New republican backed law. - GoFuckYourself.com

After Shock Media · 10-02-2006, 02:43 PM

US President George W. Bush this week is expected to sign a bill making it harder to buy lottery tickets.

Bush was expected to act quickly after Congress approved the Unlawful Poor Person's Dream Enforcement Act making it illegal for financial institutions and credit card companies to process payments to buy lottery tickets. It also created stiff penalties for cash transactions.

Billions of dollars are swindled from the citizens each year and the poor are considered the biggest market.

"It is extraordinary how many American families have been touched by large losses from scratch off tickets and power ball numbers," said US Representative Jim Leach, the bill's main sponsor in the House, in a statement after its passage early Saturday.

The bill's chief Senate sponsor was conservative Republican Jon Kyl, who, like Leach, has said he believed Lotteries was a moral threat. He has called scratch tickets as the paper version of crack cocaine.

"Gambling can be highly addictive, especially when its done over a regulated environment such as the State lotteries" he said this year.

"If Congress had not acted, gamblers would soon be able to place bets not just from convenience stores, but from super markets when they drive home from work or from machines at gas stations as they wait in for their tanks to fill," Leach said.

The US Treasury Department and the Federal Reserve Board will jointly develop implementing rules for the new law, while financial institutions have nine months to incorporate its provision.

Leach cited research which showed that young people who tend to spend hours of leisure time at convenience stores, are particularly vulnerable.

A 2005 survey by the University of Pennsylvania's Annenberg Public Policy Center found that 26 percent of male poor people gamble in convenience stores at least once a month, while nearly 10 percent of all poor people gambled at some point last year.

"Never has it been so easy to lose so much money so quickly at such a young age. The casino is in effect brought to the convenience stores, gas stations and super markets.

"Poor people may play without verification, and betting with a welfare money can undercut a players perception of the value of cash, which too easily leads to bankruptcy and crime," Leach said.

Experts said the vast majority of bettors are placing wagers on power ball style tickets.

"Everyone loses if this industry continues its remarkable growth trends," Leach said.

G... Ok I can wish.

Quickdraw · 10-02-2006, 02:48 PM

haha,, hmm, seems almost familiar

aico · 10-02-2006, 03:03 PM

Dream on...

AsianDivaGirlsWebDude · 10-02-2006, 03:12 PM

No shit? It's really called the "Unlawful Poor Person's Dream Enforcement Act"?!?

I guess that means poor people can't have dreams anymore...

ADG Webmaster

10-02-2006, 02:43 PM	#1
After Shock Media It's coming look busy Join Date: Mar 2001 Location: "Ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn". Posts: 35,299	New republican backed law. US President George W. Bush this week is expected to sign a bill making it harder to buy lottery tickets. Bush was expected to act quickly after Congress approved the Unlawful Poor Person's Dream Enforcement Act making it illegal for financial institutions and credit card companies to process payments to buy lottery tickets. It also created stiff penalties for cash transactions. Billions of dollars are swindled from the citizens each year and the poor are considered the biggest market. "It is extraordinary how many American families have been touched by large losses from scratch off tickets and power ball numbers," said US Representative Jim Leach, the bill's main sponsor in the House, in a statement after its passage early Saturday. The bill's chief Senate sponsor was conservative Republican Jon Kyl, who, like Leach, has said he believed Lotteries was a moral threat. He has called scratch tickets as the paper version of crack cocaine. "Gambling can be highly addictive, especially when its done over a regulated environment such as the State lotteries" he said this year. "If Congress had not acted, gamblers would soon be able to place bets not just from convenience stores, but from super markets when they drive home from work or from machines at gas stations as they wait in for their tanks to fill," Leach said. The US Treasury Department and the Federal Reserve Board will jointly develop implementing rules for the new law, while financial institutions have nine months to incorporate its provision. Leach cited research which showed that young people who tend to spend hours of leisure time at convenience stores, are particularly vulnerable. A 2005 survey by the University of Pennsylvania's Annenberg Public Policy Center found that 26 percent of male poor people gamble in convenience stores at least once a month, while nearly 10 percent of all poor people gambled at some point last year. "Never has it been so easy to lose so much money so quickly at such a young age. The casino is in effect brought to the convenience stores, gas stations and super markets. "Poor people may play without verification, and betting with a welfare money can undercut a players perception of the value of cash, which too easily leads to bankruptcy and crime," Leach said. Experts said the vast majority of bettors are placing wagers on power ball style tickets. "Everyone loses if this industry continues its remarkable growth trends," Leach said. G... Ok I can wish. __________________ [email protected] ICQ:135982156 AIM: Aftershockmed1a MSN: [email protected]

10-02-2006, 03:12 PM	#4
AsianDivaGirlsWebDude Purveyor, Fine Asian Porn Industry Role: Join Date: Jul 2004 Location: San Francisco Bay Area Posts: 38,323	No shit? It's really called the "Unlawful Poor Person's Dream Enforcement Act"?!? I guess that means poor people can't have dreams anymore... ADG Webmaster __________________ Asian Diva Girls - Exclusive Photos and Videos Asian Diva Girls Affiliate Program (50% ccBill Revshare)

10-02-2006, 02:48 PM	#2
Quickdraw Confirmed User Join Date: Mar 2004 Location: → → → Posts: 1,717	haha,, hmm, seems almost familiar

10-02-2006, 03:03 PM	#3
aico Moo Moo Cow Join Date: Mar 2004 Location: Washington State Posts: 14,748	Dream on...