Another brilliant example of our government at work: Banks: Planned Net-gambling curb could disrupt e-commerce
The 2006 law forces banks and other financial intermediaries to police money flows that could be related to Internet gambling. It never received a formal up or down vote in the entire Congress; instead, Republican congressional leaders simply glued it on to an unrelated port security bill that was approved nearly unanimously.
Got to love the largely libertarian Ron Paul. I wish more of our politicians thought about things this way:
Rep. Ron Paul, the libertarian-minded Republican candidate for president, said that could lead to more Internet regulation: “Though I do not endorse gambling per se, people should make their own decisions. It’s a personal choice. I’ve always been concerned about this type of regulation and legislation–it’s likely to open the door (to control and regulation) of the Internet itself.”
And, the one issue I agree with Barney Frank on:
Rep. Barney Frank, the Democratic chairman of the full House Financial Services Committee, used the chance to talk up his bill that would effectively legalize–but closely regulate, including with criminal background checks and financial disclosure–the online gambling industry.
Why can’t we have a govenment that acknowledges personal responsibility?