Posted on 03/15/2010 6:13:32 PM PDT by AlanD
The Washington Independent's David Weigel points out that the online futures betting site Intrade has seen the price shoot up for bets on "Obamacare to become law before June 30."
The current trading price is at $7.38, which means the Intrade betting market's mathematical consensus is a 73.8% likelihood that said "'Obamacare' health reform" will pass before June 30.
That price shot up March 3, the day President Obama made his post-health-care-summit speech in the East Room, laying out his own proposal, with some GOP ideas folded in after the summit, to a TV audience--so it looks like the president's personal involvement, and all the talk of health reform as an inevitability, has succeeded in creating the impression that it is.
(Excerpt) Read more at theatlantic.com ...
The DU and Kos kids are like all doom and gloom. What gives?
I think this proposed Slaughter maneuver is still being weighed by people unfamiliar with it. Basically the House gets to pretend a measure passed even without the votes under certain parliamentary circumstances where there’s nobody there to object.
Who CARES what this phony easily gamed Intrade
says .
Are you trying to DEFLATE PEOPLE FROM CALLING and FIGHTING????
If it so easily gamed, you can bet that Obama-care won’t pass and make a fortune.
Sorry noob.......go sell yer doom and gloom someplace else.
But why are your trying to Help Peddle the Obama talking points that its Over, Give UP, Don't Bother ....
That An Alinsky 101 tactic.
Check the sign up date.
In my original posting, I mentioned that I called my Congressman’s office today. Are you that easily discouraged? Shame on you.
I made 20 calls today and five donations .
Figures.
For those who don’t understand Intrade, it is just a snapshot of informed public opinion. It doesn’t predict the future.
The day before John McCain picked Sarah Palin as the VP choice, Intrade showed she had a 10 percent chance of being chosen as McCain’s pick.
REPEAT, INTRADE DOES NOT PREDICT THE FUTURE.
Who were the donations to?
Soooo...March 3rd is what they are basing this on?????
Just love tweaking FReepers, huh noob?

you magnificent bastard, *I read your book
“For those who dont understand Intrade, it is just a snapshot of informed public opinion. It doesnt predict the future.
The day before John McCain picked Sarah Palin as the VP choice, Intrade showed she had a 10 percent chance of being chosen as McCains pick.
REPEAT, INTRADE DOES NOT PREDICT THE FUTURE.”
Very good point. Also recall that Intrade had Doug Hoffman as 80% in NY 23 last November at the time the polls closed. Then the returns starting coming in, and it fell like a rock.
The people betting on Intrade don’t know anything more than you or I do. It is just conventional wisdom. It does NOT mean this bill can’t be defeated.
Look, these Dems have been heavily pushing the “inevitability” thing all week, but the truth is that right now they are still short by as many as 10 votes.
Even if they somehow get the votes, the margin is going to be razor thin, like one or two extra at the most.
This means that just one or two Dems coming to their senses can bring down this entire house of cards, so it’s VITAL that we not lose hope and KEEP UP THE PRESSURE!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.