Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Hope Praytochange who wrote (750517)	9/29/2006 2:08:42 PM
From: DuckTapeSunroof	Read Replies (2) \| Respond to of 769670

"Civilization is the progress towards a society of privacy. The savage's whole existence is public, ruled by the laws of the tribe. Civilization is the process of setting man free." --- Ayn Rand

To: Hope Praytochange who wrote (750517)	9/30/2006 4:57:54 AM
From: DuckTapeSunroof	Respond to of 769670

Big Daddy Government says: You Can't Use your Credit Card (unless we say so....) September 30, 2006 GOP Aims to Crack Down on Web Gambling By THE ASSOCIATED PRESS Filed at 2:35 a.m. ET nytimes.com WASHINGTON (AP) -- Congressional Republicans attached a measure cracking down on Internet gambling to a bill aimed at enhancing port security that passed Saturday. Senate Majority Leader Bill Frist, R-Tenn., and Sen. Jon Kyl, R-Ariz., pushed for the gambling provision to be added to the larger bill. Online gambling is generally illegal in most circumstances, but it is something that is difficult to enforce. The new measure tackles that by prohibiting gamblers from using credit cards, checks and electronic fund transfers to settle their online wagers. ''The enforcement provision provided by this bill will go a long way to stop these illegal online operations,'' Kyl said late Friday. Kyl and Frist previously tried unsuccessfully to put the measure on a bill authorizing funding for the military, but critics said the Defense Department bill was no place for the gambling measure. Similarly, Democrats complained Friday that Republicans had used the port security bill as a vehicle for other GOP-backed measures. The House passed a version of the Internet gambling bill in July, but the Senate has taken no action on similar legislation. Frist, eyeing a 2008 presidential bid, recently discussed the online gambling provision in the politically important state of Iowa. He also called it a legislative priority in a recent speech on the Senate floor. ''Congress has grappled with this issue for 10 years, and during that time we've watched this shadow industry explode,'' Frist said in a statement Friday. ''For me as majority leader, the bottom line is simple: Internet gambling is illegal.'' The measure's supporters include the National Football League as well as conservative and antigambling groups. Some banking groups have lobbied against it. Federal officials have made recent arrests involving offshore companies operating Internet gambling sites. The Internet gambling industry is headquartered almost entirely outside the United States although many of its customers live in the U.S. The new gambling provision is not expected to affect gambling at tracks or casinos. ^------ The ports security bill is H.R. 4954. On the Net: Congress: thomas.loc.gov Copyright 2006 The Associated Press