Frank to introduce bill.....

[PokerBob]

i'm sure it'll die, but i love him anyway.

[TheProdigy]

Awesome,

Please please please let's have a miracle..

[pokerchap]

PARTY POKER COME HOME PLEAASEEEE

[Tarheel]

"Why anyone thinks it is any of my business why some adult wants to gamble is absolutely beyond me,' Frank told a community bankers group conference."

Amen to that!!

[LeapFrog]

Now is the time for action folks. Let's show some support for Frank's bill. Below is contact info from one of The Engineer's weekly action threads. Please write or call and try and convince family members/significant others/friends to do the same. Thanks again for your hard work Engineer [img]/images/graemlins/smile.gif[/img]

http://forumserver.twoplustwo.com/showfl...e=3#Post9946416

Contact Info:

House Committee on Financial Services

Majority (Democrats)
Rayburn House Office Building 2129
Washington, D.C. 20515
202-225-4247

Minority (Republicans)
Rayburn House Office Building B-371A
Washington, D.C. 20515
202-225-7502

----------------------------------------------

House Subcommittee on Financial Institutions and Consumer
Credit

Majority (Democrats)
Rayburn House Office Building 2129D
Washington, D.C. 20515
202-225-4247 (same as parent committee)

Minority (Republicans)
Rayburn House Office Building B-301C
Washington, D.C. 20515
202-225-2258

---------------------------------------------

Congressman Barney Frank
2252 Rayburn H.O.B.
Washington, DC 20515
(202) 225-5931


Congressman Ron Paul
203 Cannon House Office Building
Washington, DC 20515
Phone Number: (202) 225-2831

[CraigNY]

[ QUOTE ]
i'm sure it'll die, but i love him anyway.

[/ QUOTE ]
Another article, with some analysis of it's ability to pass.

Relevant quote: Andrew Parmentier, a senior policy analyst at Friedman Billings Ramsey, said he believes the bill will make headway.

"Absolutely there's a chance" for reform of the law, he said in a telephone interview.

In a research note on Tuesday, Parmentier said the bill could help boost gambling companies' shares.
"We believe this week's events, coupled with our belief that legislation will pass the House and receive serious considerations and bipartisan support in the Senate, are positive catalysts for content providers," he wrote.

Frank called the law, called the Unlawful Internet Gambling Enforcement Act, "a great mistake."

"I spend a lot of my time trying to protect people from other people who are going to treat them unfairly," Frank said in a speech before the Independent Community Bankers of America. "I have no energy left for protecting people from themselves."

[MiltonFriedman]

Frank plans a news conference to discuss the bill, titled the Internet Gambling Regulation and Enforcement Act of 2007, at 10 a.m. Thursday

I was told the bill will be posted on the Financial Services website tomorrow at 10:00am Eastern.

www.financialservices.house.gov (?)

[kickabuck]

Hey Berge, now that there is actually a bill put forth, any additional thoughts as to the substance of this bill and its reception on the Hill?

[jschaud]

could someone give me a quick best case scenario timeline on this?

Bill introduced in xx days.
bill passes house in xx days.
bill goes to senate in xx days.
bill goes to president in xx days.
i deposit monies to party poker in xx days.


sorry, im a total noob with this stuff and i hopeless optimist.

[Orlando Salazar]

Firstly, Frank was bribed and I love it. Rembember when he said he wouldn't go forward unless he felt there was strong support? I bet his swiss account is getting ALOT of support. As happy as I am, if this is successful, there will be many legal hurdles. If this passes, I am quite sure sites will have to apply for and go through a licensing process, much like that of FCC. Rakes maybe much higher and rakeback may be a thing of the past. I also think neteller will not come back.