» It’s about time

GigaOm’s Jeff John Roberts reports that Intellectual Ventures is setting up a political action committee for patent trolls:

“We don’t have any details to share about the PAC filing,” said an IV spokesperson in response to an email question about how the company will direct the PAC money.

It’s a good bet, however, that the company will target Congressional freshman with messages about “protecting property” and “supporting innovation.” The company once used such rhetoric to charm Malcolm Gladwell and others, but now IV’s demands for money are regarded by many as a tax and a nuisance.

Thank goodness someone will be finally provide a voice in government for those who almost literally sit under bridges they did not build and extort money from those who pass over.

(Via Kontra)