Jacob Sullum | September 17, 2008
Yesterday the House Financial Services Committee approved a bill that would require federal regulators to define "unlawful Internet gambling" before demanding that financial institutions block transactions related to it. The Payments System Protection Act, sponsored by committee Chairman Barney Frank (D-Mass.), would delay the imposition of regulations required by the Unlawful Internet Gambling Enforcement Act of 2006. That law left the legal status of various kinds of online gambling ambiguous, and when payment processors asked the Treasury Department for guidance, they were told that had to figure out what was legal on their own. Testifying before the House Judiciary Committee in November, professional poker player Annie Duke summed up the situation this way:
The posture of the federal government is, "We are going to create a new federal crime, but we will not tell you what it is." In the proposed rule, the regulators explain their refusal to resolve this by saying that to do so would require them to examine the laws of the federal government and all 50 states with respect to every gaming modality, and that this would be unduly burdensome. Yet that is exactly what they are requiring the general counsel of every bank in the country to do.
Frank, who is also sponsoring a bill that would explicitly legalize (and regulate) online gambling, closes out my June reason article about the online gambling crackdown with a ringing defense of the freedom to engage in "recreational activities" that "human beings enjoy" (a category in which he also includes pot smoking).
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Hey Barney - Keeping all of the money I earn is a recreational
activity that this human being enjoys, you fucker!
Other than that, good work on this particular one.
Yeah, Barney Frank is a tax and spender. But he is far better
than most when it comes to consenting adults engaging in activities
that aren't harmful to others.
Just giving credit where it is due.
How can the government make something illegal without defining
what that something is?
Isn't there a constitutional issue when laws are too vague? Don't
laws get struck down for that?
Yet that is exactly what they are requiring the general
counsel of every bank in the country to do
More and more, the government is outsourcing its insane law
enforcement costs. I have a co-worker who used to work in a little
branch bank and his stories of what they had to do out of fear of
failing to catch something suspicious were appalling.
When you think of the money the federal government spends on
regulation and law enforcement, and then you realize that they are
now pushing out even more of those costs into the private sector,
you get a glimpse of the monster that hovers out there.
Isn't there a constitutional issue when laws are too vague?
Don't laws get struck down for that?
Yeah, it's called Void for Vagueness, IIRC. And IIRC, it is
primarily a Due Process issue.
You know, if Barney Frank would just crack open a 9th-grade level economics textbook, he'd be the cat's meow.
As I speak, the local University's student government is
slapping around the local town council in court over a vague
ordinance regarding keeping the peace.
"Loudness shall be a breach of the peace."
-What is the definition of loud?
"Whatever the cops say it is."
----------------
It is glorious to watch.
You know, if Barney Frank would just crack open a 9th-grade
level economics textbook, he'd be the cat's meow.
You know, if all economic knowledge and training inexorably led to
the conclusion that one has to be a Libertarian, then every
economist would be a Libertarian.
But they aren't.
Strange how that is.
lmnop,
However, if Frank applied the same logic he does to gambling to
economics and cracked open that 0th-grade level textbook, then
what?
Thats right.
LD didnt say that would work for everyone, just for Barney Frank.
Read my first post in this thread, I agree with LD. There is no
reason for Frank to be hypocritical, yet he is.
BTW, I dont believe in the 2 axis theory. Economics are social
issues. Social issues are economics. They are one and the same.
Ah, but every true economist is a libertarian!
...Just fuckin with ya. I kid.
BTW, this bill will go nowhere because a) the Congress doesn't care
if its laws are fair or clear and b) gambling IZ TEH SUCK, so you
MUZ BE PUNIZED.
Ele,
Libertarians are so void of the Robin-Hood complex, it's often hard
for us to model the dissonance necessary for someone to intuitively
grasp the inherent value of social freedom, but fail so utterly in
connecting it with economic freedom. It's something we need to work
on.
Yeah, I would explain a lot if many libertarians are stopping
their studies of economics at the 9th grade.
Externalities and market failures are apparently not covered until
10th grade...
I think you should be focusing on libertarian chess. Far superior to the old authoritarian chess with its freedom-destroying rigid rules, libertarian chess allows each player to move the pieces any way he wants to, even onto the edge of the board (to avoid capture). The old commie chess masters with their legalistic socialist mindsets wouldn't have done so well at libertarian chess. Free markets, free manids, free moves!
It's something we need to work on.
I work on it by calling them names like scum-sucking hypocritical
fuckers. I went easy on Barney this time.
BTW, in the original Robin Hood stories he stole from the rich and
kept the money for himself. Ive always liked that version
better.
You know, if Barney Frank would just crack open a 9th-grade level economics textbook, he'd be the cat's meow.
You know, if all economic knowledge and training inexorably led to the conclusion that one has to be a Libertarian, then every economist would be a Libertarian.
But they aren't.
All the intelligent ones are. ;-)
Adam Bee,
Coasean bargaining. (Most) of your problems solved. Since he won a
Nobel, Im thinking its probably after 10th grade, yet very few
people seem to know about it.
gambling that competes against the casinos that donate to my campaigns and isn't run by the state IZ TEH SUCK, so you MUZ BE PUNIZED.
I think you should be focusing on libertarian
chess...
And the first rule we need to learn is keeping worthless pieces off
the board. To that end, I suggest we kick worthless piece of shit
Lefiti of off H&R.
No, BP. Sacrifice him.
You know, I've always wondered just how radically chess strategy
would change if the rules allowed you to capture your own
pieces the same way you capture enemy pieces.
I'd be willing to bet pretty radically, as the entire early game
would change.
They teach economics in U.S. public high school somehwere? The first economics textbook I ever saw was in college.
I've figured it out. Lefiti's real name is Patrick
Tribett.
This explains a lot, really.
Finger man, Home Ec is an economics class, right? Actually, I did take a Consumer Economics class in high school that covered the law of supply and demand and a few other microE issues.
They teach economics in U.S. public high school somehwere?
The first economics textbook I ever saw was in college.
They taught it in my public high school. They also taught
Latin.
It's not as rare as you might think.
They teach economics in U.S. public high school somehwere?
The first economics textbook I ever saw was in college.
I had one semester of it in HS during my senior year.
I actually loved it and thought about being an economist. Then I
thought "And how will I make money doing that???" So I became a
software engineer.
I also had micro and macro-economics. The Law of Diminishing Returns really cleared up a lot of the confusion I had about high school.
Sweet Baby Jesus!!! Everyone must go to SugarFree's
link!
According to a Bellaire Police Department report, Tribett's pupils were constricted and he replied slowly to their questions. Oh, and "officers observed the paint on face and hands," as can be seen in the below mug shot.
Now I think people should be allowed to huff as much paint as they
want, but dude -- learn to order cans of paint on the internet or
pay some one to go to the store for you if you need a fix that
bad.
You've got to be a stupid motherfucker to walk into a hardware
store looking like that.
They teach economics in U.S. public high school somehwere?
The first economics textbook I ever saw was in college.
I took economics in high school. After the first week, I only
showed up for the tests and never opened the book. I received a
C.
So to answer your question, not in my high school.
You've got to be a stupid motherfucker to walk into a
hardware store looking like that.
Huffing paint sort of makes you into a stupid motherfucker, so it
makes sense.
for those of you wishing to contact Barney Frank directly, you can usually find him in the men's room in the third stall. just tap your foot...
I think you should be focusing on libertarian chess. Far
superior to the old authoritarian chess with its freedom-destroying
rigid rules, libertarian chess allows each player to move the
pieces any way he wants to, even onto the edge of the board (to
avoid capture).
Actually, they already have this. Hexagonal-grid wargames
accomplish this. So do computer battle simulations. Or computer
strategy games like Civ.
And yes, these games can be said to be "better" than Chess in the
sense that while a computer can be built that will beat a human at
Chess, we still can't build computers to reliably beat humans at
more unstructured wargames. The more unstructured games are just
too complex for anything as limited as a machine intelligence - but
Chess is right up the machine's alley.
You know, I've always wondered just how radically chess
strategy would change if the rules allowed you to capture your own
pieces the same way you capture enemy pieces.
Even better: after capturing any piece, you can convert it to your
side and put it back on the board after, say, five moves.
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