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As we noted yesterday, President Obama is holding a "Fireside Hangout" via Google Plus today. In a bit of a surprise turn, he took a question about patents and patent reforms, with a specific question about software patents. And, his response was surprising. He admitted that there was a problem, and that there were some companies who were clearly not doing anything other than trying to "extort" money from others. Furthermore, while he pointed to the patent reform bill that passed in 2011, he also admitted that it really only went "halfway" towards reforming the patent system as far as it needed to go.
least its better than the bush years
