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Thomas Daschle: I answer the Senator from Illinois by saying yes, indeed, the same John Poindexter with the checkered past that we have…

On the recordJuly 29, 2003
I answer the Senator from Illinois by saying yes, indeed, the same John Poindexter with the checkered past that we have known him to have is back again. This time policyanalysismarket.org apparently is one of the projects for which he is responsible. This new trade in death is something that I am told he is heading. I am anxious to get more information, of course, from the administration and others about how this individual as well as this Web site came to be. Just very quickly, this is the Web site the Senator from Illinois cited, the specific possibilities for investment: The King of Jordan overthrown, the price they suggest starts at just 23 cents on that one. Arafat assassinated, that is worth 23 cents as a possibility. The price range may be anywhere from 22 to 33 cents. They expect a volume of 2,333 investors. We can move to the second chart. This is the actual Web site from DARPA: King of Jordan overthrown, North Korea missile attack, Arafat assassinated. All of these are on the Web site. Whatever a prospective trader's interest in the web site, the involvement in this group prediction process should prove engaging and may prove profitable. This is one of the most intriguing parts of their assertion, that these actual investments in these incidences could actually prove to be profitable, as they consider investments in any one of these tragedies. I should say, investing in these incidences for purposes of profit.
Said by
Thomas Daschle
South Dakota

Editor's note · Context

Discussing concerns over a controversial prediction market project linked to John Poindexter.

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