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As Obama's Intrade Odds Tank Following Gruesome Jobs Numbers, Adm'n Excuse-Makers Melt Down
Reaganite Republican ^ | June 4, 2012 | Reaganite Republican

Posted on 06/04/2012 5:01:13 PM PDT by Reaganite Republican


It was only a little over a year ago the Bolshevik Boy Wonder's seemingly limitless supply of dumb-luck had his second term a forgone conclusion in the minds of many, including myriad RINOs and other Republican defeatists. 

Oddsmakers like Intrade are notoriously accurate -possessing the same eerie prescience found in Vegas football bookies- as these are people who make a living betting on such things...
and Barack Obama's reelection was a 70% certainty to them
at one point.

Alas, while not 'wanting America to fail', I myself have long felt it a certainty that reckless Obama policies would have reality intervening eventually: expectations were for an ill-advised foreign policy to blow-up in his face, with an economy that could limp back to life but with harmful inflation sparked by a bloated money-supply.

Yet in an eventful 2012, we've seen FAIL the other-way-round: Obama's still lucky on public opinion of foreign policy
(as many pretend Iran is not there), but the economy has not delivered any sort of real recovery that I thought certain by this point... rather, it's circling the bowl as Romney has communicated that reality better than most would have thought.

Friday's jobs report -creating only about half of what's needed just to keep up with population growth, never mind pull up this country by it's bootstraps- was truly pathetic. Economists expected 100-200K new positions on the nation's payrolls, yet a meager 69K means an monthly 2012 average just a bit more than that, +75,000 jobs/month.

Since that report hit the wire, Obama's odds chart looks as if
it fell off a cliff.. costing him 5 points overnight:



No big deal? That's clearly not what former 'Car Czar' Steve Rattner thinks, the Obama surrogate 'freaked out' on MSNBC when presented with the President's decaying odds at Intrade. As one might guess, David Axelrod showed little grace under pressure either as he attempted to defend the Administration's woeful employment policy on Face the Nation Sunday.

In still more good news for us clingers, Scott Walker's chance of victory stands at a towering 93.8% today... he's got that one in the bag, and with massive nationwide implications (hard to see how a demoralized Wisconsin Left is a good thing for Obumbles, either).

Business Insider   In-trade   MSNBC   TheRightPlanet


TOPICS: Business/Economy; Government; History; Politics
KEYWORDS: axelrod; jobs; rattner; unemployment

1 posted on 06/04/2012 5:01:23 PM PDT by Reaganite Republican
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To: ken5050; AdvisorB

*** PING ***


2 posted on 06/04/2012 5:02:18 PM PDT by Reaganite Republican
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To: Reaganite Republican
In still more good news for us clingers, Scott Walker's chance of victory stands at a towering 93.8% today... he's got that one in the bag, and with massive nationwide implications (hard to see how a demoralized Wisconsin Left is a good thing for Obumbles, either).

I pray that one is borne out.

3 posted on 06/04/2012 5:40:43 PM PDT by varmintman
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To: varmintman

Me too, and I will say Walker’s odds got better on Intrade TWICE before I could even finish this brief post lol

He’s got the Big Mo imho, I don’t put much merit in that PPP poll showing it closed to 3 pts, they are a Democratic polling organization

Walker will do better %-wise than than in his initial election to the office of Governor... that’s my prediction and I’m standing by it lol


4 posted on 06/04/2012 5:46:53 PM PDT by Reaganite Republican
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To: Reaganite Republican

If Walker wins Dimocrap heads all over Wisconsin will explode!


5 posted on 06/04/2012 7:22:03 PM PDT by pankot
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To: pankot

We can only hope.

Next week, I will have an opportunity, if I choose, to see an ardent statist. I normally go to lengths avoid these opportunities. Unfortunately, they are a regular occurrence.

This time, I am planning on being calm, happy, smiling and perhaps triumphant. I fully expect the donk to be pale, whey-faced and trembling.


6 posted on 06/04/2012 8:55:37 PM PDT by reformedliberal
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To: reformedliberal
Next week, I will have an opportunity, if I choose, to see an ardent statist. I normally go to lengths avoid these opportunities. Unfortunately, they are a regular occurrence.

This time, I am planning on being calm, happy, smiling and perhaps triumphant. I fully expect the donk to be pale, whey-faced and trembling.

I have a similar acquaintance. I'll see her in late June, perhaps by then POTUS will have struck down Obamacare, and I can be double-smug.

7 posted on 06/05/2012 5:05:49 AM PDT by wayoverontheright
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To: pankot

Update: Boom! There goes another head! Bang! There goes yet another!


8 posted on 06/05/2012 7:37:41 PM PDT by pankot
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