:: 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