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2nd Hearing in House Subcommittee on Commerce, Manufacturing and Trade held on November 18th 2nd Hearing in House Subcommittee on Commerce, Manufacturing and Trade held on November 18th

11-18-2011 , 02:25 AM
Quote:
Originally Posted by DrewOnTilt
ROFLMAO Frank Wolf is my new favorite jackass.

For years I drank two 20 ounce bottles of Diet Coke every day. Back in my college days (Roll Tide!) I could buy a bottle at the corner store for $0.65. Today it costs me $1.79.

Soooo...


by this bunghole's logic, I now spend $3.58 daily on Diet Coke as opposed to $1.30, so my total soda consumption has increased by 275%.

Duhhhh, economics comprehension fail. **** jackass.
Can you make this into a post on the committe facebook wall for tomorrow's hearing? And copy it to Bono Mack's wall?
2nd Hearing in House Subcommittee on Commerce, Manufacturing and Trade held on November 18th Quote
11-18-2011 , 02:35 AM
Dear Mr. Wolf,

I don't gamble in my bathrobe. I do, however, play poker in my sweats.

Sincerely,
Sheryl
2nd Hearing in House Subcommittee on Commerce, Manufacturing and Trade held on November 18th Quote
11-18-2011 , 02:54 AM
Wolf's testimony is basically this article: http://www.dailyfinance.com/2011/07/...ing-addiction/ quoted and paraphrased.
2nd Hearing in House Subcommittee on Commerce, Manufacturing and Trade held on November 18th Quote
11-18-2011 , 02:59 AM
Quote:
Originally Posted by sajeffe
Can you make this into a post on the committe facebook wall for tomorrow's hearing? And copy it to Bono Mack's wall?
Posted to MBM's wall, minus the "jackass" part. EDIT: and minus the **** part too, bwahahahahaha!

Where is the committee Facebook wall? Sorry, I've been slacking the past few days.
2nd Hearing in House Subcommittee on Commerce, Manufacturing and Trade held on November 18th Quote
11-18-2011 , 03:05 AM
never mind, looks like the Subcommittee doesn't have its own FB page. I posted in on the main committee's page.
2nd Hearing in House Subcommittee on Commerce, Manufacturing and Trade held on November 18th Quote
11-18-2011 , 03:07 AM
All right! Nice job!

For those who would like to "like" the comment: http://www.facebook.com/energyandcom...=wall&filter=1

Last edited by sajeffe; 11-18-2011 at 03:11 AM. Reason: linky
2nd Hearing in House Subcommittee on Commerce, Manufacturing and Trade held on November 18th Quote
11-18-2011 , 03:17 AM
Quote:
It would be like having a casino at your fingertips 24 hours a day, 365 days a year. People would be able to gamble in their bathrobes, in their family rooms, at work or in college dorm rooms. People will be able to gamble whenever and wherever they want.
I must say Rep. Wolf that there are a lot of bad thing that are just as accessible.
2nd Hearing in House Subcommittee on Commerce, Manufacturing and Trade held on November 18th Quote
11-18-2011 , 03:19 AM
somebody was kind enough to point that out (I think Rep Campbell)...said it was an issue of personal liberty. Let the people consume just as we do alcohol and tobacco.
2nd Hearing in House Subcommittee on Commerce, Manufacturing and Trade held on November 18th Quote
11-18-2011 , 03:20 AM
Quote:
Originally Posted by sluggger5x
I must say Rep. Wolf that there are a lot of bad thing that are just as accessible.
He'd probably like to ban all of those, too.
2nd Hearing in House Subcommittee on Commerce, Manufacturing and Trade held on November 18th Quote
11-18-2011 , 03:25 AM
I see in Fahrenkopf's testimony that he wants the Wire Act to be strengthened and modified with any bill. I had never heard of that before. Is this a new desire?
2nd Hearing in House Subcommittee on Commerce, Manufacturing and Trade held on November 18th Quote
11-18-2011 , 03:27 AM
Quote:
The legislation must not create competitive advantages or disadvantages between and among legal commercial casinos, Native American casinos, state lotteries and pari-mutuel wagering operations. (!)
Is this also a new step for the AGA?
2nd Hearing in House Subcommittee on Commerce, Manufacturing and Trade held on November 18th Quote
11-18-2011 , 04:49 AM
Also, McIntyre doesn't seem to harp too much on States needing the right to regulate their own gaming. I'm sensing he could be swayed into an interstate opt-out model. Could be reading it wrong though.
2nd Hearing in House Subcommittee on Commerce, Manufacturing and Trade held on November 18th Quote
11-18-2011 , 04:56 AM
Quote:
I would like to strongly emphasize that Nevada’s progress on these matters, in no way, minimizes or diminishes our position of support for the work you are doing today and the goal of a well constructed national piece of legislation.
A nice quote from Lipparelli.
2nd Hearing in House Subcommittee on Commerce, Manufacturing and Trade held on November 18th Quote
11-18-2011 , 04:57 AM
http://thehill.com/blogs/hillicon-va...t-against-sopa

Quote:
ON TAP FRIDAY:

The House Energy and Commerce Committee will hold its second hearing on the issue of online gambling to discuss what a potential federal regulatory structure to oversee online poker or other games would look like. The first witness panel will feature three lawmakers: Reps. Barney Frank (D-Mass.) and John Campbell (R-Calif.) will both speak in favor of legalizing online poker while Rep. Frank Wolf (R-Va.) will strongly oppose any weakening of the 2006 law that banned the practice. Wolf will cite the social costs of gambling and refer to Internet gaming as the "crack cocaine" of gambling — far more damaging than destination gambling.

Momentum for legalizing some form of Internet gaming, online poker in particular, has been building for months since the White House shut down the largest online poker sites as part of its "Black Friday" operation earlier this year. Committee member Joe Barton (R-Texas) has introduced a bill that would legalize and set up federal oversight of the online poker industry, but that bill has drawn opposition from state lotteries and Indian tribes, both looking to protect their share of gaming revenues.

The states argue gambling has always been handled at the state level and oppose any federal intervention, while the tribes are looking to avoid any changes to their current arrangement, which allows them to avoid federal taxes on gaming. National Indian Gaming Association Chairman Ernie Stevens emphasized the tribes' refusal to budge from the current arrangement, which gives the tribes a high degree of autonomy on gaming, at a hearing on the issue in front of the Senate Committee on Indian Affairs Thursday.
2nd Hearing in House Subcommittee on Commerce, Manufacturing and Trade held on November 18th Quote
11-18-2011 , 08:26 AM
Quote:
Originally Posted by sajeffe
Thanks for the cliffs, PX.
You are welcome. Here are the rest of them:

  • The UIGEA has failed to protect Americans.
  • We need a safe, effective, and workable framework to allow Americans free choice to gamble online.
  • Under the framework of HR 1174, an open market will foster competition, promotes fairness, and is in best interest of players.
  • The safety issues (underage, problem gaming, etc.) claimed by opponents are better addressed by modern tech under regulation than by prohibition under UIGEA.
  • We should trust people to gamble online responsibly and at their own risk, just as we trust them to consume addictive products like alcohol and tobacco.
  • It will create jobs and tax revenue.

  • Gambling is addictive, contrary to family values and causes ruined families, bankruptcies, suicides and official corruption.
  • Internet poker will victimize the poor, the elderly and the young.
  • The social costs of gambling far outweigh the tax revenue.
  • Destination gambling is entertainment and is generally limited to vacations for most Americans, while online gambling is the the crack cocaine of gambling.
  • People will be able to gamble whenever and wherever they want fueling the epidemic of gambling addiction.
  • The UIGEA is working to reduce gambling and shouldn't be weakened by allowing online poker.

Quote:
Barney Frank (MA-4)
[Testimony not available.]

  • Gaming today is a mainstream entertainment industry across the United States, around the globe and in cyberspace.
  • Modern regulation is successful and the regulated gaming industry has been relatively free of controversy despite the industry’s substantial growth and expansion.
  • Internet gaming is here to stay, with or without regulation.
  • Under prohibition rather than regulation, players are unprotected and enforcement is difficult.
  • Nevada has prepared and is ready to effectively regulate online gaming and poker.
  • Despite Nevada's independent preparations to license and regulate i-poker, NV supports a national bill to establish a clear, uniform, national framework for state regulators.
  • Regulation can, under modern technologies, effectively deal with underage gaming, problem gaming, money laundering and collusion.
2nd Hearing in House Subcommittee on Commerce, Manufacturing and Trade held on November 18th Quote
11-18-2011 , 08:34 AM
2nd Hearing in House Subcommittee on Commerce, Manufacturing and Trade held on November 18th Quote
11-18-2011 , 08:40 AM
Quote:
Originally Posted by PokerXanadu
Destination gambling is entertainment and is generally limited to vacations for most Americans, while online gambling is the the crack cocaine of gambling.
That's a new one. Is Wolf just pulling stuff out of his ass or is there evidence to support this claim?

Quote:
Originally Posted by PokerXanadu
Modern regulation is successful and the regulated gaming industry has been relatively free of controversy despite the industry’s substantial growth and expansion.
I hope Lipparelli is referring only to B&M casinos, because technically FTP and UB were both "regulated."
2nd Hearing in House Subcommittee on Commerce, Manufacturing and Trade held on November 18th Quote
11-18-2011 , 09:47 AM
Anyone have link to the stream?
2nd Hearing in House Subcommittee on Commerce, Manufacturing and Trade held on November 18th Quote
11-18-2011 , 09:52 AM
Quote:
Originally Posted by PokerXanadu
  • Destination gambling is entertainment and is generally limited to vacations for most Americans, while online gambling is the the crack cocaine of gambling.
Quote:
Originally Posted by DrewOnTilt
That's a new one. Is Wolf just pulling stuff out of his ass or is there evidence to support this claim?
While I have never seen this exact wording, I don't think of Wolf's claim as being "new". The FoF kind of opposition to i-gaming has more than hinted at this since day one.
2nd Hearing in House Subcommittee on Commerce, Manufacturing and Trade held on November 18th Quote
11-18-2011 , 10:00 AM
Quote:
Originally Posted by slsmagicc
Anyone have link to the stream?
http://www.ustream.tv/channel-popup/...ndcommerce2123
2nd Hearing in House Subcommittee on Commerce, Manufacturing and Trade held on November 18th Quote
11-18-2011 , 10:07 AM
Morning everyone! heeeere wee go!
2nd Hearing in House Subcommittee on Commerce, Manufacturing and Trade held on November 18th Quote
11-18-2011 , 10:08 AM
Thanks for the link.
2nd Hearing in House Subcommittee on Commerce, Manufacturing and Trade held on November 18th Quote
11-18-2011 , 10:13 AM
Series of hearings? I like that!
2nd Hearing in House Subcommittee on Commerce, Manufacturing and Trade held on November 18th Quote
11-18-2011 , 10:14 AM
Quote:
Originally Posted by TheEngineer
Series of hearings? I like that!
Followed in short order by a vote, of course.
2nd Hearing in House Subcommittee on Commerce, Manufacturing and Trade held on November 18th Quote

      
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