To: JohnHuang2
Perhaps it's because of Buchanan's rep as a paleo that I find this column a bit surprising. He's right on target. Markets reflect information, and that information can be highly useful.
To: JohnHuang2
This has to be the first time in years PJB has been in favor of anything being traded freely.
3 posted on
08/07/2003 6:48:15 AM PDT by
.cnI redruM
("If you think no one cares about you, try skipping next month's car payment" - Daily Zen)
To: JohnHuang2
Suppose all the anti-terror experts at CIA, Pentagon, NSA and State, active and retired, had been in a betting pool Is Pat suggesting that active officials would be allowed to participate in this sort of gambling?
Not only could that be an excellent example of the whole loose lips thing, but it seems to me that they would be engaging in insider trading. Insider trading makes for lousy markets, which is why it is outlawed on the US securities exchanges.
To: JohnHuang2
It's been a while since Pat's been right about anything, what with his tirades against people groups, but he's right about this one.
Poindexter had a new idea. The politicians were small minded.
Poindexter, a genius...of the hard-working variety, should have been left to his tinkering.
10 posted on
08/07/2003 7:46:20 AM PDT by
xzins
To: JohnHuang2
I don't understand why this could be such a good idea:
How can this "market" be more accurate than the predictions of government people who would be privy to the latest secret intelligence on terrroist activity?
Wouldn't it be akin to people without access to meteorlogical data being better at predicting the weather than professional weathermen?
can anyone elighten me?
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