Massachusetts Democrat Barney Frank, a consistent campaigner in Congress for legalised and regulated online gambling in the United States, appears to be warming up the media ahead of his next attack - widely believed to be imminent - on the Unlawful Internet Gambling Enforcement Act.

This week the feisty chairman of the House Financial Services Committee engaged with the conservative CNS news service, in the process generating lively follow-on debate on's blog and the Huffington Post.

Frank's approach to individual freedom was summed up by one commentator as an echo of the libertarian credo that one person's freedom to swing a fist ends where another's nose begins. In other words, freedom of personal choice should be respected as long as it does not impact the rights of other members of the community.

The Massachusetts Democrat articulated his philosophy on the re-regulation of the US financial services sector, saying he's not in favor of "total freedom" if it entails systemic financial risks.

"I would let people gamble on the Internet,” Frank said. “I would let adults smoke marijuana; I would let adults do a lot of things, if they choose.

"But allowing them total freedom to take on economic obligations that spill over into the broader society? The individual is not the only one impacted here, when bad decisions get made in the economic sphere, it causes problems.

“We’re not just talking individual responsibility. ... We have a worldwide economic crisis now, because of this.

"If it were purely individual responsibility, OK - that’s why I disagree with the ranking member,” Frank said in a reference to his Republican colleague on the Financial Services Committee, Republican Representative Spencer Bachus of Alabama. Bachus has been a consistently fierce opponent of online gambling, but is apparently at peace with the concept of loose regulation of the financial sector that has wrought so much damage to world economies. asked Frank about comments Bachus had made at a committee hearing Thursday on mortgage reform. "You're substituting the government's decision for the individual's decision in whether they can afford it," Bachus had complained of the legislation. "If you can't afford it, don't buy it."

Frank pressed the difference. "We're not just talking individual responsibility," he said. "We have a world-wide economic crisis now, because of this."

Live activity feed

  • Anchi
    "Caesars Casino - Win £50 on their games this Halloween!Caesars Casino is giving 50 reasons to be scared this month, with a stunning £50 prize to be won on all the games!Play a minimum of £30 on any Slots or Casino games from Monday 24th October to Monday 31st October for your chance to win.  "
  • Luis
    "I confirm that LCB had improved its services.. I recieved My Neteller cash item in less than 12 hours instead of 2 days..Thank you very much LCB. "
  • 58d35d6d21db6ddf7c2bc29695b15c60d56c261b full
    "Thank you very much for this contest and this opportunity, The bonus is credited immediately. am i able to participate also for the final draw of the contest?"
  • Winaday
    " Kais ben rachid wrote: sorry my english is so bad... Well, that sure didn't take long. Congrats to kais ben rachid aka kaisaoussen for being the first one to share a spooky story with us. Here comes the first $50 treat given out in this contest. Have fun!"
  • Luis
    "I had already sign up and they did not give me the promotional code.. I will never deposit until I have no deposit bonus to discover the site."
  • Anchi
    "New Welcome Package! Sign Up Bonus:       100% up to €50 + 50 Free Spins on Aloha 2nd Deposit Bonus:  50% up to €150 + 50 Free Spins on Starburst 3rd Deposit Bonus:   50% up to €150 + 50 Free Spins on Pyramid 4th Deposit Bonus:  100% up to €200 + 50 Free Spins on Lights Restricted countries from this bonus: USA, France, Belarus, Poland, Costa Rica, Italy ,Belgium, Gibraltar, Alderney, Malta, Isle of Man, United Kingdom, Canada.Greece, Moldavia, Romania, Serbia, Croatia, Hungary, Ukraine, Russia, Austria, Bosna and Hercegovina.  Details: Buzz Slots Bonuses Review  "
Swipe left or right to see more

lcb activities in the last 24 hours

  • 36
    new members
  • 569
    members online
  • 17167
    guests online
  • 137
    new posts
  • 4258
    free games played
Join the club

Highest Community Rated Online Casinos

Swipe left or right to see more

Latest forum posts

Join today and start earning rewards

You will immediately get full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.
S logo

Report to moderator

Use this function to inform the moderators and administrator of an abusive or wrongly posted message.

Please note that your email address will be revealed to the moderators if you use this

Select Language
Search Results