Pentagon's Futures Market Plan Condemned

The Policy Analysis Market (PAM) concept is way ahead of its time.
Those folks at DARPA are some pretty smart cookies. So give them the
benifit of the doubt.

The jerks on the hill that are trying to to spin this concept into a
political issue are doing no favors for the American people.

Capital investment in internation events already happens. The
involvement in most of our foreign wars can be attributed as much to
capital investments, as to principles or vengence. Lend lease for
example, or the blockade of Iraq for a decade.

A mechanism for expressing this fact is what we are talking about,
nothing more.

By translating this reality into a common economically expressable
format, (a transparent marketplace), we create an environment where
leaders and citizens can get a look at where they stand in the world
seen from a numerical standpoint.

Therefore a persons perception of their country would no longer be
based on the political rantings of some fool, but by checking the
stock invested in the destruction or support of their government.

If you were on the crap end of the stick in this market, wouldn't that
motivate you just a tad?

Yes it a market can be manipulated. THATS THE POINT. A market format
causes all manipulation of the market to be instantly disclosed. That
disclosure provides time to those involved to make appropriate changes
to the way they do business.

PAM is a 3 second warning in a game of musical chairs played by
governments around the world. When the music stops, people die. Don't
know about you, but I'd prefer to be warned.

-More US citizens died on 9/11 than have died cumulatively in BOTH
gulf wars.
-Psyshrike

On 30 Jul 2003 10:23:01 -0700, psyshrike wrote:
The Policy Analysis Market (PAM) concept is way ahead of its time.

Not really, foresight exchange has been doing it got years.

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