So can someone tell me who thought this was a good idea in the first place?!?
Plan for 'terror market' canceled
Let me get this straight, the Pentagon was planning to set up an online futures market to "help predict future terrorists strikes"? Sounds a lot like the Hollywood Stock Exchange, except instead of using play money to bet on which movie or actor is doing well this month, here we'd be using real money to speculate on who's going to take a bullet or get blown up next!
Browsing the article, it comes as no surprise to find out that "the Policy Analysis Market is under the supervision of retired Adm. John Poindexter, the head of the Terrorism Information Awareness program and, in the 1980s, national security adviser to President Reagan."
DARPA and John Poindexter… in an administration that's been stunningly arrogant when it comes to foreign policy, these guys just managed to set the bar that much lower.
Plan for 'terror market' canceled
Let me get this straight, the Pentagon was planning to set up an online futures market to "help predict future terrorists strikes"? Sounds a lot like the Hollywood Stock Exchange, except instead of using play money to bet on which movie or actor is doing well this month, here we'd be using real money to speculate on who's going to take a bullet or get blown up next!
Browsing the article, it comes as no surprise to find out that "the Policy Analysis Market is under the supervision of retired Adm. John Poindexter, the head of the Terrorism Information Awareness program and, in the 1980s, national security adviser to President Reagan."
DARPA and John Poindexter… in an administration that's been stunningly arrogant when it comes to foreign policy, these guys just managed to set the bar that much lower.
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