“When word gets out that intellectual property rights are not being taken seriously in the United States, especially for any class of patents that can be a convenient political target of powerful, well-heeled interest groups like banks, our voracious international competitors will pounce,” writes F. Scott Kieff, the Ray and Louise Knowles Senior Fellow at the Hoover Institution, member of the Property Rights, Freedom, and Prosperity Task Force there, and professor at George Washington Law School.