Since Barney Frank is one of the most collectivist and statist members of Congress, it is very unusual for me to write the words “I agree with Barney Frank.” But on the issue of Internet gambling, the Massachusetts Congressman actually has the right position. Steve Chapman elaborates on this topic in his column, concluding with wise words about getting out of way when someone like Barney Frank actually wants more freedom and less government.
Four years ago, Congress tried to stamp out online betting by forbidding banks from transferring funds to Internet gambling sites. But it was spitting into a gale. “Gamblers have used online payment processors, phone-based deposits and prepaid credit cards to circumvent the ban,” reports The New York Times. It’s an old problem: When lots of people are eager to enter transactions with other people that do no direct harm to anyone else, the government can’t realistically hope to prevent them. All the ban accomplishes is to push the industry offshore, leaving U.S. customers more vulnerable to fraud. Well, that’s not all it accomplishes. It also encourages Americans to do their gambling elsewhere: going to casinos (now found in 33 states), wagering at off-track parlors or buying lottery tickets peddled by state monopolies. The lotteries are a motive for governments to oppose legalization of online gambling, since it might take away customers looking for better odds. …there is no good reason for the federal government to prohibit citizens from engaging in a peaceful, popular and enjoyable activity that almost all of them can handle responsibly. Nor is there any point, since those citizens are going to do it anyway. Congress would be wise to accept that age-old reality and settle for harvesting the tax revenues Internet betting can generate. Maybe it would be the start of something even bigger. After all, it’s not every day you hear congressional Democrats making the case for more freedom and less government. When Barney Frank acts on the view that “most actions the government should stay out of,” it would be a shame to stand in his way.