Some people have asked me about SOPA, or the "Stop Online Piracy Act." SOPA is a House bill that is the House's version of PROTECT-IP, a Senate bill.
If it passes, SOPA would be a disaster for technology companies. SOPA would allow the legacy content industries to use litigation to shut down any new technology they didn't like. A neutral analysis of the act is here. Other people have written about some of the many problems with the bill. EFF has several articles about the act, including this one, this one and this one. Techdirt has many articles about the act, including this comprehensive article, this article describing how the bill's supporters misstate what it would do, and this article discussing how SOPA would harm innovation. Here's a Techcrunch article about the bill.
There are several petitions opposing the act. I have signed two of them, one sponsored by the EFF and one on the whitehouse.gov website.
UPDATE: Here is Techdirt's even more comprehensive post about SOPA.