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  #1  
Old 04-16-2007, 04:55 PM
mr_whomp mr_whomp is offline
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Default The Economist article about online gambling

This weeks issue of the economist had an interesting article about the WTO battle going on between the US and Antigua regarding online gaming.

WTO found in favor of Antigua (this is old news) however most people feel the US will not change their laws and the situation will remain as is.

However, apparently with the WTO win if the US does not comply then Antigua is allowed to pirate US software/music/movies according to the WTO rules. So the next step for legalization of gambling might ironically be to sell pirated copyright material.

Here's hoping Antigua follows through with the pirating and the movie/music industries raise hell in washington.
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  #2  
Old 04-16-2007, 05:07 PM
LotteryOrPoker LotteryOrPoker is offline
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Default Re: The Economist article about online gambling

The best thing that could happen to the United States economy is if the WTO or any other country did anything to force us to tighten our trade borders. Foreign countries benefit far more than the United States from free, uninhibited, open trade with us. All of the economic investment and opportunity you read about in China is because we opened up our trade barriers. We exported millions of jobs and gutted our middle class in order to benefit countries like China and we got NOTHING in return. No one is going to put economic pressure on the United States because they benefit so greatly from open trade with us. If Antigua tried something like that they would feel the wrath of every major industrialized country who is profiting from the destruction of the middle class in the United States.
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  #3  
Old 04-16-2007, 05:19 PM
MyTurn2Raise MyTurn2Raise is offline
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Default Re: The Economist article about online gambling

[ QUOTE ]
we got NOTHING in return.

[/ QUOTE ]
cheaper goods
better jobs
longer life
higher quality of life
among the many reasons your post is not right

the US exported manufacturing jobs
the US gained more white collar jobs
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  #4  
Old 04-16-2007, 05:34 PM
mr_whomp mr_whomp is offline
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Default Re: The Economist article about online gambling

lotteryOrpoker you need to read introductory microecon/macroecon textbooks and then come back to this thread when you are not retarded.
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  #5  
Old 04-16-2007, 05:41 PM
LotteryOrPoker LotteryOrPoker is offline
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Default Re: The Economist article about online gambling

[ QUOTE ]
lotteryOrpoker you need to read introductory microecon/macroecon textbooks and then come back to this thread when you are not retarded.

[/ QUOTE ]

Get passed the intro classes and you may figure out why you sound like a chump. We gutted our middle class and this country is just BEGINNING to feel the consequences.
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  #6  
Old 04-16-2007, 05:47 PM
LotteryOrPoker LotteryOrPoker is offline
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Default Re: The Economist article about online gambling

From 1993 to 2002 the United States lost a net total of 879,280 jobs to free trade. You can't justify anyway that does not negatively impact the economy in the US.
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  #7  
Old 04-16-2007, 08:15 PM
yahboohoo yahboohoo is offline
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Default Re: The Economist article about online gambling

[ QUOTE ]
LotteryOrPoker you need to...come back to this thread when you are not retarded.

[/ QUOTE ]
Poker will be legal -- online and everywhere else -- before this happens. I believe LotteryOrPoker's condition is, unfortunately, both chronic and terminal.
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  #8  
Old 04-16-2007, 09:00 PM
gonebroke2 gonebroke2 is offline
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Default Re: The Economist article about online gambling

[ QUOTE ]
lotteryOrpoker you need to read introductory microecon/macroecon textbooks and then come back to this thread when you are not retarded.

[/ QUOTE ]

lotteryOrpoker is the only guy making sense in this thread. Free trade is bad for the USA. Millions of high paying jobs have been lost to India and China. The only people who benefit from free trade are the corporations. The general population loses. Fair trade is the solution, not free trade. Tariffs need to be put on goods as well as services to stop the massive loss of jobs.
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  #9  
Old 04-16-2007, 09:10 PM
[Phill] [Phill] is offline
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Default Re: The Economist article about online gambling

[ QUOTE ]
[ QUOTE ]
lotteryOrpoker you need to read introductory microecon/macroecon textbooks and then come back to this thread when you are not retarded.

[/ QUOTE ]

lotteryOrpoker is the only guy making sense in this thread. Free trade is bad for the USA. Millions of high paying jobs have been lost to India and China. The only people who benefit from free trade are the corporations. The general population loses. Fair trade is the solution, not free trade. Tariffs need to be put on goods as well as services to stop the massive loss of jobs.

[/ QUOTE ]

http://www.youtube.com/watch?v=EJF5l...ed&search=
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  #10  
Old 04-16-2007, 10:05 PM
NewTeaBag NewTeaBag is offline
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Default Re: The Economist article about online gambling

[ QUOTE ]
lotteryOrpoker you need to read introductory microecon/macroecon textbooks and then come back to this thread when you are not retarded.

[/ QUOTE ]

Well done on managing a trollish, insulting, yet hyperaccurate post. This is such a rare breed of post to encapsulate all three styles.
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