove its marketing opportunity and other determinants and factors.  The rise to prominence of the payday loan industry is being blamed for the increasing number of bankruptcies. This is not exactly logical thinking. Paige Marta Skiba, Assistant Professor of the Vanderbilt University Law School, provided research that demonstrates the higher prevalence of those who applied and were approved for a payday loan and bankruptcy. This means that people who need money are more likely to go bankrupt. Oh, gosh – that is some groundbreaking research there. That&#8217;s like saying that people who live in the desert are more likely to die of thirst. Of course they are – they live in a desert! There isn&#8217;t a whole lot of water, and that&#8217;s what makes it a desert! Poor financial planning and budgeting makes for more bankruptcies, not taking out payday loans. Its like any other form of credit – you take it out, and you have to pay it back, and be responsible. Click here to learn more on <a
target="_blank" href="http://personalmoneystore.com/moneyblog/2008/11/24/payday-loans-credit-repair-money-saving-tips-personal-money-store-is-here-to-help-you/" title="payday loans | credit repair | money saving tips"  rel="nofollow" class="extlink">Payday Loans</a>.</p> ]]></content:encoded> </item> </channel> </rss>
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