Apparently, it irritates the de facto regime that no one will agree they are a constitutional government; remember, what is offered here is intended for signature by Zelaya's representatives, who thus would be included in the "we" agreeing that the present claimed Executive branch is legitimate:
New Proposal of the Commission of the President, Roberto Micheletti
We recognize the legitimacy of the constituted powers, Executive, Legislative, Judicial, and the Supreme Electoral Tribunal (TSE) for having been conformed according to Articles 202, 205 points 9 and 11 of the Constitution of the Republic.
Recognizing that the different parties intervening in this dialogue have proposed different instances of public power, on the one hand, the Supreme Court, on the other, the National Congress, to decide about the pretension of the citizen, José Manuel Zelaya Rosales, we propose that the parties exercise their constitutional rights to petition before whoever is appropriate for support of the processual guarantees that the State of law would establish.
The preceding implies a commitment by the parties to put an end to the situation in which the country lives, as a consequence of this accord the parties would remain obligated and commited to support the electoral process already underway to the effect that the same will be realized in an atmosphere of order, tranquility, and transparency, legitimacy and full participation by the Honduran electorate, as has been agreed in the point relative to general elections and the transfer of government in the present accord.
Translation: we will never admit that you are the constitutional President. We will never agree which body of government has authority to rescind the actions we took on June 28. We insist that you go along with our assertion that we are having a free election so that it will be recognized internationally. That's why we forced you to sign that point of the accord first. We are the legitimate President because we interpret the constitution as we see fit. Good luck with getting anyone to support your claim that your rights were violated, but feel free to bring it to anyone you want.
The claimed Constitutional basis for this latest "proposal" cites Articles 202 and 205. These citations illustrate the degree to which simply shouting "Constitution" has become an empty symbolic gesture for the de facto regime.
Article 202 simply defines the makeup of Congress.
Article 205 sets out the duties and powers of Congress. Number 9 cites the role of Congress in naming the commission that nominates Supreme Court Justices.
Article 205, number 11 simply notes that that Congress names the Supreme Electoral Tribunal.
Update 3:10 PM PDT: Rodil Rivera, a negotiator for Manuel Zelaya, says "leaving out a few paragraphs", the proposal is within the framework of the San Jose Accord and is therefore negotiable. "We have studied it, we've analyzed it and now we'll go consult with President Zelaya" he added.
Negotiations to resume at the Hotel Clarion at 5 pm Tegucigalpa time.