Tuesday, November 27, 2012

SuperDuperMax USA Gets More Secure

John Stossel reports that the federal government decides that U.S. citizens cannot invest in Intrade.com prediction markets. Up until now - and I don't know when it started - banks were not allowed to transfer money out of the country on behalf of Intrade.com investors. Now our nanny-state/socialist-anti-constitutional republic has decided, through established regulation, that prediction markets are "commodity options," and that Intrade.com is doing unregulated commodity-option trading.

Government Crushes Innovative Online Prediction Market by John Stossel, on FoxBusiness

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