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Republican senior statesman emphasizes the risks of UIGEA r
 November 9, 2008, 4:51 am (3 years ago)CNet News issued a guest column at the end of October 2008 which is of large interest to the online gambling business. Written by Republican economist and senior statesman Dick Armey of the FreedomWorks support faction, it has a chilling picture of government strain and the results to Net Neutrality.
In the article, titled "The Midnight Regulation Rush is On!” Armey warns viewers to the actions of US Treasury officials in silently pushing through new regulations that potentially is going to have overwhelming effects for privacy and e-commerce.
Armey explains that it's an irony to say the Internet has achieved more to form society throughout the last ten years than any other technological improvement, transforming communications, business, and entertainment. The profits produced by the technological uprising with no trouble equal to those of the previous manufacturing revolution. What's significant is that this sudden increase in development happened in a period comparatively free of government meddling. Unluckily, that might not remain the case. He is warning that the Treasury Department ought to be careful in its Internet gambling regulations.
Setting the scene, he keeps on to speak out that regulatory raids onto the Internet are turning out to be more recurrent, intimidating the open dynamic that has produced so much for consumers.
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