Neither Intellectual Nor Property
Techdirt's Mike Masnick is writing a series of short articles on topics around intellectual property. His latest focuses on the term itself, exploring the nomenclature people have proposed to describe matter that is neither intellectual nor property. The whole series (starting here) is well worth a read.
Actually, anything with that many lawyers has gone way past intellectual and we all know the lawyers end up with more of the property than anyone else...so yes - I'd say he's right.
I better go RTFA now
The Mothership
You'll know the IP lawyers are desperate when one of them brings a copyright infringement suit against someone for uploading/distributing John Cage's 4' 33".
Speak for yourself. Here in Philadelphia, we pay a 4.3% pants tax, but only while they're being worn, which is why so many Philadelphians go around pant-less. Stupid pants tax!