VIDEO at the link below
BUSH: Second, the House bill
fails to provide liability protection to companies believed to have assisted in protecting and assisting our nation after 9/11 attacks. Instead, the House bill would make matters even worse by allowing litigation to continue for years. In fact, House leaders simply adopted the position that class action trial lawyers are taking in the multi-billion dollar lawsuits they have filed.
This litigation would undermine the private sector’s willingness to cooperate with the intelligence community. Cooperation that is absolutely essential to protecting our country from harm. This litigation would require the disclosure of state secrets that could lead to the public release of highly classified information that our enemies could use against us. and this litigation would be unfair.
Because any companies that assisted us after 9/11 were assured by our government that their cooperation was legal and necessary. Companies that may have helped us save lives should be thanked for their patriotic service, not subjected to billion-dollar lawsuits that would make them less willing to help in the future.
The House bill may be good for class action trial lawyers, but it would be terrible for the United States.
http://thinkprogress.org/2008/03/13/bush-thank-telecoms/