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A MODEST PROPOSAL
Charles Degelman

OpEdNews.com

In 1729, British novelist and essayist Jonathan Swift wrote "A Modest Proposal," in which he suggested that the public might address the problem of childhood poverty by eating the children of the poor. Only one small difference falls between Swift's satire and the modest proposal outlined below: Swift's 18th-century proposal was fabricated. The proposal outlined below channels recent reality.
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A MODEST PROPOSAL
A conservatively dressed young man with a slightly rakish, close-cropped haircut enters a windowless meeting room in the Pentagon and places a laptop on the table.

Gentlemen:
First, let me say how honored I am to be given the opportunity to appear before the assembled talent of the Information Awareness Office. Compared to the intelligence, sagacity, and experience of the giants I see here today, I am a neophyte and a pygmy [laughter].
I am particularly honored that you, Admiral Poindexter, took time out from your busy schedule. You have been a hero and a role model for me since childhood, when I learned (in retrospect, of course)[more laughter] how you applied your intelligence and cunning to the problem of unsanctioned support for the Nicaraguan Contras in their battle against communism. Welcome back to the Pentagon. You have been in exile too long.

But let me get to the point. Over the centuries, the world of business has, in its eagerness to beat the competition, developed a remarkable ability to find out what is going on in the world. Studies have shown that market-based techniques are the best means to predict the probability of terrorist activity. If you'll bear with me, I have brought a simple graphic to illustrate these findings. [opens laptop, presses key, displays graphic on screen].

As you can see, general polls are very poor at gathering information. A poll of "experts," such as the Senate Foreign Relations Committee, is equally useless, followed closely by Pentagon-type analysis. [uncomfortable stirring]. I'm sorry. Studies show the best means for sniffing out trouble on an international level resides-not in the intelligence community--but in business, particularly in futures markets.
Futures markets have proven themselves to be good at predicting elections, fluctuations in oil prices, and movie ticket sales. Why not terrorist strikes or assassinations?
Think about it, folks. It makes sense doesn't it? The stakes are pretty darned high if you want to put an oil pipeline through Columbia or, say
Afghanistan. You'd want to know what's going on before you dump a pile of money into a project like that, wouldn't you? [mumbling and shuffling, indicating interest] You bet. And that's just what the business community does. They find out.

But how do we tap into this? We're the Pentagon. The answer is really quite simple. I suggest we set up a futures market on terror. We invite 10,000 savvy, hand-picked international traders to participate by buying stock in the terror market. We tell them: "Involvement in this group prediction process should prove engaging and may prove profitable." These traders will go for it. They love international intrigue. They're used to working on incentive plans. Now, down to the nuts and bolts.
Here's how a futures market on terrorism would work. Traders would register and deposit money into an account similar to a stock account and add to or lose their investment by trying to predict events. Say you think Prime Minister X is going to assassinated. You buy the futures contracts for five cents each. As more people begin to think the leader is going to be assassinated, the cost of the stock goes up to, say 50 cents a share. The payoff comes when the leader is assassinated. Those who bought in at 5 cents make 45 cents a share. Those who failed to predict, make nothing. Sure, we have to pay out a little money, but we have already predicted that Prime Minister X is going to be assassinated. Worth the price, no?

[Switches off graphic, turns on lights.]
So, that, in a nutshell, gentlemen (and ladies, of course) is the plan for a futures market on terrorism. Question: Do you folks at the Information Awareness Office have the courage to embrace the fact that business has the biggest nose for news? I urge you to think outside the envelope on this one:

It could put us on the map, and it would only cost about $8 million dollars to launch.
[applause]
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SOURCES: The modest proposal above was developed, approved by the Pentagon, and presented to the world on July 28, 2003.  All technical descriptions, the graphic, and much of the rhetoric for A Modest Proposal comes directly from:
Pentagon Information Awareness Office
http://www.darpa.mil/iao/

FutureMap graphic [The source for this graphic <http://www.darpa.mil/iao/FutureMap.htm >has since been expunged from the Pentagon/DARPA web site. -weasel hunter]

New York Times 07/29/03
Pentagon Prepares a Futures Market on Terror Attacks

New York Times 07/29/03
Pentagon Abandons Plan for Futures Market on Terror
 

Charles Degelman charlie@crf-usa.org  is a writer, editor, educator, and theatrical producer living in Los Angeles. Published titles include books on media literacy, diversity, and constitutional issues (1996-2001). His first novel, A Bowl Full of Nails was finalist in the Bellwether Competition, sponsored by Barbara Kingsolver (1999), He is also a musician and co-founder of Indecent Exposure, a Los Angeles-based theater company dedicated to creating original, socially relevant work for the stage.
Member, PEN Center, USA West, Member, National Writers Union, Los Angeles Chapter

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