Tag Archives: health care reform

Justice Ruth Bader Ginsburg on the constitutionality of Barak Obama’s health care law – [VIDEO]

TAKEAWAY: Time is of the essence.

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The sudden dip in March 16′s InTrade ObamaCare prediction market was an intentional coup.

Here’s the latest discussion.

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Allegedly, an idiot pressed the wrong button on March 16′s InTrade ObamaCare prediction market. Do you buy it?

Marcus Shea: Here’s the most likely scenario as to what happened here: Somebody had a decent short position. Say they had about 65 shares (the volume bars indicate that this was likely a < 100 share transaction, ie, < $5 … Continue reading

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InTrade prediction markets “got health care wrong”… — dixit Daniel Gross of Slate, a site I will no longer read.

Slate’s Daniel Gross: Don’t Short Obama Why political futures markets got the health care bill so wrong. By Daniel Gross Posted Monday, March 22, 2010, at 6:05 PM ET It would be very difficult to tote up all the times … Continue reading

Posted in All Best Posts Ever, Analysis (Accuracy & Precision), Analysis (Meta), Collective Forecasting, Collective Intelligence - Wisdom Of Crowds, Exchanges & Markets, Market Expiry, Market Liquidity, Market Prices & Probabilities, Prediction Post-Mortem | Tagged , , , , , , , , , , , , , , | 4 Comments

The Real Arithmetic Of The Health Care Reform

The Real Arithmetic Of The Health Care Reform – NYT – by a former CBO director. Required reading for Paul Hewitt. – - ADDENDUM More info on health care reform on Memeorandum, Politico and Slate.

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“In 1965, Congress said Medicare would cost $9 billion by 1990. In reality, it cost $67 billion –seven times more than the prediction.”

Ron Paul – - ADDENDUM More info on health care reform on Memeorandum, Politico and Slate.

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Nate Silver: InTrade probability on ObamaCare is quite right.

Nate Silver: I’m not sure if you should particularly care about the little 5 or 10 point hedges (usually to the pessimistic side) that I’ve periodically been recommending around the Intrade contract on the chances of reform passing. Even if … Continue reading

Posted in Collective Forecasting, Exchanges & Markets, Market Liquidity, Market Prices & Probabilities, Politics, Predictions - Forecasts | Tagged , , , , , , , , , , | 3 Comments

When the ObamaCare event derivative reaches 80%, I will officially declare America as a socialist country —just like France and Sweden.

ADDENDUM More info on health care reform on Memeorandum, Politico and Slate.

Posted in Exchanges & Markets, Market Liquidity, Market Prices & Probabilities, Politics, Predictions - Forecasts | Tagged , , , , , | 2 Comments

“InTrade should address this incident and suspend the account of whoever did this.”

Dixit Jason Ruspini.

Posted in Ethics, Exchange & Market Management, Exchanges & Markets, Market Prices & Probabilities | Tagged , , , , , , , , , | 2 Comments

OBAMACARE PREDICTION MARKET WAS BRIEFLY MANIPULATED YESTERDAY EVENING SO IT WOULD ARTIFICIALLY CLOSE AT $35. – [CHART]

IT IS NOW BACK TO ABOVE $60. See Jason Ruspini’s comment. UPDATE: Carlos Graterol. Joe Weisenthal. Gawker. Max Keiser. ADDENDUM More info on health care reform on Memeorandum and Politico.

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