Skip to comments.Bush to sign bill to prevent Internet gambling
Posted on 10/03/2006 2:52:04 AM PDT by baystaterebel
US President George W. Bush this week is expected to sign a bill making it harder to place bets on the Internet, a practice which already is illegal in the United States. Bush was expected to act quickly after Congress approved the Unlawful Internet Gambling Enforcement Act making it illegal for financial institutions and credit card companies to process payments to settle Internet bets. It also created stiff penalties for online wagers.
Billions of dollars are wagered online each year and the United States is considered the biggest market.
"It is extraordinary how many American families have been touched by large losses from Internet gambling," said US Representative Jim Leach, the bill's main sponsor in the House, in a statement after its passage early Saturday.
The bill's chief Senate sponsor was conservative Republican Jon Kyl, who, like Leach, has said he believed Internet gambling was a moral threat. He has called online betting as the Internet version of crack cocaine.
(Excerpt) Read more at breitbart.com ...
The government's real interest is in collecting the taxes that the internet gamblers aren't paying. It's always the money.
It is not about tax. It is a sop to the mid-term elections because it is a vote-winner for many on the Christian-right.
It will not last much beyond that.
Welcome to the Republican Party. We're Democrats with Bibles.
That's a tagline waiting to happen!
The cynic in me says this is an attempt to protect our domestic gambling industry from foreign competition. But I'm sure there will now be a move to eliminate it as well because, obviously, the only agenda here is to protect the American family from the potential devastation of gambling. /s
Maybe I am wrong, but the Republican Party always seemed the realists to me - bible in hand or not.
You cannot un-invent the modern world. Gambling shops and casinos have been in UK high streets since the sixties, without armaggeddon.
You would think they could find something more useful to do with their time than this! Personal responsibility is what should govern gambling!!
A foolish man will be seperated from his money soon...
We have a left wing government but we are not a Socialist State you make Britain sound like the old Eastern Block.
We have a free market economy in fact as far as gambling is concerned for the ordinary person much freer with betting shops in most towns.
Yep! And when they sit at a table with me thats exactly what happens.
Many who do not poker or know little about it think it is purely a game of chance. If you were only to be dealt one hand and bet it all on the outcome you would be correct.
But that is not how it works.
As they say, the more I practice the luckier I get.
Why should I have to go to a friggin' Indian reservation when I have a computer right here in my house?
(""It is extraordinary how many American families have been touched by large losses from Internet gambling," said US Representative Jim Leach........." )
How about large losses families suffer of sending an 18 year old warriors to get,blinded,maimed,crippled and/or killed playing social worker for a war they have no idea how to get out of?
Instead these stupid bastards will now pay 2 FBI guys a 150K a year to spy on some slob making a 25 dollar football bet on Sunday.
What these clueless fascist frauds like Frist,Kyle Leach et al. did do is open up a new/old market of brick and mortar street books.
Here a tip for ya, Frist and frauds,get off the phone with that 14 year old and call up your book and take the Dodgers +130 against the Mets.....you'll need the money when your in the unemployment line when you and your righteous hypocrates get voted out of office.
Will Bush stop me from 'gambling' in the stock market over the internet, too?
(have been touched by large losses from Internet gambling,
I know a woman who has a 5 figure credit card debt , quite a bit from clothes but mostly from shoes .)
How about large losses from credit card companies intrest they charge from going from 6% intrest to 15% interest in fine print that these politicians say they can't control from these loan shark credit card companies.Its funny the politicians don't try to protect my money then.
I don't think most of the "religious right" gives a rip about this. It isn't in their top 5 anyway.
one thing this dufus government found out -
How easy it is for terrorists and other goverments to
launder money. And our banks are willing accomplices to
allow anyone to do large transactions without them knowing
the trail of money-