This is NOT a political post.  It simply states our current Administration's view and it is exactly what we need.  If you read some of the legal opinions, you'll find almost all want some modernization, but not a limit on inventor's rights.

President Bush is fighting our fight on Patent Reform.

John 

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Today, the Bush Administration shared a letter with members of the Senate, expressing its views on the Patent Reform Act of 2007 (S. 1145).

The letter states the Administration strongly opposes S. 1145 in its current form, but strongly supports passage of balanced patent modernization legislation. Any changes must be carefully considered and balanced to encourage all innovators and business models. The Administration opposes S. 1145 because it does not strike the right balance for all innovators. Unless the provisions limiting inventors’ rights to obtain damages are significantly revised, the Administration believes the resulting harm to the U.S. intellectual property (IP) system would outweigh the bill’s many useful reforms.

The Administration continues to strongly support the passage of patent modernization legislation that improves patent quality and reduces litigation costs. In fact, the Administration agrees with many of the bill’s provisions—and believes that those provisions pertaining to applicant quality submissions are the only ones that serve to maximize quality in the U.S. IP system. Working together, the Congress and the Administration can and should enact legislation that will promote innovation throughout all sectors of the economy.

http://www.uspto.gov/