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Barney Frank Says UIGEA is 'Preposterous', Working on New Legislation

160pxbarney_frankRep. Barney Frank (D-Mass.), who the Boston Globe labels "outspoken, openly gay, and eminently quotable" and who last March said "adults are entitled to do with their money what they want to do" in opposition to efforts to ban online gambling, is quoted today in the Financial Times as saying, "I am working on legislation to cut back on this internet gambling thing… I think it’s preposterous." We first saw the news of this over at BillRini.com, to give credit where credit is due, so read more about the FT bit there.

Also worth reading is this piece over at Gambling911.com from February, in which Congressman Frank, who chairs the House Financial Services Committee, called for a two-year amnesty on the online gambling law.

Frank's opposition to the prohibition of online gambling is nothing new, it's worthing noting, as he was just as vocal seven years ago when the House tried to pass the Internet Gambling Prohibition Act of 2000.

As a good refresher of some of Frank's spot-on talking points against prohibition, re-watch the video of him speaking before the House last summer on the issue after the jump . . .

Link to Barney Frank speaking against the prohibition of online gambling here.

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Comments

J Davis

Frank is right! Not only is this bill preposterous, the methods used to force this ill conceived law on the rest of us betrays hypocrisy that is appalling!

J Davis

Frank is right! Not only is this bill preposterous, the methods used to force this ill conceived law on the rest of us betrays hypocrisy that is appalling!

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