I'm With Republicans on Intellectual Monopolies

I say this in response to this (Thom Holwerda, OSNews) article on Obama's support for the RIAA, MPAA, and other lobbies on the topic of intellectual monopolies.
He has claimed that "Our single greatest asset is the innovation and the ingenuity and creativity of the American people".
Yes. That's true. Go on.
"It is essential to our prosperity and it will only become more so in this century. But it's only a competitive advantage if our companies know that someone else can't just steal that idea and duplicate it with cheaper inputs and labor."
Wait, what?
Isn't the whole point of a competitive advantage to be able to produce the same good/service at a lower cost, benefiting everyone (consumers AND producers) in the economy? Come on, that's Economics 101/AP Economics!
Or, is he seriously suggesting that higher costs just to maintain monopolies is OK?
I don't know how we are going to move forward as an economy with that kind of thinking - not when somehow ensuring that the "original inventor" gets all the revenue (to the detriment of all else).
Thankfully, as stated in the article, the EU Parliament has shot down the ACTA. Good for Europeans - sadly, the American people are not informed enough to ask representatives and senators to do the same (right) thing.
The title? Usually it's Democratic politicians who are proactive about introducing new restrictions on digital rights and enforcing new, longer-lasting intellectual monopolies. This mainly derives from Hollywood's influence on the Democratic party. Republicans do not have this connection, so they are a little more reserved about introducing such new intrusive laws (in line with their beliefs in small government); sadly, they rarely have the guts to oppose "protection of 'intellectual property'" (and this is one time where I want the Republicans to be more proactive in this regard). That's why I'm with the Republicans on this one.

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