FreedomAtStake's Blog

UIGEA finding new enemies all the time

By FreedomAtStake | View all Posts
Posted Monday, March 24, 2008 03:19 PM   0 comments
As regular readers of this blog know, the UIGEA is probably the most short-sighted pieces of legislation since the Prohibition.

So it is no surprise to find out that yet another business segment is getting concerned about the onerous burden the UIGEA places on American banks and financial instituations.

This time it is the digital transaction processing industry that is waking up to the UIGEA.

Nothing Earth-shattering here, but if you want to read another synopsis of the UIGEA's flaws, take a look.



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