U.S. Waves the Hoover Flag

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Jeffrey | Poker News

Delik James is back again with his Rags for Riches series, keeping us updated on what’s going on in the Poker World. Welcome back Delik!

Rags for Riches:

U.S. Waves the Hoover Flag

If you’re like me, or say, millions of other people across the globe that live and breathe poker, than you probably hold a subscription to a poker ‘rag’: a magazine or publication built around us – poker players. Hidden beneath the covers of these rags are stimulating interviews, intriguing concepts and news that – along with a good time, can bring a little perspective to a world of 52 cards… and some riches to boot!

Here’s what you should know this week –

How bad is the economy getting in the US? Perhaps the best gauge in determining just how dire time are getting, we must look to lawmakers nationwide that are now jumping aboard with House Banking and Finance Committee Chairman Rep. Barney Frank (D-MA), who has been a staunch advocate for overturning the Unlawful Internet Gaming Enforcement Act (UIGEA), which restricts Americans from gambling online legally. 

So why now, after all this time, is the will of the conservative right breaking down? Has the argument calling for the freedom of people to do as they please with their own money changed in some way? No. Have the moral police changed their views on gambling? No.

In fact, nothing has changed – oh, except for that little thing about the economy tanking and record breaking deficits growing by the minute. Now suddenly the voices of the people are being heard, their rights recognized and a glimmer of light appears at the end of the tunnel. The change of heart truly comes from the $52 Billion dollars in tax revenue that would be available if the UIGEA were to be lifted; a figure that has lawmakers drooling.

From coast-to-coast, States have decided that they won’t even wait for Washington to lift restrictions. California, for example has decided to create their own ‘in-state’ internet gambling laws that would deem that federal restrictions unenforceable.

So what can we take away from this situation?

Well, as I see it, conservative lawmakers are quick to judge and restrict the rights of their people based on their supposed morality – going so far as shabbily attaching the UIGEA to the Safe Ports Act of 2006 to confuse the public and further their agenda. But what it comes down to is what it always comes down to in the end: Money! We gamblers know that fact all too well.

Amidst the beginning of the Great Depression in the 1930’s – an empty, turned out pocket was referred to as a ‘Hoover flag’ (a false kudo to President Hoover). I say tuck in those Hoover flags Washington – give us what we want and in-turn we will all be better off because of it.

Wishing you Big Pots and Bigger Flops,


Source: PokerNews.com

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3 Comments to U.S. Waves the Hoover Flag

Nintendo Gamer
March 13, 2009

I can only dream that they would lift this law. It’s insane that I can’t put $15 on a sports bet online yet I could go spend a couple grand on lottery tickets at a gas station. It’s time for them to get rid of this law.

March 13, 2009

Poker players seem to think taxing this would be a great idea but that’s because they aren’t giving away a percentage of their winnings yet. And you thought that a $1 rake was bad? How about 40% income tax on all of your profits.

March 14, 2009

Lol try living in a country were the income tax can be up to 60%.

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