Tuesday, July 13, 2010

Legislative Update for July 13, 2010 Meeting

H.R. 5175 - Disclose Act [passed June 24 House vote, 219-206 (Boucher - Nay, Goodlatte - Nay, Periello - Aye, others)]

This bill has been called the Establishment Protection Act. The bill amends the Federal Election Campaign Act of 1971 to require disclosure of all members and donors of all third polical groups that recieve donations. It also require individuals or political groups that make "independent expendators" exceeding $10,000, or $1,000 within 20 days before an election, must file electronically a report within 24 hours of the transaction.

Without a special deal that the NRA made with the Democrat leadership to be exempt from the the bill's restrictions, the bill would not have passed. Also exempted were labor unions.


S. 3480 - Protecting Cyberspace as a National Asset Act of 2010 (PCNAA), sponsored by Joe Lieberman

Would grant the President far-reaching emergency powers to seize control of, or even shut down, portions of the internet.

The legislation says that companies such as broadband providers, search engines or software firms that the US Government selects "shall immediately comply with any emergency measure or action developed" by the Department of Homeland Security. Anyone failing to comply would be fined.

From ZDNET:

To sweeten the deal for industry groups, Lieberman has included a tantalising offer absent from earlier drafts: immunity from civil lawsuits. If a software company's programming error costs customers billions, or a broadband provider intentionally cuts off its customers in response to a federal command, neither would be liable.

If there's an "incident related to a cyber vulnerability" after the President has declared an emergency and the affected company has followed federal standards, plaintiffs' lawyers cannot collect damages for economic harm. And if the harm is caused by an emergency order from the Feds, not only does the possibility of damages virtually disappear, but the US Treasury will even pick up the private company's tab.

See also: Senate Bill Would Give Obama Internet ‘Kill Switch’


Financial "Reform" - H.R. 4173 and S. 3217

The House rejected a motion to reinsert Ron Paul's H.R. 1207 Audit the Fed bill into the Financial "Reform" bill by a vote of 229-198. This vote is particularly despicable because H.R. 1207 had 319 (of 434) cosponsors. The majority of those who voted against the insertion were cosponsors of H.R. 1207!

There is one silver lining to the way things worked in for the bill -- the provision to expand the Federal Trade Commission’s powers—and with it, the likely restricted access to nutritional supplements—did not make it into the final Wall Street “Reform” bill.

Congressman Henry Waxman (D–CA), with the support of powerful Congressman Barney Frank (D–MA), made a strong last-ditch effort to save the provision we’ve fought so hard against. The conference committee deliberations went on until early Friday morning, but in the end, the provision was not accepted and will therefore not be in the reconciled bill that will be submitted for final House and Senate passage and presidential signature.