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Message: [QUOTE="the Styb, post: 1834188, member: 57740"] Wait, seriously? Advocating legislation that would bar individuals with bad credit? It's horrifying to see people who have had their rights stepped on advocating the exact same thing for others! Of course, that's OK since those people don't consider themselves addicted or bad credit risks, right? Do as I say, not as I do? I don't have a problem, but that guy does… ban him! No credit card deposits? Sure, and the honest folks at post offices around the globe won't be looking for checks and cash inside letters bearing the address "Full Tilt Poker Deposit Department"… Stop-loss limits? Umm, I think you mean spending limits. Stop-loss is the armed forces' way of jerking honest grunts into extended service. As for spending limits, will they be adjusted hourly? If my limit is $100/day and I win half a million in a $100 tourney, I still won't be able to enter any higher level tourneys until my limit is adjusted. If you're talking about a limit for losses only, that's not really workable either. No one has the right to limit what an individual does with his own money. And the idea about mandatory deposits in casinos only? Good grief! Yeah, it's a brilliant idea for the casinos, but pretty messed up for the players, especially those without nearby casinos. If the Fed is going to regulate the industry, they can simply have a sign-up program at the IRS website. You pay taxes and are of legal age, sign up and get your Federal Online Poker Player ID (or, "FOPP",) which you use to register at sites. IRS gets all your win/loss info for tax time. Simple, invasive (but perfectly legal… you weren't going to under-report your winnings, were you…?) and probably what will happen. They can tone it down for low-stakes players, say winnings under a few thousand need not be reported or taxed, much the way earnings under a certain amount are not taxed. But watch out of you're a high roller… I expect there will be a ton of service charges, convenience fees, Federally mandated costs and other stack-lowering things hidden in the legislation! but then, I'm a pessimist! :) [/QUOTE]

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