Do you oppose or support the Cybersecurity Act of 2009(S773)

http://www.govtrack.us/congress/bill.xpd?bill=s111-773

A bill to ensure the continued free flow of commerce within the United States and with its global trading partners through secure cyber communications, to provide for the continued development and exploitation of the Internet and intranet communications for such purposes, to provide for the development of a cadre of information technology specialists to improve and maintain effective cybersecurity defenses against disruption, and for other purposes.

This is where it gets fishy.
Sec.18 The President:
(2) may declare a cybersecurity emergency and order the limitation or shutdown of Internet traffic to and from any compromised Federal Government or United States critical infrastructure information system or network;

If there is any kind of emergency. I do not want to depend on corporate media to tell me what is going on, I want to see and hear first-hand experiences on youtube,etc.

How do you guys feel about this legislation?