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Reply To: UIGEA news!!!!!!!!!!!!

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#730887
Anonymous
Inactive
Poker Dude wrote:
Do you think that Bush would sign any legislation that further defaces his Republican brethren ? I don’t think so. Guys, the damage has been done, and the only way this thing gets repealed, is if there is a plan in place to tax this industry. As stupid as the Republicans have looked in this administration, there is no way that they would want to look even more stupid, by repealing a Rebpublican-created law that just got passes (regardless of the method by which it got passed). We (myself included) all missed the boat for protesting and lobbying. Most thought this would never happen. Guess what, it did. Face the music. The industry has taken a major hit, and it is doubtful that it will ever fully recover. We had our chances, and just sat on our hands counting our chips. This is nice news to hear, but in my eyes, it is inconseqeuntial at this point. The best that can happen, IMO, is that we somehow get our NETeller funds back.

So you think that online gambling will never be legal in the USA again?

Bush doesn’t have a line item veto. If a repeal can be attached as a rider to an important piece of legislation, he’ll sign it.

We all didn’t sit on our hands. I emailed and faxed Bill Frist who was my Senator, and gave money to campaigns to try to oust the movers and shakers behind UIGEA, through ActBlue. The twoplustwo legislation forum was my first stop every morning for months leading up to passage. There is a mod there and another poster who actually work on capitol hill and kept us all up to date on daily happenings.

UIGEA didn’t happen in a day. Goodlatte, Kyl and Leach have been working to push anti online gambling laws through for years. It was just the perfect storm in ’06 with Bill Frist running the Senate and other factors.

Most folks agree that UIGEA will go the way of liquor prohibition. Prohibition fails and is replaced by regulation. Step one = someone has to sponsor a bill to repeal. If you’d told me we’d already be on step one a mere 6 months or so after the UIGEA was passed, I woulda laughed.

This is great news. Getting Neteller funds unlocked is a side show compared to this. As far as that goes, the more important event for neteller funds is what happens on the 16th of March. If charges are dropped against the two Neteller founders, then :woohoo:

Guys, the damage has been done, and the only way this thing gets repealed, is if there is a plan in place to tax this industry.

Absolutely correct. Tax the industry = regulation. I’d lay any kind of money that along with a repeal bill you’ll see a “regulation study” bill.

Barney Frank isn’t the second coming, but if he goes through with this bill, maybe one day we’ll be able to look back at the neteller fiasco as the high water mark of our troubles and the Barney Frank bill as the point our problems began to recede.

Who knows… time will tell.