All articles tagged US government - Midas Oracle.ORG

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 you staffed a whole room full of the smartest vote-counters, modelers and analysts and had them work 24/7 on trying to beat the Intrade contract, I’-m not sure if they could come up with anything sufficiently rigorous to provide them with a real advantage. (That doesn’-t necessarily mean the market is “-efficient”-, but we’-ll save that conversation for another day.) But for what it’-s worth, the Intrade contract, which is trading at 75 percent right now, now looks about right to me or perhaps even a hair pessimistic.

ADDENDUM

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

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Tag Archives: US government

Rand Paul – [VIDEO]

What was said at the U.S. House Ways & Means Committees hearing on Internet gambling and betting – [VIDEO]

President Obama’s regulatory czar says that incentives, not top-down regulation, can make us do the right thing -and that includes slowing climate change.

My bill will bring 100 percent transparency to our financial markets, prevent future bailouts and, most importantly, protect Main Street.

The Real Arithmetic Of The Health Care Reform

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

Nate Silver: InTrade probability on ObamaCare is quite right.

Ron Paul -> the good… and the ugly

The United States and the European governments will default on their debt, eventually – dixit Marc Faber. [PREDICTIONS]

The U.S. is headed for a major debt crisis -within 5 to 10 years.