It's for your own good


The FedGov nannystate goes on an international fishing expedition

I really have to question priorities here.

Think about it.

If the FedGovs had put this much effort into enforcing immigration law, we would have fewer problems. That is not saying that immigration restrictions are good, just that a wink and a nudge doesn't uphold the law.

Instead, the DOJ goes after online gambling companies and banks.

THE US Department of Justice has ordered the world’s biggest investment banks, accountants and law firms to hand over all e-mails, telephone records and papers connected with internet gaming firms as part of an investigation into illegal online gambling in America.

HSBC, Dresdner Kleinwort, Credit Suisse and Deutsche Bank are known to be among the banks that have been issued with subpoenas — official requests for information — as part of a worldwide hunt to build a case against those who benefited from illegal online gambling.

Britain has been the fundraising centre for many internet gambling companies, with a number of international operators listing their shares in London.

Fortunes were made by the founders of internet gaming stocks, including Party Gaming, 888.com and Betonsports.com, and advisers pocketed huge fees.

The Department of Justice first issued subpoenas in October, only days after George Bush sounded the death knell for America’s $6 billion (£3.2 billion) internet gambling industry by signing legislation banning all related transactions. But until now the investigation has been kept secret.

It's not about enforcing the law.

It's about going after existing companies who won't be able to fight back because public perception won't let them. Government authority tends to be used against those least likely to resist.

It's a bad law, and the politicos are betting that they can cloak their power grab in moral justification.

— NeoWayland

Posted: Fri - January 26, 2007 at 02:46 PM  Tag


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