I don't know enough to know whether it's a good idea, though it would seem that they ask for a pittance compared to the banks, but I know that Lawrence Lessig is against it. This means two things:
1) The legislation is a bad idea.
2) It will pass.
Lessig might as well be the poster child for great workable ideas that will not implemented, or in this case the sentry warning of Bad Things that will not be challenged. Anyhoo, jump over there and read the Good Professor's take on the matter as well comments from auto industry
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