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Old 10-18-2007, 09:11 PM
Todd Terry Todd Terry is offline
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Join Date: Apr 2006
Location: The Bellagio
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Default Re: PPA has released its UIGEA regulations comment talking points

Does anyone with a law degree or legislative/regulatory background believe that the Treasury Department has the right to define unlawful Internet gambling, presumably by analyzing the substantive federal (and state, which is part of the talking points) laws on gambling (which of course have nothing to do with banking), in implementing legislation (the UIGEA) which explicitly stated that its purpose was not to define unlawful Internet gambling? If so, who are they and can they point to an analogous situation where something remotely similar has ever occurred in the history of the United States? IMO it simply can't happen, setting aside the question of why we would want it to.
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