Trading Sarah Palin
Intrade has a contract for “Palin VP Withdrawn”. It pays off if Palin voluntarily or involuntarily relinquishes her VP nomination by Election Day. After watching Palin’s speech at the convention, I decided to short the contract, betting that McCain would not dump her. I don’t know if I want to hold this contract all the way to the election, because stuff happens, and you just never know. But it seemed like a good bet for a few days.
As for the speech itself, I thought there were a few places where her rhythm was off, like she was reading something written by someone else.. She’s no Barack Obama, but she didn’t have to be. All she had to do was not put her foot in her mouth. If I had known how well she would do, I would have placed my bet before the speech instead of after it.
In other news, the Hillary contract is still active, and someone is bidding it up. A 3% chance that Hillary will be elected President in November? I’ll take the other side of that bet, thank you very much.