"The politicos said that the country's current Regulation of Investigatory Powers Act 2000 (RIPA) already had the necessary safeguards in place to address the privacy flaws found in the European Union's Data Retention Directive."
Like the "safeguards" which allowed local councils all over the country to send out undercover jobsworths to spy upon and film people just to check if they were in the catchment area of schools to which they'd sought access for their kids, or to identify if their mutt had crapped on a verge?
Yes, dog mess is antisocial, but the glee with which these (generally unelected) arseholes rushed out to play at James Bond or Spooks shows how dangerous it is to give any more power to politicos.
You never know who'll end up (mis)using it. Misuse of power is as certain as death and taxes.