Read it yet? Do it. Assuming you aren't completely ignorant to computer diction, the scary part starts on page 3, line 1, where they define an ‘‘Internet site dedicated to infringing activities’’. Now, you really have to read it because I won't summarize, but I will refer to specific sections. Their definition of such a site begs the question, "Who the hell gets to decide which sites meet this criteria?", and then, "How can this not lead to censorship or large corporations effectively buying out the internet?".
The answer to the first is on page 5 -- The Attorney General. One man. One. Man. His motive for labeling any site as such is completely free from public scrutiny, and there is virtually no way to hold him accountable. Sounds like a lot of profit is to be made for him there. (No offense to Eric Holder; I'm sure he's a great man with the strictest of morals. I only mean that whoever holds that position would also hold supreme power over what is accessible to the public.)
Keep skimming through, and you read details over how the court is to go about punishing these offenders named by the Attorney General, until page 11, line 12. Now we get to the stuff that nightmares are made out of: what powers the government has over these undesirables. Page 11, line 16 is what I consider to be one of the most disgusting bits of legislature that has ever entered our congress. The government would have the power to remove or disable access to any site deemed to be, back to page 3, engaged in infringing activities.
Let's recap: An entrepreneur, be it a musician, artist, or whatever else may be dependent upon the exchange of information, believes that website A is hurting its business. He or she then whines to the Attorney General about it. He looks it over (or doesn't, it's entirely his discretion), and dubs it illegal. The court then takes website A, the owner of website A, and whoever else they can link to website A, and removes all related content from the public eye. Let's make this into a real life example. Many users upload full-length movies on Youtube (in ten-fifteen minute increments) without the express consent of the producer. Obviously, Youtube is dedicated to infringing activities and by this process, it's gone. No questions asked.
I encourage you to read the rest of this horrid bill, but I will end my rant here. In all honesty, these few clauses I have mentioned are detestable enough to never let it see the light of day again.
Wanna help drive this abomination into the seventh plane of torment? You can! Call/write to your congressmen. They work for you, and are therefore expected to reflect what the majority of their constituents believe. Don't let them tell you otherwise (I had a rather unpleasant exchange with my senator, but that is for a different day).
These guys. Call them.
For more information, and an easy to fill out form that will contact your congressmen for you, go to stopcensorship.org. I have no affiliation with this or any other organization that I may have mentioned.

