Don't know what to think about the whole trial on this issue. Seems the policing and courtroom efforts could be better spent on other issues.
PD...an "airwick on a cottage chair" would bother you, no?
========
btw....wtg Jay!!...forgot to say that the first time....get out of that pool Steve
========
btw....wtg Jay!!...forgot to say that the first time....get out of that pool Steve
Originally posted by Investment Executive:
PD...an "airwick on a cottage chair" would bother you, no?
========
btw....wtg Jay!!...forgot to say that the first time....get out of that pool Steve
Don't mind me but I'm not getting what you said.
I saw this case featured on a TV news program
about 6 months ago. It may have been 60 minutes, not sure.
This guy Cohen blew it by coming back to the
states to see his family and he was subsequently picked up.
While I personally don't gamble via the
internet, this case promises to set a precedent that could seriously cramp the
style of internet gambling as a whole.
Remember Napster? I'm wondering if this will
be the next realm to be quashed by the high
and mighty who are making sure no one steps
on their action. Yeah, I know its the Feds,
but they surely have the tacit approval of
Nevada and elsewhere.
So, "caveat emptor", may the buyer beware.
I sure would hate to have a chuck of cash
offshore when they pull the plug. Kiss it
goodbye.
about 6 months ago. It may have been 60 minutes, not sure.
This guy Cohen blew it by coming back to the
states to see his family and he was subsequently picked up.
While I personally don't gamble via the
internet, this case promises to set a precedent that could seriously cramp the
style of internet gambling as a whole.
Remember Napster? I'm wondering if this will
be the next realm to be quashed by the high
and mighty who are making sure no one steps
on their action. Yeah, I know its the Feds,
but they surely have the tacit approval of
Nevada and elsewhere.
So, "caveat emptor", may the buyer beware.
I sure would hate to have a chuck of cash
offshore when they pull the plug. Kiss it
goodbye.
Ah when the way is found to tax things. They become avaliable. Strange how taxes can make things so legal.
Simply not true. Federal prosecutors charged 22 people in 1998. Jay Cohen was the only one thus far to voluntarily return to the United States, plead not guilty, and demand his day in court.
A very different picture of what you paint.
As far as impacting internet offshore wagering, no effect and business as usual. The U.S. does not have jurisdiction over these foreign operating entities. The penalty now appears to be if you as a U.S. citizen and go offshore, you may not be able to return without severe penalty. Talk about unconstitutional. It's a sad day when someone can't go to another country set up a legal business in that country and then face repercussion. The fallout is in part due to the fact that the U.S. Government cannot control offshore/internet wagering from a user standpoint, which its attempt by our Government is a clear violation of our civil rights. Once they set a precedent, whats to stop them from the "next thing" that some narrow minded individual who bought his way into office of prohibiting of whats not good for us as a society? The whole action and effort disgusts me. Thus far I have'nt come across one of these crusading politicians that is against internet wagering who is also totally committed to stopping all forms of gambling, Vegas, riverboats, lotteries, horse-racing, dog-racing, bingo and whatever. Plain and simple they are hypocrites in the truest form of the word and what it breaks down to whose pocket the moneys ends up in.
While any of the people who did go offshore to provide a service that clearly the mass public wants did so for their own profit. It's not them that deserve any distain. Jay Cohen didn't get nabbed by some lucky cop, he turned himself in and chose to fight for his business. He didn't blow anything, someone had to force the issue and thus far he's the only one that has stepped to the plate and doesn't deserve the flippant remark of something you may have remembered from 60 minutes.
TomOCo,
Thank you for setting the record straight.
My recollection of that program was vague
at best. It was not my intent to paint Mr.
Cohen in a bad light, so please forgive me
for the "flippant" remark.
You make some great points. The impact of
this thus far is minimal, but the effort to
undue internet gambling will certainly gain
momentum.
I, as well, am disgusted by this and the efforts of the politicians to find yet
another way into our pockets.
djv sums it up best, it will all go away
once the taxes have been levied.
Perhaps Jay Cohen can muster some kind of
grassroots appeal, but alas, the support he
will need to win is a big mountain to climb.
This will certainly open a large can of worms.
Thank you for setting the record straight.
My recollection of that program was vague
at best. It was not my intent to paint Mr.
Cohen in a bad light, so please forgive me
for the "flippant" remark.
You make some great points. The impact of
this thus far is minimal, but the effort to
undue internet gambling will certainly gain
momentum.
I, as well, am disgusted by this and the efforts of the politicians to find yet
another way into our pockets.
djv sums it up best, it will all go away
once the taxes have been levied.
Perhaps Jay Cohen can muster some kind of
grassroots appeal, but alas, the support he
will need to win is a big mountain to climb.
This will certainly open a large can of worms.
