Banks balk at plan to cut off cash from net casinos

Comment #12

LOTTOMIKE — Sat, 23 Sep 2006 07:15:34 GMT

if senator frist has his way these banks won't have a choice.they will have to.....

Comment #11

rdc137 — Thu, 31 Aug 2006 04:41:02 GMT

Many do not realize that they tried screening railroad passengers a few years ago. They did it in New Carrollton MD and on the Shore Line East commuter rail between New Haven and New London CT. They hailed these one month pilot programs as a success. The only thing they were successful with was ensuring that people could find a parking space in the lots, because many stopped taking the trains after this. I ride Amtrak regularly to NYC and DC. If they set up an airport-style checkpoint to get on

Comment #10

LOTTOMIKE — Thu, 31 Aug 2006 01:08:53 GMT

we need to quit searching grandmaw and pawpaw every time they get on a plane and quit the political correctness and start searching these arabs and muslims.it will save time,money and energy.we know who is really doing all this.this is america the greatest country in the world.

Comment #9

Badger — Wed, 30 Aug 2006 23:16:06 GMT

I said after 911 that one of the things the Muslim extremists terrorists hate about AMerica is that we have freedoms. They want no one to have any freedom that doesn't coincide with their beliefs. And one of the ways the terrorists will win is when they have managed to reduce our freedoms.

Each time our govt curtails or takes away one of our freedoms to choose, the terrorists get a win.

Comment #8

Todd — Wed, 30 Aug 2006 22:41:29 GMT

I agree, and in fact I blogged about this subject recently.

Comment #7

Tenaj — Wed, 30 Aug 2006 21:56:52 GMT

I think the bottom line is in the first sentence

A group representing 5,000 small banks is opposing a tool lawmakers hope to use to stop online gambling, posing a challenge to what is widely seen as the government's best shot at cracking down on the activity.

and especially this sentence

The American Bankers Association, which represents the nation's biggest banks, such as Wells Fargo and Bank of America, has not voiced the same level of concern that has come from the organization repre... [ More ]

Comment #6

Litebets27 — Wed, 30 Aug 2006 20:47:01 GMT

absolutely!!

litebets

Comment #5

DoubleDown — Wed, 30 Aug 2006 20:41:05 GMT

Well said, Mike.

Another thing: I wish they would concentrate on stopping bad PEOPLE from getting on airplanes, and not worry about THINGS we take on there.

DD

Comment #4

LOTTOMIKE — Wed, 30 Aug 2006 20:27:03 GMT

what bothers me more than anything is the government uses this terrorist stuff to scare everybody into letting them pass these laws so they can protect us.protect us from what? they have their own agendas and use this al-qaida crap to brainwash everyone into thinking its ok to take away a few of our rights as long as bin laden is being watched and prevented from causing destruction.am i not going to be able to enjoy my freedom anymore because of this type of thing? sometimes going to far isn

Comment #3

Litebets27 — Wed, 30 Aug 2006 20:19:44 GMT

Yes, but you would think, as long as their customers continue to deposit monies into their accounts in these banks, that they wouldn't care where the law-abiding citizens are getting the money from.

Sooooo, I guess you are no longer a law-abiding citizen if you gamble online.

litebets

Comment #2

cps10 — Wed, 30 Aug 2006 20:05:38 GMT

That wouldn't surprise me a bit...sounds like the banks are opposed to a lot of this.

Comment #1

Litebets27 — Wed, 30 Aug 2006 19:20:02 GMT

This would be a hugh blow To banks, says Ellen Zimies, chief executive of New York-based Daylight Forensic Advisory, which advises banks on regulatory compliance. It would be extremely challenging, and it would take their efforts away from all the other things they're trying to do right now, such as helping authorities flag terrorist financing.

Watch out for the twist that will link anyone who does not pay taxes on an online gambling win under the label as a terrorist . l

litebets... [ More ]

Banks balk at plan to cut off cash from net casinos

Lottery Post — Wed, 30 Aug 2006 16:22:50 GMT

A group representing 5,000 small banks is opposing a tool lawmakers hope to use to stop online gambling, posing a challenge to what is widely seen as the government's best shot at cracking down on the activity.

The Independent Community Bankers of America, whose members range from New York's Metropolitan National Bank to Colorado's First National Bank of Las Animas, is objecting to a proposal winding its way through Congress that would require financial institutions to block payments between... [ More ]