tank futures

Posted on July 28th, 2003 by eightprime.
Categories: blog, socio.

the Death of a Thousand Cuts

Go read This Modern World

in which we find out that the Pentagon is setting up a gambling scheme on likely future events in the Middle East. the Policy Analysis Market is modeled on the stock exchange and allows traders to buy and sell “futures contracts” - wagers on the likelihood of different combinations of events. The investor with the correct prediction would profit from a the pool of funds from the unsuccessful inverstors.

“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?”

-w.

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