World. And the evidence is that these patent Innovation Box policies are not very good at that because what theyre targeting is the income generated from the patents rather than the research that leads to them. This is true of lots of r d tax credits. In holland they just designed one which is quite intelligent, i think, because it targets the research that leads to the r d. So the labor hired rather than the income generated from that r d. But i think we should remember that, for example, the act which in 1980 allowed publicly funded research to be patented. If you read that act, its really interesting. They also say we better make sure that the taxpayer doesnt pay twice, right . So just like year, i think the nih spent arounded 39 billion in research, both basic and applied. And the problem is what happens to the prices of these drugs . Do they reflect that input . So its not only and ive been reading a lot about this, but the pricing mechanism itself could be one way to be rewarded
Now that is 10 trillion. So there are not many places you can say i can take 10 trillion out of the spending stream to keep you healthier. Let me follow up on this now speaker gingrich. You are a conservative and as a result may have credibility than i do in some circumstances on the question on the role of government here. Why isnt it enough to count on private industry to do this . Why do we have to have a substantial investment from the federal government . Its a question about American History. [ inaudible ] and i are developing a project on why George Washington matters. And people dont often notice that the Founding Fathers wrote into the constitute a Patent Office because they so deeply believed in the future. They made investments. The First Federal highway was built during washingtons lifetime. They believed in improving things. They talked about them as improvements. Jefferson launched an expedition to the west and there was a Childrens Book on this called from sea to shining
Out, and he was rushed to the hospital for treatment, the only survivor. My main message is people, lets show love. Lets show people we and care about them every day, because you never know when its going to be your last. And called her a woman of faith and a pillar of this neighborhood. And she was just well known in the community. Would help you out with anything, and give you are the off of her back, just a lovely woman. Three jewels of the block now suddenly gone with only memories left behind. This fire is still under investigation. Neighbors say, they too, want to know what happened. The 19yearold has smoke inhalation and a possible leg injury. Matt delucia, nbc10 news. We are also following breaking news out of north philadelphia. Nine people in the hospital after a shooting spree. Two of the victims are in critical condition. The shooting happened around 10 30 last night at 23rd and sergeant streets. Police say it appear as group of relatives that live in the area were outside
Heavy rain and already saturated soil has taken a toll on thetrees along the coast. This huge monterey pine crushed the front of a duplex here off 49thavenue. Barry temple says the tree might just as easily have fallen on his house. Sot barry temple neighbor . My wife was out for a walk and she heard a loud crack and saw a tree fall across the street and then there was another crash and this tree came down across from out house. no one was hurt because the residents of the front unit had just left for work when the tree fell. Monika wallis lives in the rear unit and had been worried about that tree amid all therecent rain. Sot Monika Wallis lives next door . There have been limbs hanging down and i told the Home Owners Association about it but they werent impressed by what seemed to be a disater waiting to happen. the power was knocked out and a utility pole looks like it might fall at any time, promptingthe police to close several streets in the area. P. G. E. Rolled seveal crews to t
Hazards for neighbors. But forcing travel delays as well. Lets check in with kron4s chief meteorologist brittney shipp. Brittney how long will it stick around . Synopsis. Showers and strong gusty winds being to taper off this afternoon. A few lingering showers into saturday morning. Additional storm systems will result in widespread rainfall and increased winds from sunday night into monday and again tuesday night into wednesday. Cooler and drier weather conditions then develop late next week. Discussion. As of 1 53 pm pst friday. Surface observations indicate that wind speeds are starting to lessen somewhat, although a few Airport Locations are still gusting in the 2535 mph range. Automated stations in Higher Elevations are reporting gusts in the 5060 mph range still, however, all of these wind speeds are expected to lessen within the next few hours. Radar also indicates that rainfall is less extensive across the region, although shower activity is expected to persist on and off throu