There’s also one other thing that should be considered. Quoting the Financial Times: “I am working on legislation to cut back on this Internet gambling thing,” the FT cited Frank as saying on its Web site, referring to last year’s law. “I think it’s preposterous,” and the law is one of the “stupidest” ever passed, the FT cited him as saying. “Maybe we can make some money off it,” he added.
Money makes the world go round and this attempt might have more backing that it would seem at first glance. This is how the government can get back in the race without having to admit fault of any kind by the Republicans and their Moral Agenda and the Democrats can come out of this as defenders of citizens rights and the government can tax the hell out of it as payment for sins.
I really wish I could read the complete Financial Times article. If anyone has a copy could you post it here? Don’t link to FT as its subscription only access.