Apparently the Pentagon has abandoned their plan to set up a futures market in terrorism. What were they thinking to begin with? Who knows. Maybe all those smart criminals that used to work at Enron designing "rigged" markets for weather and energy futures all went to work for the Pentagon and didn't have enough to do.
Perhaps the Pentagon and the Department of Homeland Security should be investing in the systems designed to prevent and protect Americans from future terrorist attacks, rather than designing a system to allow people to bet on if and when there will be future attacks.