Posted on 09/02/2008 3:45:16 PM PDT by Alouette
An online prediction market weighs in on whether VP candidate Sarah Palin will be dropped from the Republican ticket.
NEW YORK (Fortune) -- Now the Democrats aren't the only ones who can try to capitalize on the negative buzz growing around Alaska Gov. Sarah Palin, the prospective Republican VP candidate.
Intrade, an online prediction market based in Dublin, created a contract Tuesday morning on the likelihood that John McCain will drop Palin as his running mate. After opening at a probability of just 3%, the odds on Palin being cut from the ticket climbed to 18% around 9 a.m. and have since settled at around 12%.
Intrade is a place for betting enthusiasts to turn a small profit on everything from the latest auction of works by controversial British artist Damien Hirst to Britney Spears' chances of landing in rehab. Contracts on a possible future event are bought and sold by users of the site, like a stock on the NYSE.
(Excerpt) Read more at money.cnn.com ...
CNN - Commie News Network
Scum-sucking bottom feeders. I can’t stand to watch for more than 30 seconds & I’m throwing things at the TV.
We damn lucky that there are still good people willing to run for office knowing of the slanderous attacks that they (& their families) will endure.
“Bush won with Quayle.”
And the media attacked Quayle the same way, for the same reasons.
Yikes!!
I swear I only hit the post button once.
I have to agree with this one. Johnny knew the reaction the Rats would have, he's counting on it. The Rats are quite predictable and completely unable to control themselves. I predict a landslide for McCain in Nov.
And McCain will stomp BO into the ground.
So I’m reading this as 12% she’ll leave and 88% she’ll stay ?
LMAO !
Presstitutes are scared to death of Palin !
Again, the major media outlets are offering their resources to give megaphones to unworthy “news”, and all because doing so is in line with their own bias. It’s long past time that American’s realized that outfits like CNN are NOT staffed by journalists, just political activists masquerading as journalists.
Palin is the only thing on the news.
Whoopeee!!!!!
No Barack, none of the time.
As long as the Dems keep the media focused on our woman, all the better.
Keep it up, boys! The more you boys attack the girl, the worse you look.
I have to agree. Romney knows that supporting McCain is what will help his political future, i.e. CA senator or govenator. He just bought a place in La Jolla.
If they force Palin out, I won't be done with the GOP but McCain can go pound sand. I wasn't a big fan of his anyway but Palin got me excited about our chances of beating Obama.
The attacks by the MSM and the Rats will do all the work for McCain to win this election in a landslide.
My point is that Intrade is not predictive. It is merely a reflection of information that people already know. Why did Intrade have Palin go from 12% (or whatever) to 95% in a matter of minutes? Because information indicating Palin was the choice was becoming available to many people simultaneously. That’s why I don’t get why people think Intrade or Iowa Markets is predictive of an election. All they do is mirror the current opinion polls. There is no other information out there that makes those services better than Real Clear Politics or some such thing.
Which is exactly why the enemy wants Palin to back out.
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