Feeds

E-sign act a victory for democracy, Clinton reckons

And the death of e-mail gobbledegook to boot

  • alert
  • submit to reddit

Next gen security for virtualised datacentres

US President Bill Clinton delivered a patriotic speech via the gimmick of a Web-cast to commemorate both the New Economy and Independence Day, during which he enthused with satisfaction over the blessings of e-commerce upon a grateful nation, as embodied in a piece of recently-signed legislation empowering the masses to sign contracts electronically, and so catapult themselves instantaneously into debt with only the click of a mouse.

"Yesterday I had the privilege of signing into law legislation that carries the spirit of the Founders' wisdom into the Information Age," the President said.

"The Electronic Signatures in Global and National Commerce Act, which passed with overwhelming support from both parties in both Houses [of Congress], will open up new frontiers of economic opportunity while protecting the rights of America's consumers."

America's Founding Fathers, Clinton observed, had wisely drafted the US Constitution to protect the sacrament of commerce. "In the very first article....they wrote that government shall make no law 'impairing the obligation of contracts.'"

James Madison, he recalled, had described that clause as "'a constitutional bulwark' in favour of personal security and private rights." Madison and the other Framers "understood that the right of individuals to enter into commercial contracts was fundamental, not just for economic growth, but for the preservation of Liberty itself."

"For eight years now, I have set forth a new vision of government and politics, one that marries our most enduring values to the demands of the new Information Age," the President boasted.

The White House has high hopes that the electronic signatures act will re-invigorate Democracy and safeguard the Rights of Man for generations to come by bringing consumerist behaviour on the Internet to a state of full maturity.

"This new law will give fresh momentum to what is already the longest economic expansion in our history -- an expansion driven largely by the phenomenal growth in information technologies, particularly the Internet, with its almost unlimited potential to expand [Americans'] opportunities and broaden their horizons," Clinton gushed.

Consumers "will have the power to decide if they want to receive notice and disclosures electronically. It will not be their responsibility, but the company's, to ensure that the data sent to a consumer can be read on the consumer's computer." And that, in turn, will mean the end of "e-mail attachments with gibberish inside," he predicted.

A bold prophesy to be sure; but if, by some improbable twist of fate it should turn out to be true, it will be nothing short of a miracle. ®

The essential guide to IT transformation

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
Founder (and internet passport fan) now says privacy is precious
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
Ex-IBM CEO John Akers dies at 79
An era disrupted by the advent of the PC
prev story

Whitepapers

5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up Big Data
Solving backup challenges and “protect everything from everywhere,” as we move into the era of big data management and the adoption of BYOD.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?