posted on Aug, 5 2003 @ 07:35 PM
As I figured, because there is money to be made, it would resurface, just under a different name. And what timing too! Just before a major event...
perfect time to place bets...
Aug. 04, 2003 PT
Though there was an outcry over the Pentagon's terrorism futures market, a similar online exchange is in the works to predict what the U.S.
government is up to.
The American Action Market will offer various Washington "futures" that can be bet upon and traded. Examples include:
•Which country will the White House threaten next?
•Who will be the next foreign leader to move off the CIA payroll and onto the White House's "most wanted" list?
•Which corporation with close ties to the White House will be the next cloaked in scandal?
The AAM will begin registering traders in September and plans to open for business Oct. 1 -- the same launch date proposed for the Pentagon's
terrorism market, until it was shelved.
Like the Pentagon's scrapped Policy Analysis Market, the AAM lets traders "bet" on future events by buying and selling futures as though they were
stocks. The higher the price, the more likely the market believes the event will occur. But instead of predicting terrorist strikes, the AAM will
predict things like the next White House staffer to quit.