Welcome to 2007

by Lou on January 2, 2007


Happy New Year 2007.

For me, New Year’s Eve occurs when it’s midnight in New York. I guess I’ll always be a Brooklyn guy at heart and although I stayed awake past midnight here in California, the new year began when the ball dropped at Times Square, not a minute or an hour sooner or later.

I don’t care that it’s 2007 in London when it’s still the middle of the afternoon in Palm Springs, or that 2007 comes to Maritime Canada at 8:00 PM here. What’s going to happen in St. Louis, Denver, California, or even Hawaii doesn’t really concern me. New Year’s Eve lives at Times Square. That’s just the way it is.

I’m a day late with a New Year’s post. I know it, but I got caught up in all the hoopla of yesterday’s bowl games, where the entire world learned that USC is a really good football team, or that Michigan was overrated. Those who happened to watch the Boise State vs. Oklahoma game saw one of the most exciting football games of all time. Boise State’s tying touchdown with only seconds left on the clock, and their two point conversion play to win it in overtime rank right up there with the Flutie to Phalen hail Mary pass; they are plays that will be shown again and again over the years.

I glad to see 2007 arrive. Last year was a shocker for poker, with the Unlawful Internet Gaming Enforcement Act (UIGEA) depleting the value of publicly traded online poker sites by more than 50 percent the day following the law’s passage.

It also shook up the entire online market as publicly traded firms withdrew from the US market and looked to Europe and Asia for their customer base. The good news is that private companies haven’t gone away, and some of the biggest and best of the online poker sites still accept customers from the USA.

The stupidity of this law — appended as it was to a “must pass” port security bill — and it’s 11th hour passage in the middle of the night with neither debate nor recorded vote, is that it was clearly a political act, not one designed to address a public need.

Former Senate Majority Leader Bill Frist, the puppet master who pulled the behind-the-scenes strings, did so only to garner support from the religious right in his bid for the Republican presidential nomination for the Presidency. The scalding irony is that Frist later announced he was not going to try for his party’s nomination after all. My opinion is that his links to some insider trader scandals left him unelectable and caused him to scuttle his plans.

I’m looking forward to another year of poker in 2007, and if you want to check out my New Year’s resolutions, just work your way over to http://www.pokermagazine.com/Poker-Games/poker-games-resolutions-lou-krieger.html and read them for yourself.

Poker journalist Amy Calistri and I will each be talking about our poker resolutions for 2007 this Thursday, Jaunary 4th, on Keep Flopping Aces, our radio show that airs at 9:00 PM EST at www.holdemradio.com. If you can’t listen live, you can always listen to the show in the station archives or download it as a podcast on i-Tunes.

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