Slashdot Mirror


Prediction Markets and the 2008 Electoral Map

Electionwatch submitted a predicted electoral map of the 2008 US Presidential election, based on the bets made by the intrade prediction markets. I'm always interested in these markets and how accurate they end up being. This one calls it for Obama, but then again you probably could guess that by just watching 10 minutes of any TV "News" channel.

17 of 813 comments (clear)

  1. Obama will win! by Anonymous Coward · · Score: 5, Funny

    He can walk on water and make the dead rise.

  2. Called if for Obama by bit+trollent · · Score: 5, Insightful
    I think that the computer really only needs a few numbers to call this election for Obama:
    1. Value of the Dollar
    2. Number of people killed in Iraq
    3. Number of WMDs found in Iraq
    4. Percentage of bankruptcies caused by lack of health care coverage
    5. Number of houses lost to predatory lenders - this is what deregulation is all about
    1. Re:Called if for Obama by pubjames · · Score: 5, Insightful

      Unfortunately, I think there are going to be powerful dark forces at work to try get the Republicans back in again.

      People are easily swayed. Another terrorist attack in the USA I think could sway the elections.

    2. Re:Called if for Obama by tonyreadsnews · · Score: 5, Insightful

      Right because so many things like this weren't against Bush when he was elected the 2nd time.

      Never underestimate the power of fear, doubt, and money.

    3. Re:Called if for Obama by r_jensen11 · · Score: 5, Insightful

      Unfortunately, I think there are going to be powerful dark forces at work to try get the Republicans back in again.

      People are easily swayed. Another terrorist attack in the USA I think could sway the elections. That after 8 years, Republicans can't protect America?
    4. Re:Called if for Obama by Red+Flayer · · Score: 5, Insightful

      Never underestimate the power of fear, doubt, and money.
      Also, never underestimate the power of unverifiable electronic vote capturing in key districts.

      And never underestimate the power of election tampering by directing poor urban voters to the wrong site... or by undersupplying voting machines in poor urban districts...
      --
      "Trolls they were, but filled with the evil will of their master: a fell race..." -- J.R.R. Tolkien on Olog-hai
  3. Pretty close to CNN by jeiler · · Score: 5, Interesting

    http://www.cnn.com/2008/POLITICS/06/10/electoral.map/index.html

    --

    If you haven't been down-modded lately, you aren't trying.

    Sacred cows make the best hamburger.

    1. Re:Pretty close to CNN by mh1997 · · Score: 5, Insightful

      Was there ever a time that the political "news" centered on the candidates and not polls and predictions?

  4. I, for one, welcome our new Votemaster! by Iambic+Pentametor · · Score: 5, Informative

    I visit http://www.electoral-vote.com/ every day.

    --
    So, rather than appear foolish afterward, I renounce seeming clever now.
  5. Wait... by Quiet_Desperation · · Score: 5, Funny

    Should this map be on the Diebold site?

  6. Re:Go Obama!! by Frequency+Domain · · Score: 5, Insightful

    Go Obama!! Don't you mean Ron Paul? No, because I've actually studied economics (as opposed to reading a few Ayn Rand novels).
  7. Re:Dolt by spun · · Score: 5, Insightful

    So socialized medicine, which has been proven to work far better than privatized medicine in the entire rest of the developed world, somehow equates to 100% of Americans losing their property rights?

    If socialism is so evil, I'm sure you'd like to do away with socialized armed forces, police, fire departments, roads, sewers, electric companies and all the other evil socialist practices America currently has?

    Where is Obama against privacy? Where is he against personal, as opposed to corporate property rights? You are simply scare mongering, not presenting a rational position.

    --
    - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
  8. Re:Dolt by JustinOpinion · · Score: 5, Insightful

    It is not our responsibility to provide a safety net for bad practices - doing so brings the whole system down, because everyone starts thinking they can make mistakes and someone will protect them from the consequences (for free at that!) Your comment criticizes safety nets for irresponsible borrowing. But allow me to extend it to social programs in general (I'm not claiming this is your opinion, since I obviously don't know; I'm merely using your comment as a starting point for this thought...). Applied to social programs in general, your comment nicely highlights the difference in thinking between the two viewpoints.

    On the one side, you have people who believe that social safety nets bring down the whole system--because they are a burden to everyone (even those who are able to do without), and they allow people to be lazy.

    On the other side, you have people who believe that social safety nets bring up the whole system--because they limit the formation of a highly disenfranchised class (who then turn to crime, etc.), protect everyone (even those who have, so far, been lucky enough to not need them), and they allow people to take "risks" (like getting an education), which often leads to progress.

    Both viewpoints have some merit. On the balance, I think that a well-run social program can lift society more than the distributed burden it engenders (e.g. I think libraries do more good in educating than the cost we must communally bear to fund them). I do, however, agree that people need to take responsibility for their actions (e.g. irresponsible borrowing of money).
  9. Re:Why McCain? by Opportunist · · Score: 5, Insightful

    This alone is reason enough for me to vote against him. No matter if the alternative is a water cooler.

    Think about what "lower taxes" basically means. Lower taxes means less money in governmental pockets. Thus less governmental spending (or increasing the national debt, either way you're fu..ed). Less fed spending means less money for public schools, less money for roads, less money for wellfare, less...

    Wait, you don't care about wellfare you say? Doesn't affect you? It does.

    Allow me to tell you something about my country, in Europe. We pay taxes that would make your head spin. All in all, when my buck is spent, only about 30 cents thereof go to some sort of good or service, the rest is siphoned away in taxes, directly or indirectly. Wage tax, healthcare tax, VAT... pretty much the only thing not taxed is taxes. And you pay extra tax on alcohole, fuel, housing, you name it.

    In other words, my country has quite a bit of cash to spend. And they do. Wellfare checks are about a thousand bucks a month. You can easily live on that. If you have family, you get more. And your rent is paid as well.

    Why does that affect me, when I have to work so that moocher can sit on his lazy ass and get fat? Because people have something to lose. People who don't have anything to lose don't care if they have to bash your head in for the 20 bucks you have on you.

    Our crime rate is low. Incredibly low. I live in the capital, still a murder makes the evening news, and is certainly the headline of tomorrow's papers. It happens once a year, so it's quite some event!

    What I want to say is that you have to pay for what you want, one way or another. When you're done paying for healthcare, security (which includes living in a "good" neighborhood, buying some alarm system and maybe even hiring security goons), retirement and other insurances, you're probably where I am.

    Though I'd guess, you have less money on your hands than I do. Despite paying about 30% of my income directly in taxes, and another 50% indirectly.

    --
    We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
  10. Re:Dolt by sqrt(2) · · Score: 5, Insightful

    I don't think anyone has a right to keep 100% of the wealth they produce, unless maybe you live a completely self-sufficient self-sustaining lifestyle off the grid in some remote place. I recognize that an individual does have some responsibility to the collective society which allowed that individual to succeed. For the most part, far right-wingers and libertarians just want to take their ball and go home, forgetting that their success is in part due to the work done by others before them. Wanting to wiggle out of your responsibilities of the social contract while retaining the benefits is pretty self-centered and short sighted.

    --
    If you build it, nerds will come. Soylentnews.org
  11. Re:Dolt by bbasgen · · Score: 5, Insightful

    The government is charged with upholding rights. That is done through the courts and by force through through the executive branch. So of course we need armed forced and police to uphold our rights. You've made a leap in logic here, and it reveals the flaw in your premise on "rights". If force of arms is necessary to maintain property rights, then what do you suppose is necessary to provide equal rights? You can't, after all, use a gun to enforce free speech, but you can provide equal public access to the media. Just as you presume an innate property right, an equally axiomatic assumption can be made about a right to health care. You can't suggest that a property right is sustained in any way other than through redistribution of wealth, simply, it is a form of redistribution through which you approve (free market) rather than a redistribution that you loathe (communal funding).

    I'm just saying that such taxation is only justified if it is voluntary. No, you are actually saying taxation is only justified when it doesn't interfere with property rights. You've taken that single right and made it superior to all others; other rights exist only to the extent that they are subservient to that single right that you worship.
  12. Re:Dolt by Kjella · · Score: 5, Insightful

    Yes. Everyone has a right to property they freely acquired from other freely-acting individual. When the government (or anyone else) starts forcefully taking away that property, that right is being violated. Fine then, you don't want to be part of the public. You're hereby restricted from using any public property in any way and will be charged with trespass if you do. I think you need to use public property more than the other way around. Oh wait what's that? I hope you're not going to point so some silly paper like the constitution now, because it's the same silly paper that imposes taxes on you.

    So of course we need armed forced and police to uphold our rights. I'm just saying that such taxation is only justified if it is voluntary. Just as you freely choose to pay some amount for insurance against emergencies, you would also freely choose to pay toward upholding your rights (and the rights of everyone else). Tell the IRS that next time you see them. And are you suppose to go without due process if you haven't paid your Court Tax? You have a very disturbed ideal society.

    "fire departments, roads, sewers, electric companies and all the other evil socialist practices America currently has" Yes, there is no reason why these services could not be provided by private organizations, and in fact all of these services are and have been provided by private organizations. Ok, fire insurance is individual but tell me how a fire department is supposed to work... Are they going to check which tenants in my building have paid their fire department subscription, and save only those apartments? Or are they going to save the building and try presenting me with a bill for a job I didn't ask for?

    I suppose you could have a private interstate that you could charge toll on, but how the fuck would private roads operate? If you own the downtown roads, there's no way to build more without tearing down city blocks, not to mention the insane amounts of overpasses it would require to have separate road networks.

    Private sewage might work in rural areas, but try patching up a few city blocks with multiple independant sewage systems, particularly if some of them are asshats and won't let you pipe through even if you don't want their service all while keeping a downward flow in all pipes.

    None of these are going to happen, instead you'll create private mini-monopolies where there's no competition whatsoever. That is if you seriously want to privatize all that, not have the government hire private companies to run it (which would mean competition, but still paid for by tax dollars).

    Do you think you will have any control over your personal records (medical, financial, etc) under a system where an entity backed by force is controlling the service that is utilizing those records? You would be incorrect to assume that. So far, the track record is that you have zero control unless backed by law. It's also my impression that private companies are far more likely to break those laws in search of profit, while public companies use it a as lever to gain more funding. I actually prefer the latter.

    Both he and his wife have spoken very openly about altruism, which by definition must require the curbing (read: abolition) of property rights. Is there any color except black and white in your world? Don't you have say, restrictions on playing loud music at 3AM? OMG private property is abolished, welcome to Soviet America. Stay off the drugs, man.
    --
    Live today, because you never know what tomorrow brings