Silly person, you already don't own it, you simply have a license as it is. The problem is that it's not easy to track people who violate thsi license. With this new bill, the DRM will inable the RIAA to track you down because the "license numbers" will be unique. Heaven forbid a song that is licensed to you gets distributed on the net somehow. If it does, YOU will be given a bill for $100K+ due to lost earnings. You will have to confiscate all the music from your kids or else face this VERY REAL possibility.
Real easy solution, dont buy music. Plenty of things in life to do than be an audiophile IMO. If i want to listen to music I turn on the radio, or go out and listen to some live entertainment. Why go through heck to buy some cd that probably only has 1-2 decent songs out of 15 on it in the first place. Maybe its just me, someone who has never cared to watch American 'Idle' and could barely name 20 musicians out of the 1000s that have been around. Music is a great thing, but not worth having to go buy licenses to enrich these mostly liberal people. Let them keep their CDs.