Barney Frank to push for repeal of online gambling ban.

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  • tblues2005
    SBR Hall of Famer
    • 07-30-06
    • 9235

    #1
    Barney Frank to push for repeal of online gambling ban.
    Hey guys check out this article I just found of what Barney Frank wants to do within the next month on online gambling.


  • tblues2005
    SBR Hall of Famer
    • 07-30-06
    • 9235

    #2
    I don't know how to edit it to only one link though. Sorry about this guys.
    Comment
    • tblues2005
      SBR Hall of Famer
      • 07-30-06
      • 9235

      #3
      On top of that the European Commission is taking this to the World Trade Organization also.

      Comment
      • katstale
        SBR MVP
        • 02-07-07
        • 3924

        #4
        No surprise at all that "Le Barney" was outraged when he heard that Anurag Dikshit was fined and threatened with jail time.

        pas possible!!
        Comment
        • TeamPlayer
          SBR Wise Guy
          • 05-19-08
          • 634

          #5
          Thanks for the link, Tblues2005!!

          Every day without the nazis....I mean Republicans, in power is a great day
          Comment
          • tblues2005
            SBR Hall of Famer
            • 07-30-06
            • 9235

            #6
            Your right TeamPlayer without the Republicans the things are starting to get better. I did hear over the weekend that Barney Frank is going to come up with some type of plan to where this can be legal once again for companies to operate in the US and then the US government will be able to make some tax revenue on this. I do think that they should because it is already happening anyway and it is a great chance for them to make some more tax revenue since the budget right now is in debt and sooner or later they will have to deal with this. The Republicans are not going to be happy about this and I say who cares about them anyway. They are the ones that messed up our country here and they don't deserve to be in power for a very long time.
            Comment
            • curious
              Restricted User
              • 07-20-07
              • 9093

              #7
              The European Union and the World Trade Organization can go **** themselves. We should bring all our troops in Europe home and tell the Europeans when the Russians start getting frisky again we hope everything works out for them.

              We saved the mother ****ers from the Germans twice and the Russians for 45 years and the thanks we get is being ****ed with over ridiculous trade issues?

              **** those goddam pussies. Let them fight their own ****ing wars from now on.
              Comment
              • Santo
                SBR MVP
                • 09-08-05
                • 2957

                #8
                I see Curious is going for the "Stereotypical American" post of the day
                Comment
                • JC
                  SBR Sharp
                  • 08-23-05
                  • 481

                  #9
                  Originally posted by curious
                  The European Union and the World Trade Organization can go **** themselves. We should bring all our troops in Europe home and tell the Europeans when the Russians start getting frisky again we hope everything works out for them.

                  We saved the mother ****ers from the Germans twice and the Russians for 45 years and the thanks we get is being ****ed with over ridiculous trade issues?

                  **** those goddam pussies. Let them fight their own ****ing wars from now on.
                  Nobody put a gun to the US's head and made them sign and ratify the WTO treaties. But they did, and they should honor their word.
                  Comment
                  • tblues2005
                    SBR Hall of Famer
                    • 07-30-06
                    • 9235

                    #10
                    Your right JC they should honor their word and the Bush Administration did not honor their word. Thank goodness Bush is gone and now this needs to be done.
                    Comment
                    • Reggie Dunlop
                      SBR High Roller
                      • 01-01-09
                      • 180

                      #11
                      They need to make it like the UK and Ireland: no taxes on gambling winnings. Let the bookmakers set up shop here in the US. That would create a big industry and a lot of jobs.
                      Comment
                      • curious
                        Restricted User
                        • 07-20-07
                        • 9093

                        #12
                        Originally posted by JC
                        Nobody put a gun to the US's head and made them sign and ratify the WTO treaties. But they did, and they should honor their word.
                        Just like the other WTO signatories honor theirs? Say hello to Alice and the Easter Bunny for me.

                        We should tear up those treaties and get out of the WTO.
                        Comment
                        • curious
                          Restricted User
                          • 07-20-07
                          • 9093

                          #13
                          Originally posted by Santo
                          I see Curious is going for the "Stereotypical American" post of the day
                          Yes, I am quite stereotypical. I am very conformist in all ways.
                          Comment
                          • JC
                            SBR Sharp
                            • 08-23-05
                            • 481

                            #14
                            Originally posted by curious
                            Just like the other WTO signatories honor theirs? Say hello to Alice and the Easter Bunny for me.

                            We should tear up those treaties and get out of the WTO.
                            Nobody is stopping the US from bringing cases if others are not honoring their commitments.

                            Pulling out of the WTO is a legitimate course of action, but the US won't do it. They want to pick and choose which decisions they honor and which ones they don't. The US doesn't have the will to pull out of the WTO because at the end of the day they get more out of it than it costs them.

                            So, until they do pull out of the WTO, don't you think the US should honor its word?
                            Comment
                            • curious
                              Restricted User
                              • 07-20-07
                              • 9093

                              #15
                              Originally posted by JC
                              Nobody is stopping the US from bringing cases if others are not honoring their commitments.

                              Pulling out of the WTO is a legitimate course of action, but the US won't do it. They want to pick and choose which decisions they honor and which ones they don't. The US doesn't have the will to pull out of the WTO because at the end of the day they get more out of it than it costs them.

                              So, until they do pull out of the WTO, don't you think the US should honor its word?
                              Well, see that is a problem. The will is lacking because our so-called leaders are traitors and cowards who sold the American people out in exchange for bribes. The US does not get more out of WTO than it costs us.

                              No, I don't think we are obligated to honor treaties that were negotiated and signed by traitors who were bribed into supporting them.
                              Comment
                              • cinpls081
                                SBR Wise Guy
                                • 05-09-08
                                • 655

                                #16
                                Originally posted by tblues2005
                                Your right TeamPlayer without the Republicans the things are starting to get better. I did hear over the weekend that Barney Frank is going to come up with some type of plan to where this can be legal once again for companies to operate in the US and then the US government will be able to make some tax revenue on this. I do think that they should because it is already happening anyway and it is a great chance for them to make some more tax revenue since the budget right now is in debt and sooner or later they will have to deal with this. The Republicans are not going to be happy about this and I say who cares about them anyway. They are the ones that messed up our country here and they don't deserve to be in power for a very long time.

                                Dude the dow is down 2800 points since election day. I'm a democrat but Getting better? Barny Frank is the one that got us into this mess he should be in jail. He is a fat slob that is running our country into the ground. This fool doesn't know HOW TO TURN ON A COMPUTER.
                                Comment
                                • marcoforte
                                  SBR High Roller
                                  • 08-10-08
                                  • 140

                                  #17
                                  It's time to legalize this mess and tax it. For the winners, they wouldn't have to worry about being paid. For the losers, you could write it off your income to a certain limit like your losses in the market.
                                  Comment
                                  • cinpls081
                                    SBR Wise Guy
                                    • 05-09-08
                                    • 655

                                    #18
                                    I prefer it to be a gray area. You can and should still pay taxes if you are a winner.
                                    Comment
                                    • TeamPlayer
                                      SBR Wise Guy
                                      • 05-19-08
                                      • 634

                                      #19
                                      curious,

                                      regarding russia, it's the U.S. that is stoking the flames of war:

                                      How would you like it if Russia signed a military alliance with all the countries of South America and also Mexico which was directed against the United States?

                                      And then they began to put up missile defense shield in Venezuela?

                                      And they they ecounraged the president of mexico to start an armed conflict with California.

                                      And when the U.S. would complain, russia would say Fu** Y*u, we're the good guys, we can do whatever we want!

                                      Well, that is exactly what the U.S. has done regarding NATO expansion up to Russia's borders and encouraging idiots such as the leader of Georgia to start a conflict with Russia. And bribing the czech republic and poland to accept a missile defense shield.


                                      Please stop watching Fox News
                                      Comment
                                      • WileOut
                                        SBR MVP
                                        • 02-04-07
                                        • 3844

                                        #20
                                        Hopefully the UIGEA is overturned and then they forget about online gambling. I don't want anything regulated. If they do regulate, there will be heavy taxes on poker winnings and online sports betting could come under more intense scrutiny.

                                        In a perfect world they would get rid of the UIGEA and all other anti sports gambling laws and let the free GLOBAL market take over the industry. But that wouldn't be the case. The governments, federal and state, would tax the living hell out of it and put unnecessary restrictions on things.

                                        If however they legalize and regulate just poker and that somehow enables easier payments to and from sportsbooks, that would be great, but I don't know if that would be the case. Would legalization of poker make it easier or harder for online sportsbooks? I don't know. That is why I am pulling for a repeal of the UIGEA and nothing else.

                                        But its all about money and a repeal of the UIGEA is likely the first step to some sort of massive taxation of the online poker sites. I don't play poker online much so this would be ok if it made online sportsbook funding easier. But like I said before it may make it harder. I don't know.
                                        Comment
                                        • curious
                                          Restricted User
                                          • 07-20-07
                                          • 9093

                                          #21
                                          Originally posted by TeamPlayer
                                          curious,

                                          regarding russia, it's the U.S. that is stoking the flames of war:

                                          How would you like it if Russia signed a military alliance with all the countries of South America and also Mexico which was directed against the United States?

                                          And then they began to put up missile defense shield in Venezuela?

                                          And they they ecounraged the president of mexico to start an armed conflict with California.

                                          And when the U.S. would complain, russia would say Fu** Y*u, we're the good guys, we can do whatever we want!

                                          Well, that is exactly what the U.S. has done regarding NATO expansion up to Russia's borders and encouraging idiots such as the leader of Georgia to start a conflict with Russia. And bribing the czech republic and poland to accept a missile defense shield.


                                          Please stop watching Fox News
                                          I don't watch Fox news.

                                          Russia brought this on themselves for being a belligerent for, what, 200 years?

                                          You don't think the NATO pact countries, former Soviet Empire countries, and former Warsaw pact countries have sound reasons for wanting to belong to a security organization that will protect them from the Russian Empire? The fact that Russia doesn't like that these countries are protecting themselves should tell you something about their intentions.

                                          Your analogy is irrelevant because the situations are totally different. The former Warsaw pact and former Soviet Empire countries have legitimate security concerns vis-a-vis the Russian Empire. This is why they want to be part of NATO.

                                          So, the options you present are, that US turn their back on their allies and countries that are looking to the US for protection and what? Just hand these countries back over to the Russian Empire?

                                          The US did not start the war in Georgia. Russia started that war by sending troops into the two breakaway provinces. Georgia struck first in an attempt to save themselves from what they knew would be next.

                                          The US intervened when it became obvious that Russia intended to conquer Georgia. We send 3,500 troops and put them on the south side of that highway that runs east/west and told Russia, if you cross this road you are at war with the US. That is why the Russians withdrew.
                                          Comment
                                          • ByeShea
                                            SBR Hall of Famer
                                            • 06-30-08
                                            • 8105

                                            #22
                                            What effect would this have on off shore books?

                                            In a bizarre way, they would be against it right? Because none of these folks, I suppose, can compete against Harrah's, etc. - if those guys can get the nod for online books.
                                            Comment
                                            • ByeShea
                                              SBR Hall of Famer
                                              • 06-30-08
                                              • 8105

                                              #23
                                              What effect would this have on off shore books? Could they be against this?

                                              Because none of these folks, I suppose, can compete against Harrah's, etc. - if those casinos get the nod for online books.
                                              Comment
                                              • trixtrix
                                                Restricted User
                                                • 04-13-06
                                                • 1897

                                                #24
                                                prohibition can't last, we all know this.

                                                the smart money at the beginning was never that internet gambling will FOREVER be stopped at the border, but just how long online gamblers must endure before the imminent regulation
                                                Comment
                                                • WileOut
                                                  SBR MVP
                                                  • 02-04-07
                                                  • 3844

                                                  #25
                                                  Originally posted by ByeShea
                                                  What effect would this have on off shore books?

                                                  In a bizarre way, they would be against it right? Because none of these folks, I suppose, can compete against Harrah's, etc. - if those guys can get the nod for online books.
                                                  Online sports betting will never be legalized because of the Wire Act. If they undo the wire act and the other anti sports gambling laws then its a possibility but that is almost surely never going to happen.

                                                  Online poker may be legalized though.

                                                  Like I said I hope they get rid of the UIGEA, that will be enough for me. But I think if they do undo the UIGEA then they will regulate online poker.
                                                  Comment
                                                  • Jamie_UK
                                                    SBR MVP
                                                    • 01-12-07
                                                    • 1103

                                                    #26
                                                    Originally posted by curious

                                                    We saved the mother ****ers from the Germans twice and the Russians for 45 years and the thanks we get is being ****ed with over ridiculous trade issues?

                                                    **** those goddam pussies. Let them fight their own ****ing wars from now on.

                                                    lol or put another way

                                                    The party was due to end at 3am , America turned up at 2am and helped with the clearing up, since then they have been crowing about how they were the life and soul of the party!
                                                    Comment
                                                    • TeamPlayer
                                                      SBR Wise Guy
                                                      • 05-19-08
                                                      • 634

                                                      #27
                                                      Originally posted by Jamie_UK
                                                      lol or put another way




                                                      Jamie_UK,

                                                      your post is equally as ignorant as Curious' posting. The U.S. did save your ass from the Germans during World War II because your leader Chamberlian was a panzy-ass who tried to "appease" Hitler until he was on your doorstep.

                                                      The real reason you Brits love to belittle America's involvement in WWII is because you are bitter about losing your empire as a result of the war.
                                                      Comment
                                                      • reno cool
                                                        SBR MVP
                                                        • 07-02-08
                                                        • 3567

                                                        #28
                                                        Originally posted by Jamie_UK
                                                        lol or put another way

                                                        The party was due to end at 3am , America turned up at 2am and helped with the clearing up, since then they have been crowing about how they were the life and soul of the party!


                                                        this is exactly right.

                                                        Germany invades Poland 1939
                                                        Germany invades USSR 1941
                                                        Battle of Stalingrad late 1942....turning point of war
                                                        US lands at Normandy 1944
                                                        bird bird da bird's da word
                                                        Comment
                                                        • simmmy
                                                          SBR Hustler
                                                          • 05-27-08
                                                          • 96

                                                          #29
                                                          Originally posted by TeamPlayer
                                                          Jamie_UK,

                                                          your post is equally as ignorant as Curious' posting. The U.S. did save your ass from the Germans during World War II because your leader Chamberlian was a panzy-ass who tried to "appease" Hitler until he was on your doorstep.

                                                          The real reason you Brits love to belittle America's involvement in WWII is because you are bitter about losing your empire as a result of the war.
                                                          Chamberlian needed to "appease" Hitler at the time, Britain was not set up for war like wise with the rest of Europe at the time. This bought valuable time to arm.

                                                          We lost the empire during the 1st world war when the US sold weapons to both Britain and Germany thus backrupting the UK leading to it not beng able to support the Empire financially.
                                                          Comment
                                                          • curious
                                                            Restricted User
                                                            • 07-20-07
                                                            • 9093

                                                            #30
                                                            Originally posted by simmmy
                                                            Chamberlian needed to "appease" Hitler at the time, Britain was not set up for war like wise with the rest of Europe at the time. This bought valuable time to arm.

                                                            We lost the empire during the 1st world war when the US sold weapons to both Britain and Germany thus backrupting the UK leading to it not beng able to support the Empire financially.
                                                            Arm to do what? Invade Europe on your own?

                                                            Then, after the Soviets rolled over the Germans and stopped at the Channel, then what? What were you going to do all alone then?
                                                            Comment
                                                            • curious
                                                              Restricted User
                                                              • 07-20-07
                                                              • 9093

                                                              #31
                                                              Originally posted by reno cool
                                                              this is exactly right.

                                                              Germany invades Poland 1939
                                                              Germany invades USSR 1941
                                                              Battle of Stalingrad late 1942....turning point of war
                                                              US lands at Normandy 1944
                                                              Yes, but if the 200,000 German troops that were sent to Tunisia (because of the American landings in Algeria and Morocco) had been sent to Stalingrad instead, Manstein would have succeeded in his counter attack and would have rolled up 1 million Russian troops. Manstein almost succeeded without those troops.

                                                              And if the Germans had not had to tie down large numbers of troops on the French coast, in North Africa, Italy, and Greece ready to repel an AMERICAN led invasion, things would have turned out different in the critical battles in Russia in late 42.

                                                              I agree that the Soviets would have conquered Germany even without the DDay landings, but the threat of the landings tying down large numbers of German troops in western France was a critical component of their ability to do that.

                                                              That then raises another problem for the Brits going it alone. Without the US involvement, the Soviets roll over the Germans, but they would not have stopped until they reached the English Channel. Then what? What does Britain do then? And the Soviets would have captured the German's nuclear and rocket facilities instead of the Americans. So, in two or three years the Soviets have nuclear weapons and rockets with which to launch them.

                                                              Britain would have joined the Soviet Empire willingly or not.
                                                              Comment
                                                              • curious
                                                                Restricted User
                                                                • 07-20-07
                                                                • 9093

                                                                #32
                                                                Originally posted by TeamPlayer
                                                                Jamie_UK,

                                                                your post is equally as ignorant as Curious' posting. The U.S. did save your ass from the Germans during World War II because your leader Chamberlian was a panzy-ass who tried to "appease" Hitler until he was on your doorstep.

                                                                The real reason you Brits love to belittle America's involvement in WWII is because you are bitter about losing your empire as a result of the war.
                                                                So you are saying that the US did not save Europe from the Germans twice and the Soviet Empire for 40+ years? Is that why my post is "ignorant"?
                                                                Comment
                                                                • Jamie_UK
                                                                  SBR MVP
                                                                  • 01-12-07
                                                                  • 1103

                                                                  #33
                                                                  USA did **** all in WW2 everyone knows that, stop dreaming curious
                                                                  Comment
                                                                  • curious
                                                                    Restricted User
                                                                    • 07-20-07
                                                                    • 9093

                                                                    #34
                                                                    Originally posted by Jamie_UK
                                                                    USA did **** all in WW2 everyone knows that, stop dreaming curious
                                                                    Yeah, we didn't do anything.

                                                                    We should cut you mother ****ers off and send you a post card the next time the Russians get frisky.
                                                                    Comment
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