. . . and then thank Barney Frank
You can lose thousands of dollars every week -- right from the privacy of your own home!
Thanks to the modern miracle of Internet gambling, you don't have to plan ahead for a trip to a casino far-far away! Just imagine the gambling convenience:
No need to plan ahead!
No pre-set spending limits!
No distraction from family members wanting to share your vacation time!
Temptation is always as close as your keyboard.
A new federal law was passed just last year that prevents this, limiting your abilty to lose large amounts of money quickly and easily. Thanks to Barney Frank, the Massachusetts Congressman who now chairs the House Financial Services Committee, that law may be undone.
If he succeeds, credit card companies and banks will once again be required to process payments of online gambling debts. Last year a new law gave you the right to refuse to pay online gambling debts financed through a credit card (just as you can protest improper bills). That's akin to many state laws that make illegal gambling debts unenforceable (which is why bookies have their own "enforcers").
Read more...Labels: Ernest Istook
Posted at 4/30/2007 08:52:00 AM
