[89798] in Cypherpunks
Re: FRB Crypto Systems
daemon@ATHENA.MIT.EDU (Anonymous)
Tue Nov 11 22:30:18 1997
Date: Wed, 12 Nov 1997 03:50:17 +0100 (MET)
To: cypherpunks@toad.com
From: nobody@replay.com (Anonymous)
Reply-To: nobody@replay.com (Anonymous)
::
Anon-To: cypherpunks@toad.com
John Young wrote:
> Federal Register, November 10, 1997
> Excerpt from a Federal Reserve Bank announcement:
>
> ... the Reserve Banks plan to change their policy
> for ownership of the encryption boards used by depository
> institutions with dial and multi-drop connections. These
> encryption boards are currently purchased and owned by the
> depository institutions. With the replacement of the
> encryption boards beginning in the second half of 1998 to
> enhance the security of the Federal Reserve's communications
> network, the Reserve Banks plan to purchase and assume
> ownership of these boards.
Not that they are preparing to take fascist control of all
electronic funds in preparation for the coming Financial Holocaust.
Has anyone that you can't look *anywhere* in the government
regulatory scheme without seeing signs of preparation for
*seizing* control of information, finances and communications?
I remember going into a black bar in a very bad neighborhood
in Seattle and being befriended by the nicest black man in the
whole world. After sharing intimate buddy-buddy details of his
life with me he suggested that if I gave him my wallet to hold
then I wouldn't have to worry about some of the "bad" black
people in the establishment robbing me.
I didn't give him my wallet, but I _did_ vote for him. {;>)
El !Fool
