WTO: World Trade Outrage

Excerpt:  "WTO" now stands for "World Trade Outrage" rather than its original name, World Trade Organization. The World Trade Organization just ruled that the Caribbean nation of Antigua and Barbuda can freely violate American copyrights and trademarks in order to punish the United States for laws prohibiting Internet gambling.Congress passed the Unlawful Internet Gambling Enforcement Act in 2006 after finding that "Internet gambling is a growing cause of debt collection problems for insured depository institutions and the consumer credit industry." The social and financial costs of gambling would be greatly increased if the United States permitted Internet gambling. Read More

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