I DON'T KNOW HOW MANY OF YOU KEEP UP WITH THE "FIGHT" for our freedom to spend our money online how we choose...... But we have been waiting, hoping & praying that the hearing held on June 25,2008 was going to be the first step (of many) in "GAINING" our rights back to do just that!!!!
Unfortunately, I just read the following:
Internet Gambling Bill Shot Down
The House Financial Services Committee rejected a bill Wednesday that would have prohibited the Treasury Department and the Federal Reserve from proposing and implementing regulations to enforce the Unlawful Internet Gambling Enforcement Act.
Spearheaded by Congressmen Frank and Ron Paul, (H.R. 5767) would prohibit the Department of the Treasury and Federal Reserve System from proposing, prescribing or implementing any regulations related to the current ban on internet gambling. Frank's bill, however, must be passed in the House and the Senate before the end of this year. That may seem like plenty of time to the uninformed but for anyone inside Washington, it's common knowledge that the Congressional calendar varies greatly from everyone else's. In other words, six remaining months barely translate into two remaining Congressional months.
H.R. 5767 essentially would serve to prohibit the Secretary of the Treasury and Federal Reserve System from implementing any regulations as they relate to the Unlawful Internet Gaming Enforcement Act, which deems many forms of online gambling illegal.
The defeat is a blow to both the online gambling industry, which has been looking for ways to repeal the UIGEA, and the banking industry, which wants no part in trying to regulate the online gaming industry.
Originally published June 25, 2008 5:41 pm EST
Thanks CC For Letting me get this off my chest.....Grrrrrrrrrrr!!!!
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