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Old 07-06-2007, 09:35 AM
TheEngineer TheEngineer is offline
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Join Date: Apr 2005
Location: USA
Posts: 2,730
Default Re: is barney frank jeopardizing his own online gambling bill?

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Actually I think G911 got the story from I Gaming News who reported it on July 3.

http://www.igamingbusiness.com/artic...rticleID=14030

obg

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It's an odd article. There is one bill that provides for a housing trust. It's a pet project of Rep. Frank. And, of course, there's a separate bill for us. It's hard to see how the article author merged the two. After all, the housing trust is clear in that it's primarily funded by the Federal Home Loan Mortgage Corporation (FHLMC) and the Federal National Mortgage Association (FNMA). It's right there in the legislation.

Anyway, it's a bogus story, so we won't have to worry about it. He's been very careful with this bill, so I'd have been surprised if he did anything boneheaded with it. Pay-go does offer us a good chance to get it through. I guess we'll see where it goes at the upcoming hearing.