Romney Pulls Ahead on Intrade’s Electoral Map

[MJ]

Romney Pulls Ahead on Intrade’s Electoral Map
Written by Gary North on October 24, 2012

Romney is decisively ahead.



This is major reversal. It happened in one day. Yesterday, he was at 261.

I place more credence on Intrade’s electoral map than any other indicator. The bettors have placed their own money on the line.

What about in straight one-on-one betting? Obama is down to 55.5%. Earlier this month, he was at 80%. His fall is accelerating this week.

What about the Senate? Will the Republicans gain a majority? The odds are against it: 24.5%.

So, there will be political gridlock for at least two years. But that was certain anyway. The Senate’s rule on cloture mandates a 60-vote majority to shut off a filibuster. Neither party will have this.

These results do not provide an explanation. They are the results of betting.


http://teapartyeconomist.com/2012/10/24/romney-pulls-ahead-on-intrades-electoral-map/

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