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Likelihood of Obamacare Passage Skyrockets Today

By: houstoneagle (Diary)  |  March 13th, 2010 at 09:29 PM  | 

RESIZE: AAA

People are flooding the Intrade Prediction Market with money, betting that the Democrat monstrosity otherwise known as the health care bill (aka "Obamacare") will pass soon.

The probability went up 25 points , from 45% to 70% chance, in just the last 24 hours .

There is only one thing for you to do right now .

COMMENTS

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  • houstoneagle

    The chart shows a close at 65%, but the last trade was at 68.9%.

  • izoneguy

    and Dan seems pretty sure it won’t – but – hang on it’s going to be a bumpy ride……

    • Ausonius

      I have followed this before: there is just too much volatility for this to be accurate until hours before the actual vote.

      That is when you will find the rats selling or buying one way or the other.

    • GregInFla

      I mean, if it passes, you win money, to pay all the taxes and premiums. If it fails, you paid a small price for your freedom. It’s like betting against your team. You are either happy your team won, or you get consolation prize of the return on your bet.

  • 6eorge Jetson

    There was a story in the AP on Friday about how ZeroCare passage had become more likely. Hopefully, they’re all dead wrong.

  • 6eorge Jetson

    Health bill’s prospects abruptly improve; Obama delays trip

    I don’t see how the story can be accurate at all, what with it claiming that a Student Loan bill will be added to it.

    I think the most informative piece of information is in the picture about midway down on the left. Pelosi has “man hands”.

  • acat

    Yeah, adding the Student Loan crap to it makes it more appealing, so it’s more likely to pass…

    Reminds me of the old Jon Lovitz character on SNL, “Tommy Flanagan, pathological liar”. “Yeah, they added student loans. That’s the ticket..” Always thought Jon should run for Congress, he had the slimy politician factor down….

    Mew

  • 6eorge Jetson

  • acat

    I did NOT need to see that mid-coffee.

    (thanks, 6eorge)

    Mew