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 ...
Yes internet gambling is the number one destroyer of families Jim. Far and away more dangerous then say, alcohol, which is far less of a risk to a college kid or his family. Yup Jim, I sure feel real safe now.
And I know that late some night you will attach a rider onto some important bill to ban alcohol which has to be next on your list.
Right Jim?
Jim?
How many more American families have been harmed by a runaway Congress without term limits and a permanent judiciary?
I don't gamble but, why exactly is the Federal involved in this?
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." -Manuel II Paleologus
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." -Manuel II Paleologus
It'll never last. As soon as American firms see British gambling sites making Billions they will put down the pressure.
It also seems strange that we are fighting a WoT to stop religious people forcing their rights and wrongs on the West and yet we do that ourselves.
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." -Manuel II Paleologus
Another step in the direction of:
"Everything that's not required is forbidden"
(For those not paying attention, we're closer to the end of this road than we think...)
Settle down, they don't vote now, and when they do vote, they'll be paying taxes so they'll vote for the GOP anyway.
Quoted for TRUTH.
God forbid informed adults are allowed to decide the course of our own lives.
" I don't understand why one is more bad than the other which still remains lawful"
I would be willing to bet, that if the government, state or local, were able to tax the earnings (as they do with the tribal casinos), both indvidually and business, that there would be far less of a problem with internet gambling.
Hmmmm. I wonder if it's the credit card companies that pushed this? Maybe too many people running up their credit card bills beyond their ability to pay and the companies were having to eat too much of the bad debt.
Internet Gambling has been illegal in the US prior to this legislation. This law stops US Banks from processing Credit Card charges to known offshore gambling sites.
LLS
To be honest, I am not American so don't really care.
I just think it's a bit backward and a blow on personal freedom, when American adults cannot live their lives like the rest of the free world because it offends other Americans who have different beliefs.
True...but gambling has always been regulated in the US....if its been allowed at all. Usually its in the hands of the states as a resource to prop up the state revenue. Since gambling can now be done internationally, the tax revenue man needs a piece of the action....you live in a socialist state, you should have thought of that one.
Is it anywhere near the number of underaged American male family members who have been touched by congressmen?
My first thought is that they haven't found a way to tax the winnings. Not sure.....but possibly their first step to taxing the WWW.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.