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View Full Version : Pentagon Cancels Terrorism Betting Plan


Preacher
30 Jul 2003, 4:53am
Anybody else see this article. I've worked for the DOD for nearly a decade and the absolute stupidity of this idea astounds me!

"WASHINGTON - The Pentagon on Tuesday abandoned a plan to establish a futures market that would have allowed traders to profit by correctly predicting assassinations and terrorist strikes in the Middle East."

http://story.news.yahoo.com/news?tmpl=story&cid=514&e=6&u=/ap/20030729/ap_on_go_ca_st_pe/terror_market_25

DARPA really must stand for Dumb Ass Research Projects Agency full of idiots! (Note: "full of idiots" is only implied, not explicitly stated!)

profdlp
30 Jul 2003, 4:57am
As I understand it, the hope was that they could monitor people's buying/selling and spot some "inside trading", thereby tipping us off that something was in the works.

Still pretty dumb, either way...:mullet:


Prof

MachineGunKelly
30 Jul 2003, 4:30pm
Sounds ridiculous, so it's probably true!