Thursday, August 03, 2006

Y'all may have noticed that I like poker. Well our government is trying to kill it. HR411 sailed through the House and is now bogged down in the Senate. The bill basically extends the wire act to internet gambling, and also puts the burden on financial institutions to not allow money to be sent to online gambling companies and such. That's what they call an unfunded mandate. Actually I never heard that term before a few minutes ago, but I imagine it means the government is trying to pass a bill that will cause lots of companies to have to pay a lot of extra money. And it will cost a lot, because it's a HUGE job to track all that money. The US Chamber of Commerce has come out strongly against the bill, and the Senate doesn't seem like they want to pass it, so we may get off okay.

The worst part of the bill is that it has exceptions for online lotteries and horse racing. Isn't that hypocritical?

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