No point in arguing about it, we're all in agreement here (unless someone reading this has had their head in the mud for the past 9 years)... and as a matter of fact, the reason I started this thread was because I immediately saw the bill for what it is. As I posted in the other thread, throughout history the primary purpose of government has never been to protect the people, it's always been about protecting the rich from the people...
This is 100% true. This bill is about nothing more but ensuring that the rich continue to get richer. It is formatted nicely to sound like it's stopping a legal issue but in reality, it's to have more control over the internet; something the government would love to exert full control over if possible.
The internet is really a bastion of freedom at this point because it's a free exchange of ideas and it is for the most part unregulated when compared to other mediums such as radio and television. If the government is allowed to determine what constitutes a pirate site, they could define something that simply goes against their ideology as a pirate site and block it based on some legalese that they come up with. I certainly don't trust them with decisions of any kind really, especially the US Government that manages to screw up anything it touches. Don't want to get too political but this bill screams bad idea to no end.
As far as piracy being lost sales, I've heard this tired and old argument time and time again and it makes me laugh a bit more each time. I remember in 2007, the MPAA said they were losing millions and millions from all the piracy of movies yet not much later after that statement in 2007, they stated that they had set record profits for the movie industry. I thought "what's the matter, the record not high enough?" Seriously, and I am not advocating piracy, but it is extremely difficult for me to feel any sympathy for these entities because they lost a million or two out of 100 some million.
The fact is with lost sales, this is a flawed view because particularly with movies, I've asked people who watch some movies streamed online for free and they flat out say that if they had to pay for said movies they watched, they just wouldn't have watched them. In this regard madtownidiot is right, these are not potential customers and never will be; they are simply people who want a free lunch and if they can't get it free, then they won't bother with it. Same with software, people will use it for free if they can but if they have to pay even one penny for it, they'll either find an alternative or plain not use it. And the funny thing is I believe Steve Ballmer has said that if software is pirated, they'd rather have people pirate their software simply because it spreads their name. And it truly is a testatement to the popularity of Windows that many people would rather go through the trouble and risk of pirating Windows than getting a legally free copy of Linux. Again, not advocating piracy but these are truths.
But back to the main point, the US Government attempting to regulate anything is always a bad thing because they always manage to do it in favor of corporate interests and screw everything up. If you want an example of government regulation out of control, look at smog checks in California. Or another example, banning the use of cell phones without a hands free headset; you can talk to the companies that make all these accessories about how exactly that safety measure got passed.