One of the things that I have found so frustrating over the last year, in person, on the blog and on the radio show has been the pessimism among some on the right concerning the results of the election.
I’ve pointed time and time again to the various political candidates with skin in the game who are clearly running away from a Toxic Obama, but it hasn’t mattered, some disaster is going to happen, some speech is going to be given, the Spanish Voting machines are going to be fixed or some bit of Republican stupidity is going to turn victory in defeat.
Well if you won’t believe me based on political skin in the game, will you believe people with FINANCIAL skin in the game?
With just 100 days left until the U.S. presidential election, investors are beginning to make bigger bets on which candidate will carry the day.
One analysis concludes that last week’s sharp three-day market surge can only mean that Wall Street is banking on a victory from Republican Mitt Romney.
This story from that bastion of conservative thought CNBC has drawn a lot of reactions, The Lonely conservative is cautious, Allahpundit worries it will be spun against Romney while Wonkette is crying BS and folks on twitter are seeing tweets like this:
— Peter Ingemi (@DaTechGuyblog) July 31, 2012
and having reactions like this:
— TheGr8ProgObfuscator (@ProgObfuscator) July 31, 2012
The dirty secret is this is entirely predictable. The Obama Campaign spent millions in July when nobody but pundits and folks like me were paying attention to keep donors and true believers thinking this is a tight race we can win it if only I give another $300
But with under 100 days to go the people who actually have to make decisions based on the future can see the tea leaves and are acting accordingly. No amount of spin or outrage will change that
When the dam breaks it will be a deluge
The Dam for DaTechGuy’s fund-raiser has not broken so your help is needed. Any amount is appreciated
For details click here for the progress check the thermometer to the right and to kick in hit DaTipJar”.