Rep. Barney Frank has gotten another boost with Rep. Jerrold Nadler joining the group. Nadler is the 48th person to sign the bill, making the online gambling regulation bill stronger all the time. The Internet Gambling Regulation and Enforcement Act (IGREA) calls for regulation of online gambling instead of prohibition, which is what the majority of American’s support.
Nadler is a good addition to the bill as he is someone who is well respected among his peers. He is currently serving his 9th terms as a Member of Congress and represents portions of New York City’s boroughs. He has played a major role over the years in various issues pertaining to rights and liberties, so he will fit in just fine taking on online gambling.
On Nadler’s website he says “there is nothing more fundamental to being an American that the assurance against unwarranted government interference in one’s personal affairs.” This is something people can get behind, even if they aren’t fans of online gambling. There are many who don’t agree with the online gambling in us idea, but do agree that what people do with their own money is their own business.
Having Nadler on board will help sway those members of Congress that have not made up their minds yet, and probably change the minds of many who already have. Not only is he well versed in the civil liberties of our residents, he is also used to dealing with issues related to crime, terrorism and Homeland Security. These are allegedly the reasons why online gambling is illegal in the first place.
It seems that a miracle has happened! The Democrats and the Republicans have finally agreed on something! It would seem that members of both factions have agreed that the Unlawful Internet Gambling Enforcement Act, or UIGEA, must be overturned.
GOP Presidential Candidate Ron Paul, Republican, and House Financial Services Panel Chairman Barney Frank, Democrat, have joined forces on the bill that would actually block the implementation of the anti online gambling law. They agree that the bill does not allow citizens the right to do what they wish with their money, and they want the bill overturned.
However, since they have not been doing great in having a complete reversal, it seems that they are coming at it from the idea that as long as people are willing to take responsibility for their actions, they should be able to participate in online gambling. They want to see it regulated and legalized.
They say that the law puts an undue burden on the banks and financial institutions as well as they are responsible for implementing the law. As both men are big supporters of internet freedom, this bill strikes a very strong chord with them. They think this law is “potentially disastrous” for the financial industry.