Thursday, June 11, 2009

Poker, Bad. No money for you!

So the Government is now going through your bank accounts and freezing any funds that are received from playing online poker. There is currently no legislation on the books stating that playing online poker is illegal. A company cannot exist in the US and cannot operate, but it is not illegal to play.

But, now it has been decided that if you play poker you are taking part in money laundering. The government says that these funds "are subject to seizure and forfeiture 'because they constitute property involved in money laundering transactions and illegal gambling offenses'". And they are using their newest acquisitions, the banking industry, and the fear that fell with saying no to the government to make this happen.

http://abcnews.go.com/print?id=7808131

So next it's anything that you win in Vegas, Shreveport, or any casino because it's bad for you. After that......

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