Election is basically over according to Intrade

If you haven’t heard of Intrade, you probably are outside leading a normal life.  For those of you that haven’t, it’s the popular betting site that concentrates on political events. According to the Washington Post ” The site’s collective wisdom tends to be more reliable than than the cadre of professional pundits when it comes to forecasting election results. (And, yes, we are including ourselves in the “professional pundit” category — for better and worse.) In 2008, bettors got only two states wrong — Indiana and Missouri. Bettors thought Indiana would go Republican and Missouri would go Democratic. Neither prediction was right. … Read more

Rare opportunity for speakers at GOP convention – CNN.com

I expect unusual stock price movement during and immediately after the Republican convention   By Kevin Liptak Convention speakers a chance for party to showcase its best in prime timeNew Jersey Gov. Chris Christie will give high-profile GOP keynote addressFlorida Sen. Marco Rubio gets coveted opportunity to nominate RomneyConvention speeches can backfire — just ask Pat Buchanan or Bill ClintonWashington CNN — For one week in August, the Republican Party will have a guaranteed place on prime time TV and, it hopes, voters undivided attention.For many watching, the Republican National Convention will provide the first glimpse of a political fight … Read more

Romney Donors Get Access, and Face Time, at Utah Retreat – Bloomberg

Romney Donors Get Access, and Face Time, at Utah Retreat By Lisa Lerer – via Romney Donors Get Access, and Face Time, at Utah Retreat – Bloomberg. I didn’t recognize anyone on Mid Mountain trail today.  The attendees must have been too hungover to go mountain bike riding. It’s either a sad commentary on American politics when you can buy acccess to either Republican or Democratic Presidents or just more proof we are increasingly an egalitarian society when you can do this for just $50,000 per head.