
The New York Times has a piece up on Representative Frank's newest bill, H.R. 2267, which is designed to regulate the online gambling industry. The bill, if it becomes law, would give people the opportunity to decide for themselves on this issue and provide the government with a new source of revenue.
It makes both the people and government happy, but a few special interest groups led by social conservatives have so far put up strong resistance to allowing any form of online gambling.
At a news conference announcing the legislation, Mr. Frank, who is chairman of the House Financial Services Committee, pointed out that the federal government could collect increased tax revenues if Internet gambling was regulated. But he said online gambling should be legal as a matter of personal liberty, calling it an activity the government should neither encourage nor prohibit.
[...]
"Congress kind of sneaked up on the American people," Mr. Frank said of the online gambling ban. "The people woke up."
Good luck to Rep. Frank and common sense.




