Federal Communications Commission Chairman Julius Genachowski is putting together a net neutrality proposal and plans to take action on the controversial issue as early as next month, according to several sources with knowledge of the situation.

Details of the proposal being developed by Genachowski’s office are unclear, but sources say it could be similar to the deal stakeholders tried to reach with Rep. Henry Waxman (D-Calif.) earlier this fall.

"If rightsholders get their way, overseas pirate websites could soon be inaccessible to US users, lose their ability to process US credit cards, and be banned from Google Adwords. The Combating Online Infringement and Counterfeits Act is back this week in the US Senate."

This part is particularly ominous:

"A service provider, as that term is defined in section 512(k)(1) of title 17, United States Code, or other operator of a domain name system server shall take reasonable steps that will prevent a domain name from resolving to that domain name's Internet protocol address."

"Fighting homegrown terrorism by monitoring Internet communications is a civil liberties trade-off the U.S. government must make to beef up national security", the nation's homeland security chief said Friday. ---- What a buncha crap....

"The federal government would have “absolute power” to shut down the Internet under the terms of a new US Senate bill being pushed by Joe Lieberman, legislation which would hand the US President a figurative “kill switch” to seize control of the world wide web in response to a Homeland Security directive." --- Not sure how this is possible since the World Wide Web is.... you know... world wide. O_o

Library of Congress is archiving for posterity every public tweet made since the service went live back in 2006. Every. Single. Tweet.