While it’s great that barney frank doesn’t like it, it’s not likely george bush would sign legislation to repeal the law. If he vetos, it’s not likely 2/3 of the congress will vote to override. So it likely after the next election, before a repeal can happen. I imagine if the goal is let the banks off the hook, they could change some of the regulations to loosen up on banks.
As good as a repeal sounds, i can’t see politicians lined up to “repeal” a ban on internet gambling. Despite our outrage and that of players, there is no great protest movement pushing Congress to act. If they can’t agree on what to do in a war that 60-70% of the country wants out of, how are they going to get this changed.
Everyone knows what an optimist I am:sarcasm: ….so, I sure hope (for all of us) i’m wrong and this gets repealed soon.