Professor Mark J. Perry's Blog for Economics and Finance
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Welcome to the second New Deal!
McCain lost me when he didn't stand up against the bailout. Not only would it have been the right thing to do, but it would have also been the perfect opportunity to link Obama to a truly bad Bush economic policy, and stand on the side supported by a majority of the American people. Instead, he caved, and then worse, failed to give any coherent explaination as to why.And no, Obama didn't gain my vote either.
Could it be that intrade has a magnifying effect? Such as, the more people that vote obama influences the people that haven't voted yet? Could it be a snowball effect? Just a thought.
didn't the crude oil at $150 contract trade at similar levels this July past?and are not most online bettors a bunch of flaming libs?
AnonyMous writes..."and are not most online bettors a bunch of flaming libs?"***********************You have obviously never to been to a horse race or know anything about sports gambling. Most gamblers are the Joe Six-Pack crowd.
Anon.Personally, I doubt that theory. A lot of these folks are likely younger voters, the demographic that Obama scores well with.Not saying McCain is doing well. He has stumbling badly while Obama appears calm, confident, and relaxed. The very diffidence of Obama has become an advantage.Looks very much like McCain would need a miracle and it doesn't look like Russia with its stock market in the dumpster will be invading any country prior to Nov.
i don't put much stock (pun not intended) in intrade. i find realclearpolitics.com is a far better source of how the candidates are doing. it computes averages of all the major polls and publishes the results in easy to comprehend format. you folks here on CD should enjoy it, it leans moderately to the right.check it out!
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Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan.
Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
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