it’s time to tax internet gambling and make it legal
One of the complaints from the Occupy movement protesters is that gambling by the banking sector is what created the economic crisis gripping the globe. And they’re partially correct in placing blame at the feet of bankers who recklessly played the markets like a game of Monopoly. But risk is an inherent part of business, politics and life – and demonizing the private sector for taking chances without presenting viable alternatives is nonsensical. Ironically, one of the surest bets for the Super Committee in Washington currently looking for ways to cut spending and balance the federal budget involves opening the United States to regulated, safe and legal gambling. It’s time for Washington lawmakers to pass the bill that taxes online gambling revenues and makes it legal.

Make no mistake about it, Billionaire Michael Bloomberg is a technology whiz. But his energy ideas are bankrupt. His $50 million gift to support the Sierra Club’s anti-coal agenda and to stop coal-fired power plants will undoubtedly help move American jobs to China. As the Mayor of America’s largest city, Bloomberg should understand the overwhelming demand for affordable energy.

Richard A. Grenell has nearly two decades of experience in all aspects of communications and public affairs. Grenell has served as the primary communications advisor for public officials at the local, state, federal and international levels, as well as for publicly traded Fortune 500 ranked companies.