Plan for 'terror market' canceled
The Pentagon will abandon a plan to establish a futures market to help predict terrorist strikes, the chairman of the Senate Armed Services Committee said Tuesday. Sen. John Warner said he spoke by phone with the program’s director, “and we mutually agreed that this thing should be stopped.” Warner announced the decision not long after Senate Democratic Leader Thomas Daschle took to the floor to denounce the program as “an incentive actually to commit acts of terrorism.” “This is just wrong,” declared Daschle. Warner made the announcement during a confirmation hearing for retired Gen. Peter J. Schoomaker, nominated to be Army chief of staff. Full Story