Well what's left of my mind can't quite figure it out.
Both of those switches are just routes to ground after the bulb. Power for the bulb comes from the same flasher that does turn signals so I don't think there is a switched/unswitched power involvement. Both tracks are switched power.
There is another wire attached to the parking brake switch cct. that goes to the seat belt warning module.
My best guess:
The line to the seat belt warning module signals that the parking brake is on and thus the seat belt warning doesn't need to scream. Right? You can sit in the car with the parking brake on and not get a seat belt buzzer until you take the brake off. Maybe the diode is there to so that the brake failure switch doesn't wind up disabling the seat belt warning the way the parking brake switch does. Lord knows you want your seatbelt on if your brakes have failed!
For those of you who want to play along ...
http://www.pelicanparts.com/914/parts/Elec...lectric_73C.jpgThe parking brake switch is #34 Top center of the diagram
The brake failure switch is #32 - just to the right of 34
The diode is #41 just above #32 and the tie to the seatbelt warning module is just to the left of the diode.
Seatbelt warning module is #67 - right edge of the diagram