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I'll see your hijacking and raise you a dead Donald Rumsfeld...
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I notice the point that traders will be anonymous so the critics think it could be open to terrorists themselves. Isn't that a bit pointless, allowing someone to bet that a terrorist event will happen when they could be linked to the same people who then go out and do it?Never give an AI an even break.
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So I guess we are saying that Joe Millionaire has better intelligence assets than the CIA? This is simply ridiculous! I can see scandal written all over this one."I am sick and tired of people who say that if you debate and you disagree with this administration somehow you're not patriotic. We should stand up and say we are Americans and we have a right to debate and disagree with any administration." - Hillary Clinton, 2003
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I'd like to know who is the idiot in the Pentagon that came up with this idea of a "terror market". What a stupid, immoral, and grotesque idea!'There is a greater darkness than the one we fight. It is the darkness of the soul that has lost its way. The war we fight is not against powers and principalities, it is against chaos and despair. Greater than the death of flesh is the death of hope, the death of dreams. Against this peril we can never surrender. The future is all around us, waiting, in moments of transition, to be born in moments of revelation. No one knows the shape of that future or where it will take us. We know only that it is always born in pain.'"
G'Kar - from Babylon 5 episode "Z'ha'dum"
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Originally posted by Azazel
Seriously though, I've seen the price of an option of Ariel Sharon winning the election that was to materialize at 100 credits valued at 79 credits before the elction. that's 21 credits from nothing!Only feebs vote.
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But experts say the DARPA-backed Policy Analysis Market (www. policyanalysismarket.org) is based on a legitimate theory, the Efficient Market Hypothesis, that has a proven track record in predicting outcomes.
Basically, the idea is that the collective consciousness is smarter than any single person. By forcing people to put their money where their mouth is, the wagers help weed out know-nothings and give more weight to the opinions of those in the know.
"Markets are a great way of aggregating information that a lot of different people have," said Eric Zitzewitz, an assistant professor of economics at the Stanford Graduate School of Business. "One of the big issues with intelligence that was gathered before 9/11 was that information wasn't aggregated within the intelligence community. This is directly aimed at addressing that."
Well, we already knew that!
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Code Red!! Code Red!!Eventis is the only refuge of the spammer. Join us now.
Long live teh paranoia smiley!
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