November 13, 2008
The PPA always seems to be doing something every day on our behalf — and now they’re looking to pull together some sort of class-actiony lawsuit against the UIGEA. I like it! Why not be the aggressor in the courts, instead of always playing defense?
Here’s the word that just came over the D’amat-phone:
Dear Dan,
Yesterday, in a move reminiscent of 2006 when the Unlawful Internet Gaming Enforcement Act [UIGEA] legislation passed in the dead of night, the Bush Administration finalized the UIGEA regulations. These so called “midnight rules” are set to go into effect on January 19th, 2009, the day before President-Elect Obama takes office. Even though the President stated many times he was against midnight rulemaking, his actions undermine those words.
Right now, the Poker Players Alliance (PPA) is preparing for a potential lawsuit against the UIGEA because its vagueness will likely force banks and other payment processors to over-block lawful Internet poker transactions. Thusly, the PPA is looking for a few good men and women to stand with us in a potential lawsuit. As a paid PPA member, your support has been crucial to our successes. The PPA is prepared to underwrite the complete cost of potential litigation we just need members like you to be part of our action.
More…
Posted by
DanM at 5:20 pm
September 25, 2008
OK, overstatement, I know … a potential collapse of the entire US economy (which George Bush is warning us about, upon request for a $700 billion semi-blank check to his buds in the banking industry) is far more important than poker.
But I gotta say, it was kinda interesting just now to see none other than Barney Frank (Chairman of the House Financial Services Committee, D-MA) step out with Spencer Bachus (Frank’s enemy in recent poker fights, R-AL), letting the public know that they are working with the hastily constructed bailout bill to massage it into good working must-passable shape. Frank is talking about provisions Congress will add to the bill, and Bachus is there by his side, assuring taxpayers whatever happens, they won’t get screwed.
(Fingers crossed!)
Seeing these guys working together toward compromise (as John McCain and Barack Obama huddle with President G-Dub) made me think a little more about how poker might fit in to America’s 21st Century economy … and why shouldn’t the poker sites have to/get to pay a fee to American banks for processing their electronic transactions? Not anything to do with actual bets across the table, of course … but paying the banks to secure the transfer of money for players making deposits and cashouts … that certainly seems fair enough to me.
Maybe a drop in the bucket toward helping out such a huge industry … but a push in the right direction for the banks’ bottom line.
Posted by
DanM at 11:23 am
