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Monday, August 27, 2007

Futures Market

After Saturday's RT2 session, a few of us were kicking around the idea of a futures market in LA political corruption sort of modeled after the nutty terror futures intelligence gathering operation floated by the Pentagon a few years ago.

Since political corruption is itself a kind of raw form of black market capitalism, why not employ the infallible tools of the free market to help predict and perhaps weed some of it out. At the very least, it seems a more efficient means of sophisticating up the local corruption than the current tact of barely funding the Inspector General's office.

So.. if we are going to start betting on investing in future prosecutions, where should we look for the latest odds? American Zombie? Punditbook? Surely someone wants to get in on this racket.

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