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["Lance A. Brown" <lance AT bearcircle.net>]

On Tue, 2003-07-29 at 09:59, Diana Duncan wrote:
> Just because I'm not in the mood to sign up for anything today, may I 
> assume you are talking about the Pentagon's plan to offer a 
> "free-market" bidding site on terrorist attacks?  That was on the front 
> page of the N&O today, and I agree, is incredibly bizarre.  I grabbed 
> this link from news.google.com
> 
> http://dc.internet.com/news/article.php/2241421
> 
> My favorite quote from the N&O article (the one that scared me the 
> most), which, unfortunately, I can't find a link to online...
> 
> "Wyden explained it this way: 'For instance, you may think early on 
> that Prime Minister X is going to be assassinated, so you buy the 
> futures contracts for 5 cents each.  As more people begin to think the 
> person's going to be assassinated, the cost of the contract could go up 
> to 50 cents.  The payoff if he's assassinated is a dollar per future.  
> So if it comes to pass, and those who bought at 5 cents make 95 cents.  
> Those who bought at 50 cents make 50 cents.'"

This quote is in the NY Times news article Maria posted.

--[Lance]


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