Re: Would the FTC crack down on snake oil someday?

At 11:45 PM 3/17/96 +0000, you wrote:
Enclosed is an excerpt from Edupage. Snake-oil crypto popped into my mind.... I wonder if the FTC (Federal Trade Commission... agency *meant* to crack down on consumer fraud, for non-US readers here) would ever get into act here. .... FTC TARGETS INTERNET FRAUD The Federal Trade Commission is conducting a "wholesale crackdown" on perpetrators of allegedly deceptive marketing schemes that are advertised in Internet news groups or on the World Wide Web.
Sure, they'll be happy to, if we really want. The NSA will advise them on what's good crypto, and what's snake-oil. Certainly any system that didn't provide for back-up key access doesn't rate...... No, I didn't think you wanted that either.... #-- # Thanks; Bill # Bill Stewart, stewarts@ix.netcom.com, +1-415-442-2215 pager 408-787-1281 # "At year's end, however, new government limits on Internet access threatened # to halt the growth of Internet use. [...] Government control of news media # generally continues to depend on self-censorship to regulate political and # social content, but the authorities also consistently penalize those who # exceed the permissable." - US government statement on China...
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Bill Stewart