Intrade shows Obama losing the November election.

I took this article in its entirety from Kids Prefer Cheese (a blog), posted by Angus.  Angus and his bud,  Mungowitz are libertarians, writing a an innovative blog.  Here,  they give good reason to predict the defeat of B Obama in November. . . . . . . a prediction made five months ago,  back in October of 2011.   Today, Intrade has Obama at 60% with regard to his re-election.  Which is it?  Will the conditions that drove Obama's numbers down in October,  now give him relief?  Time will tell.

On Intrade this morning, Obama's re-election probability is 47.9%, which is the low point for this contract:



This low-ish probability of re-election is now in line with what my main man Doug Hibbs has been predicting via his "Bread & Peace" model, namely Obama loses (Hibbs is predicting 46.2% of the vote for Obama):


(clic the pics for a more Romnian view)

Hibbs has been predicting an Obama loss since May, which is when the Intrade Obama contract peaked at 70% (due to his RIP OBL bounce).

All hail the Stormin' Mormon?

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