The reason Arnie came to that decision is that....

Yes he's a ROBOT... GIGO.

Here we see an actor / bodybuilder elected to one of the most senior positions in the US using the power of veto to kill what is clearly a much needed law, because it might inconvenience the private sector.

What do you do when your country is so clearly sick? Wake up USA, wake up.

This bill could have been easitly accomodated if it was managed properly.

Give a time schedule for compliance; but add to that a time frames dependant upon the size of the business.

So, any new application released within the next ~three-months, should be compliant.

Give six/nine-months to make existing products compliant (for large corps).

Give smaller companies 18-24-months to become compliant.

Bottom line, none of them need to retain creditcard details.

Those (like Amazon) that like to retain the Creditcard details for the sake of re-orders should be forced to follow strong Encryption regimes.

In Summary:

a) Either stop storing the creditcard data.

b) Or encrypt the shit out of it and wrap it in all other layers of security that the Financial Services institutions would be expected to.

The fewer laws, the more responsibility individuals must retain. And who wants that? Want to buy things without being tracked? Introducing this fabulous new concept - CASH.

No conscious politician would ever do anything to defend the regular working citizen at the cost of the corporations. It's that simple. It's called uncontrolled capitalism in a country that has given corporations more rights than people.

Just stay on your side of the oceans, and I'll be happy.

//Svein