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I agree totally,
Tom Vetter
-----Original Message-----
From: eagleinc <eagleinc@xxxxxxxxx>
To: Robert Howe <rehhrd@xxxxxxxxxxxxx>
Cc: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>; Andrew
<warlord@xxxxxxxxxxxxxxxxxxxx>
Date: Thursday, June 17, 1999 11:43 PM
Subject: Re: Andrew; TASAC Editorship
>Robert Howe wrote:
>
>
>>
>> regulation, smegulation. P.T.Barnum said it best. ain't no regulation
ever
>> gonna fully protect dunces from their own stupidity.
>
>
>Absolutely correct! False advertising is NOW illegal, no new laws
>needed. The problem is that most ads for systems have the perfectly
>legal disclaimer "Past performance etc. etc."
>
>Basically these disclaimers say, "This backtested, optimized,
>curve-fitted system produced these fantastic returns, but it probably
>won't work for you. However, there is a very slight chance that you may
>get rich without working hard, so here's how to order."
>
>If system vendors were forced to use the above wording, I don't think
>they would sell any fewer systems.
>
>There is simply no way to protect people from their own wishful
>thinking.
>
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