While it's important to point out this inaccuracy, I don't understand the amount of attention in the debate given to whether SOPA affects foreign sites only or not. Would it make the bill any more acceptable if it were only to affect sites hosted outside the USA?
First, I think foreign-TLD sites are still what they mean by "foreign sites". This is significant when you consider that domestic-TLD sites are already in US jurisdiction even though the server may be foreign.<p>Secondly, saying "no American company will be affected" is exactly the kind of generalization required when talking in soundbites (what is required when talking on TV). You can call it a lie, but only if you acknowledge that nearly everyone on TV lies.