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 As a result, the DMO has withdrawn its authorization.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 ...
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.
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.
Shouldn’t the headline read => “PredictIt Gives Biden Zero Chance of Survival”
Never mind. I just read the article. (A big no-no)
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.
I've heard people claim that gambling type polling sites are more accurate than other polling, but I think they are subject to manipulation.
Eye luv otto korrekt
I still can’t figure out what commodity futures have to do with a political website.
Weird, you’d think someone, who according to the MSM, has an approval rating of 40% would have done better than that.
Who is surprised by this though?
And what does that have to do with commodity futures?
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.
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.
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.
Had the same problem. Fixed it by reducing screen size one notch (CTRL/-).
Move it offshore
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https://www.bitchute.com/video/—QS_UyW2SY/
It’s operating out of new Zealand, so just how this allows some fed dep to say they can’t operate is just bs
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