July 29, 2003

Amazingly Bad Idea From the Pentagon

CNN.com - Pentagon defends 'terror market' - Jul. 29, 2003

Ohhkay. This, I wouldn't have believed without CNN and 2 senators asking about it -- and won't be surprised if it turns out to be false. The Pentagon is setting up, and has spent $600,000 on, a "public, stock-market style exchange where traders can profit by correctly predicting terror attacks or assassinations in the Middle East."

Aside from the fact it's repugnant to me to have a stock market in when people will be killed, I think there's a basic flaw in the plan: the people who buy into this system can also blow people up as well. Can you say, "paying the terrorists to kill people"?

Posted by Ted Stevko at July 29, 2003 09:49 AM | TrackBack