Quote:
Originally Posted by mrcommonsense
You entirely missed my point. You in fact were agreeing with mine as everything you said is true. That person earlier said the democrats had as much to do with UIGEA as the republicans which has led to all these problems. My point is the doj is the problem and not the UIGEA as they would be pressuring and busting groups regardless of it ever passing or not. Again BET ON SPORTS and Neteller were brought down independent of the UIGEA. My point is due to current federal and state laws all this turmoil would be happening no matter what so people need to stop focusing so much on the UIGEA. If it is removed tommorow nothing will change. The only way to solve all this is to legalize poker so you and I are essentially saying the same thing.
I am glad we (mostly) agree
. My whole point in making a post in this thread was to get some of the righteous anger felt and displayed here directed at the real enemy, the current US government. If the US DOJ were not involved, FTP would not be having these payment problems (though they probably still wouldnt answer most emails
).
The only reason I said "mostly" agree is because I think it is wrong to underestimate the effect of the UIGEA on THE BANKS and other Financial Service providers. While it is true that the wire act has (so far) been the basis of all the DOJ's actual cases, it is the UIGEA that has the banks running scared (which is why their trade organization is actively opposing it).
To prove a wire act violation against a bank or other FSA (like neteller) the DOJ has to prove direct knowledge of illegal payments (like sportsbetting). They allegedly could do this with neteller, BUT NOT WITH THE BANKS THAT DID BUSINESS WITH neteller. Under the UIGEA, however, banks face direct penalties for not only dealing directly with sites, but also for dealing with other entities that make transfers to sites. So if you are planning to become the new neteller, you are going to have an almost impossible time finding a bank to handle that aspect of your business, and that is one big reason the sites are having so much difficulty finding reliable, cost-effective companies to make the transfers. And since on the other hand the UIGEA makes banks completely immune from liability for stopping a "lawful" transaction if they "think" it may be for "unlawful internet gambling" the banks and other FSAs have every incentive to not do business with anything remotely associated with online poker, and very little incentive (small profit) to conduct such business.
So again, if you want things to improve folks, try sending at least one letter to congress for every letter you send to FTP.
Skallagrim