http://www.thisismoney.co.uk/investing- ... page_id=23

a couple threads on the above over at 4 too.

"Brave buyers piled in amid reports that veteran Congressman Barney Frank, Democrat chairman of the House Financial Services Committee, wants to repeal the gambling ruling and has called for a two-year amnesty. Last March, Frank said: 'Adults are entitled to do with their money what they want to do.' "



COME ON BABY.....ONE TIME!!!!

well if somehow this rumor became reality; you can thank the democrats and voters ! Barney Frank is the finance committee chairman because of the democrats winning the last mid-term. I know I somewhere made reference to this point on BTP, on the days running up to the election.

The House will not be the problem , it will be the Senate. In the House, the Majority party has much more power than the Senate. If Frank pushes it through to committee, it would pass the House, as most democrats would not want to make the Finance Committee Chair angry when then need their own money for their districts. In the Senate, however, it only takes one Senator, like Diane Feinstein (D) of CA, whose was passionately in favor of this on "moral" grounds, to gum up the works with a filibuster (I don't think their would be enough votes to end a filibuster, 60 are need, and I doubt enough Republicans would come over). The only way I see this working is if the House passes it, and then Harry Reid pulls a Frist...attaching it to some other piece of legislation that no one is willing to spend policitical capital to hold it up, and something that the President could not veto without shooting himself severely in the foot.

Of course IF something good should actually come out of this. There's still the pesky problem of lacking a good payment processor.

But oh how I would love to bring back the whoring days.....Deposit bonuses, reloads. monthlies......