Good article. Republicans are the bad guys. Going forward, if poker is one your key issues, don't donate to republican PACs.
The Hill has another article about these great social conservatives:
http://thehill.com/blogs/hillicon-va...t-gambling-ban
Quote:
Opponents of Frank's bill say the sites serve as hubs for money laundering for drug traffickers and terrorists. Software engineer Jim Thackston, of Sun Coast Data Solutions, recently wrote to lawmakers expressing his concerns that online poker sites can be used by terrorists to launder funds.
"My concern is that HR 1174, the Internet Gambling Regulation, Consumer Protection, and Enforcement Act, is effectively an open invitation for the 'Bank of Al Qaeda,'" Thackston wrote.
"As HR 1174 moves through the legislative process, every member of Congress should be made aware of the undetectable nature of this threat," he said.
Thackston said he met with officials from the Department of Homeland Security and the Florida Department of Law Enforcement last month to demonstrate how two parties could transfer large amounts of money across virtual poker tables without leaving any transaction records.
There would be a transaction record in the case of a regulated industry. Plus, most semi-competent poker players can spot when someone is chip-dumping, although HU is a bit tougher. I imagine there is software that can be made available that will raise red flags if someone appears to be chip-dumping HU.