This article is a MUST READ, for the cast of characters involved, plus that $3,000,000 has been requested from Congress to fund this obscene Pentagon project thought up by that Iran-Contra crook Poindexter and DARPA of the "Tips" program.
How much lower can they sink? How much lower can they sink American citizens in their cesspool of sewage! :nuke:
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Pentagon's Futures Market Plan Condemned
Mon Jul 28, 9:52 PM ET
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By KEN GUGGENHEIM, Associated Press Writer
WASHINGTON - The Pentagon (news - web sites) is setting up a
stock-market style system in which investors would bet on terror attacks,
assassinations and other events in the Middle East. Defense officials hope
to gain intelligence and useful predictions while investors who guessed right
would win profits.
Two Democratic senators demanded Monday the
project be stopped before investors begin
registering this week. "The idea of a federal
betting parlor on atrocities and terrorism is
ridiculous and it's grotesque," Sen. Ron Wyden
(news, bio, voting record), D-Ore., said.
The Pentagon office overseeing the program,
called the Policy Analysis Market, said it was part of a research effort "to
investigate the broadest possible set of new ways to prevent terrorist
attacks." It said there would be a re-evaluation before more money was
committed.
The market would work this way. Investors would buy and sell futures
contracts — essentially a series of predictions about what they believe
might happen in the Mideast. Holder of a futures contract that came true
would collect the proceeds of investors who put money into the market but
predicted wrong.
A graphic on the market's Web page showed hypothetical futures contracts
in which investors could trade on the likelihood that Palestinian leader
Yasser Arafat (news - web sites) would be assassinated or Jordanian King
Abdullah II would be overthrown.
Although the Web site described the Policy Analysis Market as "a market
in the future of the Middle East," the graphic also included the possibility of
a North Korea (news - web sites) missile attack.
That graphic was apparently removed from the Web site hours after the
news conference in which Wyden and fellow Democratic Sen. Byron Dorgan
(news, bio, voting record) of North Dakota criticizing the market.
Dorgan described it as useless, offensive and "unbelievably stupid."
"Can you imagine if another country set up a betting parlor so that people
could go in ... and bet on the assassination of an American political figure,
or the overthrow of this institution or that institution?" he said.
According to its Web site, the Policy Analysis Market would be a joint
program of the Pentagon's Defense Advanced Research Projects Agency,
known as DARPA, and two private companies: Net Exchange, a market
technologies company, and the Economist Intelligence Unit, the business
information arm of the publisher of The Economist magazine.
http://story.news.yahoo.com/news?tmpl=story&cid=514&e=6&u=/ap/20030729/ap_on_go_ca_st_pe/terror_market_10
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