UPDATE VII: Barack Obama got around to issuing a statement and — citing what he calls "the grave threats that we face" — he just announced that he supports this warrantless eavesdropping and telecom amnesty "compromise":
Given the grave threats that we face, our national security agencies must have the capability to gather intelligence and track down terrorists before they strike, while respecting the rule of law and the privacy and civil liberties of the American people. . . .
After months of negotiation, the House today passed a compromise that, while far from perfect, is a marked improvement over last year’s Protect America Act. . . It does, however, grant retroactive immunity, and I will work in the Senate to remove this provision so that we can seek full accountability for past offenses.
It is not all that I would want. But given the legitimate threats we face, providing effective intelligence collection tools with appropriate safeguards is too important to delay. So I support the compromise, but do so with a firm pledge that as President, I will carefully monitor the program, review the report by the Inspectors General, and work with the Congress to take any additional steps I deem necessary to protect the lives -– and the liberty –- of the American people.
Telling Americans that we have to give up basic constitutional rights — and allow rampant lawbreaking — if we want to save ourselves from "the grave threats we face" sounds awfully familiar. He says he will work to remove amnesty from the bill, but once that fails, will vote for the "compromise." Obama has obviously calculated that sacrificing the rule of law and the Fourth Amendment is a worthwhile price to pay to bolster his standing a tiny bit in a couple of swing states. The full Obama statement is here.