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I'm sure it will be less than 6 months before congress realizes that they need to pass legislation contrary to the UIEGA. If it hasn't already happened, it will happen in a few weeks. I don't know how slow the process is and how much debate there will be as to whether there is a different approach that should be taken than the Frank and Wexler bills.
Of course, there is always a chance that they will try to push this off until after the 2008 election, but I didn't get this impression. These sanctions are serious. Also, they wouldn't mind getting some tax revenue that can be used to fund other bills.
Barry
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Barry,
I'm the person who put this video up (
http://www.youtube.com/watch?v=2HO7AQrsicM ), which you also put on your website (for which I'd like to thank you).
I'd like to urge you to have a listen to these two lectures from the Mises Institute, to understand the long history behind state regulation and their real purposes:
http://mises.org/multimedia/mp3/DiLo...iLorenzo-6.mp3
http://mises.org/multimedia/mp3/DiLo...iLorenzo-7.mp3
(from
http://mises.org/media.aspx?action=showname&ID=425 )
Regards,
Niels