A new bill is floating around that hopes to make tough on phishing. If it ends up anything like CAN-SPAM, we might wind up with legalized phishing! While I am all for tougher penalties against the bad guys, the politicians should be careful to properly scrutinize future legislation with the help of folks who actually know something about technology processes, prior to introducing something that disables rather than enables. You can read more about it here: New Senate Bill Looks to Hook Phishers.
In accordance with standard practice in the technology community, Slashdotters have posted their own world view (see Slashdot | Phishers Face Jail Time Under New U.S. Bill).
I won’t comment anymore on either – judge for yourself and send comments if you like – I would like to learn more about how this bill might provide a solution (if there is a legal solution).