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Old 04-27-2007, 09:54 PM
demon102 demon102 is offline
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Join Date: Sep 2006
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Default Has anyone read the bill by Barney Frank?

I just read a post by someone that claimed to have read the bill that is getting pushed by Barney Frank and they are saying that there is a lot of things in there that we wouldnt want to have in it. I was gonna read it myself but then I opened it and my mind just shut off.


Here's what they said.

You are being fooled by Barney Frank's misleading language. Nothing in this bill repeals the UIGEA, all it does is add more legislation. Here, read the whole act yourself: http://www.house.gov/apps/list/press...04_xml_(2).pdf
It repeals nothing. It is a hoax. This whole thing from the passing of the UIGEA, to the arrests of the Neteller founders has been about crippling the world wide gaming network so that the big cats in the US can take over. Expect to say goodbye to Full Tilt, hello MGM.com. You can also expect to pay taxes on each session, pay fees to the government for allowing you to play, and have the fat cats get fat while we pay for the cream. This is a typical political stunt. Like calling something the Patriot Act that takes away all of your liberties. Do not be fooled. This will not be good for any of us. We are better off as things are now.
Plenty of sites open, and none of them are under an obligation to turn over all of their customers records (one of the requirements of the new Act). Don't thank the fox for guarding us hens. It won't be good for us. Plus, any ewallets that agree to work with the new sites will have to agree to be subject to US jurisdiction and will have no chance to operate in the US with any unlicensed sites. Although I like your idea. Read the whole act. It is terrible.
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