Article now on 'The Market Ticker'
'Ron Paul Seeks To Enforce Trademarks'
by Karl Denninger
"From the amusing file comes the following:
Earlier today, Ron Paul filed an international UDRP complaint against RonPaul.com and RonPaul.org with WIPO, a global governing body that is an agency of the United Nations. The complaint calls on the agency to expropriate the two domain names from his supporters without compensation and hand them over to Ron Paul...
... Uh huh.
These folks registered this guy's name and started selling merchandise, which had exactly zero value except in conjunction with his name and fame.
Then they tried to sell him the domain and their mailing list which they compiled using his name and likeness without his consent for a whole ****load of money. $250,000, to be exact. [actually it was originally over $800,000]
But now that Ron Paul has instead filed a complaint with WIPO, they're all screaming foul! and claiming that as a Libertarian "trademarks" cannot exist. ...
... The simple reality is that the value of their "product", such as it is, would be exactly zero were it not for Ron Paul himself. It is his visage, his record (such as it is) and his name that have acquired secondary meaning.
That is the definition of a strong trademark -- something that has acquired secondary meaning but would otherwise be nondescript.
You don't own this folks -- Ron Paul does.
And despite not being one of his fans in this regard he is exactly correct."
So that's a current look at what the market is reading this week!
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