True.
Within weeks of implementation of the regulatory apparatus legislated in this bill, there will be hundreds of falsified complaints against each and every political website under the Jurisdiciton of the United States of America. They don't even need to falsify the complaints -- all it takes is for somebody with a grudge or an agenda to upload infringing material (or even fair-use material which can be misrepresented as infringing), and voila! -- instant grounds to cut FR off the Net and prohibit any bank or other financial institution from processing donations to it.
My understanding is that any advertisers for the so-called pirated website may also be held liable & sued. This SOPA is very, very bad. And yes, I do think it’ll be the death of FreeRepublic