Friday, August 13, 2010

Intrade Odds Now 70%: Republicans to Take House

I'm not sure exactly what happened, but Intrade odds surged today by 7.5% to a 69.9% chance that the Republicans will control the House after the November elections.

8 Comments:

At 8/13/2010 6:55 PM, Blogger PeakTrader said...

Even the Poor Are Abandoning Obama, According to Gallup Poll Data
August 13, 2010

"This marks the first time since Obama was inaugurated on January 20, 2009, when Americans in all four of the income brackets reported in Gallup’s weekly survey of presidential approval gave Obama less than 50 percent approval.

The higher the income bracket an American occupies, the sooner he or she was likely to stop approving of the job Obama was doing and the more likely he or she was to stop approving of the job Obama was doing."

 
At 8/13/2010 7:07 PM, Blogger PeakTrader said...

Blacks and Whites Continue to Differ Sharply on Obama
August 3, 2010

Whites' approval of Obama is down 24 points from the high of 62% in January 2009. Hispanics' approval has dropped 28 points from its 82% peak in May 2009. Blacks' approval has been much more stable, falling seven points from the high of 95% in June 2009.

Obama's high ratings among black Americans are not unprecedented. Fellow Democrat Bill Clinton averaged 81% approval among blacks during his term in office, including 89% or 90% average approval in the last three years of his presidency.

 
At 8/13/2010 7:30 PM, Blogger PeakTrader said...

However, it looks like a good weekend to call a mortgage broker about buying or refinancing a house.

 
At 8/13/2010 8:11 PM, Blogger Hydra said...

People must have seen your previous post

 
At 8/13/2010 9:46 PM, Blogger Jet Beagle said...

I think the odds started rising yesterday (Thursday) after the Dept of Labor issued a report showing jobless claims had increased.

Mark Gersh, Democratic analyst and director of the National Commeittee for an Effective Congress explains:


Unemployment in the individual congressional districts "is the leading factor in determining the November elections," says Mark Gersh, one of the Democrats' top voting analysts. "The hope of the administration is it's trending down when the elections are held, but they're running out of time."

 
At 8/14/2010 9:36 AM, Blogger Timmay said...

Sadly, they will just keep doing what the Democrats are doing. The Republicans and the Democrats are essentially the same party now, their policies are so similar. I am voting third party if only to send a message.

 
At 8/14/2010 10:20 AM, Blogger juandos said...

"The Republicans and the Democrats are essentially the same party now, their policies are so similar"...

Hmmm, I feel your pain, seriously...

Republicans have been a disappoint all to often IMHO...

 
At 8/14/2010 4:12 PM, Blogger PeakTrader said...

I think, if Bush could've been reelected, he would've done something effective, e.g. pass another tax cut similar to 2001 or early 2008.

I doubt Bush would've wasted time fiddling with cash-for-clunkers, health care reform, financial reform, energy reforms, attacking Wall Street and the rich, create clouds of uncertainty, burn cash as fast as possible, etc., while extending unemployment benefits over and over, because of failed policies. Jobs would've been his #1 priority, not #44.

The Democrats need to grow up. They generally betray us.

 

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