Bad Ideas
John M. Poindexter has been fired by the Pentagon. As a leader in the production of bad ideas – beginning with the Iran/Contra arms for hostages scam, and proceeding to proposing that the Pentagon maintain electronic surveillance (internet, telephone, television, etc.) of all Americans to weed out the terrorists – the convicted felon and Admiral lost all credibility by proposing the almost immediately discredited idea of a “futures market” in terror attack intelligence. A brilliant idea, isn’t it, as anybody who managed to do well in such a scheme would have to be a terrorist themselves, and therefore prosecutable for insider trading. As much trouble as I have understanding how he got a job in the first place, I’m still amazed it took this long to fire him. Good riddance. (Who’s next?)