CISPA, kind of like SOPA/PIPA, but without the MPAA

In a Nutshell:
Facebook caught a lot of flack for supporting CISPA, something they’ll hopefully rescind in the face of user outrage. The legislation is another one of those things which starts with a good mission (communicating effectively about cyber attacks), but trusts the government with too many really broad powers. I’ll weigh in as opposing this for the lack of controls over personal information which can be freely handed over to the executive branch. In an age where photographers are being put on terrorist watch bulletins for covering new worthy events, we need to demand more narrowly constructed legislation which protects our freedoms while protecting us from our enemies.
More Information:
A great EFF article about this legislation: https://www.eff.org/deeplinks/2012/03/rogers-cybersecurity-bill-broad-enough-use-against-wikileaks-and-pirate-bay
PCMag’s perspective: http://www.pcmag.com/article2/0,2817,2403036,00.asp
Wiki Entry: http://en.wikipedia.org/wiki/Cyber_Intelligence_Sharing_and_Protection_Act
Facebook’s letter of support for CISPA: http://goo.gl/yWG25
Facebook’s explanation to users for it’s support of CISPA: https://www.facebook.com/notes/facebook-washington-dc/a-message-about-cispa/10150723305109455
List of Other major companies which have sent a letter of support for CISPA: http://intelligence.house.gov/hr-3523-letters-support
Updates:
CISPA passes the House: http://thenextweb.com/us/2012/04/27/the-house-passes-cispa-with-a-vote-of-248-to-168/
Obama Administration voices opposition to CISPA and recommends veto (unclear what Obama himself would do at this point): http://goo.gl/r1p29