The only problem I have with this report is that it was published first by NewsMax . . . Why did this report not appear first in a major, recognized newspaper? There are many major conservative media papers on both coasts and all across the mid-west. Let hope that this story grows long legs and runs and runs.
His proposal was posted on the official John Kerry website linked in the NRO article.
This began with the proposal. First mention of the loophole was in http://www.techcentralstation.com/041504C.html
Then....I am not sure what happened in between, but then it just hit National Review Online, at which point Newsmax picked it up.
It has legitimacy, as it is not a Newsmax-only piece.