Matt Stoller’s got a good explanation here of the difference between the two bills currently under consideration, HR 1606 and HR 4900. The basic premise is this: HR 4900, the reform bill, is bullshit, and could essentially decimate the netroots political power of the blogosphere, turning it into just another avenue of access that is closed to anyone who isn’t wealthy.
Nancy Pelosi is supporting HR 4900 (and actively fighting against HR 1606), as are a lot of other Dems. If you value your free speech in the blogosphere, get yourself up to speed on the bills, and then write to Pelosi et. al. and let them know they’re supporting the wrong one.
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