Monday, June 18, 2012

Obamacare Expected to be Ruled Unconstitutional

On the morning of June 5, prior to any exit poll reporting or election results from the Wisconsin recall election, we reported that the lapdog media was spinning the election polling in favor of their union comrades. We based our analysis on results from “prediction markets” where people are free to bet on political outcomes. The actual betting results on the morning of June 5, 2012 gave Walker a 93% chance of victory. The consensus in the lame stream media was that the race was too close to call.

Since the predictions of free individuals putting their money-where-their-mouth-is was so at odds with what the "experts" were saying, we decided to take a closer look at the upcoming SCOTUS decision on Obamacare. The chart below shows a rolling 90-day closing price from the political prediction market, Intrade. Note that this graph is continually updated. Each number on the price scale represents the market-based probability in percentage terms for the event occurring (in this case, that the individual mandate is rule unconstitutional).



>> You can learn more about "Prediction Markets" here.

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