Crushing information markets
Shutting down a website that allows betting on outcomes. Seems Intrade.com ran afoul of the law and I wonder if that law was Frist’s bill banning poker but not horse betting? Via Oleg, who notes: The only way totalitarian governments can exist in the long run is by suppressing accurate information.
November 28th, 2012 at 7:04 am
>>Why doesn’t Intrade just obey the complicated law and become a licensed exchange? They tried, but the CFTC won’t give them a license.
CFTC needs to go “shall issue”
November 28th, 2012 at 4:50 pm
Freedom counts for nothing with the government in Obamamerica.