“Dem to win White House” hits $0.75, a new high close on IEM

“Dem to win White House” hits $0.75, a new high close on IEM

I track the futures trading markets rather than polls because people are betting on outcomes with real money, and therefor stand to make (or lose) real money. That clears out the fanboys and pretenders. Of the predicting markets, I tend to look at IEM (Iowa Electronic Markets) because they have the history and larger volume of trades. So when I see "Dem to win White House" closing at $0.75, I'm impressed. [$0.75 means that people are buying and trading "Futures Contracts" called "Dem to win White House" for $0.75. If they hold onto them, those contracts will pay off $1.00 if/when that outcome happens. The more likely that outcome becomes, the close the trading price gets to $1.00] As a point of comparison, at on this day in 2008, "Dem to win White House" closed at $0.60.
Poppiti Proposes Pardons Fix

Poppiti Proposes Pardons Fix

Last week I divulged my one essential candidate questionnaire question: Do you think that there is a “Democratic” approach to this office? Reading through some of the Lt. Governor candidates web sites, it appears to me that Poppiti's idea for giving the Board of Pardons direct legal authority to grant pardons for low-level, non-violent offenses is simple and rooted in Democratic principles of fairness. I can't cut and paste from the site, but click through here and give it a read.

Obama Congratulates Clinton and Sanders

Just after mid-night the White House released the statement below. If they want it, I believe Clinton, Sanders and Obama can become be a three-headed destroyer of conservatism. The time is right to set the GOP back 50 years and re-establish fairness as a core national value and rational decision making, as a core national competency. Yes we can.