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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (108985)	7/31/2003 2:22:48 AM
From: GST	Read Replies (2) \| Respond to of 281500

Rice Feels 'Responsible' for Iraq Uranium Charge 54 minutes ago Add Top Stories - Reuters to My Yahoo! WASHINGTON (Reuters) - President Bush (news - web sites)'s national security advisor Condoleezza Rice (news - web sites) said on Wednesday she felt personally responsible for the president's now-discredited charge that Iraq (news - web sites) was seeking uranium from Africa. "I certainly feel personal responsibility for this entire episode," Rice said on PBS's "Newshour" program Wednesday night. Rice said when she read the line in the State of the Union address she at the time thought it was "completely credible," but added: "What I feel, really, most responsible for is that this has detracted from the very strong case that the president has been making." Bush at a news conference on Wednesday for the first time also admitted responsibility for the uranium charge, saying at a news conference that he also took "personal responsibility for everything I say." But like Rice, he emphasized that they had a strong case for the U.S.-led war on Iraq, and said his decision to go to war was based on "good, solid evidence" that Iraq was developing weapons of mass destruction.

To: Jacob Snyder who wrote (108985)	7/31/2003 11:02:17 AM
From: Sam Citron	Respond to of 281500

I think the impetus for the futures market on terrorist attack was the difficulty that homeland security faces in trying to make such predictions. It's kind of like central command trying to determine how much wheat the Soviet Union ought to produce. The idea that a free market is the best predictor is not unreasonable. After all, if the weather futures market works, why not the terror futures market? The problem, however, is that, unlike a competitive commodity futures market, where no market player has the power to influence prices (although Nelson Bunker Hunt tried to corner the silver market), the terror futures market could actually encourage acts of terror and be manipulated to some degree by terrorists. I'm surprised the idea was not openly bounced around in academic circles before it was funded and endorsed by the US government. Under this administration, maybe I'm not that surprised. Sam