Patent, Patent, who's got the Patent (and which one)?

To All:

I got a large number of questions about the Business Methods patent for Cap and Trade derivatives. I only post what I believe to be true, and in most cases I put up links so you can do your own research. But in the case of Obama, it's not easy. There are often several layers of disinformation and deception. And some things are unknowable without subpoenas and a court ruling, and perhaps not even then.

The patents (s) on Carbon Cap and Trade derivatives are not quite as elusive as the infamous birth certificate, or even the hidden school and college records, but I must confess the issue does stretch credulity. No, I did not make this up. There is definitely a patent. In fact there may be two of them, or perhaps the second one preempts the first, and makes it null and void. Or perhaps there are two patents on the same basic "invention," with different owners. Glenn Beck and others have reported on "the patent." Glenn even showed images of one in his show. Issued patents are public records. Some say there may be as many as four patents.

The reason most companies keep patents, especially Government Contractors, is that they have their employees sign over their patent rights. In this case, I recall Fanny Mae did own the second (2006) patent -- very odd for a lending company!!! -- but they gifted it to Raines. Some argue that Government Entities always own the patents, but I don't know. And I don't think Fanny and Freddy are deemed to be government entities (though I agree they should be).

Ask your Congress critters who owns the patent, and get them to specify clearly which patent they are talking about and if there are two patents. If there are two, ask them who owns the second one. It would be amusing to learn what they said.

I said Raines owns "the patent." I said that because that's what was reported by the Patent Office (PTO) when they were first asked the question. Unfortunately, the PTO (which, of course works for Obama) has since retracted that statement. I saw reports that said Fanny had "given" the patent to Raines at the time he left employment with Fanny.

Until recently, most reports said Raines owns "it." But after this hit the news, embarrassing the Obama Administration, Raines has been saying it's still held by Fanny Mae. A few reports say Raines and Fanny both share the ownership. Further confusing matters is that there are (may be) two patents, possibly with different owners. A variation in this story is that Raines filed a second patent which Fanny Mae never owned, but which supersedes the Fanny Mae patent. And while I've worked in high tech all my life and never seen this before, it appears the second patent was issued twice (I don't understand how that could be). And there is another issue that possibly clouds ownership, CO2e.com.