Oct. 2nd, 2006

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Prosecutors said that in July 2004, Quinn traveled to Montana and engaged in sexual activity with the boy, then 16. The next month, Quinn flew the juvenile to Illinois and then drove him to Wisconsin, where they attended a concert and engaged in sexual activity. Quinn has been sentenced to 5 years in prison.
birdwatcher: (Default)
Prosecutors said that in July 2004, Quinn traveled to Montana and engaged in sexual activity with the boy, then 16. The next month, Quinn flew the juvenile to Illinois and then drove him to Wisconsin, where they attended a concert and engaged in sexual activity. Quinn has been sentenced to 5 years in prison.
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Американская рожаShares of PartyGaming Plc, Sportingbet Plc and 888 Holdings Plc plummeted, wiping out $7 billion of market value, after Congress passed laws to shut down Internet gambling in the U.S.

``Internet gambling has been illegal since the inception of the Internet, but there has been no way to enforce it,'' Representative James Leach, an Iowa Republican, said Sept. 30. By making it ``illegal to use a financial instrument to settle an Internet wager,'' Congress is ``putting responsibility on the financial community,'' Leach said.

If this story is right, указывает Джеффри Такер, the government is pretty well demolishing a vast industry and for no good reason. Producers, consumers, and everyone else involved will all have the quality of their lives diminished. And while you might say that laissez-faire gambling litters up towns with unseemly billboards, attracts unsavory elements, and the like, internet gambling takes place without anything like a negative externality.
birdwatcher: (Default)
Американская рожаShares of PartyGaming Plc, Sportingbet Plc and 888 Holdings Plc plummeted, wiping out $7 billion of market value, after Congress passed laws to shut down Internet gambling in the U.S.

``Internet gambling has been illegal since the inception of the Internet, but there has been no way to enforce it,'' Representative James Leach, an Iowa Republican, said Sept. 30. By making it ``illegal to use a financial instrument to settle an Internet wager,'' Congress is ``putting responsibility on the financial community,'' Leach said.

If this story is right, указывает Джеффри Такер, the government is pretty well demolishing a vast industry and for no good reason. Producers, consumers, and everyone else involved will all have the quality of their lives diminished. And while you might say that laissez-faire gambling litters up towns with unseemly billboards, attracts unsavory elements, and the like, internet gambling takes place without anything like a negative externality.