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Wednesday, May 5, 2010

Pundits (Carville & Jeb Bush) Pick Sarah Palin For 2012 Presidential Bid

Bay Area, CA - Former Alaska Gov. Sarah Palin stands good odds of being the Republican nominee for president in 2012, according to two of the nation's top political strategists who visited the Monterey Peninsula on Monday.
"I think she loves it," said popular television commentator James Carville, noting that he is willing to bet that Palin's enthusiasm for the political spotlight carries her to the GOP presidential ticket. Later asked about Sarah Palin, Carville responded: "I'm struggling to say something nice about that woman."[…]
Jeb Bush, "You need to go seek knowledge. You can't just be set in your ways" The world is really complex," he said. "If (Palin) does that along the way she'll be a formidable candidate."
Bush said the emerging conservative tea party, for which Palin has become the torchbearer, had no "five-point" plan to improve the country. But he credited the movement for taking on American politics and exposing the frustration many have toward Washington.  "In the end, their participation will be healthy," he said.  […]
Last weekend, (Bush) he stumped for California gubernatorial candidate Meg Whitman in the San Francisco Bay Area.  Bush and Carville addressed the issue of partisan politics at Monday night's lecture, something they both acknowledged that afternoon was a problem.


Monday, May 3, 2010

Sarah Palin Surpasses Mitt Romney As GOP Frontrunner At Intrade, (Vegas Oddsmakers)

Intrade represents a type of stock market which trades in predictions regarding outcomes of future events. If you believe that Sarah Palin will be the Republican nominee in 2012, you can purchase a "contract" for the prevailing price, currently 25.8. Romney is currently 26.0. This price is determined by the contact traders themselves (anyone can buy or sell) and can be considered a form of ongoing poll. In fact, this speculative trading on events has been considered for use by the Pentagon as it is a highly reliable predictor of future events.

For example, if you purchased a contract on Sarah Palin today at 26.8 ($2.68), and she in fact becomes the Republican nominee for President, the contract immediately closes at 100, and the value goes to $10.00. You would therefore earn $7.32 for each contract purchased. If she chooses not to run, or runs and does not become the nominee, the contract closes at 0, and you will have lost $2.68 per contract purchased.
The bottom line is that there are thousands of people who are speculating in this market, and the market is predicting that both Sarah Palin and Mitt Romney are equally likely to be the Republican nominee. What is interesting is the fact that until Friday, Sarah had been trailing by 2 to 4 points for months.
Note how Sarah's stock rises and falls with significant events. I was surprised that her "price" hasn't fallen with the Gulf oil spill because of her outspoken support of offshore drilling.
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I live in DC and a I can be reached at sarah2012gop@yahoo.com