Posts Tagged ‘William Wichterman’

RE: UIGEA, Take 2!?!

by , Nov 10, 2008 | 12:22 pm

Shit-shit-shit, dirty politics man … in play like right now! Scary and shameful stuff. Floor!

From the International Business Times:

Bush Administration Moves Forward on Midnight Rulemaking to Force Banks to Ban Internet Gambling

NFL Lobbyist Turned Political Appointee Accused of Improper Involvement in Rush to Issue Regulations

WASHINGTON, Nov. 10 /PRNewswire-USNewswire/ — The Bush Administration is working to finalize regulations to enforce a ban on Internet gambling despite concerns raised by leading financial service companies that the regulations are ambiguous, burdensome and not likely to stop millions of Americans from gambling online. It is expected that the regulations, issued to implement the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA), will be finalized at the last minute before they can be stopped by the Obama Administration – an orchestrated move being linked to a former National Football League (NFL) lobbyist now working in the Bush Administration. The NFL has actively campaigned against clarifying UIGEA and has opposed legislation introduced by Rep. Barney Frank (D-Mass.) to regulate online gambling in order to protect consumers and generate billions for critical State and Federal programs.

“At a time when the financial system is in crisis, it is irresponsible for the Bush Administration to rush through a fundamentally flawed regulation that even representatives of the Treasury Department and Federal Reserve have stated on record is unworkable,” said Jeffrey Sandman, spokesman for the Safe and Secure Internet Gambling Initiative. “We are skeptical of the Administration’s motivation to get this done at the very last minute, especially given the apparent involvement of a NFL lobbyist turned Bush appointee.”