Investing in Terrorism
 

Sounds like easy money:

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.

http://story.news.yahoo.com/news?tmp...rror_market_10

as long as someone makes money...mmmkay?

That's pretty hilarious if its for real.

Robocop is for real.

So some terrorists friends or associates or whatever could like get together and make a bunch of investments on a given date. Then the terrorists do the damage on that date, and get a return on their investment of some suicide bomber or something?

Gee, umm :helpme

So if i predict a terrorist act, i bet the government would happily hand over the money i earned without wanting to investigate on how i knew...

Our government must be pretty desperate with this war on terrorism.

really? that sounds crazy!:Graucho :Graucho

I'm speechless. I'm without speech!

They noted a May 20 report to lawmakers that cited the possibility of using market forces to predict whether terrorists would attack Israel with biological weapons.

"Surely such a threat should be met with intelligence gathering of the highest quality ? not by putting the question to individuals betting on an Internet Web site," they said.



I'm sure Israelis will be happy to know that Bush is supporting betting on when they will be wiped out be a biological attack.

Oh, when I saw the topic title, I thought this was going to be another Acacia stock tip thread.