6. Yes the patent system has been hijacked, but...
completely eliminating patents will only lock in corporate control.
Any small inventor (or even small company) with a good idea will be forced to sell out to a large corporation at a low price, because there will be NO protection at all.
The patent problem has been caused by bullshit like business method patents, software patents, patenting nature (i.e., the infamous BRCA2 cancer test patent), big corporations acquiring massive patent portfolios strictly for the purpose of litigation, patent trolls like Nathan Myhrvold (another gift from Microsoft ), and other OBVIOUS and fairly RECENT over-reaches of the patent system paid for by corrupt corporate control of the political system.
Get rid of the bullshit, and the patent system becomes a level playing field again.
An honest patent system does what the founding fathers wanted: it encourages innovation.
Abolishing that system will ruin innovation, which is all America has going for it.
The linked story is just more garbage from our corporate masters: "We wrecked the system, so now you should let us do as we damn well please."