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Biden Gives PredictIt Zero Chance of Survival
American Greatness ^ | August 16, 2022 | By Jeffrey H. Anderson

Posted on 08/17/2022 6:39:34 AM PDT by lasereye

These days, the website PredictIt is about the only place to go for unfiltered opinions of everyday Americans speculating on the future of U.S. politics. PredictIt users have registered their collective opinion that Joe Biden has only a 20 percent chance of being reelected in 2024—a staggeringly low number for a president who’s barely a year and a half into his term.

Naturally, the Biden Administration wants to shut it down.

The Commodity Futures Trading Commission (CFTC), headed by Biden appointee Rostin Behnam, has decreed that PredictIt must cease operations by February 15, 2023. The reason is unclear. The CFTC’s Division of Market Oversight explains PredictIt “has not operated its market in compliance with the terms of the letter” that authorized its operation. As a result, the DMO has withdrawn its authorization. And that’s it. That’s all the agency thinks Americans need to know.

PredictIt lets everyone see what everyday Americans, rather than just “experts,” think about future political events, without filtering those opinions through potentially biased pollsters. This makes the site a valuable resource.

For example, when Nate Silver asserts that Donald Bolduc is the likely Republican senatorial nominee in New Hampshire and bases both his state and national forecasts on that claim, it’s helpful to see that the collective opinion registered on PredictIt is that that nomination is very much up for grabs and is actually more likely to be won by Chuck Morse. It’s similarly useful to see that the collective prediction on PredictIt is that Liz Cheney had just a three percent chance of winning Tuesday’s Republican primary for the Wyoming House seat. And it’s perhaps especially informative to see that Americans think Ron DeSantis (29 percent) and Donald Trump (25 percent) are each more likely than Joe Biden (20 percent) to win the 2024 election.

(Excerpt) Read more at amgreatness.com ...


TOPICS: News/Current Events; Politics/Elections
KEYWORDS: biden; predictit
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1 posted on 08/17/2022 6:39:34 AM PDT by lasereye
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To: lasereye

The ruling Oligarchy may allow US subjects to take certain actions, but permission must be granted first. Failure to seek permission may result in the secret police knocking down your door.


2 posted on 08/17/2022 6:43:35 AM PDT by ClearCase_guy (We are already in a revolutionary period, and the Rule of Law means nothing. )
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To: lasereye

Just Great /s off. Another poll effectively. This will be manipulated like all other data on the net to create the appropriate democrap narrative when the time comes to impact public opinion.


3 posted on 08/17/2022 6:44:45 AM PDT by Skwor
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To: lasereye

Shouldn’t the headline read => “PredictIt Gives Biden Zero Chance of Survival”


4 posted on 08/17/2022 6:49:34 AM PDT by Ken H (Trump /DeSantis)
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To: Ken H

Never mind. I just read the article. (A big no-no)


5 posted on 08/17/2022 6:50:44 AM PDT by Ken H (Trump /DeSantis)
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To: lasereye

to see what all the fuss was about I just went there using Brave. Because of there obtrusive header and footer the site was very difficult to read...

...sorry about the unflattering review, but there it is.


6 posted on 08/17/2022 6:53:31 AM PDT by exPBRrat (.)
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To: lasereye
It looks like it is basically a gambling site with political campaigns rather than sports teams or random numbers. I wonder if the betting amounts are small enough that a companion or other "interested party" (cough, George Soros) could toss in enough money to skew the odds and then get every media source to report the upswing. It could be far cheaper than advertising.

I've heard people claim that gambling type polling sites are more accurate than other polling, but I think they are subject to manipulation.

7 posted on 08/17/2022 6:55:49 AM PDT by KarlInOhio (If Hitler invaded Hell, I would make at least a favourable reference of the Devil...-Churchill)
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To: KarlInOhio
companion -> campaign

Eye luv otto korrekt

8 posted on 08/17/2022 6:57:25 AM PDT by KarlInOhio (If Hitler invaded Hell, I would make at least a favourable reference of the Devil...-Churchill)
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To: lasereye

I still can’t figure out what commodity futures have to do with a political website.


9 posted on 08/17/2022 6:57:26 AM PDT by circlecity
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To: lasereye

Weird, you’d think someone, who according to the MSM, has an approval rating of 40% would have done better than that.


10 posted on 08/17/2022 6:58:46 AM PDT by PTBAA
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To: circlecity
I still can’t figure out what commodity futures have to do with a political website.

It is a substitute for political polling, a way to measure the political zeitgeist.
11 posted on 08/17/2022 6:59:47 AM PDT by Dr. Sivana (What was 35% of the Rep. Party is now 85%. And it’s too late to turn back—Mac Stipanovich )
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To: lasereye
I thought the company and servers were based in New Zealand? I guess they could try to shut it down like PDJT tried to do with Tik Tok?

Who is surprised by this though?

12 posted on 08/17/2022 7:02:33 AM PDT by capydick (“Within the covers of the Bible are the answers for all the problems men face.)
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To: Dr. Sivana

And what does that have to do with commodity futures?


13 posted on 08/17/2022 7:05:17 AM PDT by circlecity
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To: circlecity
I still can’t figure out what commodity futures have to do with a political website.

They're basically trading contracts on future events. CFTC is the regulator for futures trading.

This would be a non issue if there wasn't gambling involved.

14 posted on 08/17/2022 7:09:10 AM PDT by semimojo
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To: KarlInOhio

It does take some resources to do that on gambling sites, with extremely unpredictable outcomes. MOST of the folks that command those types of resources want to make certain that their efforts produce a tangible result. Far easier for corporate to tell the paid staff (the cute people on TV) what they want you to know.


15 posted on 08/17/2022 7:12:46 AM PDT by L,TOWM (An upraised middle finger is my virtue signal.)
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To: lasereye

Just like drugs, the U.S. government disagrees with some other countries what would be allowed to operate in the United States. Back in 2016, gambling sites had Hillary Clinton as the favorite to win the presidential election. So this isn’t much of a loss.


16 posted on 08/17/2022 7:50:39 AM PDT by convoter2016
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To: exPBRrat

Had the same problem. Fixed it by reducing screen size one notch (CTRL/-).


17 posted on 08/17/2022 8:46:00 AM PDT by upchuck (The longer I remain unjabbed with the clot-shot, the more evidence I see supporting my decision.)
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To: lasereye

Move it offshore


18 posted on 08/17/2022 9:22:05 AM PDT by kaktuskid
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To: lasereye

JORDAN PETERSON GOES OFF ON THE GLOBAL ELITES AND THEIR INSANE PLANS TO ENSLAVE US!
26 MINUTES AND WORTH EVERY MINUTE! SHARE IT!
https://www.bitchute.com/video/—QS_UyW2SY/


19 posted on 08/17/2022 9:39:18 AM PDT by Dick Bachert
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To: kaktuskid

It’s operating out of new Zealand, so just how this allows some fed dep to say they can’t operate is just bs


20 posted on 08/17/2022 10:16:24 AM PDT by markman46 (engage brain before using keyboard!!!you)
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